Benelux Unquote
Gimv backs €40m investment in Lampiris
Gimv has jointly invested €40m in Belgian green energy supplier Lampiris with the Regional Investment Company of Wallonia (SRIW).
HG International trades hands between Gilde funds
Gilde Equity Management Benelux (GEM) has sold Dutch cleaning products supplier HG International BV to the GP's sister division, Gilde Buyout Partners (GBP).
CVC to sell 32.5% stake in bpost IPO
CVC Capital Partners plans to sell a stake of up to 32.5% in the IPO of bpost at a price of €14.5 per share.
CVC's bpost shares to sell for €12.5-15
Shares in bpost, the Belgian postal service backed by CVC, will sell for €12.5-15 in the business's upcoming IPO, according to reports.
VC-backed Cardio3 announces IPO plans
Belgian biopharmaceutical company Cardio3 Biosciences, which is backed by a consortium of venture capital firms, has announced that it is considering listing new shares in an IPO.
Lion cleared to sell Ad van Geloven stake to Avedon
Lion Capital has received clearance from the European Commission to sell a stake in Dutch frozen snack company Ad van Geloven to Avedon Capital Partners.
HgCapital sells ATC to Intertrust for €303m
HgCapital has sold Dutch fiduciary services firm ATC to corporate services business Intertrust for €303m, reaping a 2.2x money multiple.
Main Capital exits Iaso in trade sale
Main Capital Partners has exited Netherlands-based Iaso Backup Technology to US-based trade player GFI Software in a “double-digit-million-euro transaction”.
Gimv makes 1.3x return on divestments for 2012/13
Gimv has announced a 1.3x return on divestments, relative to original acquisition value, for the year ending in March 2013.
CVC to list bpost shares in IPO
CVC Capital Partners plans on listing a minority portion of its shares in Belgian postal service bpost in the business's upcoming IPO on the NYSE Euronext in Brussels.
NPM buys 25% of FibreMax
NPM Capital has acquired a 25% stake in Dutch lightweight precision cable manufacturer FibreMax.
GMT and Veronis buy IT-Ernity from Nedvest
GMT Communications Partners and Veronis Suhler Stevenson have bought a majority stake in IT-Ernity from Nedvest Capital.
Benelux unquote" May 2013
Benelux punched above its weight in April with two private equity-backed IPOs, following on from other listings in recent weeks.
Bayside and LBO France inject fresh money into Consolis
Bayside Capital and owner LBO France have respectively injected €45m of new debt and an equal amount of fresh equity into the refinancing of Belgian concrete manufacturer Consolis.
Cardio3 raises €19m in new funding round
Belgian biopharmaceutical company Cardio3 Biosciences has completed a funding round that saw previous investors inject €7m in new equity alongside the conversion of €12m in existing convertible loans.
H2 makes 6x on Sator sale
H2 Equity Partners has reaped a 6x multiple on the trade sale of Dutch portfolio company Sator Holding to LKQ for £176m.
Delta Lloyd drops out of private equity
Delta Lloyd has disposed of the private equity management arm of its investment division, Cyrte Investments BV, and will reportedly no longer deal in the private equity sector in the wake of the Solvency II directive.
Newion acquires stake in Reasult
Newion Investments has acquired a minority stake in real estate software provider Reasult via its third fund, Newion II.
Fortis PE and Next Invest sell Arets to Toyo Ink for €10m
Fortis Private Equity and asset manager Next Invest have sold their joint 100% stake in Belgian ink manufacturer Arets International to Japanese ink company Toyo Ink Group for €10m.
Cinven and Warburg Pincus in final exit from Ziggo
Cinven and Warburg Pincus have reaped €3.4bn on their full exit from Ziggo, the Dutch cable operator that the firms took public on NYSE Euronext in Amsterdam last year.
H2 Equity Partners sells Sator to LKQ
H2 Equity Partners has sold Dutch portfolio company Sator Holding to UK-based auto parts distributor Euro Car Parts for £176m.
Main Capital acquires Connexys
Main Capital Partners has acquired a majority stake in Dutch software company Connexys.
PE-backed Intelsat misses IPO target
Luxembourg-based satellite operator Intelsat SA, which is backed by BC Partners and Silver Lake Partners, fell more than $100m short of its target at yesterday’s close on the NYSE.
Apollo's Taminco in disappointing stock exchange debut
Shares in Taminco, the Belgian chemical business backed by Apollo, dropped by around 8% to $14.05 yesterday, shortly after the firm listed on the New York Stock Exchange.