Buyouts
Latour sells Atlas For Men to Motion Equity
Vendor owned the French menswear retailer for just three years; buyer participated in 2019 auction
The Bolt-Ons Digest – 28 April 2022
Unquote’s selection of the latest add-ons featuring Capiton’s Wundex, EQT’s Cerba Healthcare, Thoma Bravo's Sophos, and more
LGT sells Batisanté to IK Partners
New owner investing via Fund IX; looks to grow the company organically
Oaktree exits Ascot Lloyd to Nordic Capital
New owner is acquiring the UK-based independent financial advisor via Nordic X
Progressio exits Save the Duck to L'Occitane bosses
New owners pre-empted sale process for the Italian animal-free clothing brand; deals marks the second exit by Progressio’s Fund III
Inflexion acquires CDMO Upperton
The GP has invested in the British CDMO via its Enterprise Fund V
Volpi exits Version 1 to Partners Group
The Jefferies-led auction also saw Apax, OTTP, Cinven and Bain compete for the Irish IT solutions group
Lonsdale buys infrastructure consultancy Infrata
Deal for London-based firm marks the second investment made outside the GPтs buyout fund, which closed investment period last year
GBL bags second healthcare asset this week with SBO of Sanoptis
Vendor Telemos to fully exit DACH eye clinics operator following auction that also saw ICG and Ares compete for the asset
KKR makes USD 15bn approach for Ramsay Health Care
European operations of Australia-listed hospital group account for EUR 760m EBITDA
Bowmark buys workflow automation provider WSD
GP will seek to expand London-based companyтs product development and grow in North America, Europe and Asia
GBL acquires Affidea from B-Flexion
Formerly known as Waypoint, vendor is fulling exiting the pan-European outpatient group; new owner will invest EUR 1bn in equity
The Bolt-Ons Digest – 19 April 2022
Triton's All4Labels; Committed's MR Marine; Goldman Sach's Advania; Main Capital's Perbility; and more
Investindustrial sells Neolith to CVC VIII
During Investindustrial tenure Neolith posted EUR 145m in revenues in 2021 and an EBITDA CAGR of approximately 20%
IK Partners sells Recocash to Qualium Investissement
Deal marks the third exit from IK Small Cap II, which is at least 93% deployed
Advent buys IRCA in SBO from Carlyle
Bakery ingredients firm has a reported EV of EUR 1bn and is expected to post 2022 EBITDA of EUR 75m
Silverfleet exits Prefere Resins in SBO to One Rock
Concerns about Russian exposure and raw materials costs surfaced in the sale process, Mergermarket reported
EMZ acquires FotoFinder Systems
EMZ is acquiring a majority stake in the medical imaging company via EMZ 9, which is 80% deployed
SEB Private Equity sells Norcospectra to Accent
Commercial interiors business is expected to expand via add-ons and develop its digital offering
Bridgepoint in exclusivity to acquire G Square's Dentego
Mergermarket reported that sponsors including Ardian, BC, Eurazeo and IK showed interest in the asset
Scout24 eyed by buyout groups including H&F, EQT, Permira
The downward trend in its share price has put the German real estate marketplace back on the radar of cash-rich sponsors
H2 Equity exits premium logistics group Cadogan Tate to TSG
US sponsor plans to use acquisitions to expand the London-headquartered company abroad; management will retain minority stake
Gimv forms digital marketing agency Olyn
Company is built through four assets; will pursue further acquisitions locally and abroad
Nordic forms Bilthouse through mortgage broker acquisitions
The GP will merge Baufi24, Hüttig & Rompf and Creditweb to form new company; deal made through Nordic Capital X