Deals
Apax Partners acquires Orange Switzerland for €1.6bn
Apax Partners has wholly acquired telecommunications firm Orange Switzerland from France Telecom Orange for approximately CHF 2bn (€1.6bn).
Maven exits Applied Language Solutions
Maven Capital Partners, manager of the Capital for Enterprise Fund A (CfE Fund), has realised its £1.5m mezzanine investment in Applied Language Solutions (ALS) following its sale to the Capita Group.
Sun European Partners acquires Elix
Sun European Partners has acquired plastics business Elix Polymers for an undisclosed amount.
ACE Management's Mecachrome buys Mecahers
Mecachrome, a portfolio company of ACE Management, has wholly acquired aerospace supplier Mecahers.
HTGF backs Eyesight & Vision
High-Tech Gründerfonds and Bayern Kapital have funded a first round of financing for Eyesight & Vision.
Encore Capital invests in probikekit.com
Encore Capital has invested an undisclosed amount in online retailer of bicycle accessories Bike Kit Ltd, trading as probikekit.com (PBK).
Carlyle acquires The Sniffers
The Carlyle Group has acquired a majority stake in the Belgian emission monitoring company The Sniffers.
Vaaka-backed Ovenia buys Arenna
Vaaka Partners-owned Ovenia has acquired real estate management specialist Arenna for an undisclosed amount.
Lead Equities invests in MCL
Lead Equities has acquired a majority stake in hardware specialist MCL Computer & Zubehör.
Fondo Italiano invests around €5m in Elco
Fondo Italiano d'Investimento has invested around €5m in printed circuit board producer Elco SpA in exchange for a minority stake.
Riverside’s Tensator acquires Newvision
Riverside-backed Tensator Group has acquired Portuguese customer journey management specialist Newvision.
BV Group sells E2E
BV Group has reaped a profit of approximately CHF1.56m from the sale of E2E Technologies to Scheer Group.
Heliad exits Häsler
Heliad Equity Partners has sold its majority stake in heating service provider Häsler to the management and a Swiss investment group.
Litorina Capital acquires SKT
Litorina Capital Advisors has bought a majority share in Swedish pressure sewage systems provider SKT in a secondary buyout.
Nazca acquires majority stake in Grupo IMO
Nazca Capital has acquired a majority interest in Spanish radiotherapy services provider Grupo IMO via the purchase of shares and a capital injection.
HTGF invests in RevenueMax
High-Tech Gründerfonds has backed online marketing firm RevenueMax with an undisclosed amount.
Aksia reaps 35% IRR on Robuschi exit
Aksia Group and minority shareholders, comprised of the management team and founding family, have sold 100% of Robuschi SpA to NYSE-listed Gardner Denver Inc for €152m.
Palatine completes Selection Services buyout
Palatine Private Equity (formerly Zeus Private Equity) has acquired a majority stake in Selection Services, which provides managed IT services to the SME market, in an MBO thought to be worth between £5m-15m.
EQT buys energy businesses from Fortum
EQT has acquired energy businesses Fortum Energiaratkaisut in Finland and Fortum Termest in Estonia.
CVC and Nordic Capital's LEAF in reverse takeover with Cloetta
CVC Capital Partners and Nordic Capital have exited portfolio company LEAF to listed trade player Cloetta in a reverse takeover.
LDC exits American Golf in SBO
LDC has sold its majority shareholding in golfing retailer American Golf to Sun European Partners. The deal value was confirmed to be between £50-60m.
Quilvest backs Tortilla with £3.5m
Quilvest Private Equity has acquired a large minority stake for £3.5m in Mexican food chain Tortilla.
Nordic Capital bids for Orc
Nordic Capital has made a bid for NASDAQ OMX-listed financial technology and service provider Orc Group.
Hermes Fund Managers acquires Hermes GPE
Hermes Fund Managers and Hermes GPE's management have bought an interest in Hermes GPE from a subsidiary of the Henderson group.