Trade sale
Via Venture exits Radiocomp
Via Venture Partners has sold its stake in Radiocomp in a trade sale to Microelectronics Technology Inc.
Consortium exits PregLem in trade sale
A consortium consisting of Sofinnova Partners, MVM International Life Sciences Partners, NeoMed Innovation, Sofinnova Ventures and Sutrepa have sold their stakes in PregLem to Gedeon Richter Plc.
Running for the exit?
Exit numbers are set to boom in the coming months as market conditions improve, according to research. While trade sales are very much the preferred route for private equity investors, IPOs remain unattractive. John Bakie gives an overview.
BSPE exits Tinet
BS Private Equity (BSPE) has exited its 92% stake in IP transit and Ethernet company Tinet to US-based Neutral Tandem in a deal valued at approximately €82m.
Doughty Hanson sells Impress for €1.7bn
Doughty Hanson & Co has exited its investment in metal packaging producer Impress Coöperatieve U.A. in a €1.7bn trade sale to Ardagh Glass.
AXA Private Equity set to sell Eliokem to Omnova Solutions
AXA Private Equity has entered into an exclusive agreement with US listed company Omnova Solutions for the sale of its majority stake in French chemicals company Eliokem for a total valuation of €227.5m.
Palamon exits OmniBus via €36.4m trade sale
Palamon Capital Partners has continued its strong run of exits in 2010 with the sale of its broadcast software portfolio company OmniBus Systems Ltd to the listed Canadian firm Miranda Technologies Inc for тЌ36.4m in cash.
Prime Technology Ventures exits Nedstat
Prime Technology Ventures has sold its 43% stake in web analytics specialist Nedstat to comScore, in a deal that values the company at €28.6m.
3i mulls over possible GES sale
3i Group has hired Citigroup to conduct a strategic review of Spanish wind farms builder Global Energy Services (GES).
bmp et al. sell nugg.ad to Deutsche Post
bmp AG and IBB Beteiligungsgesellschaft have sold Berlin-based nugg.ad to Deutsche Post for an undisclosed amount.
Consortium exit TPACK in trade sale
VУІkstfonden, Slottsbacken Venture Capital and Novi A/S have sold their stakes in Danish telecommunication equipment provider TPACK for $32m to AppliedMicro.
Norvestor exits Secode in trade sale
Norvestor Equity has agreed to sell its shares in the security service provider Secode AB to NTT Communications Corporation.
iXEN sells Textiles Well to CSP International
iXEN Partners has sold its 90% stake in French clothes manufacturer Textiles Well to CSP International, for an undisclosed amount.
Trilantic exit MW Brands in trade sale worth £566m
Trilantic Capital Partners has agreed to sell MW Brands to Thai Union Frozen Products in a deal worth ТЃ566m.
Ratos exits Haglöfs in trade sale
Ratos has sold outdoor equipment producer HaglУЖfs to Asics for approximately SEK 1bn.
Carlyle set to exit Otor
DS Smith has entered into exclusive discussions regarding the acquisition of Carlyle's stake in listed company Otor.
Advent and Turkven sell Roma Plastic
Advent International and Turkven Private Equity have sold Turkish manufacturer of PVC edge bands to Austrian wood manufacturing firm Egger.
DZ Equity Partners exits Electrovac
DZ Equity Partners is reported to have sold the Austrian Electrovac Group to Semikron International.
Consortium sell stake in Cognis
Permira, Goldman Sachs Capital Partners and SVG Capital have sold their stakes in Cognis to BASF.
Segulah divests NEA
Segulah has sold portfolio company NУЄrkes Elektriska AB (NEA) to Imtech in a trade sale.
Atlas Venture et al. sell shares in Priceminister
Japanese e-commerce specialist Rakuten has acquired a 100% stake in the Priceminister group from Atlas Venture, Phillimore, Technocap, Quilvest and individual shareholders.
SHS sells ProBioGen to Minapharm Pharmaceuticals for €30.4 million
SHS Beteiligungsmanagement has sold ProBioGen to Cairo-based strategic investor Minapharm Pharmaceuticals.
Venture-backed Definiens sells assets to listed Trimble
Venture-backed Trimble Definiens has been acquired by Nasdaq-listed Trimble in an all-cash transaction.
Perfectis sells Philippe Manutention to Groupe Manuloc
Perfectis Private Equity has sold its majority stake in forklifts distributor Philippe Manutention to industrial group Manuloc.