Deals
Stock Spirits agrees to CVC acquisition offer
Share price spikes to 383 pence per share following the GBP 767m offer for the distiller
Rockpool nets 12.7x on sale of Outright Games to EMK
Rockpool took a majority stake in Outright in 2016, providing growth capital to the team
General Atlantic leads EUR 100m Series C for Chrono24
Aglaé Ventures, Insight Partners and Sprints Capital also take part
IK exits Visolit in trade sale
IK acquired the IK acquired Norwegian IT services and outsourcing business in 2016
Synova's Mintec buys Kairos
Synova acquired its stake in Mintec from the Peksa family in early 2018
HQ Equita buys Indevis
GP is currently investing via Equita V, which held a final close in April 2019 on EUR 308m
Permira buys brokerage platform Engel & Völkers
Deal continues a hot 2021 streak for the GP, with seven deals on the buy-side so far
Astorg to sell Flowbird to Searchlight
Astorg bought the urban transportation and parking service (then known as Parkeon) for EUR 450m in 2016
LDC backs GBP 65m MBO of Texecom
LDC buys the provider of intruder alarm systems from its listed parent Halma
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
FSN secures majority stake in Adragos Pharma
Deal is the fourth investment from FSN Capital VI, which closed on EUR 1.8bn in June last year
Morrisons adjourns shareholders' meeting, CD&R still looking at offer
Clayton Dubilier & Rice has asked that it be provided with more time to consider its options
Palladio, NB Renaissance considering Rina exit ahead of IPO
An IPO remains the sponsors' preferred exit option, sources say
France's Atos circled by private equity firms
Cinven is among PE firms looking at a potential take-private of the Paris-listed consultancy
Astorg acquires surgery supplies manufacturer Demetra
Keensight merged medical technology businesses Tecres and Aap Biomaterials to form Demetra in 2016
Lonsdale scores fourth exit of 2021 with Cross Rental Services sale
Sale of CRS is the GP's seventh exit since inception, and its fourth this year
Tenzing nets 5.6x on exit of Smoothwall
Second exit for the firm's debut fund, after reaping a 72% IRR on FMP Global
Getir investors to cash in USD 100m with secondary sale
Stake being sold amounts to around 1.3% of Getir's total share capital
Real Madrid confirms opposition to CVC investment in La Liga
CVC is to acquire a minority shareholding in the new venture for EUR 2.7bn
Pamplona to acquire Pelsis from LDC
LDC backed the management buyout of Pelsis from US-based GP Wind Point Partners in 2017
Bain-led consortium enters discussions for Rolls-Royce's ITP unit
Bain-led consortium that includes local player Sener is poised to take over ITP with a EUR 1.6bn bid
Bridges reaps 2.5x return on sale of Wholebake to Elysian
Deal is the second investment for Elysian Capital III, which closed on its GBP 325m hard-cap in 2020
CVC to secure 10% La Liga stake for EUR 2.7bn
Sale still requires approval from the league's executive committee and clubs
PAI buys PepsiCo US juice brands for USD 3.3bn
Deal also includes an irrevocable option to sell certain juice businesses in Europe