Deals
TowerBrook hires advisers to explore Infopro exit
Formal launch has not been set yet, but an auction could kick off by Q4 or early next year
Sagard to launch Climater sale in Q4
Sell-side is adamant about holding an auction and unlikely to accept pre-emptive bids
CVC acquires Inflexion-backed Medivet in GBP 1bn deal
Inflexion took a minority stake in the veterinary care provider in December 2016
Nordic Capital and Avista to sell Acino to ADQ
Nordic Capital transferred the company to continuation vehicle Nordic Capital CV1 in 2018
Permira's Exclusive Networks readies EUR 370m Paris IPO
Pricing of the offering is expected to take place on 22 September 2021
KKR drops out of Zooplus race
Hellman & Friedman increased its take-private offer to EUR 3.29bn earlier this week
General Atlantic leads USD 150m Matillion round at USD 1.5bn valuation
Series E brings the total amount raised by the business to USD 310m
Langholm winds up remaining assets in Verdane sale
Sale of WoolOvers, Purity Soft Drinks and Lumene sees Langholm wind up its remaining assets
Sovereign acquires Aquitaine Group, makes two bolt-ons
Add-ons are part of the private trust and corporate services provider's consolidation strategy
Oakley invests USD 35m in Seedtag
Deal sees Oakley acquire a minority stake in the business
Accel leads USD 140m round for CommerceTools
Series C follows the company's USD 145m funding round in 2019, which was led by Insight Venture Partners
Carlyle revives USD 1.2bn Hunkemoller sale – report
Initial plans to sell the asset were delayed by the pandemic, Reuters reports
Nordic Capital invests in Qred
Small business lending platform is the third investment from the GP's Evolution Fund
H&F increases Zooplus take-private offer
Increase from EUR 3bn to EUR 3.29bn follows competing takeover interest from EQT and KKR
HIG to collect first-round bids for Conet next week
Mid-cap private equity firms are taking an interest in the asset, sources say
Providence to acquire Apax's Marlink for USD 1.4bn
Both firms announced in August that they had entered exclusive negotiations
Aeternum et al. invest in Hg's Visma at EUR 16bn EV
Deal sees Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind and GIC invest
KKR, Bain among suitors for Unilever's tea business
Cinven, Blackstone, Apollo, CD&R and CVC are among the other sponsors considering bids
KKR fully exits SoftwareOne
KKR took 25% in the company in 2015; it listed in 2019 and now has a CHF 4bn (EUR 3.6bn) market cap
Astorg, Goldman Sachs to sell HRA Pharma for EUR 1.8bn
Astorg and Goldman Sachs acquired the French asset for EUR 300m-500m in 2016
Carlyle backs European strategies with ESG facility
Credit facility is linked to targets such as board diversity and greenhouse gas emissions monitoring
Risk Capital Partners leads GAK management buyout
Brighton-based musical instruments retailer GAK was founded in 1992 by vendor Gary Marshall
Apax, Warburg team up for EUR 5.1bn T-Mobile Netherlands deal
Deal values the Dutch telecoms operator at 8.7x its last-12-month adjusted EBITDA
PAI buys European Camping Group from Carlyle et al.
SBO reportedly values the camping holiday site operator in the EUR 700m-730m range