Deals
Epiris sells TechInsights to Oakley in final exit from Axio
Final "major realisation" from data and analytics group represents 5x multiple overall and 76% IRR
Equistone sells EuroAvionics to Hensoldt
Hensoldt is concentrated on security and defence aviation and will expand into the civil market
DBAG sells Formel D to 3i
3i will invest up to €247m initially but aims to reduce that to around €150m through co-investment
Waterland-backed Hanse Orga bolts on Dolphin
Deal sees financial software developer Hanse Orga Group expand into North America
PE-backed Coin sells 12% stake in OVS
As a result of the deal, Coin has reduced its stake in the retail business from 42% to 30%
Mayfair-backed Ovo Energy in Corgi HomePlan bolt-on
Deal is Ovo's second acquisition of the year after the purchase of US firm VCharge
Abénex invests in Europa Organisation
Events business will look to make bolt-ons and launch new conferences following the deal
Ares sells Hillarys to Hunter Douglas in £300m deal
Vendor had previously taken part in a refinancing for the company and reportedly acquired it in 2016
LSP leads €15m series-A for Cardior Pharmaceuticals
New funding will allow the company to develop its lead compound, which targets RNAs linked to heart failure
FSN's Instalco to float with SEK 2.5bn market cap
At completion of the overallotment option, the GP will retain a 19.6% stake in the business
HTGF et al. invest in Numaferm
European Investment Fund and angel investors also participated in the seed funding round
Quadriga sells M&R Automation to PIA
Acquisition will strengthen PIA's portfolio in the powertrain and e-mobility production segment
Target and HTGF in $2.6m Simplaex series-A
Deal is the first of the year for Target and the 15th for High-Tech Gründerfonds
PAI enters exclusivity with Ergon for EliTech SBO
Ergon bought the medical equipment maker in 2010 in a deal valued at more than €100m
Eurazeo backs Dominion with $680m in GP's first US deal
Transaction is the first North American investment by Eurazeo since launching its New York office
Exponent's Photobox to bid for Cimpress's Albelli
Vendor is understood to have appointed Oakley to find a buyer, with three Dutch PE firms in the fray
Alto Partners acquires bread producer Ro Mar
Deal is the eighth and last acquisition for the GP's 2011-vintage vehicle, Alto Capital III
Inventure sells Beddit to Apple
Nordic early-stage VC firm sells its stake in the Finnish sleep monitoring sensor manufacturer
Ardian invests in Abvent
Ardian invested through its Expansion Fund IV, which closed last year on €1bn
BayBG takes minority stake in ISOG restructuring
Restructuring plan approved at the start of May means the company will keep its HQ and secure 85 jobs
Tikehau invests £80m in IT and web hosting firm Claranet
Company recently expanded into Italy, on top of acquiring Brazilian and Dutch competitors
Apax France et al. sell down remaining stakes in GFI
Qatar-based Mannai Corporation will increase its holding in the French IT business from 51% to 95%
HTGF in €1.5m seed round for Replex
Fresh capital will be used to expand into the US market, with a new office recently opened in San Francisco
Ardian takes 60% stake in Global Product Solutions
Ardian invests through its mid-cap buyout arm, for which it recently closed Ardian LBO Fund V on €4.5bn