DLA Piper
DLA Piper bolsters French PE team with new hire
The London-headquartered law firm has hired Thomas Priolet as a private equity partner in Paris
Squire Patton Boggs makes France and Italy partner hires
Anthony Guillaume and Benjamin Marché join the Paris team, while Sara Belotti joins in Milan
Gramex Drinks sponsors in bilateral talks with strategic suitors
Owners ARX Equity and Structured Capital are evaluating offers against other options for developing the Hungarian soft drinks maker
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
Inflexion secures majority stake in Pangaea Laboratories
Beauty product developer owns the Medik8 brand, which generated revenues of £18.9m in 2020
Sherpa sells Macrolibros to Gold Tower's Graficas Ceyde
With the addition of Macrolibros, Graficas Ceyde plans to boost its expansion into new business verticals
Zefyr Invest acquires Bramidan from Blue Equity
GP is deploying equity from Zefyr Invest III, and Bramidan is its third acquisition from the vehicle
Mid Europa buys Polish e-retailer Displate
Company's founders will remain significant minority shareholders of the business
LDC exits Mitrefinch
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Beech Tree invests in Transparity
Transparity is expected to generate £13m in revenues in 2020 and plans to grow to £21m next year
Assietta's Naturalia Tantum buys Di-Va
GP will continue to pursue a buy-and-build strategy aimed at creating a platform in the cosmetics industry
Apiary invests in ACC
Apiary Capital invests in companies with enterprise values of £10-75m
Access holds first close for co-investment fund on €300m
At first close, the co-investment fund has five or six existing, institutional investors as LPs
Polaris to acquire and merge four Danish coach operators
Four operators had a combined pro forma revenue of €108m in 2019
Carlyle acquires stake in Envea for €186m EV
Envea reported revenue of €100.4m and an operating profit of €14.7m in FY 2019
Alcuin sells AVMI to trade
AVMI reported EBITDA of £6.3m for the year ending on 30 June 2019 from revenues of £81m
Baring Vostok buys minority stake in Synergetic
None of the existing shareholders reportedly leave the company's capital structure
Segulah to acquire majority stake in NVBS Rail
Deal is the GP's 10th investment from Segulah V, which is well advanced in terms of deployment
Palatine sells Vernacare to HIG
HIG is currently investing from Growth Buyout Equity Fund III, which closed on $970m
CBPE exits ABI Holiday Homes
For the year ending in August 2018, ABI reported operating profit of £15.5m from revenues of £117.8m
LDC sells Pure Cottages to Vitruvian's Sykes Holiday Cottages
Vitruvian acquired a majority stake in Sykes from Livingbridge last year
Resource Partners acquires Maced
Tomasz Macionga will continue as CEO, while Edmund Macionga will join the supervisory board
Elbrus leads $10m round for YClients
Elbrus is currently investing from its $550m vehicle, which held a final close in February 2014
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia