Bridgepoint Capital, the pan-European buy-out house, has made its eighth exit so far this year with the sale of Longon Sport, the Italian sports retailer, to Giacomelli Sport, for €76m ($77m).

Bridgepoint has more than tripled its original investment in Longoni. It backed Longoni's management buy-out in 1999, and has since grown the firm to double the number of stores.