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Sector

Enterprise software
Belgian unicorn Odoo raises USD 215m from Summit

Sofinnova Partners sells shares, with the latest valuation being a 149x jump on its 2010 investment

  • Expansion
  • 29 July 2021
Fast food franchise Burger King
Cinven buys Restaurant Brands Iberia in EUR 1bn-plus deal

RB is the master franchisee for the Burger King brand in Iberia

  • Buyouts
  • 29 July 2021
CCTV and other security systems
Bridgepoint explores Anaveo exit, initial bids due imminently

Financial sponsors showing preliminary interest include 3i, PAI and Motion Equity Partners

  • Exits
  • 29 July 2021
Electric cars and fuelling stations
Allego to go public via merger with Apollo-sponsored Spac

Transaction values Allego at a pro forma equity value of USD 3.14bn, including a USD 150m PIPE

  • PIPEs
  • 29 July 2021
Biotechnology
Afinum, SHS sell Evitria to trade

Exit values the Switzerland-based antibody expression specialist at more than EUR 200m

  • Exits
  • 28 July 2021
Pills and supplements
Capiton raises top-up single asset fund for KD Pharma

GP completed its first single-asset deal for KD Pharma in 2019, having acquired the company in 2013

  • DACH
  • 28 July 2021
Office supplies
Equistone sells Bruneau to Towerbrook

Earlier media report put the EV of the French online office supplies retailer at EUR 475m

  • Buyouts
  • 28 July 2021
tiles-flooring-ceramic-web
Mandarin Capital mandates advisers for Italcer sale

Sale will kick off later in the year, targeting both private equity firms and industry players

  • Exits
  • 28 July 2021
Laboratory blood and DNA testing
Bregal acquires Advent-backed Laird Thermal Systems

Advent acquired LTS's parent company Laird in a GBP 1.2bn take-private in 2018

  • Buyouts
  • 27 July 2021
Wonderbly makes personalised books for children
Graphite Capital acquires Wonderbly

Personalised children's books publisher is the seventh deal from Graphite's 2018-vintage ninth fund

  • Buyouts
  • 27 July 2021
Opthalmology clinics
Trilantic invests in Smile Eyes

Trilantic intends to pursue a buy-and-build strategy for the German ophthalmology clinic chain

  • Buyouts
  • 26 July 2021
Kids' fashion
Alpha Private Equity sells Vertbaudet to Equistone

SBO of the children's clothing and accessories retailer is Equistone's sixth platform deal of 2021

  • Exits
  • 26 July 2021
Crop-spraying machines
Bayer ESP eyed by Bain, Cinven ahead of post-summer sale launch

Bayer could expect to fetch in excess of EUR 2bn for ESP, two sources say

  • Buyouts
  • 26 July 2021
Plastic bottle tops
IGI to assess strategic options for Nuovaplast

Manufacturer of PET preforms Nuovaplast attracted unsolicited approaches by European industry players

  • Exits
  • 26 July 2021
Online shopping
Apax advised by UBS on Wehkamp exit

Dutch online warehouse Wehkamp is expected to come to market in H2 2021

  • Exits
  • 26 July 2021
Lipsticks and other cosmetics
Palamon exits Feelunique in GBP 132m sale to Sephora

Palamon acquired the UK-headquartered online beauty products retailer for GBP 26m in 2012

  • Exits
  • 23 July 2021
Global payments providers
EQT explores strategic options for Banking Circle

Options include a private sale and a merger with a blank-cheque company, as well as a listing via IPO

  • Exits
  • 23 July 2021
Automotive engine parts
KKR readies German auto parts maker Tekfor for September sale

KKR attempted to exit Tekfor around two years ago in a sale process that was ultimately inconclusive

  • Exits
  • 23 July 2021
Management consultancy and business strategy planning
Ardian buys stake in Nova Reperta

Investment in the management consultancy is Ardian Growth's first investment in Belgium

  • Expansion
  • 22 July 2021
Pasta and Italian cuisine
De Cecco attracts interest from ProA Capital, denies talks

Private equity firm is keen on acquiring a minority interest in the pasta maker, sources say

  • Expansion
  • 22 July 2021
Cat food and pet products
A&M Capital Europe buys Pet Network for EUR 260m

Pet Network was created by TRG in 2018 through the acquisition and merger of three businesses

  • Buyouts
  • 22 July 2021
Bonuses and incentivisation
FPE invests in employee benefits software Zest

Deal is the 10th platform investment from FPE's GBP 100m, 2016-vintage, second fund

  • Buyouts
  • 21 July 2021
Money raised in euros
GHO holds EUR 2bn final close for third fund

Fund close follows a fully virtual fundraise that saw the GP surpass its EUR 1.25bn target

  • Buyout
  • 21 July 2021
Financial reporting software
Palatine sells Wren Sterling in Lightyear-backed MBO

Wren Sterling was created in 2015 through the Palatine-backed MBO of Towergate Financial

  • Exits
  • 21 July 2021
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