Mid-market private equity firm LDC has exited its investment in Lucid Group, the international multi-capability healthcare communications group, to alternative asset manager ICG, following a significant period of growth. London-headquartered Lucid Group provides medical education and communication, strategic consultancy and digital services to its clients through an integrated group of

Funds advised by Equistone Partners Europe (Equistone) are to sell their majority stake in Oikos Group, a European provider of prefabricated houses, headquartered in Schlüchtern, Germany, to West Street Capital Partners VIII, a fund managed by Goldman Sachs.  Equistone acquired Oikos Group – consisting of the brands Bien-Zenker, Hanse Haus

Concentric Equity Partners announced the sale of Environmental Pest Service (EPS), the holding company for regional Southeast US pest control brands Arrow Environmental Services and Bug Out Service, to Rentokil North America.  The sale of EPS marks the end of a decade-long journey building a single-office, local operator into a

Circularity Capital, a private equity firm supporting growth stage European SMEs in the circular economy, has sold its portfolio company ZigZag Global Limited (ZigZag) to Global Blue Group (Global Blue), a specialist in Tax-Free Shopping and Added Value Payment Services. ZigZag is a multi-award-winning SaaS platform enabling retailers to reduce

Kerogen Capital (Kerogen) is to sell Zennor Petroleum Limited (Zennor) to NEO Energy Upstream UK Limited (NEO) and HitecVision for a total consideration of up to USD625 million, including deferred and contingent payments.  The transaction completion is subject to customary regulatory approvals.   Since Kerogen’s initial investment in 2015, Zennor

Livingbridge, a UK-based leading mid-market private equity investors, has sold disguise, a specialist in Extended Reality (xR1) technology, to The Carlyle Group.  Livingbridge is re-investing alongside management. Terms of the transaction have not been disclosed. Founded in 2000, disguise is a technology platform which enables creatives and technologists to imagine,

HGGC, a middle-market private equity firm, has sold Dealer-FX, a specialist provider of customer experience and process automation software for automotive retailers and OEMs, to Snap-on Incorporated, an S&P 500 company and manufacturer and marketer of tools, equipment, diagnostics and information solutions for professionals in automotive repair and other critical

Clayton, Dubilier & Rice (CD&R) is to sell its portfolio company Capco, a global management and technology consultancy, to Wipro Limited, a leading global information technology, consulting and business process services company. The transaction, expected to close in the second quarter of 2021, is valued at USD1.45 billion. London-headquartered Capco

Kennet Partners Limited (Kennet) and Goldman Sachs Growth Equity (Goldman Sachs) are to sell their co-owned portfolio company, Nuxeo, a content services platform and digital asset management (DAM) provider.  to Hyland Software. Kennet and Goldman Sachs are expected to make a five-times return on their investment in Nuxeo.   Kennet