Exits
Inflexion and Equistone sell UK Power Reserve to Sembcorp
Deal ends a two-and-a-half-year tenure and gives the low-carbon energy provider an equity value of ТЃ216m
Zynga snaps up VC-backed Gram Games for $250m
By acquiring Gram Games, Zynga said it will expand its portfolio of live game franchises
Motion Equity Partners buys Holweg Weber in SBO
Azulis Capital sells its majority stake in the French paper-bag machinery manufacturer
IK buys Klingel from Halder
Deal marks the 11th acquisition from the IK VIII fund, which closed on €1.85bn in 2017
Mid Europa-backed Diagnostyka acquires GenoMed from MCI
MCI reaches a deal to sell its entire stake in listed genetics testing firm GenoMed to Diagnostyka
Elysian acquires Key Travel from Livingbridge
Deal for the UK travel-related support service generates a 3.2x return for the vendor
Apax France buys Expereo in SBO
Carlyle sells its majority stake, acquired in 2014 via Europe Technology Partners III fund
Bridgepoint sells Pret to JAB Holding
Deal reportedly values the UK-headquartered coffee and sandwich shop chain at more than ТЃ1.5bn
BDC in exclusivity with LDC over PEI buyout
Alternative assets information provider is reportedly being sold on the basis of a ТЃ10m EBITDA figure
Partners-led consortium buys Techem for €4.6bn
Deal ends a 10-year holding period for Macquarie, which took the firm private in 2008
BaltCap exits Trev-2 Group
Deal is GP's third exit in 2018 following the sales of Magnetic in January and Runway in May
Blackfin sells Owliance to Tessi
Financial-services-focused GP backed the insurance business process outsourcing service in 2010
Andera, BPI France sell A2IA to trade
French artificial intelligence and image analysis firm is sold to US-based Mitek Systems
Foresight exits Thermotech with 2.3x return
Deal ends a five-year stint under Foresight ownership, which first invested in 2013
Capiton buys Magix Software
Company's founders and CEO Klaus Schmidt have retained a significant minority stake
EQT acquires Facile.it from Oakley Capital
Sale ends a four-year holding period for Oakley, which acquired Facile in 2014 using its second fund
Gresham sells IESA to Electrocomponents for £88m
GP was invested in the manufacturing services provider via its fourth and final fund
H2 Equity Partners sells Reparenco in €460m deal
Dutch paper processor Reparenco is bought by Ireland-based packaging company Smurfit Kappa Group
LDC-backed Team17 lists with £217m market cap
Video game developer increased turnover and EBITDA by 119% and 111% respectively in 2017
Nordian sells Unicorn Grain Specialties to trade
France-based Limagrain Céréales Ingrédients acquires Dutch ingredients business Unicorn Grain
Avedon sells VanRiet to trade
Sale ends a four-year holding period for Avedon, which acquired the company for approximately €30m
Hg and ICG in £1.3bn Iris buyout
Hg6 generates a 4.2x return from the sale of the accounting software group, equivalent to a 26% IRR
Terra Firma mandates Christie & Co for Wyevale sale
GP has secured a 12-month extension to its 2007-vintage fund to enable the sale of remaining assets
Sovereign reaps 8x on sale of Kindertons to ExamWorks
Sale of the UK-based accident management business was based on EBITDA of around ТЃ20m