Dunedin Enterprise Investment Trust plc (the ”Company”) is pleased to announce that it has sold its entire investment in SWIP Private Equity Fund of Funds II plc (“SWIP PEF”) to a number of third parties for an aggregate cash consideration of EUR 17,372,000, equivalent to approximately GBP 14.55 million. This consideration equates to a 8.0% discount [...]
KBC Private Equity, the PE arm of the Belgian bank KBC Group, has sold its investment in high-speed door maker Dynaco to Swedish door solutions company Assa Abloy – a global leader in Industrial roll-up doors. The deal is estimated between EUR 75 million and EUR 125 million and is expected to close by H1, [...]
Funds advised by CVC Capital Partners (“CVC”) announced the sale of their majority stake in Taminco, the world’s largest producer of alkylamines and derivatives to affiliates of Apollo Global Management (“Apollo”). Apollo, a global private equity firm, will support Taminco’s continued growth, based on the company’s strategy which is focused on customer commitment, product innovation, [...]
Swedish private equity firm EQT is planning to sell Finnish toilet and bath maker Sanitec, a deal that could fetch around 1 billion euros, and has hired UBS to advise on the process, sources familiar with the matter said on Tuesday. Related Links: Press Release: EQT eyes sale of bath maker Sanitec-sources Investors: [...]
The EQT Opportunity Fund (“EQT Opportunity”) has reached an agreement to sell its shares in German retail chain Strauss Innovation (“Strauss”) to an affiliate of Sun European Partners LLP, the European advisor to Sun Capital Partners, Inc. The minority shareholder, Geringhoff family, will also sell its stake. The value of the transaction is undisclosed. Related [...]
The Riverside Company has realized its investment in Crisis Prevention Institute (CPI). [mpinpage]CPI is the global leader in providing crisis prevention, nonviolent physical intervention and dementia care training to professionals employed in a wide range of environments, including schools, hospitals, mental health clinics and long-term care facilities. The exit of the Milwaukee, Wisconsin-based company generated [...]
Doughty Hanson & Co, one of the largest independent private equity firms in Europe, today announced that it is to acquire ASCO Group, the largest global provider of outsourced logistics services and solutions to the oil and gas (O&G) industry, from Phoenix Equity Partners. ASCO provides oilfield logistics services, co-ordinating the supply of goods destined [...]
Terrawater was founded by Nicolas Heyn, Till Schlickum and Thomas Brendel in 2007. With financial support from High-Tech Gründerfonds the company was able to successfully further develop its technology for modular seawater desalinisation plants using waste heat. Since TAPROGGE ESACO’s initial investment in Terrawater in Autumn 2009, an intensive operational cooperation has developed between the [...]
RJD Partners has sold its investment in TransLinc, the market leader in the provision of specialised vehicles and related services to local authorities and the utilities market, in a trade sale to May Gurney Integrated Services. The transaction values TransLinc at £65.6 million, giving a return to RJD of approximately 2.7x its original investment and [...]
With turnover of €70m and nearly 1,000 employees, Primavista is the French leader in maternity and school photography as well as direct marketing services for young mothers. Primavista, a spinoff of Pixmania (a French e-commerce site), has been backed since March 2007 by LFPI Gestion, which enabled the group to accelerate its development through several [...]
