Deals
Bencis sells TBAuctions in SBO to Castik
Bencis formed TBAuctions in 2018 when it combined BVA Auctions with Troostwijk Veilingen
Naxicap explores sale of Ondura
French roofing and building waterproofing specialist generates around EUR 60m in EBITDA
EQT looking at Sitecore stake sale
Morgan Stanley and Goldman Sachs are advising the Swedish buyout group on the process
Intertrust draws interest from Apex Group
Rival approaches took place after Intertrust unveiled an exclusivity agreement with CVC on 12 November
TA Associates buys Ambienta's Nactarome
TA beat contender Apax, which came second in the auction for the Ambienta-backed company
CVC exits Etraveli in EUR 1.63bn trade sale
CVC acquired the online flight booking platform from ProSiebenSat.1 in 2017 in a EUR 508m deal
IK, Asian strategics in final sale round for Schwind
Sell side is aiming to deliver on high price expectations for the asset
Advent, Centerbridge to launch Aareal Bank takeover
Advent already owns a stake in Aareon, the property ERP software unit of Aareal Bank
Vistra catches Warburg Pincus's eye in bilateral sale talks
Appetite for corporate and fund administration businesses has picked up in recent months
Intertrust gathers interest from other suitors following CVC offer
Several parties have submitted proposals at offer prices of up to EUR 22 per share
Advent buys Caldic from Goldman Sachs
GP plans to merge the speciality chemicals producer with São Paulo-headquartered Grupo Transmerquim
La Maison Bleue piques sponsor interest as auction kicks off
Ardian is considered to be a keen bidder given its interest in the sale of nursery business Grandir
G Square transfers ISPS to new fund after sale talks with PAI collapse
Sponsor refinanced the business with incumbent lender CVC and another direct lender as part of the transfer
CVC buys Unilever's tea business for EUR 4.5bn
European food and beverage buyouts are now set to reach EUR 13bn in 2021, according to Unquote Data
Invision's Dr Deppe to hit DACH auction pipeline
Invision has mandated Rothschild for the sale of the disinfectants and cleaning-products specialist
Valedo's Norva24 to list in Stockholm
Since inception in 2015, Norva24 has grown from NOK 150m in revenues to NOK 2.1bn
French IPO pipeline heralds solid 2022 after record vintage
Wave of French IPOs seen this year is not abating in 2022, advisers say, as the recent record vintage comes to a close
ArchiMed buys Cardioline
Cardiology telemedicine platform is the first deal from the GP's EUR 650m MED III fund
Tencent leads GBP 60m round for Ultraleap
Company develops haptics hardware technology, allowing touch-free interaction with devices
Altor, Equistone, Polaris among bidders for Troldtekt
Danish manufacturer of acoustic panels is in an advanced process led by Clearwater
Carlyle clinches AutoForm in SBO from Astorg
Permira, Onex, EQT, KKR and Hellman & Friedman, as well as industry players, were also tipped as potential bidders
Mobeus's Equip Outdoor Technologies mandates KPMG for potential sale
Equip Outdoor Technologies is the parent company of specialist outdoor brands Rab and Lowe Alpine
Bregal, Armira go head to head for IK Multimedia
Management, advised by GCA Altium, has selected offers of more than 10x EBITDA
Assos of Switzerland for sale with William Blair advising
Sale process is advanced, with second-round bids expected near the end of this month