Deals
LGT's Batisanté draws interest from multiple sponsors in hotly contested sale
GPs including Chequers, Equistone, IK, Latour and Naxicap are circling the LGT-backed firm
ICG, Ares and GBL among sponsors in Sanoptis second round
Current backer Telemos wants to remain invested as a minority shareholder in the ophthalmology group
EMZ exits Ankerkraut to Nestlé for 2x money
Deal marks the first full exit for EMZ Fund 9 and ends a holding period of less than two years
Capital Croissance gears up for Smart AdServer exit
GP bought a majority stake in the France-based digital advertising platform from Cathay in 2021
Parcom prepares insurance provider TAF for exit
Parcom acquired a majority stake in the Netherlands-based business in December 2018
Briar Chemicals owner Aurelius launches sale process
Aurelius had previously gauged interest for the chemicals producer in 2019, Mergermarket reported
Advent buys IRCA in SBO from Carlyle
Bakery ingredients firm has a reported EV of EUR 1bn and is expected to post 2022 EBITDA of EUR 75m
Silverfleet exits Prefere Resins in SBO to One Rock
Concerns about Russian exposure and raw materials costs surfaced in the sale process, Mergermarket reported
EMZ acquires FotoFinder Systems
EMZ is acquiring a majority stake in the medical imaging company via EMZ 9, which is 80% deployed
SEB Private Equity sells Norcospectra to Accent
Commercial interiors business is expected to expand via add-ons and develop its digital offering
Ganni sponsor L Catterton appoints Lazard to explore sale
Denmark-headquartered online fashion retailer could come to market in H2 2022, Mergermarket reported
Bridgepoint in exclusivity to acquire G Square's Dentego
Mergermarket reported that sponsors including Ardian, BC, Eurazeo and IK showed interest in the asset
Novo-backed ReViral acquired by Pfizer
The British biotech company is also backed by CR-CP, New Leaf, Andera Partners, and OrbiMed, among others
Phoenix exits Forest Holidays for 3x money
Buyer is Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge
Altor in early dual-track preparations to exit Transcom
Rothschild is mandated as sale adviser for the Swedish BPO group, while JP Morgan will advise on IPO track
Scout24 eyed by buyout groups including H&F, EQT, Permira
The downward trend in its share price has put the German real estate marketplace back on the radar of cash-rich sponsors
H2 Equity exits premium logistics group Cadogan Tate to TSG
US sponsor plans to use acquisitions to expand the London-headquartered company abroad; management will retain minority stake
Gimv forms digital marketing agency Olyn
Company is built through four assets; will pursue further acquisitions locally and abroad
Inflexion sells Marley for 3.5x, 58% IRR
Sale to listed construction firm Marshalls values the roofing tile specialist at GBP 535m
Accent exits Motum to Mitsubishi Electric
Sale of Swedish elevator services group marks the 12th exit from the Accent Equity 2012 fund
Dental Directory sees Exponent, Equistone bare teeth in sale second round
DC Advisory is expected to review final bids for the carve-out from Palamon-backed IDH Group in about a month
Nordic forms Bilthouse through mortgage broker acquisitions
The GP will merge Baufi24, Hüttig & Rompf and Creditweb to form new company; deal made through Nordic Capital X
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
Specialist healthcare funds on track for another record year
GPs raised EUR 4.4bn with swelling need for healthcare investment but could face challenges in keeping a disciplined deployment