Buyouts
Capvis invests in IT consultancy AdEx Partners
Hamburg-based company will pursue internationalisation and bolt-on strategy under new owner
Nuveen buys Arcmont, forming Nuveen Private Capital
Minority investor Dyal Capital exits stake, deal comes amid a buoyant private lending market
IK Partners buys Plus que Pro
French B2B and B2C construction and business service provider platform will be co-controlled by IK and the founders
Ardian exits Unither to GIC, IK-led consortium
Existing investors Keensight and Parquest to remain in share capital alongside company's management
Trilantic-backed Oberberg's auction delayed on market malaise
Factors including valuation discrepancies and debt markets may have slowed the psychiatry clinic's sale
H2 Equity's Optegra sale advances to second round
UK-based ophthalmology business has received NBOs implying an EBITDA multiple of more than 15x
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 makerтs EV grew four times under the sponsorтs 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
Unquoteтs 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