Deals
Inflexion reaps 4x on Goals Soccer Centre exit
Sale of the football pitch operator back to founders marks second exit from Enterprise Fund IV
Baird Capital exits Crisp Thinking to Kroll
GP invested GBP 19m for a minority stake in the social media monitoring firm in 2018
Ardian invests in TA Associates-backed Odealim
Sponsors will have co-control of the France-based insurance broker, with TA reinvesting
Advent and Lanxess form EUR 3.7bn polymers JV with Royal DSM carve-out
Buyers pay EUR 3.7bn for DEM; the new unit has sales of over EUR 3bn and EBITDA of EUR 500m
IK exits Bahr Modultechnik in EUR 98m trade sale
IK acquired the modular electric linear motion systems producer in 2018 via its Small Cap strategy
Astorg buys Open Health in SBO from Amulet
The medical communications company was Amulet's only asset outside of North America
Sun European acquires Tenax
The sponsor invested through its latest fund, Sun Capital Partners VIII, acquiring an 80% stake.
Bridgepoint acquisition of Dentego collapses
GP had entered into exclusive negotiations with vendor G Square following a Lazard-led process
Bain acquires majority stake in Naxicap-backed House of HR
Naxicap will continue its 10-year ownership period, retaining a minority stake in the HR services group
Alcedo could launch Agrimaster sale in late 2022
Italian GP bought the agricultural machinery producer in 2017 via a EUR 30m SBO from B4 Investimenti
Livingbridge taps PwC to explore Helping Hands exit
GP acquired the UK-based home care provider from its founders in 2018 in a Deloitte-led auction
FSN Capital acquires Epista Life Sciences
The GP said it will pursue a buy-and-build strategy in the life science IT services sector
Five Arrows kicks off Laf Santé sale
Five Arrows has owned a majority stake in the France-based low-cost pharmacy chain since 2016
Hg's MEDIFOX sale launch draws large-cap sponsor interest
Hg acquired the software platform for care providers in 2018 from ECM Equity Capital Management
Inflexion reinvests in Apax-backed Alcumus
Inflexion originally sold the risk management business in February via a GBP 600m SBO to Apax
Silver Investment forms continuation vehicle for PTF
Selling investors have made returns of 6x their original investment in the precision parts producer
Goldman Sachs AM beats sponsors to buy Norgine
Buyer's PE arm competed with Bain and Cinven in the auction second round
Sovereign Capital readies Nurse Plus for exit
Clearwater International hired to advise on sale of the UK-based healthcare staff agency
Perusa to exit Müpro in SBO to IK
Management of the German industrial fixings supplier will reinvest with a minority stake
Ufenau acquires EinzelNet in first deal with Fund VII
Management and founders will retain a 25% stake in the Spanish IT services group; bolt-ons planned under new owner
MB Funds to exit Raksystems in sale to Trill Impact
New majority owner will seek to expand the Finnish green building services specialist across Europe
Monterro collects first round bids in Outpost24 auction
Swedish cybersecurity company could fetch around EUR 400m based off 8x-12x ARR
PEAL Capital buys majority stake in Derma Medical
Deal marks the first investment by the female-led GPтs debut fund, which seeks to raise USD 300m
Sun European acquires DD Group in carve out from IDH
Vendor Palamon said deal is phase one of returning IDH to pureplay dentistry, will invest proceeds in M&A