Trade sale
Livingbridge sells Up Group to Omers-backed Alexander Mann
Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around €13.6m
Mobeus sells stake in Advantedge for 30% IRR
Mobeus reported a 2.7x return on the sale to ECapital, a provider of alternative financial products
LDC sells NBS to TA-, Stirling-backed Byggfakta
Bank of America was given the mandate to run the sale process for the company in September 2020
LDC sells Panther Logistics to trade
LDC's Midlands team originally invested in 2016 as part of a £17m management buyout
Blackstone exits De Nora in €1.2bn deal
Sale ends a three-year holding period for Blackstone Tactical Opportunities, which owned a minority stake in the company
Equistone sells Eschenbach to trade
UK-based Inspecs Group is to pay €94.85m for the eyewear business, according to a statement
Livingbridge sells Giacom to trade
Bidders for the company included Hg among a number of other trade and private equity bidders
Omers considers sale of ERM for £2.5bn – report
Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015
Eurazeo exits Iberchem in €820m deal
Sale generates a cash-on-cash multiple of 2.1x and a 25% IRR for Eurazeo Capital
VC-backed Spacemaker sold to Autodesk for $240m
Deal comes a year and a half after the startup raised a $25m series-A round co-led by Northzone and Atomico in June 2019
Permira hires Goldman Sachs, Morgan Stanley for Dr Martens' IPO – report
Permira acquired the brand in 2013 for £300m, with debt provided by Barclays
Altitude exits Mortec Semiconductor for 12.6x return
Altitude acquired the company in July 2016 in a deal that valued the company at around £1m
Lea Partners sells IDL to PE-backed Insightsoftware
Lea acquired a majority stake in the financial performance enterprise software business in 2019
EQT sells Tia Technology to trade
GP is selling the company for $78m in cash on a fully diluted basis, six years after acquiring it
Private equity ramps up divestment efforts
Exit activity jumped by 50% in October, back to pre-pandemic levels, according to Unquote Data
Riverside sells Swedish Education Group for €18m
GP exits the business nine years after acquiring it via its 2008 fund Riverside Europe Fund IV
Epidarex sells Sirakoss to VC-backed OssDsign
Epidarex Capital initially backed the £3.1m series-A for the bone graft substitutes developer in 2014
Maven, Par Equity sell Symphonic stakes to trade
US-based Ping Identity acquires the Edinburgh-headquartered identity and authorisation software
VCs sell Flaschenpost stakes to Oetker
Investors including Cherry Ventures and Vorwerk Ventures backed the drinks delivery company
LBO France completes FH Ortho trade sale
LBO France acquired the company via its €154m Hexagone III fund in 2014
Seafort sells Noventiz Group to trade
Packaging and waste disposal compliance business was acquired by Seafort from Auctus in 2013
Rutland exits Armitage in £140m deal
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment
BGF sells stake in Chase Distillery
BGF bought a minority stake in the gin and vodka producer in 2017