Secondary buyout
Fondations buys Buffet Crampon from Argos Soditic
Fondations Capital has entered exclusive negotiations to acquire French musical instruments maker Buffet Crampon from Argos Soditic.
TowerBrook buys Volution off AAC Capital
TowerBrook Capital Partners has acquired UK-based ventilation products specialist Volution Group from AAC Capital - a deal reported to be worth around £160m.
Cinven snaps up ICG's CPA Global in SBO
Cinven has agreed to acquire intellectual property specialists CPA Global from Intermediate Capital Group (ICG) and Electra Private Equity in a secondary buyout thought to be worth around $1bn.
EdRIP backs b2s OBO
Edmond de Rothschild Investment Partners (EdRIP) has backed the OBO of French CRM business b2s from Windhurst Participations.
21 Centrale acquires Vacances Directes
21 Centrale Partners has bought French mobile home rental business Vacances Directes, formerly backed by Acto Capital, in a deal understood to be worth around €70m.
IDI buys Emeraude from CM-CIC LBO Partners
Listed fund IDI has acquired French polymers distributor Emeraude International from CM-CIC LBO Partners, alongside management.
AXA PE buys Ouvêo group
AXA Private Equity has acquired French window manufacturer Ouvêo from Alliance Entreprendre and FSI Régions (formerly Avenir Entreprises), in a transaction valued at less than €50m.
Aurora Capital acquires Alltub
US-based investor Aurora Capital Group has acquired Alltub, a French producer of collapsible aluminum tubing, from Naxicap in a transaction reportedly worth €55m.
Sun European Partners buys EQT stake in Strauss
Sun European Partners has agreed to buy EQT Partner's shares in German retail chain Strauss Innovation.
Doughty Hanson in £250m Asco SBO
Doughty Hanson has acquired oil and gas services provider Asco from Phoenix Equity Partners, a deal thought to be worth slightly less than £250m.
NiXEN buys Babeau Seguin from Siparex et al.
NiXEN has acquired a majority stake of slightly more than 50% in French home construction group Babeau Seguin from a consortium of private equity shareholders.
Elysian backs SBO of LDC's Volvox Group
LDC has sold Volvox Group to Elysian Capital in a secondary buyout.
Activa Capital buys Primavista off LFPI
Activa Capital has acquired a majority stake in French maternity and school photography specialist Primavista from LFPI Gestion.
Riverside and Halder acquire Keymile from Hannover Finanz
The Riverside Company and Halder have acquired telecommunications firm Keymile from Hannover Finanz in a secondary management buyout.
Palatine backs secondary MBO of Wealth at Work
Palatine Private Equity has provided funding for the secondary buyout of Wealth at Work from LDC.
Weinberg buys Climater off Industries & Finances
Weinberg Capital Parners (WCP) had acquired a majority stake in French climate engineering group Climater from Industries & Finances (I&F).
Ergon acquires PharmaZell from Auctus and Lead
Ergon Capital Partners has acquired a 100% shareholding in German biotechnology company PharmaZell from Auctus Capital Partners and Lead Equities.
Equistone leads Unither MBO
Equistone Partners (formerly Barclays Private Equity) has backed the secondary MBO of French pharmaceutical company Unither from ING Parcom, CM-CIC Investissement and Picardie Investissement.
Primary buyouts resilient in Q3
Although market conditions remain difficult for private equity transactions across the spectrum, primary LBOs seem to have fared better than SBOs in the third quarter. Greg Gille reports
Electra buys LDC-backed Davies Group for £60m
Electra Partners has acquired claims management specialist Davies Group from LDC for £60m.
Dearth of mega buyouts in Germany
While France, the UK, Sweden and Italy have completed multiple deals over the €1bn mark in 2011, Germany is lagging behind. Susannah Birkwood finds out why
Azulis Capital buys Shop Novation off Argos Soditic
Azulis Capital has bought French merchandising solutions provider Shop Novation from Argos Soditic.
Pass the parcel deals get personal
A spate of private equity investors have acquired portfolio companies from their previous employers in recent months. Is this is a clever way of sourcing deals or a sign of unscrupulous behaviour? Susannah Birkwood finds out
AXA PE reacquires Photonis from Astorg
AXA Private Equity has reacquired French electronics company Photonis, three years after selling it to Astorg Partners.