Palamon to acquire Business School24, Il Sole24 Ore’s education and training unit
Palamon Capital Partners, a pan-European growth investor, announces that it has signed an agreement to acquire Business School24 SpA the education and training unit of Il Sole 24 Ore S.p.A, Italy's leading business newspaper.
Palamon closes €550 million sale of SARquavitae for 3.0x return
Palamon Capital Partners has completed the sale of SARquavitae, the leading elderly care provider in Spain for €550 million. Palamon sold SARquavitae’s operating business to GeriaVi, which holds Geriatros, another leading player in the Spanish elderly care market, and is a subsidiary of DomusVi for €440 million.
Palamon acquires leading international sock brand, Happy Socks
Palamon Capital Partners, a pan-European growth investor, has acquired a majority stake in Happy Socks, a leading international brand of design socks. The transaction values Happy Socks at SEK 725 million, with SEK 40 million of growth capital being injected to support the continued expansion of the business, leading to a SEK 765 million post-money enterprise value.
Palamon agrees sale of SARquavitae for a 3.0x return
Palamon Capital Partners has agreed the sale of SARquavitae, one of the leading elderly care providers in Spain, to HomeVi S.A.S. 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 sale will result in an investment return of 3.0x for Palamon.
Palamon agrees sale of Eneas for a 3.3x return
Palamon Capital Partners, a pan-European growth investor, has agreed the sale of Eneas Group to Norvestor Equity for an undisclosed amount. The sale will bring total proceeds to NOK 750 million (approximately €80 million), representing a 3.3x return on invested capital. The transaction is expected to close in August 2016, subject to regulatory approvals. Full terms of the sale were not disclosed, however, following the transaction the Company will continue to be led by CEO and Founder, Thomas Hakavik.
Palamon completes £20 million funding round for Feelunique.com to fund European expansion
Palamon Capital Partners, a pan-European growth investor, today announced that it has completed a £20 million funding round alongside two co-investors for portfolio company Feelunique.com, the largest pure-play online retailer of premium beauty products in the UK.
Palamon to net 13x return on Towry exit
Palamon Capital Partners has agreed the sale of Towry to Tilney Bestinvest for £600 million, subject to regulatory approvals. The sale will result in total Sterling investment returns for Palamon of 13 times invested capital.
Palamon acquires The Rug Company
Palamon Capital Partners, a pan-European growth investor, has acquired a majority stake in The Rug Company from its founders Christopher and Suzanne Sharp, who will continue to hold a significant stake in the Company, and minority shareholder Piper. The terms of the transaction were not disclosed.
Palamon and Credit Suisse complete innovative liquidity transaction
Palamon Capital Partners, a pan-European growth investor, today announces the completion of an innovative funding transaction resulting in five top-tier investors purchasing stakes in prior Palamon funds from a number of existing limited partners and committing capital to a new vehicle investing alongside Palamon Auxiliary Partnership 2013, L.P.
Palamon and Corsair Capital to acquire Currencies Direct
Palamon Capital Partners, a pan-European growth investor, and Corsair Capital, a leading private equity investor in global financial services, today announced an agreement to jointly acquire control of Currencies Direct, a leading specialist provider of foreign exchange (“FX”) and international payment solutions to private and corporate clients. The transaction value exceeds £200 million.
Palamon invests in Il Bisonte
Palamon Capital Partners, a pan-European growth investor, announces that it has invested in Il Bisonte, a high quality Italian luxury leather accessories brand. The terms of the transaction were not disclosed.
Palamon Capital Partners sells POLIKUM to SANA
Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has agreed the sale of POLIKUM GmbH, a German operator of outpatient health clinics (OHCs) to SANA, a leading private-sector hospitals operator in Germany.
Palamon agrees to sell Retail Decisions for $205 million
Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has agreed the sale of Retail Decisions (“ReD”) to ACI Worldwide for $205 million, subject to regulatory approvals. The sale will result in total Sterling investment returns for Palamon of 2.5 times invested capital.
Palamon exits from Prospitalia for a 3.0x return
PS S.à r.l. which is majority-owned by the funds managed by Palamon Capital Partners, has successfully disposed of its investment in PS TopCo GmbH to an undisclosed investor. PS TopCo GmbH is a parent of Prospitalia GmbH. Palamon is one of Europe’s leading mid-market private equity firms and, over the term of its investment in PS S.à r.l., has generated a return of 3.0x on capital invested.
Palamon wins multiple awards for 14.6x Cambridge Education exit
Palamon Capital Partners has received recognition in the private equity industry’s leading awards for its investment in Cambridge Education Group.