Official Record
HIG buys Travis Perkins' P&H in £325m deal
GP plans to use its experience in specialised distributors to support the plumbing and heating firm
Procuritas sells Sofa Company to trade
Deal implies a return of 6x for the GP, a source familiar with the deal told Unquote
Sequoia leads €700m series-C round for Trade Republic
Funding brings the total amount Trade Republic has raised to €772m
Cinven sells Chryso to Saint-Gobain for €1bn
Sale ends a four-year holding period for Cinven, which acquired the company from LBO France via Cinven VI
PE-backed Oatly lists in $10bn IPO
Company's share price surges by more than 30% to $22.74 during initial trading
Castik transfers Waterlogic to €700m single-asset fund
Vehicle acquires a majority stake in Waterlogic from Castik's €1bn first fund Epic I
Finatem launches Finatem V
Finatem V has a €150m target and will continue the GP's DACH small- and mid-cap focus
Finatem's HGears lists with €270m market cap
GP will retain a 30% stake in the gears and components producer, reaping 6x money and 25% IRR
Kartesia Credit Opportunities Fund V hits €1.5bn hard-cap
Fund provides flexible and bespoke credit solutions to lower-mid-market European companies
Novo, HBM lead CHF 100m round for Numab
New investors in the round include Forbion, which is participating via its Growth Opportunities fund
TCV leads $150m series-B round for SaaS company Cognite
Shareholders in the company include Aker, Accel and TCV, with Aker owning a majority 50.5% stake
Macquarie buys Wavenet from Beech Tree
Macquarie intends to boost the company's growth and provide a renewed focus on strategic acquisitions
Alcedo exits Swisscare to Nahrin
Sale ends a five-year holding period for Alcedo, which acquired a 55% stake in Swisscare from its founders
CapMan Growth, Mandatum Private Equity invest in Sofigate
Institutional investors own a little less than one-fifth of Sofigate, while employees and company founder own the rest.
Palatine sells TTC Group to management
TTC had reportedly been affected by the lockdowns caused by the pandemic
LGT raises $6bn across two secondaries funds
LGT's $1.5bn CSSO II and its $4.5bn CGS V vehicles will target a range of secondaries deals
EQT's Suse lists in €5bn IPO
GP acquired the open source software from listed Micro Focus for $2.535bn in 2018
Blue Equity holds first close on €78m for third fund
Latest fund will focus on acquiring majority and minority stakes in Danish B2B companies with revenues of DKK 50-250m
IGI buys OME Group
GP invests in the company via IGI Investimenti Sei, which held a €170m final close in July 2020
Neuberger Berman launches ELTIF
Fund focuses on buyout opportunities blended with some growth and structured equity
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
EQT’s Suse sets share price for €5bn IPO
Listing of the open-source enterprise software business is expected on 19 May 2021
Endless's Enact carves out Jost's Edbro
Hydraulic cylinder producer is the third deal of 2021 from the GP's Enact strategy
BaltCap sells Ecoservice to PE-backed Eco Baltia
BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m