Deals
Ardian buys LP interest in Bregal Freshstream
Freshstream I is a fund established in 2015 with €600m in commitments, and targets mid-market companies
Silverfleet acquires EC4U Expert Consulting, Bulpros
Silverfleet is merging the two IT consultancies and will own a majority stake in the new entity
TA Associates, Partners Group buy Unit4 in $2bn deal
Sale ends a seven-year holding period for Advent International, which took Unit4 private in a €1.2bn deal
SEP sells Dotmatics to Insight Partners' Insightful Science
Scottish Equity Partners invested in the scientific informatics software in 2017
Triton reaps 2.4x return on sale of Logstor
Deal comes more than seven years after Triton invested in Logstor via Triton Fund III
Bridgepoint sells US-based Calypso to Thoma Bravo
Deal values the financial services software firm at $3.75bn, according to several media reports
Callista Private Equity acquires Pleiger Thermoplast
Carve-out will see the thermoplastics parts and products producer rebranded as Globus Thermopast
Inflexion sells Kynetec to Paine Schwartz Partners
Fourth exit in four months sees the GP net returns of more than 3x money and a 25% IRR
Litorina-backed Embellence Group to list
Listing comes more than a decade after Litorina acquired a 66% stake in wallpaper manufacturer ECO-Boråstapeter
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Cairngorm Capital buys majority stake in Bromborough
GP plans to support geographical expansion and add-ons for the paint and wall coverings distributor
EQT sells Desotec to Blackstone
Deal reportedly values the company at an EV of around €800m, corresponding to a multiple of 27x EBITDA
ICG buys stake in Alvinesa from Artá
With the GP's support, the business plans to further boost its growth and international expansion
Ferd acquires IT firm Norkart
Mergermarket reported in December 2020 that Norkart was being marketed based on EBITDA of around NOK 83m (€7.8m)
Eurazeo buys Groupe Premium in €290m deal
GP invests in the company alongside current shareholders Montefiore Investment and the management team
Palamon, Corsair in £165m dividend recap for Currencies Direct
GPs reportedly mandated William Blair in December 2020 to explore strategic options
Aurelius buys Panasonic Europe's consumer battery business
Company will operate under a new name but with a production and distribution licence from Panasonic
Gimv acquires Verkley from PHM Investments
Gimv has acquired Netherlands-based underground energy and water cable and pipeline specialist Verkley from PMH Investments.
Main Capital acquires Foconis
GP plans to support add-ons for the financial services software platform as part of its growth
Queen's Park Equity backs MBO of Encore Group
Founding partners Stephen Chard and Neil Robinson will also retain a stake in the business
Albion exits Berkley Care for 2.5x return
Sale ends a seven-year holding period for Albion, which initially invested £16m in the business
Emeram, Gimv acquire Sofatutor; VC backers exit
Previous investors in the online learning platform include Acton Capital, Frog Capital and IBB
Ethos invests in People Value
In addition to the equity deployed by Ethos, Harwood Private Capital provides senior debt to support the deal
Brygge Partners invests in Tier 1 Asset
Founder and CEO Peter Hemicke will reportedly own 57.5% while board chaiman Lars Aean purchased 5%
