Trade sale
Warburg Pincus sells Source to Invesco
Previous media reports suggested the vendor was looking for a $400-500m valuation for the asset manager
HQ Equita sells Isolite group to Hitachi Chemical
HQ Equita acquired Isolite using capital from Equita Holding in 2010
HgCapital sells Qundis for 3.5x money
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m
Terra Firma, CPPIB sell Awas to Dubai Aerospace
Earlier media reports suggested the vendors were seeking $7bn for the aircraft leasing company
Fondo Italiano d'Investimento exits Emarc via trade sale
GP sells its holding in the Italian auto parts producer after a five-year ownership period
Bridgepoint's EMT to acquire Exova for £620m
Deal values the company at 12.5x its adjusted EBITDA for the 12 months ending in December 2016
Hannover Finanz sells Lück to Spie
Spie looks to expand its mechanical and electrical services capabilities in Germany
Baring exits Weetabix in £1.4bn trade sale to Post Holdings
Sale of cereal company comes just a year and a half after the GP acquired a 40% stake in the business
BC's Elysium acquires Badby from Patron
BC Partners bought 22 mental health facilities in the UK, formerly part of Priory Group, in November
NorthEdge completes Fine Industries trade sale, scores 2.5x return
NorthEdge secures a 2.5x return on the chemicals business after a three-year holding period
Ecapital and IBB sell Geo-En to GASAG
Acquisition of Geo-En provides a strategic expansion into energy services for GASAG
H2 Equity Partners sells Hancocks to Innovative Bites for £100m
Sale of confectionary wholesaler follows a holding period of four and a half years
Milestone Partners exits Quintus Technologies in $115m trade sale
The acquirer is Tokyo-based industrial group Kobe Steel, which will operate Quintus as a subsidiary
Capitem Partenaires exits Planett
Capitem Partenaires acquired a majority stake in Planett in 2015 through an MBO
HTGF et al. sell Symetis to Boston Scientific for $435m
Companies have developed complementary heart valve technologies
ArchiMed makes 400% IRR on HIS exit
Transaction marks the first exit for ArchiMed's maiden fund Med 1, closed on €350m in 2015
Kennet and Eight Roads sell Rivo to Genstar's Sphera
Sale of risk management software provider follows a four-year holding period for the VCs
Miura exits Guzmán Gastronomía via trade sale
GP exits its 80% stake alongside the management team, which sold a 10% holding
BNP Paribas takes majority stake in Compte-Nickel
Transaction enables the exit of Partech Ventures, which had been the group's main backer since 2015
HTGF and IFH sell 51% stake in Bentekk to Dräger
HTGF and IFH invested in a six-figure seed funding round for Bentekk in May 2016
Bridgepoint exits AEF Group
AEF became a Bridgepoint portfolio company after the firm acquired EdRCP in 2014
Hannover Finanz exits Astyx to ZF Friedrichshafen
Exit from ultra-high-frequency sensors business follows a 17-year holding period for the GP
Epiris reaps 6.5x on Treetops sale to Busy Bees
Sale of nursery school operator generated proceeds of ТЃ93m for the vendor after a five-year tenure
HTGF et al. exit Cumulocity in trade sale to Software AG
Adding Cumulocity's technology to its service offering will complete Software AG's IoT software portfolio