Deals
Livingbridge buys Nourish Care Systems
GPтs investment will aim to further develop the UK-based provider of digital care planning software to the social care sector
Carlyle to sell Hunkemöller to Parcom, Opportunity
GP will exit majority stake in the Dutch lingerie brand and reinvest as minority shareholder
Equistone considers moving Sicame to continuation fund
GP is also studying a potential refinancing of the French electricity distribution products and services provider
Altor Equity acquires minority stake in Svea Solar
GP becomes lead investor in the Swedish cleantech with purchase of all shares owned by Axel Johnson-backed Axsol
Summa co-invests in Castik-backed TBAuctions
Summa joins as shareholder after financing three Nordics-based bolt-ons for the online auctions platform
Exponent sells Enra to Elliot Advisors
Exit reportedly values the UK-based specialist mortgage finance provider at more than GBP 350m
Limerston Capital buys Largo Leisure in first Fund II deal
Deal also marks the new fundтs first closing; GP to seek bolt-ons for the Scotland-based holiday park operator
Innova exits Trimo for 4.5x money
Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process
Palatine buys significant minority stake in Cura Terrae
GP becomes the single largest shareholder in the newly created UK-based environmental services group
DBAG acquires Akquinet
Listed German GP said in a statement that it has now invested in five IT service businesses to date
Apax leads GBP 175m round for ClearBank
Clearing and embedded banking platform is the first deal from the GPтs USD 1.75bn Apax Digital II
GHO to explore Sterling Pharma exit this year
UK pharma manufacturing services asset could be marketed off GBP 50m EBITDA in a sale process in H2 2022
Bowmark explores Lawyers On Demand exit
GP appointed Rothschild to advise on the sale process, which is still in its early stages
The Bolt-ons Digest – 18 March 2022
KKRтS Biosynth Carbosynth, Agilitasт Cibicom, Apaxтs Graitec, Cairngorm's Verso, Altor's Trioworld, and more
DiliTrust backed by Eurazeo, Cathay, Sagard Newgen in EUR 130m deal
Transaction will see Calcium Capital exit the French corporate governance services provider; Eurozeo to contribute with EUR 52m
Advent acquires minority stake in Medius
Marlin Equity is reinvesting with a majority stake in the Swedish spend management software company
Hg gears up for MEDIFOX DAN exit
Houlihan Lokey will advise on the sale of the healthcare software group, which has already seen interest from large sponsors
WestBridge acquires Smart Capital Technology in MBO
GP invests GBP 17m following competitive auctions for IT services organisation company
Boots sale stumbles against limited financing availability
Asda and sponsors Apollo and Sycamore are said to be circling the auction of the Walgreens Boots Alliance-owned business
Capital D-led consortium acquires Phrasee
GP is joined by Morgan Stanley Expansion Capital, Keyhaven Capital, family offices in deal for AI-power copywriting group
Jeito, INKEF, Forbion lead EUR 80m Series B for Precirix
Precirix last raised a EUR 37m Series A in 2018
Motive sells Global Shares to JP Morgan
Deal generates around 10x return on invested capital and values the Irish equity compensation software solutions at USD 750m EV
Genesis buys majority stake in HC Electronics
GP is investing in the electronics manufacturing firm via its EUR 40m Genesis Growth Equity Fund I
I Asset Management, BaltCap acquire Dr Vet
IAM has a specialist Petcare Growth Fund