Industrials
Waterland buys Nowocoat
Paint manufacturer had revenues of DKK 200m in 2021 and has seen organic growth of 18% in 2018-2020
3G acquires 75% stake in Hunter Douglas at EUR 6.27bn valuation
Netherlands-based manufacturer of window coverings will be taken private following the transaction
Mandarin's Italcer to collect NBOs in early January
Company will be marketed off EUR 65m EBITDA expected for 2021 and more than EUR 70m for 2022
Perusa eyes Müpro exit
Formal sale process is expected next year with IMs to be distributed in the first half of 2022
Capiton buys Betonbau Group
GP is deploying equity via Capiton VI, which held a final close in November 2021 on EUR 504m
Carlyle buys Altadia from Lone Star
Lone Star Funds bought Esmalglass for EUR 605m in 2017, forming Altadia in 2021 via a merger with FTC
Aurelius in conversations with sponsors for NDS Group exit
Aurelius acquired NDS Group, then called Hellanor, from Nordic Forum Holding in 2018
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Rutland exploring dual-track exit for Omar Group
UK-based builder of park homes and luxury lodges is expected to come to market in Q1 2022
Vita Group attracts early interest from ICG and Lone Star
Information memorandums have been distributed for the UK manufacturer of polyurethane foam
OTPP's Trivium adds to busy packaging auction pipeline
Owners of Trivium Packaging are expected to kick off a sale process early next year
Speedinvest launches EUR 80m Climate & Industry Opportunity fund
Fund is intended to back the VC's existing industrial and climate technology startups
IK to buy Renta Group from Intera
Intera formed the construction machinery and equipment firm in 2015 via a three-company merger
21 Invest admits four to next round of Carton Pack sale
Sponsors still in the mix include White Bridge and Alvarez & Marsal Private Equity
Livingbridge exploring Network Plus Sale options
Rothschild is advising on the process, which is in the early stages, according to several sources
Capiton holds EUR 504m final close for sixth fund
Capiton VI is now 36% deployed across seven deals and expects to make up to 15 platform investments
Naxicap explores sale of Ondura
French roofing and building waterproofing specialist generates around EUR 60m in EBITDA
TA Associates buys Ambienta's Nactarome
TA beat contender Apax, which came second in the auction for the Ambienta-backed company
Advent buys Caldic from Goldman Sachs
GP plans to merge the speciality chemicals producer with São Paulo-headquartered Grupo Transmerquim
Invision's Dr Deppe to hit DACH auction pipeline
Invision has mandated Rothschild for the sale of the disinfectants and cleaning-products specialist
Altor, Equistone, Polaris among bidders for Troldtekt
Danish manufacturer of acoustic panels is in an advanced process led by Clearwater
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Carlyle clinches AutoForm in SBO from Astorg
Permira, Onex, EQT, KKR and Hellman & Friedman, as well as industry players, were also tipped as potential bidders
Waterland sells Cawood for 3.7x money
Trade sale to EBI is the first exit from the GP's GBP 2bn, 2017-vintage fund Waterland VI