Industrials
Tikehau inks €60m unitranche for Terratest
Deal is the third transaction in Spain for the French listed asset management firm
Igi, Finint sell Vimec via trade sale
Deal is the first divestment for Igi's vehicle, Igi Investimenti 5, and the third for Finint's NEIP III
Ambienta's Lakesight bolts on Chromasens
Deal is the third bolt-on acquisition for Ambienta's Munich-based buy-and-build platform Lakesight
Sodero Gestion backs MBI of Mobil M
Sodero Gestion invests alongside new company head Mikaël Le Gall and takes a minority stake
DBAG sells Proxes to Capvis
Sale will result in a contribution of €9m to the income of DBAG's most recent financial year
Advent in exclusivity over IPH acquisition from PAI
Following the proposed deal, IPH would merge with UK-based Advent portfolio company Brammer
EdRip sells Itesa to CM-CIC Investissements
EdRip had invested in Itesa via the €112m small-cap buyout and growth capital vehicle Cabestan Capital I
Bain's Bravissima fully exits Bravida
Accelerated bookbuilding process saw Bravissima sell its entire 15.48% remaining stake
Equistone sells EuroAvionics to Hensoldt
Hensoldt is concentrated on security and defence aviation and will expand into the civil market
DBAG sells Formel D to 3i
3i will invest up to €247m initially but aims to reduce that to around €150m through co-investment
Abénex invests in Europa Organisation
Events business will look to make bolt-ons and launch new conferences following the deal
Ares sells Hillarys to Hunter Douglas in £300m deal
Vendor had previously taken part in a refinancing for the company and reportedly acquired it in 2016
FSN's Instalco to float with SEK 2.5bn market cap
At completion of the overallotment option, the GP will retain a 19.6% stake in the business
Quadriga sells M&R Automation to PIA
Acquisition will strengthen PIA's portfolio in the powertrain and e-mobility production segment
BayBG takes minority stake in ISOG restructuring
Restructuring plan approved at the start of May means the company will keep its HQ and secure 85 jobs
Ardian takes 60% stake in Global Product Solutions
Ardian invests through its mid-cap buyout arm, for which it recently closed Ardian LBO Fund V on €4.5bn
G Square Healthcare acquires Duomed
GP recently closed its second investment vehicle, G Square Capital II, on its €350m hard-cap
Terra Firma invests in Equistone's Sportgroup
Terra Firma will provide further support and advice but will not be involved operationally
Chequers Capital acquires Sport & Leisure Group
Two other bidders were reportdely in the running to acquire the synthetic turf maker
Bestport invests in Nu-Heat MBO
Underfloor heating company's founding directors will retire following completion of the deal
Verdane's Uppländska in Bellmans bolt-on
New company is plans to grow with further bolt-ons, as well as organically
LBO France buys VetroElite from Gradiente
Deal saw the Italian mid-cap private equity house divest the asset after a four-year holding period
Wise buys digital printing business Aleph
Deal is the fifth acquisition for the GP's 2015-vintage Wisequity IV
Highlander backs Rotometal
Rotometal will use the new investment to expand its product range and enter new export markets