Buyouts
Astorg, Epiris could turn to private debt for Euromoney takeover
Suitors expected to consider bringing in direct lenders for proposed GBP 1.6bn buyout
3i sells Havea to BC-led consortium
BC Partners is acquiring the French natural healthcare group with co-investors PSP and National Pensions Services Investment Management
EQT to take SPT Labtech on 'growth journey' after secondary buyout
UK lab automation group to double down on APAC region following GBP 650m exit by Battery Ventures
3i to invest in Danish children's brand Konges Sløjd
Deal aims to support the baby and children apparel group expand in Asia and the US
Beech Tree nets 5.3x return on BCN sale to ECI
Buyer ECI nears full deployment on latest buyout vehicle ECI 11
Kester nets 8x on Avania exit to Astorg
Medical device CRO is Astorg's first healthcare deal from its EUR 1.3bn Mid-Cap fund
Charterhouse reaps 4x in SLR Consulting sale to Ares Management
UK environmental advisory group to receive investment from Ares' private equity fund to support growth amid trends towards sustainability
The Bolts-Ons Digest – 17 June 2022
Unquote’s selection of the latest add-ons with Holland's AMP, Triton's Kinios, Nordic's Sortera, Vitruvian's Sykes, and more
3i, Volpi invest in Digital Barriers
Volpi reinvests in British video compression technology provider alongside 3i and management
HG-backed Visma to divest IT consulting unit to CVC
Sponsor will invest in the carve-out from the Norwegian business software and IT provider via Fund VIII
Nexxus Iberia nets 4.2x on Bienzobas exit to trade
Sale of oncology group marks GP's second exit from debut fund; buyer Atrys pays 8.5x EBITDA
Oakley Capital reaps 10x on Contabo exit to KKR
Vendor will reinvest GBP 37m in the Germany-based cloud infrastructure and hosting provider
Axcel exits European Sperm Bank to Perwyn
Deal is the fourth exit for Axcel's fifth fund; buyer Perwyn deploys evergreen capital
3i to buy majority stake in xSuite from Pinova
Vendor and management team will reinvest in the German accounts payable process automation specialist
Genesis holds EUR 150m final close for GPEF IV
Czech Republic-headquartered GP reached its hard-cap with a EUR 15m commitment from the EBRD
EQT, Mubadala to acquire Envirotainer for EUR 2.8bn
Vendors Cinven and Novo Holdings could opt to reinvest in the Swedish medical freight company as minority shareholders
Carlyle sells Euro Techno Com to Cinven
Buyer competed alongside BC Partners, PAI, CVC and Brookfield in Goldman Sachs-led auction
Ardian invests in TA Associates-backed Odealim
Sponsors will have co-control of the France-based insurance broker, with TA reinvesting
Advent and Lanxess form EUR 3.7bn polymers JV with Royal DSM carve-out
Buyers pay EUR 3.7bn for DEM; the new unit has sales of over EUR 3bn and EBITDA of EUR 500m
Astorg buys Open Health in SBO from Amulet
The medical communications company was Amulet's only asset outside of North America
Sun European acquires Tenax
The sponsor invested through its latest fund, Sun Capital Partners VIII, acquiring an 80% stake.
Bain acquires majority stake in Naxicap-backed House of HR
Naxicap will continue its 10-year ownership period, retaining a minority stake in the HR services group
FSN Capital acquires Epista Life Sciences
The GP said it will pursue a buy-and-build strategy in the life science IT services sector
Goldman Sachs AM beats sponsors to buy Norgine
Buyer's PE arm competed with Bain and Cinven in the auction second round