Deals
CVC sells AR Packaging to trade for $1.45bn
CVC Capital Partners has signed an agreement to sell portfolio company AR Packaging Group to listed company Graphic Packaging Holding Company for $1.45bn.
Neuberger exits Service Med to MedicAir
GP sells its 75% stake in the medical company, controlled via Atlante Private Equity Fund
Raise, IDI buy PE-backed Talis Education
Azulis Capital and Aquiti Gestion invested in the professional training provider in January 2020
Sentica exits Finnish IT company Solteq
Exit comes 11 years after the GP, via Sentica Buyout III, invested in Descom, which was acquired by Solteq in 2015
Abénex backs medical imaging software provider EDL
GP plans to support the company in boosting its organic growth and accelerating its expansion through targeted add-ons
Bain's Parts Holding Europe files for IPO
PE-backed IPOs have been scarce in France in the past five years, according to Unquote Data
Bluefront Equity acquires Norwegian firm Redox
GP is acquiring a 51.8% stake in the company, alongside its management, according to Finansavisen
Eurazeo sells 49% stake in Trader Interactive in $1.6bn deal
With this sale, Eurazeo reaps a 1.5x return on its initial investment, made in 2017 alongside Goldman Sachs
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Chequers Capital to carve out Corning Services
GP plans to assist the telecommunications service with a buy-and-build strategy
Eurazeo invests in I-Tracing in €165m deal, Keensight exits
Following the deal, Sagard NewGen invests as a minority shareholder in a holding company controlled by Eurazeo
Hg-backed MeinAuto postpones IPO
Car sales platform cited "currently adverse conditions for high-growth companies" in a statement
EQT Growth leads €250m series-F round for Vinted
Latest round brings the total amount Vinted has raised to nearly €500m
HIG acquires majority stake in Infratech Bau
GP intends to support the infrastructure project contractor through organic and acquisitive growth
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Keensight sells LinkByNet to Accenture
Deal ends a five-year holding period for Keensight, which invested €50m in LinkByNet in exchange for a minority stake
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
Paragon's Apontis Pharma completes IPO
GP acquired the single-pill producer in a carve-out in 2018 and will retain a 31% stake
UI Investissement, Geneo back clinic operator GBNA
UI and Geneo invest in the company via a capital increase, partnering with the Guichard family
Neo Investment exits restaurant chain Obicà
Sale ends a nine-year holding period for Neo Investments, which acquired a 52% stake in Obicà from the company's founders
EQT sells StormGeo to Alfa Laval in €363m deal
Deal gives the company an enterprise value of NOK 3.6bn (тЌ363m), which is 17.7x its 2020 EBITDA
Bain Capital buys Valeo from CapVest
Bain intends to further boost the company's growth both organically and through acquisitions
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
LDC backs PR firm Headland
LDC has history investing in PR consultancies; the GP backed Blue Rubicon from 2012 to 2015