Abris CEE Mid-Market II LP fund, managed by Abris Capital Partners,
is to sell its stake in Cargounit, an independent locomotive lessor in Poland, to Three Seas Initiative Investment Fund (advised by Amber Infrastructure Group).
Funds advised by Equistone Partners Europe (Equistone) are to sell their majority stake in Group of Butchers, a manufacturer and supplier of artisanal specialty meat products based in Tilburg in the Netherlands, to Dutch investment firm Parcom Private Equity (Parcom).
Mid-market private equity investor Livingbridge has agreed the sale of Ten10, a leading independent quality engineering and software testing consultancy, to Graphite Capital.
Mid Europa Partners, a private equity investor focused on Central and Eastern Europe, is to sell 24 per cent of the issued share capital in Waberer’s International Nyrt (Waberer’s) to Trevelin Holding Zrt (Indotek).
Mid-market private equity firm LDC has exited its investment in workforce management software specialist Mitrefinch to Advanced.
Innova Capital, a Central European private equity firm, has sold its entire stake in logistics operator PEKAES to sector player GEODIS of France. The transaction is subject to regulatory approvals.
Private equity house, Key Capital Partners (KCP) has exited its investment in Sparta Global by way of a secondary buy-out funded by Inflexion Private Equity Partners. The transaction gives KCP a near 7x return on its original investment.
AUA Private Equity Partners (AUA Private Equity) has sold Indulge Desserts Holdings (Indulge Desserts) to Emmi Group (Emmi), a publicly-listed Swiss milk processor which dates back to 1907 when it was founded by 62 dairy farming cooperatives around Lucerne.
Though external economic headwinds due to the coronavirus pandemic persisted in the third quarter, venture capital (VC) exit activity saw a major uptick, achieving the second highest exit values on record, according to the PitchBook-NVCA Venture Monitor, a quarterly report on VC activity jointly produced by PitchBook and the National Venture Capital Association (NVCA).
Independent infrastructure investment manager Ancala Partners (Ancala), on behalf of its managed funds, has sold its majority interest in Fore Freedom for an undisclosed sum to funds managed by HRL Morrison & Co.