Deals
BGL shelves IPO, sells 30% stake to CPPIB
Current owners BHL to retain a majority holding in the company after the transaction
Montagu to take Servelec private for £223.9m
GP makes all-equity cash offer of ТЃ3.13 per share, a 19.8% premium on the closing share price
Summa-owned Sortera buys DT Recycling
Firm says the deal will enable its services to reach 75% of Sweden's population
Providence-backed Galileo completes €225m carve-out from Laureate
European division of Laureate reported a $54.8m EBITDA from revenues of $148.6m for 2016
Quilvest acquires Groupe EDH in SBO
Platina Partners, which backed the business in 2014, fully realises its investment
Pontifax et al. in €14.5m round for Step Pharma
Consortium of French investors back the biotechnology company in a series-A round
FSN Capital's Bygghemma Group acquires WeGot
Bygghemma was acquired by Nordic private equity firm FSN Capital in October 2016
Albion et al. in $12m round for Oviva
Diet-related healthcare platform will look to expand across Europe and invest in product development
Lenders take control of CVC- and Eurazeo-backed Fraikin
Debt arranged as part of the 2007 LBO will be significantly reduced from €730m to €265m
Aurelius makes 11.6x on €76.5m sale of Studienkreis to IK
Aurelius generates a return of approximately 11.6x on its investment in the company
Initiative & Finance backs Azman in OBO
GP buys a minority stake in the security solutions business via Initiative & Finance FPCI II
Gimv buys Agrobiothers
Jenoudet family will reinvest in the new company in return for a significant minority stake
GCP invests in DMW Group
Deal for the IT consultancy is the fifth investment from the GP's ТЃ205m fourth fund
Ardian-backed Brico Privé acquires Noova
Ardian-backed Brico Privé buys e-commerce marketplace Noova, which offers products from startups
EQT buys 40% stake in Epidemic Sound
Founders will retain 40%, while previous series-A lead investor Creandum will own 20%
Permira-backed Arcaplanet buys Fortesan
Combined group will operate 280 stores across Italy and employ more than 1,000 people
BGF acquires minority stake in Cornwall Insight
BGF is having a quieter year with 23 deals completed so far in 2017
AIB backs TransferMate with €30m investment
Firms have agreed a strategic partnership to help AIB business customers
Inflexion backs MBO of PCMS Group
Acquisition of the POS software business comes a week after the GP acquired Atcore
Fondo II Tech Growth in €9m funding round for BeMyEye
Fondo Italiano d'Investimento's tech growth fund contributes €6.3m to the round
Livingbridge acquires LDC-backed Giacom
Vendor has reinvested for a minority stake in the cloud-based IT marketplace
Silverfleet sells CCC to Ardian
Management team, headed by Christian Legat, take a significant stake and remain in their roles
Mayfair-backed Yo! Sushi acquires Bento for CAD 100m
Acquisition of the Canadian sushi brand will expand the group's North American presence
Novo Nordisk-backed Orphazyme lists in DKK 1.6bn IPO
Introductory share price was set at DKK 80 apiece, for a market cap of DKK 1.6bn