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Trade sale

Tin foil rolls
Cornerstone Capital exits EppsteinFoils to trade

GP invested in the metal foils producer, then known as Stanniolfabrik Eppstein, in 2008

  • Exits
  • 26 October 2020
Back pain and spinal surgery
HTGF, Evonik exit Synoste to trade

Deal is HTGF's 11th exit during the coronavirus pandemic, and comes seven years after the VC first invested in the company

  • Exits
  • 22 October 2020
Alpacas
HTGF, Bayern Kapital exit ChromoTek to trade

VCs invested in the nanobodies developer in 2010; ChromoTek has been sold to a US-based market peer

  • Exits
  • 21 October 2020
Bonuses and incentivisation
Mercia sells Clear Review for £26m

Mercia portfolio director Nigel Owens, previously a non-executive director, will step down

  • Exits
  • 20 October 2020
Logistics service Waberer
Mid Europa sells minority stake in listed Waberer's

Transaction also includes a call option for trade buyer Indotek for the GP's remaining 47.99% stake

  • Exits
  • 19 October 2020
Residential renovations
VC-backed Homebell sold to Portal United – report

VCs including Lakestar and Index have invested in the online home renovation booking platform

  • Exits
  • 16 October 2020
Microchips and computer hardware
Omnes, BPI France sell Somos to trade

Semiconductor company has been acquired by Switzerland-based ST Microelectronics

  • Exits
  • 16 October 2020
Fire extinguishers and safety services
Apax sells SK FireSafety to API

SK FireSafety's management team will stay on with the company following the transaction

  • Exits
  • 06 October 2020
Accountancy software
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m

Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn

  • Exits
  • 05 October 2020
Legal spend management and matter management platform
Warburg Pincus sells stake in Avaloq at CHF 2bn valuation

GP invested in the banking software platform in 2017 at a CHF 1bn valuation and held a 45% stake

  • Exits
  • 05 October 2020
Smart city developers and Internet-of-Things companies
Norvestor exits Aptilo Networks to trade

GP exits the company nine years after acquiring it for €14.5m

  • Exits
  • 02 October 2020
Shopping online
HTGF, WestTech sell Semknox to trade

Sale of its stake in the AI-backed product search software platform is HTGF's eighth exit of 2020

  • Exits
  • 01 October 2020
TCX designs boots for motorcyclists
Keyhaven sells TCX to Investcorp's Dainese

Company becomes part of the Dainese group, which designs clothing for outdoor sports and is controlled by Investcorp

  • Exits
  • 01 October 2020
Doctor examining xrays
Main Capital sells RVC Medical to trade

Sale process saw interest from sponsors and corporates, and ends a six-year holding period for Main Capital

  • Exits
  • 01 October 2020
Connected buildings and Internet-of-Things
Mavenir buys VC-backed IP Access

Following the deal, IP Access will operate as a business unit within Mavenir's emerging business group

  • Exits
  • 29 September 2020
Educational apps for children
Mayfair-, Hoxton-backed SuperAwesome sold to trade

SuperAwesome reported revenues of £21m in 2018, as well as an operating loss of £5.5m

  • Exits
  • 28 September 2020
Insurance brokers
Hg sells A-Plan to trade buyer Howden

A-Plan was part of the portfolio of Hg 7, which closed on £2bn in April 2013

  • Exits
  • 23 September 2020
Baby toys and clothes
Polaris and AAC Capital exit BabySam to trade – report

GPs had reportedly been preparing to sell BabySam as early as 2017

  • Exits
  • 21 September 2020
Renovation and decoration services
Siparex, BPI France sell Duralex to trade

Firms invested in the business in 2015 alongside management, acquiring it from Initiative & Finance

  • Exits
  • 18 September 2020
Hotdesking software and remote access systems
Kahoot! acquires VC-backed Actimo

Listed e-learning company is paying up to $33m for the target company

  • Expansion
  • 17 September 2020
Cloud computing and hosting services
Main Capital sells Denit for €20m

Uniserver will wholly acquire the company, while founder Dennis Bruin will also leave permanently

  • Exits
  • 01 September 2020
Healthcare software
Baring Vostok, Vostok New Ventures sell Doc+

Baring Vostok Private Equity and Yandex provided $5m of financing to Doc+ in 2017

  • Exits
  • 28 August 2020
Zinc powder
Patrimonium and co-investors sell Fixatti to trade

MBO of Schaetti Group took place in 2013; the company was rebranded as Fixatti in 2018

  • Exits
  • 27 August 2020
Petrol stations and gas companies
Oxy Capital exits Prio Energy to trade

Sale ends a seven-year holding period for Oxy Capital, which acquired the company from Martifer

  • Exits
  • 24 August 2020
8 9 10
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