Portfolio management
The Bolt-Ons Digest - 19 August 2022
Unquote’s selection of the latest add-ons with Apax's Groupe Crystal, Livingbridge's CitNOW, Triton’s Fertiberia and more
Oakley to combine Grupo Primavera with Silver Lake’s Cegid
Merged software groups valued at EUR 6.8bn; Oakley becomes minority investor alongside KKR and AltaOne
Ergon et al. sell Indo to PE-backed Rodenstock
Sherpa Capital and Oquendo Capital are also selling their stakes in the ophthalmic lenses producer
Phoenix sells 1000Heads to PE-backed Labelium
Phoenix Equity Partners has sold its stake in UK-based social media data and consultancy firm 1000Heads to France-headquartered Labelium, a portfolio company of Charterhouse Capital Partners.
Main sells Obi4wan to PE-backed Spotler
Exit to CNBB portfolio company Spotler Group ends a holding period of almost six years
The Bolt-Ons Digest – 19 April 2022
Triton's All4Labels; Committed's MR Marine; Goldman Sach's Advania; Main Capital's Perbility; and more
Phoenix exits Forest Holidays for 3x money
Buyer is Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge
The Bolt-ons Digest – 18 March 2022
KKR’S Biosynth Carbosynth, Agilitas’ Cibicom, Apax’s Graitec, Cairngorm's Verso, Altor's Trioworld, and more
Palatine sells Estio to PE-backed BPP
Deal is the first exit from Palatine's first Impact Investing fund, which closed in 2017 on GBP 100m
NorthEdge sells Belfield Group's Usleep
Mattress producer is to be acquired by Vita Group, a portfolio company of Strategic Value Partners
Montagu sells Servelec to PE-backed Access Group
GP acquired the health and social care software developer in a GBP 223.9m take-private in 2018
Synova's Mintec buys Kairos
Synova acquired its stake in Mintec from the Peksa family in early 2018
Lonsdale sells Charles Cameron to Penta's Socium Group
Third exit announced by Lonsdale this year, and the second from its 2016 fund
Bayer ESP eyed by Bain, Cinven ahead of post-summer sale launch
Bayer could expect to fetch in excess of EUR 2bn for ESP, two sources say
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
FPE sells Questionmark to trade, nets 3.5x money
FPE acquired the assessment software in 2016 and has sold it to Battery Ventures' Learnosity
Hannover Finanz sells Corporate Planning to ICG's ProAlpha
GP bought a majority stake in the corporate planning software developer in 2017 in a succession solution deal
IK sells Hansen Protection to PE-backed Survitec
IK acquired the protective clothing and equipment producer from Montagu in 2013 via IK Fund VII
Corpfin sells Secna to EQT's Chr Hansen
Sale ends a six-year holding period for Corpfin, which bought a 51% stake in the company via its €255m fund IV
Clessidra's Botter bolts on Mondodelvino
Combined group expects to reach revenues of €350m in 2020 and further expand its market share
Abac sells Isolana to Blackstone's BME
Sale ends a two-year holding period for Abac, which acquired a stake in Isolana via its €320m fund Abac Solutions I
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
Searchlight's Survitec completes refinancing
Ares' £270m package will be used in part to finance the add-on of IK's Hansen Protection
Magnum sells Lexer to L-Gam's Grupo BC
Sale ends a three-year holding period for Magnum, which invested in the business via its second fund
