Industrials
Triton floats Befesa in €954m IPO
IPO prices at the bottom of the €28-38 range set by the company on 20 October
Stage Capital exits Mermeren in €73m trade sale
Added to previous value realisations, the exit delivers a 5x return on investment for the GP
Rhone Alpes PME backs Groupe Structa MBO
GP buys French wooden and aluminium joinery manufacturer Groupe Structa
Permira acquires Duff & Phelps for $1.75bn
Selling shareholders include Carlyle, Neuberger Berman, University of California and Pictet & Cie
Ardian's Italmatch buys Sudamfos do Brasil
Deal follows Italmatch's acquisition of Compass Chemical International in North America
LDC sells Mini-Cam to Halma for £85m
Sale of the pipeline inspection systems producer is the vendor's eighth exit in five months
Axcel acquires majority stake in Mountain Top Industries
Transaction is the second investment for the Axcel V fund, and awaits regulatory approval
Alantra buys MD Moldes
MD Moldes founder Manuel Domingues retains a 30% stake and remains CEO
Equistone sells Oase to Argand
Equistone makes the divestment from its €2.4bn third fund, ending a six-year holding period
Galia Gestion, Alliance Entreprendre back Barbarie
GPs replace owner and LT Capital as investors of pallet boxes business Barbarie Groupe
CVC exits Paroc in €900m trade sale
GP sells the business after a three-year holding and expects the deal to complete by early 2018
Xenon's Benfante buys Gruppo Ecolfer
Bolt-on comes three years after the GP's acquisition of a minority stake in Benfante
Partners Group sells 9.33% stake in VAT Group
Further sell-down amounts to CHF 355m and leaves Partners Group with a stake of 3.75%
Argos sells BMF to Rantum, Cedarlake
Bartholet family will retain a minority stake and Roland Bartholet will remain chairman
Quadrivio purchases 60% of TFM Automotive & Industry
GP draws down capital from its €250m Quadrivio Private Equity 3 vehicle
HQ Equita sells Rovema to Haniel
Rovema reports double-digit growth percentages in the two years since HQ acquired it
Céréa Partenaire backs management buyout of Store Novation
Investment is financed via Céréa Capital II, which closed in January 2017 on €225m
VC firms invest €3.6m in Blickfeld
Fluxunit, HTGF, Tengelmann and UnternehmerTUM all take part in the funding round
PAI teams up with BCIMC for fresh Refresco offer
Consortium offers €20 per share, valuing the business at €3.3bn, with financing already in place
Triton buys US-based Rocore, plans merger with Germany-based Kelvion
GP will consider merging the company with its portfolio company Kelvion in the medium term
Charme set to buy Fiocchi Munizioni
GP receives green light from the Italian government to acquire the asset "in the national interest"
Triton's Befesa sets IPO price range
Environmental services provider announces a €28-38 share price range for its upcoming IPO
BGF invests £2.65m in Monodraught
BGF introduces Ewan Wilson, formerly of HellermannTyton Data, as non-executive chair
ADM sells brick maker Brikston
PE firm invested in the brick maker in July 2014 via its Capital CEECAT Recovery Fund