Deals
SBOs remain resilient in Q2
The increase in larger deals witnessed in the second quarter corresponded with a relative resilience in secondary buyout activity across Europe, according to the latest unquote" Private Equity Barometer.
RJD buys Harrington Brooks from Inflexion
RJD Partners has backed the MBO of British debt management firm Harrington Brooks from Inflexion Private Equity.
CapMan exits Ascade to CSG Systems
CapMan has sold software developer Ascade to NASDAQ-listed trade player CSG Systems.
Nordic Capital buys four consumer financing firms
Nordic Capital has acquired Swedish consumer financing, insurance and business support services providers Resurs Bank, Solid FУЖrsУЄkringar, Reda Inkasso and Teleresurs.
Nauta leads €13.5m round for Mysportgroup
Nauta Capital has injected €3.5m into German e-commerce platform Mysportgroup as part of a €13.5m funding round.
Residex sells Best Fencing Group
Residex has sold its stake in Dutch industrials company Best Fencing Group back to management, according to reports.
YFM backs Finance Online with £1m
YFM Equity Partners has injected ТЃ1m of mezzanine financing into UK Finance Online Ltd, a Bolton-based company that handles PPI claims.
DFJ Esprit leads $5m round for Lyst
DFJ Esprit has led a $5m financing round for e-commerce platform Lyst.
HTGF et al. invest in Subitec
High-Tech Gründerfonds, eCAPITAL entrepreneurial Partners, Fraunhofer Venture and KfW Bankengruppe’s ERP-Startfonds have invested €4.5m in a second round for German cleantech company Subitec, according to reports.
Equistone acquires EuroAvionics
Equistone Partners Europe has acquired EuroAvionics Holding, a manufacturer of civil certified systems for the aviation industry, from Varde Investments Ireland.
Ratos-backed Arcus-Gruppen buys spirits brands portfolio
Ratos portfolio company Arcus-Gruppen has acquired Nordic spirit brands Aalborg, BrУИndums, Gammel Dansk and Malteser from Pernod Ricard.
Lead Equities-backed Weidinger acquires IP-Group
Lead Equities portfolio company Weidinger & Partner has acquired a majority stake in Austrian educational services provider IP-Group Beteiligungs GmbH.
Francisco Partners takes Kewill private
Francisco Partners has acquired British logistics software provider Kewill, previously listed on the London Stock Exchange.
Gresham-backed JGG buys Industry Media
James Grant Group, a provider of professional services to the sports, music and entertainment sectors backed by Gresham, has wholly acquired Industry Media, a business consultancy for the television industry.
Norvestor acquires Abax
Norvestor Equity has bought Norwegian electronic trip logs provider Abax in a management buyout.
Turenne Capital funds Cibex bolt-on
Turenne Capital has invested €2.5m in French real estate developer Cibex to partly finance its acquisition of Infinim.
Vespa Capital acquires Abylsen
Vespa Capital has taken a majority stake in French energy and technology consulting firm Abylsen.
Phoenix's Andrew Page buys Camberley Auto Factors
Phoenix Equity Partners portfolio company Andrew Page has acquired automotive parts wholesaler Camberley Auto Factors.
Mid Europa completes €400m recap of Czech T-Mobile
Mid Europa has secured a further CZK 875m (€35m) from Austria-based Volksbank to complete the CZK 10bn (c€400m) recapitalisation of its minority stake in T-Mobile Czech Republic.
Permira sells Valentino to Qatari investors
Permira has sold Valentino Fashion Group to Mayhoola for Investments, a vehicle backed by a Qatari private investor group, in a deal believed to be valued at around €700m.
Notion Capital backs The Currency Cloud with £2m
Notion Capital has invested ТЃ2m in UK-based payments platform The Currency Cloud.
Fondo Italiano invests €10m in EMARC
Fondo Italiano di Investimento has injected €10m into italian industrial group EMARC in exchange for a minority stake.
Argos exits Roc-Eclerc
Argos Soditic has sold French funeral services business Roc-Eclerc to a private investor and the company's management after a seven-year holding period.
KKR acquires WMF shares from Capvis
Kohlberg Kravis Roberts (KKR) has bought a 37% capital stake in German cutlery and coffee machines maker Württembergische Metallwarenfabrik (WMF) from Capvis Equity Partners-managed Crystal Capital for €238m.