Exits

The sale of 25m shares in the Swedish cable TV operator delivers a 2.2x return to BC’s investors.

The firm will take shares in new owner Eventbrite to capitalise on future growth.

The fund attracted investor interest in excess of £7bn.

The $929m deal will generate an IRR of 68% for investors in Bridgepoint’s fifth fund, it is understood.

The Nordic direct secondaries firm had built up a 55% stake in Movimento, which counts GM, Fiat Chrysler and Volvo among its customers.

Bowmark and Five Arrows have sold Autodata, while Graphite has sold Micheldever Tyre Services.

Private Equity International wishes you a safe and prosperous New Year.

Secondaries firm Coller Capital backed Irving Place Capital to add five years to its third fund and offer an attractive package to LPs.  

This year was a rollercoaster year punctuated by uncertainty related to geopolitical events, while the US private equity market saw elevated valuations and increasing dry powder.

KKR is close to selling capsule maker Capsugel to Swiss drug maker Lonza for more than $5bn.