Deals
HSH Nordbank final bids due Friday
Bank must be reprivatised by February as part of a bail out agreement from June 2013
Connection Capital in £13.3m Tempcover MBO
GP invests £7.5m in the transaction for the online temporary insurance provider
PAI buys Albéa from Sun European
Sale comes a year after the collapse of an auction led by strategic bidder RPC
Enterprise sells Netrisk.hu to MCI for €56.5m
Deal ends a seven-year holding period for the GP, which acquired an 80% stake in July 2010
Bowmark sells LBR to Levine Leichtman
Secondary buyout of the legal publishing company brings to an end a five-year holding period
MSPEA leads acquisition of Korres
MSPEA and Profex will respectively own 56% and 14% of holding company Nissos
Nord Kapital sells Rapp to MacGregor for €16m
According to Rapp Marine, the enterprise value of the acquisition was approximately €16m
Credo sells Optimar to Franz Haniel & Cie
Deal ends a five-year stint under Credo ownership, which acquired the business in November 2012
Altor-backed Rossignol buys Dale of Norway
Combined group will offer a portfolio of winter sports apparel and equipment
CapVest's Valeo buys Raisio's confectionery brands for €100m
Acquisition of Big Bear, Nimbus and Candy Plus is the ninth bolt-on made by the group
IK’s OpenSolution bolts on Finnpos
OpenSolution intends to grow geographically in the Nordic region following the deal
Riverside invests in Alter Pharma
GP is currently investing from its fifth fund, which targets businesses with EBITDA of €5-15m
VC firms in £85m series-B for Orchard Therapeutics
Fresh capital will be used for the global launch of the company's lead gene therapy product
Idea sells majority stake in La Piadineria to Permira
Deal is reportedly valued at more than €250m, two and a half years after Idea acquired it for €30m
Equistone acquires French spirits business Dugas
Equistone invests alongside the management team, led by the founder, and Chevrillon Group
ECM buys urology specialist Uroviva
ECM draws equity for the transaction from its €230m buyout fund German Equity Partners IV
Aurelius buys Connect Books
Division comprises six brands and has projected combined revenues of €250m for 2017
KKR sells Afriflora to Sun European
Under the vendor's tenure, the business has acquired new land to expand its greenhouses and farms
3i makes 4.4x on €307m sale of Atesteo to IHO
Sale ends a four-year holding period for the GP, which acquired Atesteo in September 2013
Summa buys Norsk Gjenvinning from Altor
Altor backed the spin-out of the recycling business from Veolia in 2011 via Altor Fund III
Deal in Focus: IK buys Optimum from Mentha
IK Investment Partners makes its first acquisition in the Benelux region since the opening of its new office in Amsterdam in April
Vitruvian backs credit-comparison site Smava
London-based private equity firm Vitruvian Partners has made an undisclosed investment in German online banking platform Smava.
BGF, Blue Water Energy inject £56m into Rovop
Subsea vehicle services company will expand its fleet by 50% following the transaction
AnaCap sells First Names to Astorg's SGG
Transaction sees AnaCap generate a 2.6x money multiple on its investment in the administration business