Trade sale
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
Keensight exits Asti Mobile Robotics to trade
GP bought a stake in the autonomous mobile robots developer in 2019 via its 2014-vintage fourth fund
Investindustrial's Lifebrain nears sale to Cerba HealthCare
Parties are in final-stage talks, with signing set to take place in the next couple of days
Advent sells Allnex to PTTGC International
Trade sale values the Benelux-based coating resins business at EUR 4bn (12x EBITDA)
Graphite Capital sells U-Pol in £428m trade sale
GP first bought the business in 2002, exiting in 2005 before acquiring it again in 2010
HIG sells Weru to trade
Sale comes more than seven years after HIG acquired the windows and doors producer from Triton
Ashridge scores 1,439% IRR on Marclay after four-month hold
Ashridge invested in the UK-based cybersecurity and incident response firm in February
CapMan exits Solera Beverage Group to trade
Exit comes a decade after CapMan acquired a majority stake in Solera alongside co-investors and the management
EQT to sell Fertin Pharma to Philip Morris
EQT exits the company four years after it acquired a 70% stake in it from the founding Bagger-SУИrensen family
Oakley to sell majority stake in Ace Education to trade
Exit will generate a gross return on investment of nearly 2.1x money and around 27% IRR for Oakley Capital Private Equity III
Hg, Vista Equity Partners to sell Allocate to trade
Sources told Mergermarket in May that the company could fetch a valuation of around ТЃ1bn
Cross Equity, Pinova sell Rademacher to trade
GPs acquired the Germany-based smart home systems business in 2014 from Nord Holding
Altor, Goldman Sachs sell Navico to trade in €880m deal
Altor exits the company 15 years after creating the company by merging Simrad Yachting and Lowrance Electronics
Graphite Capital sells Performance Timber to trade
Acquisition by Bergs Timber values the company at SEK 140m and ends a 12-year holding period
Epiris sells Saunderson House in £150m trade sale
GP acquired IFG Group in 2019, subsequently splitting it into Saunderson House and James Hay
Priveq sells Scanmast to trade buyer for €24m
As part of the acquisition, Scanmast CEO Ann-Charlotte Andersson also acquires shares
Accent exits kitchenware retailer Cervera in sale to trade
Under Accent's ownership, the company's revenues increased by more than 70%, and EBITDA nearly tripled
FPE sells Questionmark to trade, nets 3.5x money
FPE acquired the assessment software in 2016 and has sold it to Battery Ventures' Learnosity
YFM scores 6.5x on Deep Secure exit
Deal shortly follows the 6x exit of YFM's FourNet stake to Palatine Private Equity
Silverfleet exits Coventya in €420m sale, nets 2.5x money
Trade sale comes five years after Silverfleet acquired the metal finishing business from Equistone
Investindustrial sells Sergio Rossi to Chinese fashion group Fosun
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V
Verdane sells Hyma to trade in €159m deal
Deal represents an IRR of more than 50% for Verdane, and will be the GP's first realisation from Verdane Edda I
Exponent sells BBI Healthcare to trade
BBI Healthcare is the consumer products division of BBI Group, which the GP has owned since 2015
OTPP sells Burton's Biscuits to Ferrero
Exit reportedly values Burton's at ТЃ300m; it is the 20th food production and retail exit of 2021