HgCapital
Nordic market awakes from slumber
Trio of large-cap deals in June spark life into region's buyout market with dealflow more than doubling compared to the previous month
HgCapital leads €4.7bn SBO of Visma from KKR, Cinven
KKR fully exits the software business while Cinven sells 40% of its stake to retain a 17% holding
HgCapital buys messaging service Esendex from Darwin
Following the deal, the GP aims to combine the asset with two portfolio companies
HgCapital sells Zitcom Group via trade sale
Deal is the second exit for the GP's Mercury Fund, which has returned 40% of capital to date
HgCapital exits The Parts Alliance in £205m trade sale
Sale delivers a 2x investment multiple and 19% gross IRR after five years of ownership
HgCapital's A-Plan in £170m refinancing
Refinancing consists mainly of two term loan B facilities worth ТЃ98.8m and ТЃ66.2m
HgCapital sells Qundis for 3.5x money
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m
HgCapital promotes Brockman and von Simson to managing partner
London- and Munich-based GP also announces three partner promotions in its London office
HgCapital raises £3.1bn in double fund close
GP successfully closes HgCapital 8 and Mercury 2 on ТЃ2.5bn and ТЃ575m respectively
Bridgepoint acquires Zenith from HgCapital in £750m deal
Transaction marks the sixth period under private equity ownership for the car leasing company
HgCapital invests in Evaluate
Deal for the life sciences software firm marks the 11th transaction made by tech-focused Mercury Fund
HgCapital's Cogital bolts on Baldwins
Deal for accountancy firm marks the company's third acquisition since its foundation in August
HgCapital makes 2.3x on Personal & Informatik exit
HgCapital achieved a 36% IRR return on the exit, which followed the initial investment in 2013
HgCapital-backed Visma sells BPO unit to HgCapital
HgCapital carves out business process outsourcing division from KKR-, HgCapital- and Cinven-owned parent
HgCapital hires Luckock as partner
Nick Luckock, previously a partner at Actis, will be joining the firm in October
HgCapital acquires 82% of Mobyt for €26.1m
Transaction gives the SMS marketing and advertising company a market cap of €31.9m
HgCapital launches advisory group with Blick Rothenberg acquisition
GP launches a buy-and-build platform with the former global chair and CEO of Deloitte
HgCapital reaps 2.2x on Relay sale to Applied Systems
Sale marks the first full divestment for the GP's dedicated TMT-focused vehicle
PE firm Tenzing adds Ian Armitage to board
Industry veteran Armitage joins as non-executive director, coming over from HgCapital
HgCapital and Capvis sell SFC Koenig for €217m
Trade sale comes eight years after the investors acquired the business
HgCapital exits Mainio Vire to Triton's Mehiläinen
Exit typifies current high demand for healthcare assets in the Nordic market
HgCapital promotes two to partner and makes two senior hires
Good and Briens are promoted from director in the portfolio projects and TMT teams
HgCapital buys legal software firm STP
HgCapital acquired STP via its £380m Mercury Fund, which focuses on software and tech
In Profile: HgCapital
Following an active start to the year, unquote" delves into the firm's sector-focus-approach and looks at its portfolio highlights