Buyouts
Sika draws sponsor interest in sale of MBCC assets
Chemicals company aims to address regulatory concerns over acquisition of German peer MBCC
Soho Square exits Technical Fire Safety to Ergon’s SVT Group
Fire-rated glass maker’s EV grew four times under the sponsor’s ownership since 2018
Palatine exits Veincentre in SBO to CBPE
Sale of varicose vein treatment clinic chain is the second exit from 2016-vintage impact fund
Oakley Capital to partially exit Wishcard to IK, EMZ
Sale of German gift cards group sees founding management regaining majority position
Private equity buyouts hit lowest point since COVID
Amid macro uncertainty, sponsors see EUR 44.6bn deployed across 211 buyouts, in the lowest mark since Q3 2020
Volpi kicks off fund III deployment with Xalient buyout
Tech GP says specialist focus gave edge in competitive sale; will grow cybersecurity group with M&A
Graphite Capital buys Digital Space from Horizon Capital
IT services business sold to UK-based mid-market sponsor in an SBO
Palatine exits Acora at 3x-plus money in sale to LDC
GP sells minority stake after less than three years invested in the IT managed services provider
Silverfleet to reap 3.1x money from TrustQuay sale to Hg
Exit of UK-based software provider set to generate 40%-plus IRR; Baird advised on auction
Green Arrow sells Somacis Graphic in SBO to Chequers
Sale of Italian printed circuit boards marks second exit of Milan-based GP’s Fund 3
Stirling Square buys Eurofins Digital Testing for EUR 220m
Mid-market GP is deploying 2020 Fun IV in primary carve-out from French laboratories company
Investindustrial acquires majority stake in Eataly
EUR 200m investment will allow high-end food retailer retire debt and support global expansion
FSN Capital to acquire Bäcker Görtz in MBO
GP aims to expand the Germany-based bakery chain into further regions of the country
The Bolt-Ons Digest – 16 September 2022
Unquote’s selection of the latest add-ons with A&M's Ayesa, BC Partners' Valtech, Advent's IRCA, EQT's IVC Evidensia and more
MML, Metric Capital unite to acquire GPS in EUR 260m deal
Deal follows exit of investors including Arkéa Capital, who backed the French reusable packaging firm in 2017
ECI reaps 6.1x return on MiQ sale to Bridgepoint
New sponsor to continue international expansion of data analytics business alongside management team
Magnum sells Miranza to PAI-backed Veonet for EUR 250m
Off-market deal values Spanish eye care chain at 14x EBITDA; at least three more ophtha assets in M&A pipeline
Montagu reinvests in Universal Investment, CPPI takes minority stake
Co-investment aims to support German fund management company in global expansion efforts
YFM backs MBO of SOS Leak Detection
GP plans to focus on organic growth for the water damage repair business but has also lined up potential bolt-ons
Verdane invests in Qbtech, Topro via impact fund
Privately-owned ADHD test maker and PE-backed mobility device producer are fourth and fifth deals from Verdane Idun I
Oakley buys TICC assets Phenna, CTS; PE owners reap 5x-plus money
Sale by Inflexion set to generate 5.5x return, while Palatine will reap 5.8x
Adelis exits Nordentic to PE-backed Corus
Sale leaves three assets in Adelis 2012 vintage fund; Corus backer CareVentures working on refi for acquisitions
Holland Capital sells Eshgro to Strikwerda Investments
Dutch IT services provider will be merged with the buyer’s portfolio company post-sale
CataCap sells Lyngsoe Systems to Accent
Sale of logistics software developer leaves one unrealised asset in Danish GP's 2011-vintage fund
