Deals/Build-up
Nazca exits Moldcom to Cranemere's ES Group
This is the first divestment made by Nazca IV, a €275m vehicle raised by the GP in 2016
Hg-backed IT Relation bolts on Improsec
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Horizon's Timico buys Arcus Cloud Services
Horizon bought a majority stake in Timico in 2016 via a deal valuing the company at more than £50m
EQT-backed Recover bolts-on SWE Skadeteknikgruppen
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
PE-backed Sortera acquires Vaihtolava
Deal is Sortera's 13th acquisition since it was established in 2006
SHS sells Puracon to IK-backed Klingel
Deal marks Klingel's third add-on under IK ownership, as well as SHS's third exit of 2020
Livingbridge sells Up Group to Omers-backed Alexander Mann
Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline
LDC sells NBS to TA-, Stirling-backed Byggfakta
Bank of America was given the mandate to run the sale process for the company in September 2020
PAI-backed Stella Group buys BPE's DuoTherm Rolladen
Exit ends BPE's three-and-a-half-year holding period; the add-on is Stella's second under PAI
Waterland's Athera makes three bolt-ons
Germany-based physiotherapy group has made 11 add-ons since Waterland's investment in 2019
Permira's Exclusive Group bolts on Nuaware
Company has made add-ons in Europe, Canada and Hong Kong since Permira's investment in 2018
VR Equitypartner's Kälte Eckert buys SOS Kältetechnik
Refrigeration systems business has made three add-ons since VR Equitypartner's investment in 2017
Omers considers sale of ERM for £2.5bn – report
Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015
Quadriga’s Scio bolts on MFI
Industrial automation group Scio has made a series of four add-ons in 2020
Palamon-backed FairConnect buys DriveQuant
Palamon bought a majority stake in the connected insurance service provider in a €100m deal in 2018
Aliter invests in Skill Pill
Aliter acquired Bolt Learning in May 2019 and later acquired Sponge in November 2019
Caledonia-backed Liberation acquires Wadworth pub portfolio
LGV Capital sold UK pub operator Liberation Group to Caledonia Investments for £118m in 2016
Capiton's Euro Vital Pharma buys Principle Healthcare
Capiton acquired the health products manufacturer in 2018; the company continues to seek bolt-ons
Quadriga-backed Scio buys Bilfinger GreyLogix Aqua
Industrial automation company has made three add-ons in 2020 as part of its buy-and-build strategy
Epidarex sells Sirakoss to VC-backed OssDsign
Epidarex Capital initially backed the £3.1m series-A for the bone graft substitutes developer in 2014
G4S rejects offer from BC's Gardaworld
Company says Gardaworld's offer is "nowhere near a full and fair price"
Nord Holding's Jumpers Group buys Ai Fitness; forms BestFit
Combined companies will pursue a buy-and-build strategy, acquiring fitness studio chains
PE-backed Nets bolts on CCV Schweiz
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Agilitas-backed Danoffice to buy NPVision
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
