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UK - ICG close to securing 25% stake in CPA
Ripe from its largest ever capital gain on the ТЃ975m Apax-Marken deal at the end of December, ICG is reportedly close to acquiring a 25% stake in CPA Global, the Jersey-based patent and legal services firm, in a ТЃ400m deal.
UK - Phoenix sells Acorn Care & Education to Ontario Teachers
UK-based buyout firm Phoenix Equity Partners has agreed to sell its portfolio company Acorn Care & Education, a provider of foster care services and schools for children with learning disabilities, to one of its biggest LPs, Ontario Teachers Pension Plan....
FRANCE - Alven invests EUR 500,000 in QuelleEnergie
Alven Capital has invested EUR 500,000 in online energy consultancy QuelleEnergie, alongside business angels who have supported the company since its formation in 2008.
SWEDEN - FSN acquires Baggium
Norwegian buyout firm FSN Capital has acquired the Baggium Group, a Swedish provider of education and care services.
GERMANY - JCMB and IBB back online learning portal sofatutor
JCMB Beteiligungs and IBB Beteiligungsgesellschaft have invested an undisclosed sum in online learning portal sofatutor.
FINLAND - CapMan takes 12% stake in listed Affecto
CapMan, through the CapMan Public Market Fund, has increased its stake in OMX Helsinki-listed IT services company Affecto plc.
UK - LDC backs MBO of JHP with £30m
LDC has backed the management buyout of vocational education provider JHP Group, in a deal that will see the private equity firm invest ТЃ30m for a majority stake in the business.
SWEDEN/GERMANY - Ratos-backed EuroMaint pays EUR 18m for RSM
Ratos' portfolio company EuroMaint, a provider of maintenance services to the rail transport and engineering industries, has acquired the German train maintenance company Rail Service Management Group (RSM) for EUR 18m from Hermann Wiese. Ratos will be...
SWEDEN - Ratos-backed EuroMaint acquires EISAB for SEK 24.5m
EuroMaint Industry, a subsidiary of Ratos-owned EuroMaint, has acquired EISAB Energi och Industriservice AB, a service provider to industries within waste management and renewable energy, valuing the business at SEK 24.5m. Ratos will be injection a corresponding...
GERMANY - Carlyle acquires 29.34% of Personal & Informatik AG
The Carlyle Group has acquired 30% of listed Personal & Informatik AG (P&I), a supplier of software solutions for human resource management.
Blast from the past
Over the last hundred issues France unquote has covered some significant deals. Remember these?
UK - Sovereign completes £12m LPM refinancing
Sovereign Capital portfolio comapny LPM group, a provider of contract cleaning, security and maintenance services, has undergone a ТЃ12m refinancing backed by Clydesedale Bank.
FRANCE - AXA PE and CDC in partial exit of Saur
AXA Private Equity and Caisse des Dépôts (CDC) have sold a portion of their interest in Hime, the holding company of water services business the Saur Group, to CUBE Infrastructure.
Greasing the wheels
Fund administration providers offer a compelling service but their low penetration of the market suggests they still have much work to do to convince private equity firms of their benefits. By Nathan Williams
UK - NorthStar leads £500k investment in Durham Pipeline Technology
NorthStar Equity Investors (NSEI) has led a ТЃ500,000 investment into pipeline maintenance company Durham Pipeline Technology (DPT), alongside Enterprise Ventures (EV) and senior management.
ITALY – Intesa Sanpaolo backs outsourcing firm
Imi Investimenti, part of the Intesa Sanpaolo Group, has acquired a 14% stake in outsourcing company Data Service through portfolio company Praxis Calcolo, one of Imi’s portfolio companies.
FRANCE - Demeter et al invest EUR 10m in The Le Floch Group
Demeter Partners, Ouest Croissance and CM-CIC have invested EUR 10m in waste management business The Le Floch Group.
UK - Sovereign portfolio company acquires Intercity Group
Sovereign Capital portfolio company LPM Group, a provider of contract cleaning, security and maintenance services, has acquired InterCity Group Ltd, a supplier of office and industrial cleaning and manned guarding services.
UK - Inflexion backs buyout of Pims
Inflexion Private Equity has led the management buyout of waste water support services company Pims Group. It acquired the company from Gresham Private Equity who made a 3.4x return from the exit.
FRANCE - CM-CIC Capital Privé backs buyout of EPS
CM-CIC Capital Privé has acquired industrial cleaning company EPS. CM-CIC funded the deal through its FIP Select Paris Rhône 5 and FIP Select France 6 funds.
UK - Graphite portfolio company AMS buys Capital Consulting
Graphite Capital-backed Alexander Mann Solutions (AMS) is buying Capital Consulting, consolidating AMSт leading position in the European market for recruitment process outsourcing (RPO). AMS is the largest independent provider of RPO solutions to blue-chip...
GERMANY - Waterland sells sds business services for EUR 46m
Waterland Private Equity Investments has sold sds business services GmbH to Affiliated Computer Services (ACS) Inc for EUR 46m, with ACS also assuming liabilities to purchase sds.