Deals
Turenne et al. back Groupe Sources MBO
GPs will help the water treatment plants specialist to expand in France and abroad
Horizon's Sabio bolts on Callware
Deal is the fourth bolt-on made by the enterprise software company since Lyceum acquired it in 2016
Ardian exits CLH
APG and WSIB, which already owned a 5% stake each in CLH, will hold 10% each after the transaction
L Catterton partially exits Steiner via $900m Elemis sale
Sale of the skincare brand to L'Occitane is worth marginally less than the original deal for its parent
Isatis backs Parnasse Education MBO
GP acquires a majority stake in France-based Parnasse Education, merging two businesses
GA increases stake in Nucom through €140m portfolio merger
GA exchanges its 42% stake in Aroundhome for shares in Nucom, increasing its stake to 28.4%
Coller backs $1bn secondaries deal for Investcorp
Investcorp will transfer six deals that were completed on a deal-by-deal basis into a new vehicle
Gresham House acquires minority stake in Rockfish
Fish and chips restaurant chain aims to increase the number of Rockfish-branded restaurants to 16
Investindustrial acquires Jacuzzi Brands
Nottingham Spirk co-invests alongside Investindustrial by acquiring a minority stake in the company
Segulah buys Francks Kylindustri
Eighth investment from Segulah V, a SEK 2.4bn buyout fund that closed in April 2016
Cinven invests in RTB House
Investment is 14th from Cinven VI, a €7bn buyout fund that held a final close in June 2016
Beechbrook backs Shuttercraft MBO
UK-based blind and shutter manufacturer has recently opened a new branch in Oxford
Goldman Sachs leads $8m series-A for Immersive Labs
Several smaller unnamed private investors also take part in the latest funding round
Ring Capital et al. invest €30m in B-Network
GP and a group of banks invest in France-based B-Network to support expansion abroad and recruitment
Investindustrial buys Italcanditi
Company's founders, the Goffi family, will retain 30% and partner with the GP in the management
PE-backed Rafaut bolts on AEDS
Ace Management and Étoile ID-backed Rafaut buys France-based AEDS, doubling group turnover
Axcel sells Mita-Teknik back to founding family
GP makes the divestment from Axcel IV, a DKK 3.6bn vehicle that closed in July 2011
Nimbus invests in crane builder KW-Kranwerke
KW-Kranwerke plans to strengthen its market position, and expand its service and retrofit business
Lampe Privatinvest sells von Oertzen to trade
Water jet maker von Oertzen was bought by Hako, a subsidiary of the Possehl industrial group
Norvestor acquires Wellit
Norway-based Wellit is a logistics software company serving the global oil and gas industry
Mimir buys Saint Gobain's Nordic glass business
Fifth investment from Mimir's holding company Mimir Invest, which was raised in 2016
Panoramic backs Online Home Retail MBO from Grafton
Deal for the bathroom retailer, which trades as PlumbWorld, is the seventh from the GP's second fund
GoodWater Capital leads $30m series-B for Badi
Target Global and previous backers Spark Capital and Mangrove Capital also take part in the round
Activa sells stake in Sport 2000 to its cooperative
After discussions, Activa sells retail chain to co-investor Sport 2000 Coopérative