Sector
Livingbridge explores M247 piecemeal sale
Livingbridge reinvested in M247 in partnership with Ares in March 2020
Morrisons suitor Fortress could take its time to respond to CD&R bid
CD&R's 285 pence bid pipped Fortress's earlier offer, leading Morrisons' board to switch its recommendation
Ardian exits Berlin Brands stake to Bain
Ardian acquired a 40% stake in the e-commerce group in 2015; it is now valued at more than USD 1bn
Apax secures minority stake in Hifield Group
Apax invests via its Development Fund, which held a final close on EUR 255m in January 2020
Marlink to be acquired by Providence
Apax bought the satellite communications company back from Airbus in 2015 for EUR 450m
Waterland sells Atos Kliniken to ICG
Waterland formed the orthopaedic clinic chain via a spin-off from portfolio company Media in 2016
Montagu sells Servelec to PE-backed Access Group
GP acquired the health and social care software developer in a GBP 223.9m take-private in 2018
Palatine exits Verdant Leisure for 3.7x money
Palatine acquired the UK-based holiday park operator in a GBP 40m SBO from RJD Partners in 2016
Forbion hires Novo Ventures' Lüneborg
Nanna Lüneborg will be responsible for Forbion's EUR 360m Growth Opportunities Fund I
Capiton buys majority stake in Kutterer Mauer
GP aims to support the tube and jar cap and closure manufacturer with organic growth and add-ons
Guidepost leads USD 150m round for Atheneum Partners
Existing investors including Crosslantic Capital have also backed the research platform
Eurazeo to sell Seqens stake to SK Capital et al.
Exit will see Eurazeo make returns of 1.8x-2x and follows a five-year investment period
Cardinal Capital to acquire MML-backed Ashdale Care
A source close to the situation confirmed the deal; it was first reported in the Irish Sunday Times
Livingbridge acquires RealVNC
Equity comes from the GP's GBP 1.25bn Livingbridge 7, which has made four deals in Europe so far
Hg buys majority stake in Waterland-backed Serrala
Waterland acquired the B2B financial automation software in 2016 and will retain a minority stake
AGIC to sell Fotona to Vitruvian
AGIC is to retain a stake in the Slovenia-based medical and dental laser company
Livingbridge invests in Jungle Creations
GP is investing in the social media content agency via its SME-focused Enterprise 3 vehicle
Fidelium to acquire Benteler's Tønder and Louviers plants
Fidelium intends to establish the aluminum auto parts plants as an independent entity
Highland, Brookfield lead USD 100m round for Plentific
Mubadala Investment Company and existing investors including Target Global have backed the round
MML, 57 Stars invest GBP 20m in Natural World Products
MML Growth is backing the waste recycling and compost production firm via its EUR 135m second fund
DBAG acquires Dantherm Group from Procuritas
Procuritas acquired the heating, ventilation and air conditioning company in a carve-out in 2016
Multiples Heatmap: PE continues to pay ever more for assets
Deal multiples record a fifth consecutive quarterly increases to reach 11.8x in the second quarter of 2021
Waterland buys fire safety business Writech
Following the deal, Waterland will have six portfolio companies with a presence in Ireland
VCs in USD 292m round for WorldRemit
Series E from Farallon, Leapfrog, TCV and Accel sees the firm rebrand as Zepz at a USD 5bn valuation