Consumer
Bowmark exits Oxford International in split deal
Schools division goes to Nord Anglia Education, while the rest of the business undergoes an MBO backed by THI
Triton Smaller Mid-Cap Fund II closes on €815m
Fund will follow the same sector and value-creation strategy as TSM I, albeit with larger equity tickets
Capiton buys majority stake in Wundex
Wound care product supplier was a portfolio company of BE Beteiligungen prior to the sale to Capiton
Ceder Capital acquires Kaffekapslen
After the transaction, Kaffekapslen's management team will own around 45% of the company
Core Equity scores Provalliance deal
Deal reportedly values the French hairdressing services chain at around €500-600m
Bridges acquires ethical homeware brand Nkuku
Bridges invests in the business via its Sustainable Growth Funds, alongside the founders
Magnum buys law school Isde
Deal is made via Digital Talent, established by Magnum to build an aggregation platform in the education sector
Procuritas buys Polarn O Pyret
Investment company Jotunfjell Partners and the management team will own a minority stake in Polarn O. Pyret.
CVC injects £365m into Six Nations rugby tournament
Long-awaited deal finally crosses the try line, with initial approaches starting two years ago
Consilium buys Music Center
Consilium intends to consolidate the company's market position and boost its expansion via strategic acquisitions
Ardian takes minority stake in Kapten & Son
Ardian Growth strikes first deal in Germany with investment in fashion and accessories retailer
CapMan to acquire Pharmia
Deal is the second investment from CapMan Buyout XI fund, which held a first close in June 2019 on тЌ160m and has a target of тЌ250m
Equistone sells Oikos to Goldman Sachs
Equistone acquired the prefabricated housing company in an SBO from Adcuram in 2018
Apax sells Sandaya to InfraVia
Sale ends a five-year holding period for Apax, which acquired a majority stake in Sandaya from Pragma Capital
CapMan Special Situations acquires HopLop
HopLop is the first investment from the GP's newly launched special situations strategy
Korelya leads €157m round for Wallapop at €690m valuation
Previous backers Accel, Insight Partners, 14W, GP Bullhound and Northzone take part in the funding round
Sharp focus on top assets boosts average multiple in consumer sector
Covid-resilient assets are the only ones coming to market, with suitably hefty price tags, says Clearwater's O'Donnell
Riello buys Garmont International
GP invests in the company via Italian Strategy Private Equity Fund, which deploys tickets in the €5-30m range
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its ТЃ200m August Equity Partners III fund
Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
Tikehau to become majority shareholder in Cruiseline
Following the deal, Montefiore retains a minority stake and a seat on the company's board
Tiger Global et al. in €178m round for Vestiaire Collective
Previous backers Eurazeo, BPI France and Vitruvian Partners also take part in the investment
Virgin Wines floats in £110m IPO, Connection reaps 7.6x
Mobeus remains invested in the business, while Connection makes a full exit
Inflexion secures majority stake in Pangaea Laboratories
Beauty product developer owns the Medik8 brand, which generated revenues of ТЃ18.9m in 2020