Official Record/Buyouts
KKR buys TMG
GP is bringing in media entrepreneur Fred Kogel as CEO while Herbert Kloiber joins the advisory board
Capvis sells Rena to Equistone
Management team led by CEO Peter Schneidewind will become shareholders alongside Equistone
IK buys majority stake in Eres
IK Investment buys France-based Eres in a €230-240m deal via the €1.85bn IK VIII vehicle
Ardian acquires Study Group from Providence Equity Partners
Providence Equity Partners bought Study Group in a secondary buyout worth $570m in 2010
Standout Capital backs VisBook
GP invests via its Standout Capital I fund, which held a final close on SEK 1bn in August 2017
Halder makes first investment from new fund
Halder VI held a final close in January, but no further details were released by the firm
Auctus sells Valantic to DPE
Founding shareholders and management, led by Holder von Daniels, retain a stake of approximately 25%
Bridgepoint buys minority stake in Bee2link
GP uses £600m Bridgepoint Development Capital III fund to invest in France-based Bee2link
LDC backs £110m buyout of Evolution Funding
GP acquires a minority stake in the carve-out of the online B2B car finance broker
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Riverside backs E&A Scheer MBO
GP buys Rum blending specialist E&A Scheer while Blackrock and Rabobank provide financing
Alto Partners acquires Bia
Third investment made by Alto Capital IV, which held a €210m final close in 2018
Acon Investments backs Germaine de Capuccini
GPs plan to boost the company’s product innovation and expand its growth organically and via add-ons
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
Causeway Capital buys Patisserie Valerie out of administration
Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
QuattroR backs Trussardi
QuattroR invests via its €711m fund, which targets companies in temporary financial distress
BluGem sells DMC Group to Lion Capital
Sale ends a three-year holding period for BlueGem, which bought the company via its €370m second fund
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
Star Capital acquires ASL Aviation Holdings
Star Capital plans to wholly acquire ASL, which has been profitable every year since inception
RCapital backs AirHop MBO
Trampoline parks operator is to open five new sites in Germany and two in the UK
Alantra backs Frías Nutrición
GP is investing from Alantra Private Equity Fund III, which held a €450m final close in 2017
Panoramic backs management buy-in of PCS
GP is currently investing from its second fund, which writes equity cheques of £1-5m
US healthcare funds buy Moberg Pharma's OTC business for $155m
Purchase price represents a 14.1x entry multiple for the investors and is 3.3x the group’s revenues