Official Record/Exits
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
FSN sells Fitness Word to Pure Gym
Buyer has been owned by US buyout house Leonard Green & Partners since late 2017
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Apax Partners, UI Gestion et al. back Routin SBO
Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer
Agilitas sells Recover Nordic to EQT
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018
NorthEdge sells DHG to ArchiMed for 3x return
During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus
EQT exits ITS Learning to trade
Sale ends a six-year holding period for EQT, which bought the company via EQT Expansion Capital II
PAI Partners buys Armacell from Blackstone
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Ardian exits CCC to Telus
Canadian listed telecoms company buys the business for an EV of €915m
Jet Investment exits MSV Metal Studenka
Sale ends a six-year holding period for the GP, which bought the company via its Jet I fund
Albion sells Bravo Inns for £17.9m
Enterprise value of the company represents an entry multiple of 6.8x for the acquirer
Green Arrow buys Poplast from EOS
Green Arrow invests via its third fund, which held a final close on €230.6m in September 2018
IK Investment Partners acquires Ondal from Capvis
Ondal is the GP's third recent medtech acquisition and the 15th investment from IK VIII
Norvestor exits Johnson Metall Finland
Sale ends a 12-year holding period for the GP, which bought the company via its Norvestor IV fund
Elysian to reap at least 3.2x on Pebble IPO
Listing results in a 3.2x return, with the remaining stake currently representing an extra 1.1x
Sovereign to sell Arachas for €250m
Sovereign backed the management buyout of Arachas in 2017 and acquired a controlling stake
Apax France sells Sylpa to ActoMezz-backed management
Sale ends a four-year holding period for Apax France, which owned a stake in Sylpa via Apax Development
Ambienta sells Energy Wave to EQT-backed Antas
Sale ends a two-year holding period for Italian GP Ambienta, which owned a majority stake in Energy Wave
Norvestor sells Cegal to DWS-, Argentum-led consortium
Transaction is made via a special purpose vehicle, Norvestor SPV I, which will own 75-80% in the company
Apax acquires Destiny in SBO
Destiny founders retain almost 30% of shares in the company in the secondary buyout transaction
Idinvest exits Bimedia to trade in €50m deal
Deal ends a four-year holding period for Idinvest Partners, which backed the company alongside Omnes
EQT exits EIS Aircraft to Hannover Finanz
Exit follows the 2018 sale of the group's Aircraft Operations division
DeA Capital's Idea CCR I sells Sinterama to trade
Sale ends a two-year holding period for CCR I, which owned a majority stake in the business
Indaco sells AdmantX to Vista Equity-backed IAS
Following the deal, AdmantX will be integrated within the new group and its brand absorbed under IAS