Buy-in/Buyout
EMZ acquires FotoFinder Systems
EMZ is acquiring a majority stake in the medical imaging company via EMZ 9, which is 80% deployed
WestBridge acquires Smart Capital Technology in MBO
GP invests GBP 17m following competitive auctions for IT services organisation company
Holland Capital buys business applications provider Appronto
Acquisition will enable close collaboration with other companies in the GP's portfolio
Rockpool backs BIMBO of BGF-backed Primrose
Online retailer of garden products generated EBITDA of £2.5m in its most recent financial year
True backs Frugi
Company intends to use the fresh capital to bolster its growth, and support its expansion plan
Njord Partners buys Lanificio Fratelli Cerruti
Njord Partners will appoint a new CEO to lead the company in its new phase of expansion
VCs back digital insurance merger
Previous Knip investors Route 66 Ventures, Red Alpine and QED are also providing funding to support the merger
Softbank holds close on $93bn for global fund
Softbank has set a target of $100bn for the fund and aims to hold a final close within six months
Nord Holding buys PPS Imaging
PPS managers Michael Krieger and Roland Niggemeyer invest alongside Nord Holding for a minority stake
EQT acquires Open Systems
According to a regulatory filing, the GP will take full control of the target indirectly using a holding company
3i invests €200m for majority stake in Hans Anders
Optical retailer was bought by Alpha Private Equity and Alpinvest in 2011 for an estimated €230m
Omnes and BPI support Ducatillon's €7.6m BIMBO
Omnes Capital's small-cap investment team led the GP's efforts in the deal
Keensight invests €50m in cloud services provider LinkByNet
Keensight's participation marks the first external investment in the group since inception
Spring Ventures invests £20m in BIMBO of IGF
Provider of SME financing will undertake a recruitment drive and expand across the UK
YFM backs £4m Business Collaborator buyout
YFM injects £3.35m into the company
Nordic Capital acquires Samport Payment Services
Deal will help accelerate international expansion for Samport
Acromas in partial exit from AA pre-IPO
Acromas could sell entire shareholding as part of flotation
Gilde backs BIMBO of ISFI
Gilde Equity Management Benelux has supported the buy-in management buyout (BIMBO) of International Spice and Food Import (ISFI), a Belgian provider of spice products.
Total Capital acquires Meter Provida
Total Capital Partners has backed the buy-in management buyout (BIMBO) of Meter Provida, a UK-based supplier of gas meters.
Maven et al. invest £9m in HCS
Maven Capital Partners has backed the buy-in management buyout (BIMBO) of HCS Control Systems alongside the Simmons Parallel Energy Fund and Front Row Energy Partners.
Capvis buys hessnatur
Swiss private equity firm Capvis Equity Partners has acquired German clothing company hessnatur in a management buyout from Primondo Specialty Group for an estimated €30-40m.
unquote" Annual Review 2013
The premier reference resource on European Buyouts
Quantifying alpha
Alpha does indeed exist, and is strongest in private equity deals with active ownership; particularly when frequent interaction with - and even changing of - management is involved.
Buyouts: All-equity deals on the wane
All equity buyouts have been a common feature in the private equity market since the onset of the financial crisis. Driven by poor leverage availability and high prices at the time, this trend is now in decline as markets return to normal. John Bakie...