Portfolio management
Lonsdale sells Charles Cameron to Penta's Socium Group
Third exit announced by Lonsdale this year, and the second from its 2016 fund
Bayer ESP eyed by Bain, Cinven ahead of post-summer sale launch
Bayer could expect to fetch in excess of EUR 2bn for ESP, two sources say
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
FPE sells Questionmark to trade, nets 3.5x money
FPE acquired the assessment software in 2016 and has sold it to Battery Ventures' Learnosity
Hannover Finanz sells Corporate Planning to ICG's ProAlpha
GP bought a majority stake in the corporate planning software developer in 2017 in a succession solution deal
IK sells Hansen Protection to PE-backed Survitec
IK acquired the protective clothing and equipment producer from Montagu in 2013 via IK Fund VII
Corpfin sells Secna to EQT's Chr Hansen
Sale ends a six-year holding period for Corpfin, which bought a 51% stake in the company via its €255m fund IV
Clessidra's Botter bolts on Mondodelvino
Combined group expects to reach revenues of €350m in 2020 and further expand its market share
Abac sells Isolana to Blackstone's BME
Sale ends a two-year holding period for Abac, which acquired a stake in Isolana via its €320m fund Abac Solutions I
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
Searchlight's Survitec completes refinancing
Ares' £270m package will be used in part to finance the add-on of IK's Hansen Protection
Magnum sells Lexer to L-Gam's Grupo BC
Sale ends a three-year holding period for Magnum, which invested in the business via its second fund
Activa sells Active Assurances to Silver Lake's Meilleurtaux
Sale ends a three-year holding period for Activa, which invested in Active Assurances alongside BPI France
Waterland sells Base Logistics to Ardian's Staci
With this add-on, Staci expects to build a logistics group with annual turnover of €450m and 2,500 staff
FPE sells Masstech to Genstar’s Telestream
This is the second exit made by FPE Fund II, following the sale of intelligence provider IWSR to Bowmark
Bid Equity's Myneva bolts on Patronis, TTS
Social care and healthcare software platform is following a buy-and-build strategy
Miura sells Equipe Cerámicas to Mandarin's Italcer
Miura reinvests in the deal alongside Mandarin and retains a minority stake in the combined group
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
DBAG's Ding Gruppe bolts on Bergert Gruppe
Telecommunications service Ding Gruppe now has 1,000 employees and posts €200m in revenues
VCs exit Cluno to VC-backed Cazoo
Germany-based Cluno was backed by Acton Capital, Atlantic Labs and Valar Ventures
Novum Capital to sell CC Group to trade
Buyer is Waterland portfolio company Blue Phoenix; the sale ends Novum's three year holding period
Quadrum Capital's Bark Packaging buys CarePack
Quadrum invested in Bark in March 2020 and the deal is part of the company's buy-and-build strategy
PE-backed Asmodee bolts-on Board Game Arena
Since being acquired by PAI Partners, company has completed seven add-on acquisitions
