Central and Eastern Europe private equity fund Innova Capital has sold its 27 per cent stake in Wirtualna Polska Holding for PLN50 per share. In 2014 the Innova Capital fund financed the acquisition of Wirtualna Polska from Orange Polska and its merger with the o2 Group.   The purpose of

YFM Equity Partners has sold its investment in GO Outdoors, the outdoor clothing and equipment retailer, to JD Sports Fashion in a GBP130 million deal. The sale, together with the partial realisation in 2011, means that YFM has achieved close to 40x its original investment, with a GBP23 million total

Gide has advised Rivadis Group, which specialises in cosmetics, on the sale to L'Oréal of the Société Thermes de Saint-Gervais-les-Bains, which operates the Saint-Gervais-les-Bains spa establishment as part of a public service delegation contract, and of its cosmetics and skincare production and commercialisation business, under the brand name Saint-Gervais Mont-Blanc.

Omnes Capital is selling its stake in Nomios to Infradata Group, a network and security integrator in the Benelux region owned by Waterland Private Equity. The deal involves founding director Sébastien Kher, the company’s managers and the funds managed by Odysée Venture.   Omnes acquired a stake in Nomios in

Baird Capital has sold its portfolio company Watkins Hire to Carrier Rental Systems (UK). The terms of the transaction have not been disclosed.   Founded in 1998, Watkins is a provider of industrial and commercial heating and cooling equipment rental services. Watkins supplies heaters, steam and water boilers, fuel tanks,

Activa Capital and Paluel-Marmont Capital are selling their stake in Gaz Europeén to DCC, a shareholder of Butagaz since 2015. Following the acquisition of an equity interest and a capital increase in December 2013, Activa Capital and Paluel-Marmont Capital have been accompanying the development of Gaz Européen as shareholders alongside

LeapFrog Investments, a private equity investor in emerging markets, has made a partial exit from IFMR Capital, a provider of capital market access to financial institutions that serve low-income consumers. The exit is part of a wider deal in which Eight Roads Ventures, the proprietary investment arm of Fidelity International,

Smartrac, a portfolio company of private equity firm One Equity Partners (OEP), is to sell its Secure ID & Transactions business to the Linxens Group. The transaction is subject to regulatory approval and other customary closing conditions.   OEP has helped support Smartrac to grow into the largest global player

Law firm Howard Kennedy has advised Impressario Festivals on the sale of its four festivals – Rewind, Boardmasters, Field Day and SouthWestFour – to media and entertainment group Global. The sale of the four festivals was completed in early October 2016 and will effectively double shareholder value for the original

IK Investment Partners is to sell Axtone Group, a manufacturer of components for railway industry, to ITT, a US manufacturer of components and technology solutions for the energy, transportation and industrial markets. Financial terms of the transaction have not been disclosed.   Axtone is a European manufacturer of buffers, draw-gear