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Official Record

Olives and other assorted tapas
PAI acquires LDC's Addo Food and Equistone's Winterbotham Darby

Both management teams have reinvested and operations will continue to be run separately

  • Exits
  • 10 November 2020
Emergency funds for portfolio companies
Värde Dislocation Fund closes on $1.6bn

Fund has a global mandate to pursue a mispriced, stressed and distressed credit

  • Funds
  • 10 November 2020
Tier is a scooter rental service
SoftBank leads $250m round for Tier Mobility

VCs including Mubadala Capital, Northzone and RTP Global also back the e-scooter startup

  • Expansion
  • 10 November 2020
Insurtech services and software
EQT sells Tia Technology to trade

GP is selling the company for $78m in cash on a fully diluted basis, six years after acquiring it

  • Exits
  • 10 November 2020
Call centres and outsourcing firms
LDC sells Babble to Graphite for £90m

LDC retains a minority stake in Babble, while the management team is reinvesting some of its proceeds

  • Exits
  • 10 November 2020
Fish markets and fishing
PAI acquires Angulas Aguinaga from Portobello

PAI invests in the company via its PAI Mid-Market Fund, which recently held a €500m first close

  • Buyouts
  • 09 November 2020
Arigato is a fashion designer
Eurazeo Brands buys majority stake in Axel Arigato

GP will own the company alongside its founders, Max Svärdh and Albin Johansson

  • Expansion
  • 09 November 2020
Elderly healthcare and nursing homes
Agilitas sells Exemplar to Ares Management

Sale ends a four-year holding period for Agilitas, which backed the company via its Agilitas 2015 Private Equity Fund

  • Buyouts
  • 09 November 2020
Computers and IT equipment retailers
Bertel O Steen Kapital buys partial stake in ITVerket

Computer services company expects to generate a turnover of NOK 170m (€15.6m) in 2020

  • Nordics
  • 09 November 2020
Wastewater treatment
Quadriga-backed Scio buys Bilfinger GreyLogix Aqua

Industrial automation company has made three add-ons in 2020 as part of its buy-and-build strategy

  • Portfolio management
  • 09 November 2020
Business consultants and strategy advisers
Apiary invests in Radiant

Radiant's management team will be led by Peter Mann as chairman and CEO Simon Cogman-Hellier

  • Buyouts
  • 09 November 2020
Fundraising in euros
All Iron Ventures I closes on €66.5m

Fund invests in innovative B2C companies, primarily marketplaces, e-commerce specialists and SaaS startups

  • Funds
  • 09 November 2020
Paving slabs
Crédit Mutuel Equity et al. invest €75m in Chausson Matériaux

Irdi Soridec Gestion, BNP Paribas, Grand Sud-Ouest Capital and Idia Capital also invest

  • Expansion
  • 09 November 2020
Dog and cat food producers
ECI sells MPM to 3i for £170m

Other sponsors involved in the process included Livingbridge and Graphite Capital

  • Buyouts
  • 09 November 2020
Exams and test papers
Riverside sells Swedish Education Group for €18m

GP exits the business nine years after acquiring it via its 2008 fund Riverside Europe Fund IV

  • Exits
  • 09 November 2020
Land survey devices
Apse buys TerraQuest for £72m

Apse Capital typically backs European tech-enabled SMEs with an enterprise value of €50-200m

  • Buyouts
  • 09 November 2020
Photo by Stephen Vaughan copyright 2017 Alcon Entertainment LLC. All Rights Reserved
Aleph, Crestview back Framestore's acquisition of C3M

The two GPs in 2014 formed a €1.2bn strategic alliance to invest in companies based in the UK and Europe

  • Buyouts
  • 06 November 2020
Hovis sells bread
Endless buys Hovis from Gores, Premier Foods

Endless invests in the business via its Endless Fund IV, which closed on £525m in December 2014

  • Buyouts
  • 06 November 2020
Road accident insurance and legal advice
Hg exits Eucon to trade

Sale ends a four-year holding period for Hg, which backed the company via its Mercury Fund

  • Exits
  • 06 November 2020
Financial data software
Andera, Capza reinvest in Octime in minority SBO

Andera (then EdRip) acquired a majority stake in the business along with management in 2016

  • Buyouts
  • 06 November 2020
Street cleaners and other urban facilities management
IK Investment carves out Alba from Alba Baving Group

GP is deploying equity from the IK Small Cap II fund, which closed on its hard-cap of €550m in February 2018

  • Buyouts
  • 06 November 2020
Fundraising in euros
Taste of Italy 2 closes on €330m

Taste of Italy 2 will invest in companies specialised in the food and beverage sector, across its entire value chain

  • Funds
  • 06 November 2020
Fireproofing products and safety systems
Chiltern backs Inciner8 buyout

Chiltern is an evergreen investor that provides equity cheques of £3-15m

  • Buyouts
  • 06 November 2020
Corporate management meetings
GHO, co-investors complete Envision deal

Ardian and GHO started exploring options for the sale of Envision in May, with a deal struck in July

  • Buyouts
  • 06 November 2020
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