Deals

Successful IPO for Revus Energy

Revus Energy, the independent Norwegian upstream company, has achieved a successful flotation of its business on the Oslo Stock Exchange with trading of the company's ordinary shares due to commence today.

CVC to sell Kwik-Fit to PAI

CVC has announced its intention to sell Kwik-Fit Group Ltd to Speedy 1 Ltd, a company controlled by PAI Partners, for £800m. The basis and terms of the proposed transaction have been agreed subject to certain regulatory and other approvals.

Logic Control sold to Sage Group

The Sage Group Plc has agreed to acquire Logic Control S.A., a vendor of business management software in Spain, for an enterprise value of approximately £55m, paid in cash. The deal represents an exit for InvestIndustrial, Sagitta and B&S. The acquisition...

Graphite sells LS Group to SIG for £47m

Graphite Capital, the UK mid-market private equity specialist, has sold its majority shareholding in LS Group (LS) to SIG, the leading supplier of insulation, roofing and commercial interiors products. The deal values LS, the bespoke door manufacturer,...

Sigefi Ventures profits from 2 exits in 2005

Sigefi Ventures, which is in charge of the Siparex Group’s venture capital activity, realized EUR 8.5m in capital gains over the first five months of 2005. The capital gains came from the “FCPI” innovation funds and the fund Sudinnova II, all of...

Meiosys sale success for large VC syndicate

IBM has acquired Meiosys, a privately held company based in Palo Alto and Toulouse. Meiosys provides unique software technologies that enable applications to be dynamically moved from one server or set of servers to others without disruption. Financial...

Hg sells Trados for $60m

HgCapital has announced the sale of Trados Incorporated, the global market leader in globalisation software to the translator and corporate enterprise market to SDL Plc.

Foresight and Octopus back MBO of Covion

Foresight Venture Partners and Octopus Asset Management have invested £3.8m in the management buyout of Covion Ltd, a facilities infrastructure service (FIS) company and the Thames Valley’s fastest growing business. The venture capital trust (VCT)...

ABN AMRO closes EUR 230m nordic buyout

ABN AMRO Capital has made its third acquisition in the Nordic region this year with a EUR 230m management buyout (MBO) of Loparex Group, the leading international producer of release liners for adhesive products, from Finnish listed pulp and paper group...