Deals/Build-up
Agilitas-backed LCG acquires Acorn
Agilitas acquired LCG in March 2020 for an enterprise value of £125-150m from MML Capital
Ergon's SVT Group buys Odice
Deal sees the fire protection products manufacturer expand in France and brings its turnover to €200m
LBO France's RG Safety buys Waterfire
Deal is the protective equipment producer's second add-on in Spain since the GP invested in 2017
Bid Equity's Myneva Group buys Swing
Bid Equity began its social care and healthcare software buy-and-build strategy in 2017
Quadrivio's 120% Lino buys Rosantica
GP invests via Made in Italy Fund, which targets Italian SMEs across the fashion, design and food industries
Hg-backed Transporeon bolts on ControlPay
Hg acquired the Germany-based logistics software developer in 2019 in an SBO from TPG
TIIN acquires Lantech to merge with Felton
TIIN Capital set up a fund to finance its plans, the Dutch Security TechFund, which held a first close on €25m
Corsair-backed Zedra buys Fitzgerald & Law
Deal is the fund services provider's third add-on of 2020; it is seeking US and European add-ons
MML supports Arrow's acquisition of Click Networks
Click Networks is the third acquisition following MML's investment, alongside Altinet and BTL
Quadriga's Scio Automation bolts on Mojin Robotics
Add-on is the second announced by the industrial automation technology company in September 2020
Hg-backed Visma acquires Cash Software
Deal is Visma's fourth strategic acquisition in the accountancy software market
GP-backed PolyTech bolts-on Fos4x
Deal strengthens PolyTech's position as a blade technology specialist
Riverside-backed GermanPersonnel acquires Evint
Bolt-on is the second for the recruitment software company since Riverside's investment in 2018
Avedon's SLF acquires STI Bearings
Acquisition of the industrial ball bearings producer aims to grow SLF's client base
Waterland's Netgo bolts on CSM MeinSystemhaus
IT service Netgo is pursuing a buy-and-build strategy and acquired Commehr and Workbees in July 2020
Elaghmore acquires Blaze Signs from Mobeus
Arbuthnot Latham in Leeds supported Elaghmore, providing acquisition and working capital facilities
Waterland's Enreach bolts on HeroBase
Prior to the add-on, Enreach reported revenues of €50m following several bolt-ons completed in 2019
Borromin-, Kempen-backed Wilvo acquires GFM
Borromin (then Steadfast) and Kempen acquired the Netherlands-based metal parts producer in 2019
VC-backed IDNow acquires Wirecard Communication Services
IDNow intends to expand its customer service offering following increased demand in recent months
EQT-backed Recover Nordic bolts-on two companies
Damage control service has completed 19 bolt-on acquisitions since being founded in 2013
Baring Vostok, Vostok New Ventures sell Doc+
Baring Vostok Private Equity and Yandex provided $5m of financing to Doc+ in 2017
GP-backed SSI Diagnostica acquires CTK Biotech
Deal comes four years after the GP carved out SSI Diagnostica from the Danish government for DKK 250m
Ardian's Unither buys Chinese pharma company NRB
With this acquisition, Unither plans to accelerate the development of its business in China
VC-backed WorldRemit acquires Sendwave
Acquisition is a cash and stock transaction that is expected to close in Q4 2020
