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Sector

Telecoms towers and fixed-line communications
Advent exits Circet to ICG

Sale ends a three-year holding period for Advent, which bought the company from CM-CIC Investissement

  • Buyouts
  • 24 May 2021
Formal fashion deisgn
Altor buys minority stake in Swedish fashion label Totême

Acquisition reportedly values the fashion company at €148-198m

  • Expansion
  • 24 May 2021
ID card printing devices
LDC sells Magicard to trade for £42m

Sale comes five years after LDC backed a £22m management buyout of the compan

  • Exits
  • 24 May 2021
Teachers and education
Omers buys into Partners Group's International Schools Partnership

Deal gives the international group of K-12 schools an enterprise value of €1.9bn

  • Expansion
  • 24 May 2021
Calibration devices
Itago exits Altanova to Esco

With this exit, NEIP III reaps a return of 4.5x on its initial investment

  • Exits
  • 21 May 2021
Shower heads and bathroom fixings
HIG buys Travis Perkins' P&H in £325m deal

GP plans to use its experience in specialised distributors to support the plumbing and heating firm

  • Buyouts
  • 21 May 2021
Sofas and living room furniture
Procuritas sells Sofa Company to trade

Deal implies a return of 6x for the GP, a source familiar with the deal told Unquote

  • Exits
  • 21 May 2021
Stock market trackers and financial investment apps
Sequoia leads €700m series-C round for Trade Republic

Funding brings the total amount Trade Republic has raised to €772m

  • Expansion
  • 21 May 2021
Concrete repair services
Cinven sells Chryso to Saint-Gobain for €1bn

Sale ends a four-year holding period for Cinven, which acquired the company from LBO France via Cinven VI

  • Exits
  • 21 May 2021
Oatly makes oat milk
PE-backed Oatly lists in $10bn IPO

Company's share price surges by more than 30% to $22.74 during initial trading

  • Exits
  • 21 May 2021
Water coolers
Castik transfers Waterlogic to €700m single-asset fund

Vehicle acquires a majority stake in Waterlogic from Castik's €1bn first fund Epic I

  • Secondaries
  • 21 May 2021
New fund registered with Companies House
Finatem launches Finatem V

Finatem V has a €150m target and will continue the GP's DACH small- and mid-cap focus

  • Buyout
  • 21 May 2021
Precision gears
Finatem's HGears lists with €270m market cap

GP will retain a 30% stake in the gears and components producer, reaping 6x money and 25% IRR

  • Exits
  • 21 May 2021
T cell cancer therapies
Novo, HBM lead CHF 100m round for Numab

New investors in the round include Forbion, which is participating via its Growth Opportunities fund

  • Expansion
  • 20 May 2021
Call centres and outsourcing firms
Macquarie buys Wavenet from Beech Tree

Macquarie intends to boost the company's growth and provide a renewed focus on strategic acquisitions

  • Buyouts
  • 20 May 2021
Cosmetics displays and retail
Alcedo exits Swisscare to Nahrin

Sale ends a five-year holding period for Alcedo, which acquired a 55% stake in Swisscare from its founders

  • Exits
  • 20 May 2021
Enterprise software
CapMan Growth, Mandatum Private Equity invest in Sofigate

Institutional investors own a little less than one-fifth of Sofigate, while employees and company founder own the rest.

  • Expansion
  • 20 May 2021
Driving lessons and instructors
Palatine sells TTC Group to management

TTC had reportedly been affected by the lockdowns caused by the pandemic

  • Exits
  • 20 May 2021
Cloud computing software and services
EQT's Suse lists in €5bn IPO

GP acquired the open source software from listed Micro Focus for $2.535bn in 2018

  • Exits
  • 19 May 2021
New York-based lender Muzinich joins forces with Italian GP Wise to support buyout of Primat
IGI buys OME Group

GP invests in the company via IGI Investimenti Sei, which held a €170m final close in July 2020

  • Buyouts
  • 19 May 2021
Data-driven marketing
Astorg, Bridgepoint buy Fenergo from Insight Partners

Media report values the business at $1.16bn, with the two GPs buying their stake for $600m

  • Buyouts
  • 18 May 2021
Hydraulics systems
Endless's Enact carves out Jost's Edbro

Hydraulic cylinder producer is the third deal of 2021 from the GP's Enact strategy

  • Buyouts
  • 18 May 2021
Building waste management services
BaltCap sells Ecoservice to PE-backed Eco Baltia

BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m

  • Exits
  • 18 May 2021
Smartphones and social media
General Atlantic leads €276m round for €2.6bn-valued Back Market

Round sees participation from Generation Investment Management, Aglaé, Eurazeo, Goldman Sachs and Daphni

  • Expansion
  • 18 May 2021
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