Partial sale
Bridgepoint exits Protocol Education
Bridgepoint has sold Protocol Education, part of its portfolio company Protocol Associates, to Graphite Capital.
Paine & Partners buys Scanbio from Verdane
Paine & Partners has acquired fish oil and protein concentrate producer Scanbio Marine Group from Scanbio AS, part-owned by Verdane Capital IV.
Ventizz sells stake in vitronet
Ventizz Capital Partners has together with the company’s management sold a 15% stake in broadband network specialist vitronet to RWE Deutschland.
Incitia partially exits Algeta – reaps 8x
Incitia Ventures has sold 50% of its shareholding in Oslo-based biotech company Algeta ASA, generating an 8x return on investment.
FSN Capital’s Baggium sells C&T division
FSN Capital’s portfolio company Baggium AB has sold its Care & Treatment division to Humana AB.
BC Partners further exits Médica
TBU-3 International, a holding owned by BC Partners, has sold a 28.1% stake in listed French homecare company Médica.
AXA PE sells 30% stake in Skyrock to Crédit Agricole
Crédit Agricole has agreed to purchase 30% of French radio station Skyrock from AXA Private Equity, which retains a 40% stake in the business.
Bridgepoint secures loans to extend debt of Dorna Sports
Bridgepoint has secured €420m of loans to extend the debt of Spanish Dorna Sports SL, a motorcycle sports business that promotes and manages MotoGP (the Motorcycle Road Racing World Championship), say media reports.
DBAG sells Preh
Private equity firm Deutsche Beteiligungs AG (DBAG) has sold automotive supplier Preh to US supplier Joyson Automotive Electronic Holding.
CNPEF and Fondamenta sell 50% of Ares Line
Cape Natixis Private Equity Fund (CNPEF) and Fondamenta SGR have sold a 50% stake in Ares Line S.r.l. for approximately €5m equity.
CapMan’s Cardinal Foods sells Norsk Kylling
CapMan’s portfolio company Cardinal Foods has sold its subsidiary Norsk Kylling to REMA Industrier.
EQT-owned Gambro sells CaridianBCT
EQT and Investor-backed Gambro AB has sold CaridianBCT to Terumo Corporation for an enterprise value of $2.625bn.
Altor sells Ferrosan to Pfizer
Altor has sold Danish consumer health company Ferrosan Consumer Health (FCH) to Pfizer Inc.
Nordic Capital partially exits Falck
Nordic Capital, ATP Private Equity Partners and Folksam have sold a 36% stake in Falck to The Lundbeck Foundation.
Partial sale values TDC at DKK 65bn
Apax Partners, Blackstone Group, Kohlberg Kravis Roberts, Permira and Providence Equity Partners have partially exited TDC through a share buyback and public offering.
KKR acquires stake in Visma
KKR has acquired a 76.9% stake in Norwegian business software provider Visma, giving the company an enterprise value of NOK 11bn.
CVC acquires Sunrise in CHF 3.3bn deal
CVC Capital Partners has signed an agreement to acquire Sunrise Communications S.A. from Danish telephone company TDC A/S.
Campbell Soup in bid for United Biscuits
Food firm Campbell Soup Company is looking to acquire part of United Biscuits from Blackstone and PAI Partners for £1.5bn, according to media reports.
NEON Private Equity in partial exit of Kuiken
NEON Private Equity, formerly Fortis Private Equity, has sold the Könicke subsidiary of Kuiken Group to the Swedish Lantmännen Group.
PAI Partners sells Kwik-Fit Insurance to Fortis
PAI Partners has sold the Insurance branch of Kwik-Fit to Fortis UK for £215m.
Bank of Ireland sells 50% of private equity unit
The Bank of Ireland is reportedly selling 50% of fund-of-funds private equity investor, Paul Capital, as it works to raise €3.3bn to meet regulatory solvency requirements.
EQT Opportunity divests Tenson
EQT Opportunity has sold Tenson to Benelux-based Unlimited Sports Group.