Europe deals of the year: private equity

Author: IFLR Correspondent | Published: 25 Apr 2017

The private equity market threw up many complex, gutsy and interesting deals. Among them we saw the creation of the world’s second biggest ice cream maker, novel partnerships between private equity firms and trade acquirers and drama in the listed-funds secondary market.

Private equity firms also broke into new areas, playing high profile roles in distressed asset deals and working though some of the vestiges of the financial crisis. 

BC Partners and PSP Investments/Keter Group

The acquisition of Keter Group by BC Partners and the Public Sector Pension Investment Board (PSP) was the largest LBO ever in Israel, but it is nominated here for its innovative structural features. The transaction included a significant reinvestment by the founders, following a staple finance process that benchmarks the expectations of finance providers.

It included the carve-out of two early-stage businesses, an unprecedented MIP arrangement structured for the global management team...