Deals
Abénex backs LP Promotion MBO
GP is acquiring its stake from company founder Lucien Ponsot, allowing him to retire
Verdane acquires literacy software developer Lingit
Norwegian company had revenues of NOK 30.6m and EBITDA of NOK 9.7m in 2016
Better Capital-backed Jaeger enters administration
Development comes a week after the GP reportedly sold the retailer's debt to Edinburgh Woollen Mill
Aurica Capital buys 40% stake in Delta Tecnic
GP acquires its stake in the colour additives producer for €20m, according to Mergermarket
Ardenton acquires Corbetts the Galvanizers
Deal for steel galvanising business is the Canadian GP's first investment in the UK
Tikehau Capital sells Ecotel Chomette Favor stake to Naxicap Partners
Naxicap Partners took over from Weinberg Capital Partners as majority shareholder in ECF last year
NVM makes 3.1x on Optilan exit to Blue Water Energy
British oil, gas and energy focused private equity firm is acquiring the Coventry-based telecoms business
Bain and Cinven to take Stada private
Offer of €66 per share values the German pharmaceutical company at €5.3bn EV
IK-backed Exxelia in €160m refinancing
Deal sees the firm refinance its senior-mezzanine debt structure after three years
Epiris sells remaining 17.8% stake in Hollywood Bowl
Final exit from tenpin bowling company generated a 3.9x multiple and a 92% IRR for the GP
Activa, Ardian and SocGen back HR Path OBO
Ardian and SGCP had already contributed a joint €5m expansion round in 2015
3i invests €200m for majority stake in Hans Anders
Optical retailer was bought by Alpha Private Equity and Alpinvest in 2011 for an estimated €230m
Equistone's Chartco bolts on Docmap
Norwegian company is the first add-on for Docmap since it was carved out from ECI's Kelvin Hughes Group
Foresight backs Fresh Relevance with £2.15m
Marketing platform developer Fresh Relevance expands in the online commercial sector
TSG invests £213m in Brewdog
Deal reportedly values the Aberdeenshire-based brewing company at around the ТЃ1bn mark
FCDE supports Christian Bernard takeover with €15m
Previously France's largest jewellery brand, Christian Bernard was placed into receivership last year
Metric Capital Partners acquires Hibu Connect
The UK-based fund manager has recently held a final close for its third vehicle on тЌ850m
BlueGem acquires Sirdar to create DMC Group
Sirdar will be merged with GP's portfolio companies DMC and Wool and the Gang to create the new group
Industrifonden leads €7.5m funding round for Meniga
The funding round also saw participation from Velocity Capital and Frumtak Ventures
Kennet and Eight Roads sell Rivo to Genstar's Sphera
Sale of risk management software provider follows a four-year holding period for the VCs
Aurica Capital backs Flex's SBO from Artá Capital
Spanish PE house Artá has reaped 3.3x returns on its initial investment with a 22% IRR
IK's Actic in SEK 803m IPO
The stock listed at a share price of SEK 50.50 apiece, valuing its outstanding shares at SEK 803m
BGF leads $9m series-B for Triptease
Hotel booking platform will expand its Asian presence with a new Singapore office
Artá Capital buys 60% stake in Satlink
The company’s founder Faustino Velasco retains the remaining 40% stake in the company