Minority investing
BM-T exits Hasec in trade sale
Scanfil has wholly acquired Hasec for €10.25m worth of Scanfil shares and liquid assets
Ampersand takes minority stake in GenDX
Ampersand typically invests $10-50m in companies with $10-100m in annual revenue
Nord Holding sells stake in Avista Oil
Family office Bitburger Holding and entrepreneur Susanne Klatten's investment arm acquired the stake
S-UBG acquires minority stake in Sato
S-UBG has acquired a third of the shares, while the remaining shares are owned by management
TowerBrook acquires minority stake in GBA Group
Second minority investment in a founder-led business in the UK for the private equity house
CIC Capital acquires a minority stake in Brüning Group
CIC aims to acquire minority stakes with governance rights for between €3-50m
BGF invests £11.6m in Invenio
Newco was set up for the transaction under the name Invenio Business Solutions Holdings
Co-piloted investments prepared for take off
PE is displaying a growing willingness to invest in minority deals, with some GPs raising dedicated vehicles for the strategy
Jacobs Holding sells down stake in Cognita
BDT Capital Partners and Sofina have taken minority stakes in the international school group
FVS backs La Gastronomica
GP invests via Fondo Sviluppo Pmi, a €50m vehicle that held a final close in December 2015
Unquote Private Equity Podcast: Minority report
Listen to the latest episode of the Unquote Private Equity Podcast, in which our Precogs envision PE's future of non-controlling stakes
Equinox acquires 40% in Manifattura Valcismon
Equinox deploys capital from its third fund, while a debt package is provided by a pool of banks
LionRock Capital backs Inter Milan
GP intends to support the company's growth in partnership with its majority shareholder Suning
Isatis backs Zenika MBO
French GP takes a minority stake in the digital transformation consultancy business, founded in 2006
Inflexion makes minority investment in Granite Underwriting
GP is still investing from the first Partnership fund, despite raising a successor last year
Inflexion buys minority stake in UKFast
UKFast's founders and management will retain a majority stake and continue to lead the company
Premiership Rugby confirms CVC investment
CVC agrees to acquire a minority stake in the English professional rugby union league
Inflexion takes minority stake in European LifeCare Group
Investment is drawn from the £250m vehicle Inflexion Enterprise Fund IV, which closed in 2016
Bregal Milestone backs Arkphire
GP invests via its debut private capital fund, which held a final close on тЌ400m in July 2018
Rhône acquires 45% stake in Maxam from Advent
Deal closes seven-year holding period for Advent, during which the company expanded internationally
Initiative & Finance invests in Proferm
GP buys a minority stake in French carpentry specialist Proferm, CEO Dejonghe retains majority
Three Hills backs WPI
Deal is structured as a combination of debt and equity, with the GP taking a minority in the company
Amundi acquires stake in Altix
Altix plans on expanding globally in the consumer electronics and automotive electronics markets
EI acquires Unilink
Unilink intends to become the largest insurance distribution company in the CEE region