Deals
Crédit Mutuel Equity buys stake in CF Group
Minority investment aims to boost growth of the swimming pool equipment and materials supplier
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
Prudentia buys George Mathai
The French GP, founded last year, typically provides tickets in the €2-30m range
One Equity Partners backs Nexion
GP intends to accelerate the company's organic growth and further boost its international expansion
BNP Paribas Fortis PE backs JAC
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Xenon acquires Koverlux from B4 Investimenti
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea
PAI-backed Froneri buys Nestlé US ice cream business for $4bn
NestlУЉ will continue to manage its remaining ice cream operations in Canada, Latin America and Asia
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
Lindsay Goldberg in talks to sell Schur Flexibles
GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia
FSN sells Fitness Word to Pure Gym
Buyer has been owned by US buyout house Leonard Green & Partners since late 2017
HV Holtzbrinck leads €8.8m seed round for Finn.auto
Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part
Accel leads $11m series-A for Tines
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Consortium invests €22m in InterCloud
Fresh capital will help the provider of cloud access services expand in western Europe
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Cross Equity-backed WDM buys Midrahtec Drahtwaren
Cross Equity Partners acquired a majority stake in WDM in January 2018
Acorn Growth buys Aerospares 2000
Company's founder, Adam Nemenyi, will remain CEO and retain a significant minority stake in the business
Omers Ventures et al. back $110m round for WeFox
Round brings the series-B total to $235m and values the digital insurance provider at more than $1bn
Apax Partners, UI Gestion et al. back Routin SBO
Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer
Invision buys stake in Reisenthel Accessoires
GP will take a majority stake, with the Reisenthel family as minority shareholders
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Agilitas sells Recover Nordic to EQT
EQT deploys capital from its EQT VIII fund, which hit its тЌ10.75bn hard-cap in 2018
Paine Schwartz invests in Warburton
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014
Main Capital's SDB Groep buys Competence Group
GP bought SDB in Q2 2018 with the intention to pursue a buy-and-build strategy