Buyouts
Riverside acquires Dastex and Vita Verita
Sponsor plans to pursue a buy-and-build strategy for new European clean room contamination control group
Triton to reap 4x MOIC in Norres Baggerman exit to Nalka
Industrial hoses group grew revenues by 170% to over EUR 100m during Triton’s investment period
Caverion minority shareholders cautious on rival bid upside as Bain mulls options
Listed Finnish construction company has received takeover offers from Triton and Bain Capital
EQT Growth acquires GotPhoto, marking fund’s ninth deal
Sponsor sees attractive M&A opportunities for the growth of the Germany-based software platform for photographers
AnaCap reaps 4.3x on MRH Trowe minority stake sale to TA Associates
German insurance broker will now be backed by both GPs; deal comes 2.5 years into AnaCap's investment period
Cinven’s indicative EUR 10 per share Synlab bid seen as below fair value
Sponsor listed the laboratory testing service provider at EUR 18 per share in 2020
MML buys majority stake in sponsor-backed Freeland
Existing investors IDI and Chevrillon will reinvest in the France-based freelance HR and IT platform as part of the SBO
Synova kicks off new fund deployment with Learnlight acquisition
Investment in Spanish edtech platform is the first from GBP 875m vehicle raised in three months last year
The Bolt-Ons Digest – 20 March 2023
Unquote’s selection of the latest add-ons with Cinven's ETC, PAI's Apleona, TA Associate's Fairstone, and more
Lenders sway fate of auctions in volatile LBO market
Vendors increasingly sounding out lenders before bidders to navigate uncertain M&A landscape
Aliter Capital to exit Ipsum in sale to IK Partners
Deal for utilities and infrastructure maintenance provider is third exit from GP’s 2017 vintage fund
Equistone to sell Amadys to PE-backed ETC in third exit this year
Cinven, Carlyle-backed French connectivity solutions provider will buy majority stake in Belgian peer
Inspirit Capital buys Capita’s Modular People Solutions for GBP 21m
Carve-out deal is the seventh investment from the special situation GP's debut fund
Summa Equity buys majority stake in cybersecurity specialist Logpoint
SBO sees Evolution Equity exit Danish group; new owner to focus on European growth
DPE to exit VTU Group in sale to Altor Capital
New sponsor will hold a majority stake in the Austrian engineering group with management reinvesting
Argos Wityu to sell La Compagnie des Desserts to PAI
Deal for French frozen desserts group marks the sixth investment from PAI Mid-Market Fund
Gyrus reaps 8.6x money from partial dss+ exit to Inflexion
Majority investment in Switzerland-headquartered management consultancy marks Inflexion Buyout Fund VI’s fifth deal
CapMan exits Malte Månson to Accent Equity
Buyer acquires Swedish truck repair group via Accent Equity 2017, vendor exits from 2013-vintage Capman Buyout X
Argos Wityu acquires Norline in sixth deal from Mid-Market VIII
Sponsor’s EUR 450m Mid-Market VIII fund held a final close in 2022 and is almost 50% deployed
PSG's Imaweb sale moves to second round
Sponsor bought a majority stake in the Spain-based car dealer and OEM sofware provider in 2019
CVC acquires Scan Global logistics from AEA Investors
AEA and management have reinvested for a minority stake in the Danish logistics provider
Foresight reaps 3.5x money in Mowgli exit to TriSpan
Sale of Indian restaurant chain is the sixth exit from the firm’s first Regional Investment fund
SoftwareONE on PE watchlist amid take-private optimism
Switzerland-listed cloud technology group has been eyed by several buyout houses in recent months
Equistone to exit Acuity in sale to Permira
Sale of financial services research group follows process with early discussions between vendor and bidders
