Trade sale
Phoenix offloads NFT to EmergeVest
Investec provided acquisition finance for the deal
Eurazeo’s Vignal bolts on 21 Partners’ ABL Lights
Eurazeo provides additional €15m to finance the deal
Deal in Focus: Ardian sells Diana to Symrise for €1.3bn
Deal values the business at mouth-watering 14x EBITDA
Newion exits Resato
Newion Investments has sold its shareholding in Resato, a Dutch developer and manufacturer of high-pressure components, to local trade player Verder Group.
Ardian sells Diana to Symrise for €1.3bn
Largest trade sale in France since 2011
Deal in focus: Investindustrial and KKR sell Avincis for €2.1bn
Deal in focus: Avincis
SEP’s Metaforic sold to VC-backed Inside Secure for $11.6m
Buyer backed by Sofinnova and Gimv
Apax sells Buy Way Personal Finance
GP acquired 50.5% stake in 2010 carve-out from BNP Paribas
CapMan exits Espira
CapMan sells holding in Norwegian education sector
NPM exits Dujardin
Belgian business merges with trade player Ardo
BeCapital, Pechel sell Goëmar to Permira’s Arysta
Business was acquired in 2010
Greycroft’s Tagman sold to Ensighten
VC-backed US business Ensighten has acquired Tagman, a London-based tag management company backed by Greycroft Partners and iNovia Capital.
Vodafone acquires Grupo Corporativo Ono
Ono valued at 7.5x 2013 EBITDA
Citizen Capital et al. exit Trace in €40m trade sale
Citizen Capital, Entrepreneur Venture and NextStage have sold their stakes in Trace TV, a French media brand and pay-TV channel operator, to Swedish broadcaster Modern Times Group (MTG).
Banexi sells Tedemis to Criteo
Banexi Ventures Partners has sold French email marketing company Tedemis to Nasdaq-listed Criteo, a French advertisement targeting business backed by several venture firms.
Riverside exits Vokes-Air Group
Riverside has divested Swedish air filtration company Vokes-Air Group to German trade buyer Mann+Hummel.
Accel-backed GetJar sold in trade sale
Accel Partners-backed GetJar, a Lithuanian app recommendation business, has been sold to Chinese mobile company Sungy Mobile for $5.3m in cash.
LBO France exits Sonovision in trade sale
LBO France has reaped a 2.1x money multiple on the sale of Sonovision Group, a Paris-based provider of logistics and document engineering services for the space industry, to French industrial firm Ortec Group.
Mid Europa sells TMCZ for €828m
Mid Europa Partners has sold its 39.23% stake in T-Mobile Czech Republic (TMCZ) to Deutsche Telekom for a total consideration of €828m.
Iceni sells Mentor IMC to Vinci for 6x return
Iceni Capital has sold oil & gas recruitment business Mentor IMC to French group Vinci in an all-cash transaction, reaping a 6x multiple.
SEP et al. sell Zinwave to McWane
US manufacturing company McWane has acquired venture capital-backed Zinwave, a UK provider of in-building wireless coverage infrastructure.
Amadeus, Montezemolo sell Octo Telematics for €405m
Amadeus Capital Partners and Montezemolo & Partners have sold Rome-based Octo Telematics, a provider of telematics services and systems for the insurance and automotive market, to Russia's Renova Group for €405m.
KCP generates 3.5x on TSC Foods sale
Key Capital Partners (KCP) has sold TSC Foods, the maker of Glorious! Soups, to Edward Billington and Son, reaping a 3.5x return.
PHD scores 9.2x on Liberty Services exit
PHD Equity Partners has generated a 9.2x money multiple and a 70.4% IRR on its sale of Liberty Services to Capita.