Deals/Build-up
Aksìa-backed CRM bolts on Gastone
GP expects to consolidate CRM's position in the baked goods market and enhance its product offering
HGGC-backed Davies acquires ASC
AIMC recently co-invested in operations management company Davies, which is headquartered in the UK
Partners Group's Megadyne buys Sati
Megadyne expects to consolidate its market position and expand its product offering
PE-backed Addev Materials bolts on US businesses
Tikehau and BPI France inject €33m into Addev Materials Group to sponsor the US bolt-ons
Nordic Capital's Acino acquires Takeda's primary care portfolio
Coller Capital and Goldman Sachs acquired a stake in Acino in 2018 in a GP-led secondary transaction
Eurazeo's Efeso Consulting acquires FibonacciLab
Swiss FibonacciLab represents Efeso Consulting's second bolt-on under Eurazeo ownership
CPPIB, TCV-backed Sportradar buys Optima Gaming
With this acquisition, Sportradar plans to expand its portfolio of gaming and betting services
Cairngorm acquired Chandlers
Cairngorm Capital will merge this latest acquisition with three other portfolio companies
Exponent-backed Meadow Foods acquires Nimbus Foods
Exponent acquired Meadow Foods in 2018 drawing equity from its third-generation fund
Vitruvian-backed CFC bolts on Solis Security
Solis security will expand CFC's in-house cyber claims and incident response team
EQT-backed IFS buys Astea International
Astea International has a market cap of $18m and operates from seven locations globally
ArchiMed-backed Micromed bolts on OSG
MicroMed has now made three acquisitions in the neurology diagnostics market with this acquisition
Alpha-backed Calligaris bolts on Luceplan
GP intends to support both firms in maximising their synergies and consolidating their market positions
Ardian-backed Riemser buys Zaltan
Zaltan will be fully integrated in the Riemser group and operate under the name Riemser Iberia
KKR-backed KnowBe4 acquires Twist and Shout
KKR's KnowBe4 generates more than $100m in revenue and is valued at $1bn
Bain’s Italmatch invests in FRX Polymers
Italmatch expects to further strengthen its position in the flame retardant additives segment
Charterhouse's Optima carves out Pernigotti's ice cream unit
Third bolt-on made by the company, following its acquisitions of Modecor and Giuso Guido
Battery-backed PST to acquire SST
Battery Ventures-backed PST has made more than seven bolt-on acquisitions since 2017
Waterland-backed Enreach buys NT Technology Group
Deal is a continuation of the buy-and-build strategy started by Waterland with Swyx in early 2018
Bain-backed Italmatch buys Water Science Technologies
Firm plans to strengthen its presence in the North American water treatment and oil & gas markets
Investindustrial-backed Italcanditi buys Prodotti Rubicone
Deal is part of a buy-and-build strategy pursued by Italcanditi to strengthen its market position
Sator's L'Autre Chose buys luxury footwear brand Giannico
Giannico's founder, Nicolò Beretta, will be appointed creative director of both brands
LDC-backed Lucid acquires Healthcare 21
LDC portfolio company Lucid Group Communications has acquired a medical communications group
Altor, Shamrock partially exit BTI Studios
Altor Equity Partners and Shamrock Capital will remain invested in the merged company
