Deals
Prefere Resins owner Silverfleet readies imminent sale launch
Rhone Capital-backed ASK Chemicals is expected to establish itself as the frontrunner
Riverside sells Repa to Berkshire-backed PT Holdings
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
CBPE Capital invests in Direct Commercial Group
Company's founding CEO remains the majority shareholder in the insurance broker
Verdane's Porterbuddy sold to VC-backed Instabox
Verdane is reinvesting for a minority stake in the combined delivery service platform
Triton acquires Clinigen at increased GBP 1.3bn valuation
Triley Bidco will acquire Clinigen at a price of 925 pence per share; its previous offer of 833 pence was rejected in December 2021
Odin Groep awards exclusivity to Apax Partners
Fortino Capital-backed Odin Groep is being marketed based on annual EBITDA of EUR 30m-33m
Ardian acquires Biofarma from White Bridge
GP bought the company from White Bridge Investments
Goldman Sachs, 83North et al. in USD 335m round for Exotec
France's New Unicorn, Exotec, reaches valuation of USD 2bn following investment round
Pearson courseware unit attracts trade, sponsors in first round
Sun European Partners, Epiris and Platinum Equity had signalled preliminary interest, one source says
PAI revives exit plans for Swedish chemicals group Perstorp
Options being explored by PAI include a sale to an industry player or an IPO, sources say
Miura acquires majority stake in Educaedu
Miura acquires 85% from Growth Hill Partners in Educaedu, while management reinvested for 15%
Mayfair acquires 60% stake in LoopMe
LoopMe had revenues of USD 100m in 2021, after growth of around 50% per annum for the past three years
PE-backed Argus Media explores potential 2022 IPO
Listing could value the information data provider at more than GBP 2bn
TPG raises USD 835m in USD 9bn IPO
TPG sold 28.3 million shares, raising USD 835m at a valuation of USD 9bn
Altimeter, Dragoneer et al. in USD 1bn round for Checkout.com
UK-based payments processor reaches a valuation of USD 40bn following the Series D
Highland, HPE Growth's WeTransfer announces intention to float
WeTransfer's offer contains a private placement of newly issued shares of around EUR 160m
Axcel buys Danx, Livingbridge-backed Carousel
Livingbridge invested in Carousel Logistics in 2013; the company will now merge with Danx
Sequoia, Fidelity in EUR 628m investment round for Bolt
Ride-hailing service reaches a valuation of EUR 7.4bn, up from EUR 4bn at its last funding round in August 2021
Nordic Capital invests in PE-backed RLDatix
Existing investors TA Associates and Five Arrows will retain their majority stake in the business
Bregal invests in Redstor; Beech Tree exits
Bregal Milestone intends to support the data management software with its US expansion
TA, LEA to merge Enscape, Chaos
LEA bought Enscape in 2020
Tiger Global, TCV et al. in EUR 486m Series D for Qonto
Tiger Global and TCV led a Series D round alongside eight new investors
GHO Capital backs biotech RoslinCT
RoslinCT is a spin-out from the University of Edinburgh
Astorg Partners invests in Armor Iimak
Auction process for the packaging-printing specialist kicked off in early November 2021