Trade sale
William Hill acquires OpenBet for £270m
Deal values OpenBet at 8.4x EBITDA and provides an exit for Vitruvian Partners
LDC makes 2.3x on Original Additions sale
LDC acquired the branded beauty goods supplier in 2011 through a secondary buyout
Palamon scores 13x on £600m Towry sale
Permira-backed Tilney BestInvest won the competitive process, which attracted strong PE interest
KKR doubles money on SMCP sale to Chinese trade buyer
GP is understood to have scored an IRR in excess of 30% in slightly less than three years
Riverside sells Diatron to Stratec Biomedical
Trade sale brings to an end Riverside's 11 years of ownership of the Budapest-based company
Synova scores 3x on TLG exit
Synova acquired TLG in an off-market deal in July 2008
Aconex buys Conject for €65m, Seventure exits
Australian company Aconex acquires German collaboration software Conject for €65m
Cinven in €450m Prezioso exit to Altrad
Cinven had acquired the French industrial services company from Indigo Capital in 2012
Livonia reaps 2x on exit of legacy asset Archyvų Sistemos
Baltic archiving services company was a legacy asset from a portfolio that pre-dated Livonia’s maiden fund
Gimv et al. in final exit of Punch Powertrain
Chinese trade player Yinyi Group buys the powertrains manufacturer at around €1bn EV
French VCs exit RSI Video in trade sale to Honeywell
A Plus Finance and Galileo Partners were among the backers of a funding round in 2009
Chequers nets 50% IRR on €275m Metabo exit
Chequers Capital made a cash-on-cash return just below 5x on sale of tool producer Metabo
Octopus sells Vision Direct
Octopus had been invested in the company since 2009 and supported several bolt-ons
Graphite’s City & County buys ICCM
Graphite's homecare service has acquired ICCM from Livingbridge
Bain sells Brakes for $3.1bn
Bain Capital has exited UK-based food service distributor after eight-year holding
MBO Partenaires exits 21% Edouard Denis stake
Real estate group was one of the last assets remaining in the GP’s fully invested €150m second fund
Core makes 2.4x on PDP Couriers trade sale
Exit is first for GP’s second fund and comes eight years after investing in PDP
Syntegra et al. exit AML to Johnsons Electric for €65m
Trade sale comes six years after the GPs carved out the business from Valeo
Palero sells Heidrive to Allied Motion for €20m
Palero Capital has sold Heidrive to US drive technology company Allied Motion for €20m
Palero sells Heidrive to Allied Motion for €20m
Palero Capital has sold Heidrive to US drive technology company Allied Motion for €20m
MBO and Arkéa offload Sira in trade sale
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
VR exits Janz IT to ACP
VR Equitypartner sells its stake in IT service Janz to ACP in a trade sale
BGF in swift exit from Plastique
Business Growth Fund had bought a minority stake in the business for £5m in mid-2014
Accel, Octopus, Index exit SwiftKey in $250m Microsoft deal
US technology conglomerate continues European acquisitions with deal reportedly worth €250m