PRINT THIS PAGE Bridgepoint makes fifteenth exit of the year with secondary sale of HMY21/12/2004. Source: AltAssets. 
 Bridgepoint, the European mid-market specialist, has exited its fifteenth portfolio company of the year with the secondary sale of Hermes Meal Yudigar to private equity firm Sagard for an indisclosed sum. The realisation means Bridgepoint has now returned more than €700m to its investors this year.
HMY designs, produces and supplies shelving systems to the food and non-food retail sectors. Bridgepoint backed the company in April 2000 and went on to build up the business with the acquisition in Spain of Yudigar.
Bridgepoint has also invested in eight new transactions this year, making it one of the most active pan-Europeans in the market. It is expected to raise a new fund in 2005.
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