Portfolio management
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
Activa sells Active Assurances to Silver Lake's Meilleurtaux
Sale ends a three-year holding period for Activa, which invested in Active Assurances alongside BPI France
Waterland sells Base Logistics to Ardian's Staci
With this add-on, Staci expects to build a logistics group with annual turnover of €450m and 2,500 staff
FPE sells Masstech to Genstar’s Telestream
This is the second exit made by FPE Fund II, following the sale of intelligence provider IWSR to Bowmark
Bid Equity's Myneva bolts on Patronis, TTS
Social care and healthcare software platform is following a buy-and-build strategy
Miura sells Equipe Cerámicas to Mandarin's Italcer
Miura reinvests in the deal alongside Mandarin and retains a minority stake in the combined group
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
DBAG's Ding Gruppe bolts on Bergert Gruppe
Telecommunications service Ding Gruppe now has 1,000 employees and posts €200m in revenues
VCs exit Cluno to VC-backed Cazoo
Germany-based Cluno was backed by Acton Capital, Atlantic Labs and Valar Ventures
Novum Capital to sell CC Group to trade
Buyer is Waterland portfolio company Blue Phoenix; the sale ends Novum's three year holding period
Quadrum Capital's Bark Packaging buys CarePack
Quadrum invested in Bark in March 2020 and the deal is part of the company's buy-and-build strategy
PE-backed Asmodee bolts-on Board Game Arena
Since being acquired by PAI Partners, company has completed seven add-on acquisitions
Sovereign's Acolin bolts on Fundbase
Swiss fund service platform is planning further add-ons in key European financial centres
PE-backed 9Altitudes adds on Danish firm Optimate
Merged group is expected to generate a turnover of €65m and employ 400 staff across four countries
Kartesia's International Cookware bolts on Duralex
International Cookware plans to invest around €17m by 2024 to innovate Duralex's business and improve productivity
VC-backed Mister Spex buys Tribe
Online optician has previously received VC funding from investors including Grazia Equity and Goldman Sachs
Providence-backed Imaweb bolts on Procar
With this add-on, Imaweb plans to consolidate its presence in the DACH region and broaden its customer base
InfraVia's Celeste acquires PE-backed VTX Telecom
Exiting their stakes, Iris and Siparex first invested in the telecoms service in 1999 and 2005 respectively
PE-backed Helgstrand Dressage merges with Ludger Beerbaum Stables
Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.
Carlyle-backed Hurst Point acquires Hawksmoor
Hurst Point Group was established in 2019 to facilitate investment by Carlyle in UK wealth management
