Buyouts
A&M Capital Europe to acquire majority stake in World of Sweets and Bobby's
Investment in UK-based wholesaler of confectionary products marks London-headquartered sponsorтs first investment in the food sector
Tenzing to buy Willis Towers Watson's Saville Assessment
Talent assessment firm marks eighth investment out of the firm's near-fully deployed second fund
Metric Capital and Scope acquire majority stake in Maileg
Deal for Danish toy brand marks second investment this year out of Metricтs fourth fund, which is now about 85% deployed
Wellspect bidders CVC, KKR, PAI, EQT expected to progress into second round
US trade owner attempted a previous sale for the Swedish bladder and bowel-control products specialist in 2018
HIG Capital acquires Office People
German staffing agency will seek to grow organically, as well as via add-ons and selective internationalization
BC Partners acquires Metropolitan College, AKMI IEK in second deal from Greece-focused fund
Sponsor will support the post-secondary education provider with organic growth, plus add-ons in the Balkan region
Mayfair kicks off third fund deployment with Jonckers buyout
Sponsor has seen a GBP 800m increase in AUM since its most recent exit in October 2022
Ardian acquires Mimacom Flowable Group
GP will invest alongside management to drive growth for Swiss software and IT consultancy through acquisitions
Large-cap sponsors circle Qiagen bioinformatics arm ahead of indicative bids
Potential PE bidders are assessing performance and market share of the Netherlands-headquartered business
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 GPтs 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