Equistone Partners Europe and SL Capital Partners have sold their stake in specialist lender Together (formerly Jerrold Holdings) for circa GBP288 million in addition to proceeds received during the life of the investment. The sale is to the founders of the business, which was established in 1974.   Equistone invested

Clearwater International acted as sole financial adviser to Palero Capital on the sale of 100 per cent of the share capital of Lausitzer Analytik (LAG) to SYNLAB, a portfolio company of Cinven. LAG, established in 1993 and headquartered in Spremberg, Germany, is a laboratory testing specialist in fuel, oil and

TorQuest Partners has completed the sale of Global Traffic Technologies (GTT) to Gilbarco. Terms of the transaction have not been disclosed.   GTT provides priority traffic control for public transit and emergency vehicles, with a growing presence in the broader public transit market for solutions that improve public transportation efficiency,

Private equity firm Cinven has agreed to sell SLV Group, a German-headquartered provider of residential and technical lighting, to Ardian for an undisclosed amount. This represents the second successful realisation of an industrials business within the last month, following Cinven’s agreement to sell Italian-headquartered Avio Spazio to Space2 and Leonardo-Finmeccanica

Investec Aviation Finance, a unit of Investec Bank, has sold out of Goshawk Aviation and Goshawk Management Holdings (Manco) to its co-shareholders Chow Tai Fook Enterprises (CTFE) and NWS. Co-investors CTFE and NWS each have increased their respective stakes in Goshawk and Manco from 40 per cent to 50 per

Palamon Capital Partners has agreed the sale of SARquavitae, an elderly care provider in Spain, to HomeVi SAS, a portfolio company of PAI Partners.  The transaction is subject to receipt of antitrust clearance from the European Commission and is expected to close in the first quarter of 2017.    The

Private equity house Key Capital Partners (KCP) has exited its interest in Gear4Music, selling its remaining shares for GBP9 million, which combined with earlier partial exits has generated a five times return on investment. The GBP55 million turnover online musical instrument retailer has seen growth in recent years following KCP’s

Baird Capital’s UK-headquartered BCPE II portfolio company SGX Sensortech has completed the sale of its Air Quality Sensors (AQS) division to US-based Amphenol Corporation. Baird Capital invested in SGX Sensortech in 2012 as part of an investment initiative targeting safety products.   AQS manufactures and supplies advanced gas sensing products

Cinven has agreed the sale of Avio Space Propulsion, an international operator in space launchers and space propulsion, to Space2 and Leonardo-Finmeccanica together with Avio’s management. This represents a full realisation for Cinven from its shareholding in Avio Group.   Cinven originally acquired Avio from Carlyle in December 2006, alongside

Polaris has sold Car-O-Liner, a provider of hardware, software and training to equipment manufacturers and repair shops, to Snap-On. Polaris acquired Car-O-Liner in 2012 and since then the company has developed from being a system provider to being a partner to equipment manufacturers and repair shops all over the world.