Deals
Auctus buys Landbäckerei Sommer from SIP
SIP acquired the bakery chain in 2011 and has made returns of more than 20x its total investment
DeA Capital buys Gastronomica Roscio
This is the first deal inked by the GP via Taste of Italy 2, which recently held a final close on €330m
Tikehau leads €150m investment in Amarenco
Pierre Devillard and Pierre Abadie from the private equity team of Tikehau will join the board
Novalpina buys majority stake in Laboratoire XO
Deal reportedly values the company at more than €300m, and unitranche debt was provided by debt fund manager Ares
Livingbridge invests in Visualsoft
Livingbridge invests through its Enterprise 3 fund, which closed on £334m in October 2019
KCP invests £7m in Darts Corner
Key Capital Partners had been tracking the company for two years prior to investment
Innova acquires stake in Bielenda Kosmetyki
Proceeds from the investment will fund the company's acquisition of two cosmetics brands from Norwegian cosmetics group Orkla
Bridgepoint buys minority stake in Diagnostiskt Centrum Hud
GP will help the company's expansion further into the Nordic region
HTGF et al. lead €2m round for All3DP
Company intends to launch an international financing round, which is scheduled for 2021
Lea Partners sells IDL to PE-backed Insightsoftware
Lea acquired a majority stake in the financial performance enterprise software business in 2019
PAI acquires LDC's Addo Food and Equistone's Winterbotham Darby
Both management teams have reinvested and operations will continue to be run separately
SoftBank leads $250m round for Tier Mobility
VCs including Mubadala Capital, Northzone and RTP Global also back the e-scooter startup
EQT sells Tia Technology to trade
GP is selling the company for $78m in cash on a fully diluted basis, six years after acquiring it
Private equity ramps up divestment efforts
Exit activity jumped by 50% in October, back to pre-pandemic levels, according to Unquote Data
LDC sells Babble to Graphite for £90m
LDC retains a minority stake in Babble, while the management team is reinvesting some of its proceeds
PAI acquires Angulas Aguinaga from Portobello
PAI invests in the company via its PAI Mid-Market Fund, which recently held a €500m first close
Eurazeo Brands buys majority stake in Axel Arigato
GP will own the company alongside its founders, Max Svärdh and Albin Johansson
Agilitas sells Exemplar to Ares Management
Sale ends a four-year holding period for Agilitas, which backed the company via its Agilitas 2015 Private Equity Fund
Bertel O Steen Kapital buys partial stake in ITVerket
Computer services company expects to generate a turnover of NOK 170m (€15.6m) in 2020
Quadriga-backed Scio buys Bilfinger GreyLogix Aqua
Industrial automation company has made three add-ons in 2020 as part of its buy-and-build strategy
Apiary invests in Radiant
Radiant's management team will be led by Peter Mann as chairman and CEO Simon Cogman-Hellier
Crédit Mutuel Equity et al. invest €75m in Chausson Matériaux
Irdi Soridec Gestion, BNP Paribas, Grand Sud-Ouest Capital and Idia Capital also invest
ECI sells MPM to 3i for £170m
Other sponsors involved in the process included Livingbridge and Graphite Capital
Riverside sells Swedish Education Group for €18m
GP exits the business nine years after acquiring it via its 2008 fund Riverside Europe Fund IV