Secondary buyout
3i buys Etanco off IK
3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.
Barclays acquires IN tIME Express Logistik from ECM
Barclays Private Equity has bought IN tIME Express Logistik from ECM Equity Capital Management.
Ersel nabs Arbo from Quadrivio
Italian SME investor Gruppo Ersel has acquired an 80% stake in Accessori Ricambi Bonazzoli (ARBO) from fund manager Quadrivio in a secondary buyout.
Astorg leads FCI unit auction
French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.
LBO France and LFPI Gestion close Eminence SBO
LBO France and LFPI Gestion have acquired men's underwear manufacturer Groupe Eminence from Orium and Pechel Industries Partenaires.
IK acquires Doedijns in SBO
IK Investment Partners has acquired a majority stake in Dutch engineered solutions provider Doedijns International from Friesland Bank Investments.
Bain seeking final bids for FCI
Bain Capital is today expecting final bids for portfolio company FCI, which could fetch up to $1bn.
OMERS acquires V.Ships from Exponent
OMERS Private Equity has acquired V.Group, better known by its brand V.Ships, a third-party manager of vessels in the cargo and leisure sectors, from Exponent Private Equity for an enterprise value of $520m.
Valedo acquires Corbel from Sentica
Valedo Partners has acquired real estate management services provider Corbel Oy from Sentica Partners.
LDC acquires Original Additions
LDC has acquired beauty accessories supplier Original Additions in a secondary buyout from Matrix Private Equity and Barclays Ventures.
EQT acquires Atos from Nordic Capital
EQT has acquired Swedish medical device company Atos Medical from Nordic Capital.
Gresham backs buyout of Walker
Gresham has acquired composite repair services company Walker Technical Resources in a secondary buyout from Maven Capital Partners and its founder shareholder.
IK acquires Savena in SBO
IK Investment Partners has acquired French food ingredient manufacturer Savena from Azulis Capital and Céréa Capital.
TDR buys Lowell Group from Exponent
TDR Capital has acquired Leeds-based debt purchasing specialist Lowell Group from Exponent Private Equity.
Secondary buyouts on the rise
unquote” has recorded a significant hike in SBO activity in 2011 – indicating LPs’ fears over their comeback might not have been exaggerated after all. Greg Gille reports
Carlyle set to acquire SagemCom from Gores
Carlyle is in advanced negotiations with The Gores Group for the acquisition of SagemCom, a French manufacturer of network equipment and television set-top boxes, according to French daily Les Echos.
NORD Holding buys CDA Datenträger Albrechts
NORD Holding has acquired German optical storage media manufacturer CDA Datenträger Albrechts GmbH in a secondary buyout from bm-t beteiligungsmanagement thüringen.
TCR buys Européenne from Industries & Finances
TCR Capital has bought a majority stake in French food distributor Européenne Food from Industries & Finances Partenaires and Défi Gestion.
PAI sells SPIE in €2.1bn SBO
A private equity consortium led by Clayton Dubilier & Rice (CD&R) has acquired French engineering group SPIE from PAI partners for a total consideration of €2.1bn.
Azulis Capital buys Lagarrigue from iXO
Azulis Capital has taken a majority stake in the secondary buyout of French medical equipment business Lagarrigue from iXO Private Equity.
Large exits up 60% year-on-year
So far, 2011 has seen a surge in exit activity for private equity funds, with large-scale divestments seeing a significant recovery in particular. John Bakie gives an overview
HIG acquires walter services
HIG Europe and Anchorage Capital have acquired telecommunication service provider walter services from Odewald & Compagnie, Gilde Buy Out Partners and Capiton AG for an undisclosed amount.
Gilde buys Actief Interim from KBC PE and Indufin
Gilde Equity Management has acquired temporary staffing provider Actief Interim from KBC Private Equity and Indufin for an undisclosed amount.
Carlyle buys The Foundry from Advent Venture
The Carlyle Group has acquired visual effects software developer The Foundry from Advent Venture Partners.