Deals/Build-up
BC Partners to join Bain as co-investor in Fedrigoni
Valued at around EUR 3bn, the Italian paper and label manufacturer will also receive co-investment from Canson Capital
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
Summa co-invests in Castik-backed TBAuctions
Summa joins as shareholder after financing three Nordics-based bolt-ons for the online auctions platform
The Bolt-ons Digest – 18 March 2022
KKR’S Biosynth Carbosynth, Agilitas’ Cibicom, Apax’s Graitec, Cairngorm's Verso, Altor's Trioworld, and more
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
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
Investindustrial's Lifebrain nears sale to Cerba HealthCare
Parties are in final-stage talks, with signing set to take place in the next couple of days
Inflexion buys ANS
Inflexion took a minority stake in IT service UKFast in 2018, increasing this to a majority in 2020
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
BaltCap sells Ecoservice to PE-backed Eco Baltia
BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m
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
Bain sells Fedrigoni's security business to Epiris's Portals
Sale comprises Fedrigoni's facilities specialised in the production of security paper for banknotes and documents
Capza exits Ivnosys to PSG-backed Signaturit
Sale ends a two-year holding period for Capza, which acquired a 40% stake in the business via Capzanine 4 Flex Equity
Alto-backed CEI buys Lema
Combined group expects to reach revenues of €85m in 2021, with a 20% EBITDA margin
Clessidra's Botter bolts on Mondodelvino
Combined group expects to reach revenues of €350m in 2020 and further expand its market share
