Deals
Sponsors drive record take-private activity as deployment pressure mounts
Discounted small- and mid-cap take privates expected to feed 2 pipelines amid M&A and IPO slowdown
Advent acquires majority stake in Parfums de Marly and INITIO Parfums Privés
GP will support the global growth of both fragrance brands, which will be managed separately under the same group
Civica owner Partners Group begins sponsor discussions for post-summer exit
GP previously attemped to sell the UK-based software firm in 2021, with the process stalling over valuation disagreements
Summa Equity sells Infobric in SBO to Stirling Square
Norway-based sponsor will be reinvesting in Swedish construction technology and services provider as a minority shareholder
Five Arrows launches CBA Informatique stake sale
GP invested EUR 50m in exchange for a 40% stake in the French healthcare software publisher in 2018
EQT Mid Market exits Ellab to Novo
Sale of Danish validation solutions group follows exit of BBS Automation as GP divests mid-market fund
Bowmark mulls sale of Focus Group via Houlihan Lokey
Sponsor acquired the UK-based IT solutions group in March 2020 via Bowmark Capital Partners VI
Naxicap to exit ECF in SBO to PAI
Hospitality and care equipment producer marks fifth deal from PAI’s eighth flagship fund
IK-backed Klingel advances to round two with Altor among sponsors circling
Novo Holdings and AEA Investors also tipped to be in the final stretch for the German medical equipment company
Polaris sponsor CapVest weighs sale of children’s services giant via PwC
Regulatory scrutiny on children’s services and fostering sector has stepped up since a 2021 CMA report
Mayfair sells stake in YO! Sushi parent company in USD 621m trade sale
Japanese buyer Zensho Holdings will buy four food brands across North America and UK
Archimed preps Citieffe for sale, Potomac advising
Specialised healthcare investor bought the orthopedic trauma devices manufacturer in 2014
Fondo Agroalimentare Italiano invests in Urbis Food
Deal marks the fund’s full deployment with more than EUR 50m invested across nine transactions
Eterus Capital lines up dealflow with EUR 10m left to deploy from EUR 40m fund
Slovak PE firm is “seriously looking at“ more than 10 potential investments
LDC generates 3.9x MM on MSQ sale to One Equity Partners
LDC to become minority investor following a doubling in revenues and tripling in EBITDA over four years
Main Capital exits Cleversoft to LLCP
Nordic Capital and OTPP's Mitratech were also in the running to buy the regtech platform, Mergermarket reported
Capvis-backed Gotha Cosmetics to grant PAI Partners exclusivity ‘in coming days’
Capvis took a majority stake in the Netherlands-based colour cosmetics firm in 2016
Infobric sponsor Summa sees PEs including Nordic Capital, Blackstone prepare binding bids
GP bought Swedish construction tech provider in 2019 via its SEK 6.5bn, 2019-vintage Fund II
Bridgepoint picks Harris Williams for PEI Group exit
Financial intelligence provider could come to market as early as Q4 2023
GP Profile: Limerston Capital anticipates higher volume but more complex M&A as market steadies
UK-based GP is seeing dealflow driven by carve-outs and buy-and-build in a market where organic multiple arbitrage is no longer a given
Mobilab signs deal with Armira in crowded small-cap auction
Founder-owned data applications and infrastructure provider drew sponsor and strategic interest
Eurazeo-backed DORC catches the eye of dealmakers with H2 process anticipated
Eurazeo acquired the Dutch ophthalmic surgical equipment producer for EUR 430m in 2019
EQT mandates Bank of America for Schuelke sale
GP bought the Germany-based infection prevention firm from France’s Air Liquide in 2020 via EQT VIII
Carlyle acquires Meopta
GP plans to support Czech-American optical products manufacturer’s international expansion