Trade sale
Albion exits Opta for £40m, reaps 3x money
Albion Ventures has divested its stake in London-based Opta, a provider of sports data and analysis, to trade player Perform Group for ТЃ40m, reaping a 3x money multiple.
Auriga reaps 33x multiple on Neolane exit
Auriga Partners has realised a substantial 33x money multiple on its exit from Paris-based Neolane to Adobe for $600m.
İş Private Equity offloads Aras Kargo stake
Turkey-based İş Private Equity has sold its 20% holding in parcel delivery group Aras Kargo to Austrian Post in a deal worth €50m.
Dalian Wanda Group buys Sunseeker from FL Partners
After less than three years' ownership, FL Partners has agreed to sell luxury motor yacht manufacturer Sunseeker International to Chinese commercial property and entertainment conglomerate Dalian Wanda Group.
Maj Invest sells Kelsen Group to Campbell Soup
Maj Invest has sold Danish baked snacks maker Kelsen Group AS to Campbell Soup.
CVC- and KKR-backed Van Gansewinkel sells AVR subsidiary
Van Gansewinkel Groep, which is backed by CVC and KKR, has sold AVR Afvalverwerking BV (AVR) to the Cheung Kong Group consortium for €940m.
European Capital exits MTH
European Capital has sold German company Metall Technologie Holding GmbH (MTH) to LOI Thermprocess GmbH, reaping a 1.6x multiple on its original investment.
Ingenious sells Digital Rights to Modern Times for £13.2m
Ingenious Media Active Capital (IMAC), a closed-ended investment company managed by Ingenious Ventures, has sold its stake in Digital Rights Group (DRG) to Swedish broadcaster Modern Times Group (MTG) for ТЃ13.2m.
Northzone et al. exit Energy Micro to Silicon Labs for $170m
Northzone and Investinor have exited Norwegian company Energy Micro AS to Nasdaq-listed Silicon Labs for $170m, reaping a 2.5x multiple on their original investments.
NVM achieves 3.3x on IG exit
NVM Private Equity has sold IG Doors to the HУЖrmann Group, generating an IRR of 17.3% and a 3.3x money multiple.
HgCapital sells ATC to Intertrust for €303m
HgCapital has sold Dutch fiduciary services firm ATC to corporate services business Intertrust for €303m, reaping a 2.2x money multiple.
JC Flowers sells half of CCM to Encore
JC Flowers has sold a 50.1% stake in Cabot Credit Management (CCM) to Encore Capital Group for ТЃ128m, just two weeks after acquiring the UK-based consumer debt manager from AnaCap Financial Partners.
Beringea exits Fjord
Beringea has sold service design consultancy Fjord to management technology outsourcing and consulting service provider Accenture Interactive.
Graphite sells Dominion Gas to Praxair
Graphite Capital has sold Aberdeen-based oil field services company Dominion Gas to NYSE-listed Praxair.
Target Partners exits JouleX in $107m trade sale
Target Partners has sold its stake in IT energy management company JouleX Inc to US high-tech business Cisco.
Main Capital exits Iaso in trade sale
Main Capital Partners has exited Netherlands-based Iaso Backup Technology to US-based trade player GFI Software in a “double-digit-million-euro transaction”.
Maven, Connection reap 1.8x on Atlantic Foods sale
Maven Capital Partners and Connection Capital have sold their stake in Atlantic Foods Group to Flagship Food Group LLC, a US trade buyer.
3i reaps 2.3x on Xellia exit
3i has agreed to sell Xellia Pharmaceuticals AS, a Norwegian speciality pharmaceutical group, to Novo AS for ТЃ460m.
LDC sells Eve Trakway to Ashtead
LDC has sold temporary traffic systems and management supplier Eve Trakway to rental equipment provider Ashtead Group plc for ТЃ28m, a 2.5x multiple on the firmтs original investment.
Oakley Capital sells Headland for £15.5m
Oakley Capital Investments has sold news services provider Headland Media Ltd to KVH Industries in a deal that gives the firm an enterprise value of ТЃ15.5m.
Verdane Capital exits KSD to Descartes
Direct secondaries specialist Verdane Capital has sold KSD Software Norway AS to The Descartes Systems Group for NOK 190m.
Darby exits Sirma to Danone
Darby Private Equity is set to sell its holding in Sirma, a Turkish bottled water and beverages manufacturer.
H2 makes 6x on Sator sale
H2 Equity Partners has reaped a 6x multiple on the trade sale of Dutch portfolio company Sator Holding to LKQ for £176m.
Herkules Capital exits Gothia to arvato AG
Herkules Capital has agreed to sell Gothia Financial Group AS to arvato AG, a global business process outsourcing (BPO) provider owned by Bertelsmann.