Buyouts
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
CVC dribbles past Silver Lake, Oaktree, H&F to score Ligue 1 deal
Deal for 13% in French football league commercial arm will add to sponsor's collection of sports assets
Main Capital creates software group enventa after four DACH deals
With EUR 25m in combined revenues, new buy-and-build platform will focus on ERP, business intelligence and financial solutions
Reckitt Benckiser baby nutrition carve-out likely to attract sponsors
Goldman Sachs is advising on the process for the infant formula maker, which could be valued at GBP 6bn
Epiris acquires Inchcape Shipping Services in SBO
Deal for London-based maritime services provider marks the 10th investment by Epiris Fund II
The Bolt-Ons Digest – 1 April 2022
NorthEdge's Correla; LDC's Omniplex; QPE's Encore; Cinven's Barentz, Tenzing's Jeffreys Henry, and more
Segulah sells NVBS Rail Group to Ratos
Exit sees NVBS acquire Finland-based Ratatek; the group's EV is EUR 103m with a 9.4x EBITDA multiple
KSL Capital acquires Pig Hotels
Travel and leisure-focused GP plans to expand the boutique hotel chain across the UK with acquisitions and development
Findos exits Karriere Tutor to Trill Impact
The GP has sold the German digital training provider just a year after entry; fifth platform deal for Trill Impact
Hg invests in EQT, TA backed IFS and WorkWave
EQT VIII exits majority of its positions and reaps 3x money after two years invested in the cloud software companies
Summit buys 18 Week Support
Deal for UK-based NHS insourcer confirmed by March 25 Companies House filing; buyout follows Houlihan Lokey-led auction launched last year
IK Partners invests in Sitevision
IK Small Cap III will hold minority stake while founders will reinvest and remain majority owners
CVC sells Theramex to Carlyle, PAI for GBP 1.2bn
CVC acquired the women's health pharmaceutical business in a USD 703m carve-out in 2017
Equistone sells Team ITG to Bridgepoint
GP to rejoin the marketing activation business as minority shareholder via its dedicated Reinvestment Fund
Livingbridge buys Nourish Care Systems
GPтs investment will aim to further develop the UK-based provider of digital care planning software to the social care sector
Carlyle to sell Hunkemöller to Parcom, Opportunity
GP will exit majority stake in the Dutch lingerie brand and reinvest as minority shareholder
Altor Equity acquires minority stake in Svea Solar
GP becomes lead investor in the Swedish cleantech with purchase of all shares owned by Axel Johnson-backed Axsol
Exponent sells Enra to Elliot Advisors
Exit reportedly values the UK-based specialist mortgage finance provider at more than GBP 350m
Limerston Capital buys Largo Leisure in first Fund II deal
Deal also marks the new fundтs first closing; GP to seek bolt-ons for the Scotland-based holiday park operator
Palatine buys significant minority stake in Cura Terrae
GP becomes the single largest shareholder in the newly created UK-based environmental services group
DBAG acquires Akquinet
Listed German GP said in a statement that it has now invested in five IT service businesses to date
DiliTrust backed by Eurazeo, Cathay, Sagard Newgen in EUR 130m deal
Transaction will see Calcium Capital exit the French corporate governance services provider; Eurozeo to contribute with EUR 52m
Advent acquires minority stake in Medius
Marlin Equity is reinvesting with a majority stake in the Swedish spend management software company
WestBridge acquires Smart Capital Technology in MBO
GP invests GBP 17m following competitive auctions for IT services organisation company