Secondary buyout
Lead Equities to exit MCL to One Equity Partners
One Equity will wholly acquire the Germany-based IT service, ending an eight-year holding period
Down2Earth replaces Gimv as majority stakeholder in Grandeco
Gimv first bought the business 13 years ago and will remain a minority shareholder
Agilitas acquires Learning Curve from MML
Founded in 2004, Learning Curve is based in Durham and offers training and apprenticeships
Intera sells majority of PHM stake to Norvestor
Under Intera's one-and-a-half-year ownership, revenues of PHM grew from €45m to €120m
Nordian Capital Partners sells Open Line to Capital A
Sale ends a four-year holding period for Nordian, which owned a majority stake in the company
Providence sells Galileo to CPP-led consortium
Consortium also comprises Montagu, alongside existing shareholders Téthys Invest and BPI France
Five Arrows to sell stake in Dutscher to LBO France
Five Arrows previously acquired a minority stake in Dutscher in 2013
PAI, Pamplona and Partners in final stage for €1bn Rovensa sale - report
Sale will end a four-year holding period for Bridgepoint, which carved out Rovensa from Sapec Group
MML-backed Learning Curve nearing sale - report
Agilitas, investing from its 2015 fund, is said to be one of the final bidders in the process
BGF sells Miss Group stake to Perwyn
BGF's Pinesh Mehta will step down from the board, while Perwyn will take a majority stake
Oakley sells stake in AtHome to Mayfair
Listed vehicle Oakley Capital Investments reports proceeds of £15m from the sale
Montefiore exits Cruiseline in sale to Abénex
Abénex draws capital from its Abénex V fund, which closed on €425m in December 2017
Palatine sells Vernacare to HIG
HIG is currently investing from Growth Buyout Equity Fund III, which closed on $970m
Platinum buys Biscuit International from Qualium
Sale ends a six-year holding period for Qualium, which acquired the company from LBO France
DPE sells stake in PharmaZell to Bridgepoint
Deutsche Private Equity invested in the company in 2013 and began the sale process in August 2019
ECI scores 3.7x on ATG sale to TA
Mobeus also fully realises its investment, having backed ATG since 2008
Amundi PEF, SGCP back Vivalto Vie in capital reshuffle
Azulis Capital exits the care home operator, having backed it since 2015
Carlyle sells Golden Goose to Permira
Sale ends a three-year holding period for the GP, which bought the company via CEP IV and AGP V
LDC takes minority stake in Solid Solutions, BGF exits
Banking facilities for the deal have been provided by Muzinich & Co and Santander
Keensight and Pléiade sell SmartTrade to Hg
GPs invested in the company in 2015 and sold their stakes via an auction process initiated in 2019
Cerberus sells Covis Pharma to Apollo
Sale ends a nine-year holding period for the GP, which built Covis through a series of acquisitions
Foresight invests £16.8m in Signature
Foresight Group will provide an initial £5m revolving credit facility to Signature
Permira sells Duff & Phelps for $4.2bn
New York-based Duff & Phelps is a business service that employs 3,500 people globally
MML acquires Arrow from GCP
CVC Credit has provided a £70m acquisition facility to the business support service
