Deals
Argos Wityu to sell La Compagnie des Desserts to PAI
Deal for French frozen desserts group marks the sixth investment from PAI Mid-Market Fund
Gyrus reaps 8.6x money from partial dss+ exit to Inflexion
Majority investment in Switzerland-headquartered management consultancy marks Inflexion Buyout Fund VI’s fifth deal
BC's VetPartners sees Blackstone, KKR, Partners Group among parties preparing bids
Veterinary group could fetch a valuation in the GBP 2.5bn-GBP 3bn region, having been acquired by BC in 2018
EQT faces selldown dilemma as realisation pressure dawns
Swedish GP still holds large stakes in Azelis, Suse more than 18 months after listings; could look to selldown in H2 2023
CapMan exits Malte Månson to Accent Equity
Buyer acquires Swedish truck repair group via Accent Equity 2017, vendor exits from 2013-vintage Capman Buyout X
Inflexion taps Houlihan Lokey to review options for Sparta Global
Sponsor bought the UK-based technology and training services provider in an SBO in 2020
Argos Wityu acquires Norline in sixth deal from Mid-Market VIII
Sponsor’s EUR 450m Mid-Market VIII fund held a final close in 2022 and is almost 50% deployed
Tikehau reaps 3x money multiple on EuroGroup Laminations IPO
Deal marks the third realisation from the sponsor’s EUR 1.1bn T2 Energy Transition Fund
PSG's Imaweb sale moves to second round
Sponsor bought a majority stake in the Spain-based car dealer and OEM sofware provider in 2019
Bregal Milestone to launch Anywhere365 sale in Q1 2023
Lazard to advise on auction for Dutch cloud-based contact centre and dialogue-management platform
CVC acquires Scan Global logistics from AEA Investors
AEA and management have reinvested for a minority stake in the Danish logistics provider
Getir plans new funding round for H1 2023
Fast grocery delivery group could fetch a valuation above the USD 10bn-plus of its last round
Livingbridge exits Red Box in sale to US-based Uniphore
Deal for voice software group takes the GP’s Fund V close to full realisation, with Direct Ferries as only business left in the 2012 vehicle
Capiton moves two assets to continuation vehicle; Fund V largely unrealised
Eurazeo and Unigestion among LPs in new fund for industrial tech businesses Raith and AEMtec
Inflexion’s Scott Dunn valued at GBP 121m in trade exit
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
Foresight reaps 3.5x money in Mowgli exit to TriSpan
Sale of Indian restaurant chain is the sixth exit from the firm’s first Regional Investment fund
SoftwareONE on PE watchlist amid take-private optimism
Switzerland-listed cloud technology group has been eyed by several buyout houses in recent months
Equistone to exit Acuity in sale to Permira
Sale of financial services research group follows process with early discussions between vendor and bidders
Bridgepoint picks advisers for Moneycorp upcoming sale
Goldman Sachs and Perella Weinberg hired for foreign exchange specialist's auction
Main Capital exits Onventis in SBO to Keensight
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
The Bolt-Ons Digest – 26 January 2023
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
German health minister’s 'locust sponsors' comments spook live healthcare deals
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons
Ardian plans North American drive with tech, services deals on radar
French sponsor looks to more than double exposure to US and Canada when next flagship buyout fund launches
Koinos Capital explores return to fundraising trail in 12-18 months
Italian SME-focused GP could seek EUR 200m for new vehicle; Fund I set to reach 70% of deployment by year-end