Belgium
Deal in Focus: Doughty Hanson scores Balta Group exit
Eighth exit by the firm’s fourth vehicle
Waterland backs Intelligent Group
Fresh capital to be used for bolt-on acquisitions
Doughty Hanson scores Balta Group exit
Doughty exits carpet- and rug-maker after more than a decade
PAI-backed AS Adventure bolts on Snow & Rock
Add-on comes three months after €400m acquisition of AS Adventure
3i buys Euro-Diesel for €68m
Deal is the fourth made by the firm in the industrial sector in a year
Vendis reinforces team with two hires
The GP held a €125m first close for its fund II in February
Gimv to sell XL Video to PRG
Deal expected to go forward in June
Gilde and Parcom sell Bekaert to Haniel
Exited business is part of portfolio company Gamma
DN Capital et al. inject €6m into Take Eat Easy
VC invests via Global Venture Capital III fund
Corvm Capital appoints senior adviser
Philippe Jous joins investment team
MBO Partenaires backs Noukie’s
Firm invested via its MBO Capital 3 fund
Argos Soditic to acquire SNCB Logistics in €70m MBO
Deal values Belgian railfreight business at €70m
AAC Capital buys Corilus
GP takes majority stake in MBO
Apax acquires Azelis from 3i
Belgian speciality chemicals business to continue international expansion
MML’s Nactis buys Robertet Savoury
MML injected €10m into Nactis in November last year
Gimv et al. sell ActoGenix for $60m
Transaction includes $30m worth of Intrexon stock
Apax and 3i enter exclusive talks over Azelis
Proposed deal comes two years after capital increase
VC-backed Bone Therapeutics raises €32m in IPO
Dual listing gives company a market cap of €104.8m
Gimv exits Viabuild
Sale of 30% stake results in a €2.3m net capital gain for GP
PAI buys AS Adventure from Lion
PAI acquires Belgian retailer in €400m deal with reported 50:50 debt-to-equity ratio
Thuja et al. invest €2.4m in Therasolve
VC was joined by business angels in the round
Vendis holds first close for Fund II
Fund has €150m target, but may close on higher total
VC-backed Bone Therapeutics to list
Company could raise up to €28.8m at the top end of the indicative price range
Qbic, Volta invest $2m in Sentiance
Company plans on rolling out its product globally