Official Record
Advent buys IRCA in SBO from Carlyle
Bakery ingredients firm has a reported EV of EUR 1bn and is expected to post 2022 EBITDA of EUR 75m
Silverfleet exits Prefere Resins in SBO to One Rock
Concerns about Russian exposure and raw materials costs surfaced in the sale process, Mergermarket reported
EMZ acquires FotoFinder Systems
EMZ is acquiring a majority stake in the medical imaging company via EMZ 9, which is 80% deployed
SEB Private Equity sells Norcospectra to Accent
Commercial interiors business is expected to expand via add-ons and develop its digital offering
MPEP holds EUR 215m interim close for fourth PE fund
GP expects to reach its EUR 300m target for Munich Private Equity Partners IV by summer 2022
Novo-backed ReViral acquired by Pfizer
The British biotech company is also backed by CR-CP, New Leaf, Andera Partners, and OrbiMed, among others
Phoenix exits Forest Holidays for 3x money
Buyer is Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge
H2 Equity exits premium logistics group Cadogan Tate to TSG
US sponsor plans to use acquisitions to expand the London-headquartered company abroad; management will retain minority stake
Gimv forms digital marketing agency Olyn
Company is built through four assets; will pursue further acquisitions locally and abroad
Inflexion sells Marley for 3.5x, 58% IRR
Sale to listed construction firm Marshalls values the roofing tile specialist at GBP 535m
Accent exits Motum to Mitsubishi Electric
Sale of Swedish elevator services group marks the 12th exit from the Accent Equity 2012 fund
Kempen reaches EUR 245m final close for second PE fund
Fund has made two co-investments and five partnership deals so far, Kempen's Sven Smeets told Unquote
JamJar closes second fund on GBP 100m
JamJar Fund II is the consumer technology-focused first fund with institutional investor backing
Nordic forms Bilthouse through mortgage broker acquisitions
The GP will merge Baufi24, Hüttig & Rompf and Creditweb to form new company; deal made through Nordic Capital X
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
Access holds EUR 375m first close for ninth flagship fund
Managing partner Philippe Poggioli speaks to Unquote about the Access Capital Partners' small-cap buyout fund-of-funds strategy and the GP's latest fundraise
Nordwind reaches first close for debut technology fund
GP has been making technology investments deal-by-deal since 2012 and is now raising a EUR 160m fund
Main Capital creates software group enventa after four DACH deals
With EUR 25m in combined revenues, new buy-and-build platform will focus on ERP, business intelligence and financial solutions
Epiris acquires Inchcape Shipping Services in SBO
Deal for London-based maritime services provider marks the 10th investment by Epiris Fund II
Segulah sells NVBS Rail Group to Ratos
Exit sees NVBS acquire Finland-based Ratatek; the group's EV is EUR 103m with a 9.4x EBITDA multiple
KSL Capital acquires Pig Hotels
Travel and leisure-focused GP plans to expand the boutique hotel chain across the UK with acquisitions and development
Ufenau VII closes on EUR 1bn hard-cap
Switzerland-based buy-and-build specialist plans to make 13-15 platform deals from the fund
Findos exits Karriere Tutor to Trill Impact
The GP has sold the German digital training provider just a year after entry; fifth platform deal for Trill Impact
Hg invests in EQT, TA backed IFS and WorkWave
EQT VIII exits majority of its positions and reaps 3x money after two years invested in the cloud software companies