Secondary buyout
PAI Partners buys Armacell from Blackstone
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
IK Investment Partners acquires Ondal from Capvis
Ondal is the GP's third recent medtech acquisition and the 15th investment from IK VIII
Sovereign to sell Arachas for €250m
Sovereign backed the management buyout of Arachas in 2017 and acquired a controlling stake
GED Capital buys Grupo OM from Nazca
GP invests via GED VI España fund, which was launched with a €175m target and held a €100m first close
Apax acquires Destiny in SBO
Destiny founders retain almost 30% of shares in the company in the secondary buyout transaction
Equistone to buy Amadys from Vectis
Management team of the Belgian utilities equipment distributor retains a minority stake
Keensight to buy Sogelink from Naxicap
GP returns to the French software provider, which it owned from 2013 to 2016
FSN acquires Impreg from BWB Partners
Existing management team will reinvest alongside FSN and continue to own a stake
Platinum buys De Wave from Xenon
Deal ends a four-year holding period for Xenon, which bought the company via Xenon Private Equity VI
Finatem acquires Food & Service Group stake from Steadfast
Stake was acquired by Steadfast in 2015 as part of a management succession plan
Vitruvian buys Sykes from Livingbridge
Livingbridge acquired the Chester-based independent holiday cottage rental agency in 2015
H2 Equity Partners acquires Contiweb from AIP
Acquisition was backed via H2 Equity Partners' most recent fund, launched in June
CPPIB exits Interparking to APG
APG buys a 39% stake in Belgian Interparking investing €500-600m, says Inframation report
Polaris acquires SSG Group from BWB Partners
Polaris secures a majority stake in Denmark-based SSG Group alongside the management team
Endless acquires Victoria Plum from TPG
Bathroom products online retailer Victoria Plum was acquired by TPG Capital in 2014
Arx buys TES Vsetin from Advent
Existing management team will lead the company's future growth and development
Aksìa buys dental group Primo from Archimed
Sale ends a four-year holding period for French GP Archimed, which owned a 48% stake in the firm
Ardian buys Saal Digital
Nordwind and the Saal family have both re-invested to retain a substantial stake in the business
Aurelius sells Scandinavian Cosmetics Group to Accent
Accent is currently investing from Accent Equity 2017, which deploys €10-25m in equity
Bridgepoint to back Vermaat Groep SBO
GP will buy Vermaat, a catering and hospitality specialist, from Partners Group
Litorina buys NN07 from Fidelio
Litorina draws capital from its fifth buyout fund, which closed on its SEK 3bn target in August
LDC acquires ELE from Albion and Maven
Albion and Maven valued their stakes in ELE at more than 4x and 5x original cost, respectively
Keensight backs Geodesial SBO
GP will foster international expansion of France-based design software developer Geodesial
Castik buys Addsecure from Abry
Addsecure's management have also invested in the new company alongside Castik and Abry