Industrials
HgCapital sells Qundis for 3.5x money
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m
Cornerstone and Oaktree buy IT Kontrakt
Cornerstone partners with Oaktree to source, execute and support equity deals in CEE countries
CBPE's Allied Glass refinances with £75m Investec package
Transaction comes three and a half years after the GP reacquired the glass packaging company
Beechbrook backs Plan.com and Infomedia
Investor provided a unitranche loan to finance the buyout of a minority shareholder in Infomedia
Advent to acquire 90% of Integer.pl
Conditions of offer have been met, and received unconditional consent from the antitrust authorities
BC Partners sells SGB-Smit to OEP
Transaction involves a €590m all-senior debt package, €340m term loan B and €250m undrawn facilities
Terra Firma, CPPIB sell Awas to Dubai Aerospace
Earlier media reports suggested the vendors were seeking $7bn for the aircraft leasing company
Fondo Italiano d'Investimento exits Emarc via trade sale
GP sells its holding in the Italian auto parts producer after a five-year ownership period
Lone Star sells 53% of Forterra for £206m
Transaction sees the GP make a final exit from the UK brick manufacturing business
EdRip backs group Bacacier
EdRip invests from venture fund Winch Capital 3, closed on €300m in 2014
AnaCap buys Ellisphere
Ellisphere was hitherto a subsidiary of Natixis, which had managed the group since 2014
Perspective et Participations et al. back Société Besnard bolt-on
Previous funders Unexo and Sodero Unigestion have backed Microsteel since 2006
Bridgepoint's EMT to acquire Exova for £620m
Deal values the company at 12.5x its adjusted EBITDA for the 12 months ending in December 2016
Rutland invests in Omar Group
Deal for holiday lodge and park home manufacturer is the fourth investment from the GP's third fund
Hannover Finanz sells Lück to Spie
Spie looks to expand its mechanical and electrical services capabilities in Germany
NorthEdge completes Fine Industries trade sale, scores 2.5x return
NorthEdge secures a 2.5x return on the chemicals business after a three-year holding period
Capnamic VC and Iris Capital invest €7.5m in Unu
Founders.org, NRW Bank and private investors also backed the funding round
LBO France to take over HMY Group
Sagard became majority shareholder in HMY Group in 2005, acquiring the company for €340m
Idinvest et al. in $75m series-D round for Actility
Expansion will focus on developing industrial internet of things solutions in additional sectors
Ecapital and IBB sell Geo-En to GASAG
Acquisition of Geo-En provides a strategic expansion into energy services for GASAG
Milestone Partners exits Quintus Technologies in $115m trade sale
The acquirer is Tokyo-based industrial group Kobe Steel, which will operate Quintus as a subsidiary
Blackstone Tactical Opportunities backs De Nora
The US-based private equity firm is reported to have acquired a 35% stake in the Italian manufacturer
Capitem Partenaires exits Planett
Capitem Partenaires acquired a majority stake in Planett in 2015 through an MBO
NEA leads $16m series-A for Konux
New funding will be used for the development of new product features and further European expansion