Official Record/Exits
PE-backed PortAventura issues €420m bond
Spanish amusement park and tourist resort PortAventura, backed by Investindustrial and KKR, has issued a €420m senior secured high-yield bond.
CapMan Russia exits Russian Baltic Pork Invest
CapMan has sold its holding in pig farm operator Russian Baltic Pork Invest (RBPI) to Thailand-based Charoen Pokphand Foods.
Gimv partially exits Punch Powertrain
Gimv has divested 30% of its stake in Punch Powertrain, a Belgian manufacturer of auto parts, to Chinese private equity house New Horizon Capital.
Gilde sells Hofmann to Partners Group
Gilde Buy Out Partners has sold German catering company Hofmann Menü Manufaktur to Partners Group alongside Hofmann's management.
Equistone and LDC back MDNX deal
Hosting provider MDNX has acquired Easynet with backing from Equistone Partners Europe and LDC, providing an exit for Kelso Place Asset Management.
CVC fully exits bpost
CVC Capital Partners has sold the remainder of its shares in Belgian postal service bpost, which listed on the NYSE Euronext Brussels earlier this year, for €580m.
FGPE et al. sell Qumas to Accelrys for $50m
Fidelity Growth Partners Europe (FGPE) and other backers have sold Qumas, an Ireland-based risk and compliance management company, to Nasdaq-listed software firm Accelrys.
Inveready sells Lucierna to VC-backed SmartBear
Spanish investor Inveready has divested enterprise application company Lucierna in a sale to SmartBear, a software company backed by US venture capital firm Insight Venture Partners.
HitecVision sells Stream for $260m
HitecVision and Converto Capital have agreed to sell Stream, a Norwegian oil & gas services company, to MRC Global.
Sanitec valued at SEK 6.1bn in IPO
Bathroom ceramics maker Sanitec started trading on Nasdaq OMX Stockholm today at SEK 61 per share, rising to SEK 64.75 in early trading.
Siparex makes 5x on Manuloc exit
Siparex has sold its stake in French logistics business Manuloc to existing backer CM-CIC Capital Finance after more than 10 years as a minority shareholder.
Kinnevik exits BillerudKorsnäs
Investment AB Kinnevik has sold its stake in renewable packaging material company BillerudKorsnäs to a number of Swedish institutions for SEK 3.7bn.
ICG refinances capiton's nora systems
Intermediate Capital Group (ICG) has refinanced nora systems, a building material manufacturer backed by private equity house capiton.
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.
NoorderHuys exits Paylogic
NoorderHuys Participaties has sold Netherlands-based ticketing company Paylogic to trade player SFX Entertainment, in a deal valuing the company at $22m.
Graphite purchases Sovereign’s City & County
Graphite Capital has acquired home care provider City & County Healthcare Group from Sovereign Capital.
TDR reaps £145.2m on Phoenix share sale
TDR Capital has sold 22 million shares of listed insurance consolidator Phoenix Group Holdings, raising £145.2m through the partial exit.
KKR's ATU in debt-for-equity swap
The creditors of KKR-backed car servicing chain Auto-Teile-Unger (ATU) have reduced the company's debt burden by €600m in exchange for equity.
Investindustrial sells 49.9% PortAventura stake to KKR
Investindustrial has sold a 49.9% stake in Spanish tourist resort PortAventura to KKR.
TA Associates acquires Cmosis
TA Associates has acquired Cmosis, a Belgian supplier of CMOS image sensors, from venture capital firms PMV and Capital-E.
Palamon reaps 14.6x on Cambridge Education exit
Palamon Capital Partners has sold Cambridge Education Group to Bridgepoint for £185m, generating a 14.6x return.
Dunedin unlocks £90m Kee Safety deal
UK mid-market firm Dunedin has backed the £90m management buyout of Kee Safety, buying its stake from LDC.
Seventure exits Retailo
Seventure Partners has divested gift card retailer Retailo to Blackhawk Network, a provider of prepaid payment products.
HIG sells Aircom
HIG Capital has sold Aircom to Teoco, a US-based provider of analytics and optimisation solutions for communication services providers.