Turnaround/Special Situations
Prudentia backs Metz-Amnéville zoological park
GP is investing via its maiden fund, France Industrie I, which closed on €100m in 2018
DBay acquires Eddie Stobart for £55m
DBay has also negotiated a new revolving credit facility for the transport and logistics company
BlueGem places Mamas & Papas into pre-pack, reacquires it
Sponsor has bought the company out of administration, having already owned the parent group since 2014
Endless's Enact acquires Bawtry Carbon
Enact II makes its third investment with the carbon-based products manufacturer
Causeway Capital buys Patisserie Valerie out of administration
Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
Connexio acquires Rosenberger Restaurant
Rosenberger Restaurant went into a restructuring process in December 2018 and one site has closed
US-based Indigo Partners invests in struggling airline Wow
Wow has faced financial difficulties in recent months and has cut four aircraft from its fleet
Investec and SC Lowy acquire Gaucho's debt
Transaction reportedly forms part of a deal to acquire the restaurant chain out of administration
Alitalia sale process extended, PE still in the running
US-based GP Cerberus is reportedly still bidding for Italy's insolvent flag carrier
Sherpa acquires Hedonai for €19.3m
GP acquires the Spanish healthcare and personal beauty business out of insolvency
Deal in Focus: Idea CCR I in turnaround for Pigna
Investment in struggling pulp and paper company is the third investment by the debt-for-equity investor
Avenue Capital et al. buy Selcom Elettronica
Deal follows the insolvency proceedings filed for the business in March 2017
RCapital invests in Cluttons
Chartered surveyor has suffered from difficult trading conditions and legacy issues
Quantum buys train maintenance firm Bahnwerk Eberswalde
Turnaround strategy includes portfolio synergies and reduced staff numbers
Perceva bids to turn around French mattress maker Cauval
The Torcy-based business has been under restructuring since 2008
Steel pipes maker Vallourec raises €1bn from BPI et al.
Company will use funds to restructure and refinance activity after financial troubles in 2015
Metropolitan buys part of German Pellets
Metropolitan Equity Partners acquires German Pellets' headquarters in Wismar
Endless acquires Brabant Alucast
Takeover comes as business secures a refinancing following failure to meet its debt obligations
Procuritas picks up troubled Dantherm’s HVAC business
Dantherm has been suffering due to a heavily delayed sale of its telecoms business
Sun European’s V&D goes under
Case is the latest to highlight ongoing controversy around Dutch portfolio companies
Investindustrial in Sergio Rossi carve-out
Takeover follows €10.7m loss for shoemaker in last financial year
Ambienta makes 20% IRR on Envirogen sale to Promethean et al.
Sale comes four years after GP deployed €16.1m into Envirogen
Perceva to buy Fruit of the Loom lingerie division
French turnaround specialist aiming to revitalise brands portfolio