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Official Record

Cocktail ingredients
Apax Partners, UI Gestion et al. back Routin SBO

Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer

  • Buyouts
  • 11 December 2019
Money raised in euros
DBAG launches DBAG Fund VIII

Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020

  • Funds
  • 10 December 2019
Bags and accessories
Invision buys stake in Reisenthel Accessoires

GP will take a majority stake, with the Reisenthel family as minority shareholders

  • Buyouts
  • 10 December 2019
Coding and software
Horizon acquires Ascent and TechHuddle for £30m

Horizon expects to merge the two IT services providers to create a business with 300 developers

  • Buyouts
  • 10 December 2019
Fire damage and housing repairs
Agilitas sells Recover Nordic to EQT

EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018

  • Exits
  • 10 December 2019
Cattle farming and animal husbandry
Paine Schwartz invests in Warburton

Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014

  • Buyouts
  • 10 December 2019
Books and literature
VR Equitypartner acquires stake in Bookwire

GP aims to grow the company's client base and international operations via the minority stake investment

  • Buyouts
  • 10 December 2019
Doctor's prognosis
Main Capital's SDB Groep buys Competence Group

GP bought SDB in Q2 2018 with the intention to pursue a buy-and-build strategy

  • Benelux
  • 10 December 2019
Spanish fund closes and launches
Suma holds €65m first close for second growth fund

Fund invests in Spanish companies with high-growth potential and generating EBITDA of at least €2m

  • Funds
  • 10 December 2019
Telecommunications infrastructure
Equistone-backed WHP Telecoms acquires Sitec

Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI

  • Expansion
  • 10 December 2019
Hospital beds and medical supplies
NorthEdge sells DHG to ArchiMed for 3x return

During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus

  • Buyouts
  • 10 December 2019
Gym workouts and exercise facilities
Waterland-backed Hansefit combines with BFNL

Merger of German and Dutch peers will result in a client base of 3,500 companies

  • Portfolio management
  • 09 December 2019
Money raised in euros
BlackFin closes third buyout fund on €985m

Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016

  • Funds
  • 09 December 2019
Data storage
Afinum acquires Fast LTA

GP will support the Munich-based software company's growth by broadening its product offering

  • Buyouts
  • 09 December 2019
Ewe is a utilities company
Ardian buys 26% stake in EWE

Ardian secured the asset following an auction process that included Macquarie and Allianz

  • Buyouts
  • 09 December 2019
Construction vehicles and excavators
NVM invests £11.6m in King Construction

NVM drew equity from its third-generation fund, which closed on £142m in November 2018

  • Buyouts
  • 09 December 2019
Financial technology companies
TA-backed List acquires IT Software

List plans to broaden its product portfolio, boost its market position and expand internationally

  • Portfolio management
  • 09 December 2019
Conference speakers
Apiary invests in Roar Techmedia

Unquote understands the entry multiple for the trade events company was 6-8x EBITDA

  • Buyouts
  • 09 December 2019
Industrial cooling machines
Chequers Capital buys air conditioning specialist MTA

Management team reinvests alongside the GP and retains a minority stake in the business

  • Buyouts
  • 09 December 2019
Lamp posts and street lighting
WestBridge invests £12.8m in Aptus Utilities

Aptus Utilities has also received financing from OakNorth Bank as part of this transaction

  • Expansion
  • 06 December 2019
Security services and CCTV operators
ACG Management et al. back ADN Protection MBI

Soprome and BTC Capital also back the takeover of the security services company

  • Buyouts
  • 06 December 2019
African students and scholarship programmes
VCs in £7m round for Perlego

Perlego offers access to online textbooks for a subscription fee of £12 per month

  • Expansion
  • 06 December 2019
Creative agencies and marketing teams
Altor backs Curamando, creates digital marketing group

GP deploys capital from Altor Fund V, which closed on its €2.5bn hard-cap in February 2019

  • Expansion
  • 06 December 2019
Smartphones and social media
Idinvest leads $50m round for Ogury

Idinvest is currently investing from its €350m vehicle, which held a final close in October 2019

  • Expansion
  • 06 December 2019
175 176 177
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