Secondary buyout
Graphite sells Sk:n to TriSpan after 13-year holding
Deal reportedly values the UK-headquartered skincare clinic operator at around £35m
Permira buys Hana Group in SBO
GP buys France-based Hana Group, based on 2019 projected EBITDA of €43m, from TA Associates
Hg buys Transporeon from TPG
Acquisition continues Hg's strategy for B2B cloud-based software and network companies
Ardian buys Revima in SBO
Argos Wityu, which owned a majority stake in the business since 2017, becomes a minority stakeholder
Idia et al. back Le Groupe Bioclinic in SBO
GPs invest in medical analysis laboratory Bioclinic while founder Dabi retains majority
Phoenix reaps 3.6x from Travel Chapter sale to ECI
Sale of holiday accommodation booking company ends a holding period of less than three years
Waterland sells Combell to Hg
SME-focused hosting company demerged from its parent group Intelligent in April 2018
Capital Croissance acquires Vlad from UI Gestion
UI Gestion sells its stake in France-based Vlad, while BPI France and management reinvest
Stirling Square buys Verescence in SBO
GP buys France-based Verescence, a glass packaging specialist, from Oaktree
Cinven buys One.com from Accel-KKR
Revenues doubled from €30m to €60m in four years, according to the vendor
Inflexion, NVM exit CloserStill Media in SBO
Inflexion acquired a minority stake in CloserStill through its Partnership Capital fund in 2015
Paragon sells Kadi to Invision
Sale ends a holding period of five and a half years for Paragon, which acquired Kadi in an SBO
LDC exits Prism Medical UK in SBO
Sale ends a four-year holding period for LDC, which acquired Prism from Toronto-based Prism Medical
TPG to sell TES Global to Providence
Transaction for digital education resources platform was reportedly based on EBITDA of £6.5m
Andera sells Scalian to Cobepa – reports
Andera wholly owns the engineering consultancy, having acquired stakes in 2015 and early 2018
Mid Europa buys Intive from Enterprise Investors
Enterprise initially invested in BLStream, then backed SMT Software Services, and built up the group
NB Renaissance Partners buys Hydro from Mandarin
GP buys the firm from Mandarin Capital Partners, Atlante Private Equity and minority shareholders
Herkules sells Stamina Group to Norvestor
Divestment comprises the Avonova Holding and Stamina Helse subsidiaries of Helse Holding
Growth Capital Partners backs secondary MBO of Indigo
Maven Capital Partners and YFM fully exit after backing a deal worth £12m in 2016
Ciclad backs VitrineMedia OBO, Siparex exits
Previous backer Siparex sells its minority stake in the business, having invested €1m in 2013
Arkéa et al. buy Malherbe from Siparex, NCI
Consortium of backers buy a minority stake in the logistics and transport specialist
FSN buys Rameder from Findos
First deal FSN has completed in Germany since setting up a Munich office in March this year
LDC sells Amberon to H2 after 17-month holding
Temporary traffic lights and roadworks signage provider Amberon acquired Barrier Services in November
Newly launched Ethos acquires Ares-backed Miles 33
Publishing software developer generates EBITDA of £3m, while Ethos invests £3-8m per deal