Consumer
Rutland exits Armitage in £140m deal
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment
BGF sells stake in Chase Distillery
BGF bought a minority stake in the gin and vodka producer in 2017
Nordian Capital completes J-Club acquisition
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties
Equistone's Group of Butchers sold to Parcom
Sale ends a holding period of almost four years, during which the company made seven bolt-ons
Mandarin backs hair care specialist Nuova Fapam
GP intends to boost the company's expansion internationally, primarily in Asia, the Middle East and the US
Aurelius acquires GKN Wheels & Structures
Aurelius plans to explore off-highway wheels sector consolidation options following the carve-out
Orange Capital buys La Sanfermese
GP plans to boost the company's expansion in new geographies and agri-food segments
Siparex Intermezzo invests in Groupe MC3
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
Enterprise Investors buys remaining stake in Pan-Pek
GP has acquired the remaining 35% in the company, having bought a 65% stake in the company in May 2018
FII, Vam create Florence fashion group
Clothing companies Giuntini, Ciemmeci Fashion and Mely's Maglieria will be merged to create a fashion group named Florence
Röko acquires majority stake in Dan-Form Denmark
Swedish GP focuses on SMEs with enterprise values of тЌ15-100m and EBITA of тЌ2-10m
Bridgepoint et al. sell Béaba to BlueGem
Bridgepoint inherited its Béaba shareholding in 2014 following its acquisition of Edmond de Rothschild Capital Partners
Permira-backed Allegro lists with market cap of €9.8bn
Allegro intends to use the proceeds, alongside a new credit facility, to repay its existing debt
Hometree raises £7m in new round led by Anthemis
Company has reportedly raised ТЃ25m in funding since being founded in 2016
Ÿnsect extends series-C round to $372m
This round is an extension to the $125m series-C led by a consortium of VC firms in February 2019
TDR, private investors to acquire Asda for £6.8bn
Asda was previously in talks with Sainsbury's, which would have paid ТЃ7.3bn for the asset
PrecapitalPartners to acquire Dat Backhus
Special situations investor is to acquire the bakery chain after its April 2020 insolvency filing
Investindustrial launches €600m China-Italy Fund
CIICF intends to support the expansion and development of Italian companies across the Chinese market
Further Global acquires majority stake in AA Ireland for €240m
AA Ireland posted тЌ13.7m in net profits in the year to January 2020 on sales of тЌ62.4m
BC-backed VetPartners acquires Hyperthyroid Cat Centre
BC acquired VetPartners from Ares Management, Credit Group and August Equity for around ТЃ700m
Keyhaven sells TCX to Investcorp's Dainese
Company becomes part of the Dainese group, which designs clothing for outdoor sports and is controlled by Investcorp
Bregal buys minority stake in Woom
Investment intends to support the children's bike producer in meeting growing demand for its products
Mirabaud invests in Alain Ducasse Group
GP invested in the gastronomy group via its first fund, which focuses on "living heritage" companies
QuattroR backs paper specialist Burgo
Investment includes a €70m capital increase entirely financed by QuattroR that will be used to reduce Burgo's debt