Mid Europa Partners (Mid Europa) is to sell its holding company which owns 99.8 per cent of Polskie Koleje Linowe (PKL) to the Polish Development Fund (PFR). The transaction, which represents the largest private equity exit in the mountain leisure & tourism sector in Poland, is subject to inter alia

Souter Investments has sold OnniBus.com, a Finnish intercity bus operator, to Koiviston Auto. OnniBus.com was founded by Finnish entrepreneurs Lauri Helke, Petteri Rantala and Pekka Motto in 2012 and quickly became a disruptive influence on the Finnish intercity transport market.   Following growth capital investment from Souter Investments in 2014,

Mid-market private equity investor LDC has completed the sale of Seabrook, the Yorkshire crisp brand, to leading snack brand Calbee (UK) Ltd for an undisclosed sum. LDC backed the management buyout of the business in July 2015 to support its growth. Over the past three years, Seabrook has continued to

Private equity firm IK Investment Partners’ (IK) IK VII Fund is to sell Transnorm Group (Transnorm), a provider of automation technology used in parcel, distribution and e-commerce warehouses, to Honeywell International (Honeywell) for approximately EUR425 million. Founded in 1957, Transnorm has grown to become a global market leader for high-performance

BGF has exited its minority investment in NewVoiceMedia, the market-leading cloud customer contact platform, to NYSE-listed communications provider Vonage Holdings Corp for USD350 million. BGF invested in the London-headquartered business in 2015, joining a round of funding to accelerate NewVoiceMedia’s international growth plans, which was principally focussed on the North

Piper, a UK specialist investor in consumer brands, has exited its investment in Orlebar Brown, the luxury swim and resort-wear brand, to Chanel SA. The terms of the transaction have not been disclosed.   Founded in 2007 by Adam Brown and former business partner Julia Simpson-Orlebar, Orlebar Brown pioneered the

Brazos Private Equity Partners, a Dallas-based private equity firm, has sold BlackHawk Industrial Distribution, an independent value-added industrial distributor of cutting tools, abrasives, and MRO products, to Snow Phipps Group. Financial terms of the transaction have not been disclosed.   Based in Broken Arrow, Oklahoma, BlackHawk was founded by Brazos

SHS Gesellschaft fuer Beteiligungsmanagement, MBG Baden-Württemberg and VC Fonds BW announced that SHS has sold its shareholding in Emerging Implant Technologies (EIT), a manufacturer of 3D-printed titanium interbody implants for spinal fusion surgery, to Johnson & Johnson Medical. SHS became EIT’s lead investor in September 2016 and has supported the

Mid-market private equity investor LDC has completed the sale of fume extraction and filtration specialist BOFA International (BOFA) to NYSE-listed Donaldson Company, a worldwide manufacturer of filtration systems and parts. Donaldson has agreed to acquire an 88 per cent stake in BOFA for GBP79 million, valuing the business at GBP90

Council Capital, a healthcare-focused private equity firm based in Nashville, has sold Adva-Net, the first investment by Council Capital III, to Paradigm Outcomes. Terms of the transaction have not been disclosed.   Adva-Net, the nation’s leading ancillary network for high-acuity workers’ compensation claims for pain management, post-acute care and addiction