Deals/Build-up
VR Equitypartner-backed Kälte Eckert buys Gartner Keil & Co
Deal is the second add-on for the Germany-based cooling systems and cold storage specialist
Synova-backed Fairstone acquires domestic IFA firms
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
FSN's Fellowmind bolts on ProActive
Add-on follows the GP's acquisition of the IT consultancy in November 2019 via FSN Capital V
Bokio raises €7.4m funding; acquires competitor Red Flag
Merged entity is reportedly valued at between SEK 500m-1bn.
CGS-backed EoL bolts on BSM Maschinenfabrik
GP is seeking add-ons in the packaging sector since acquiring Germany-based A+F in 2017
Ubon portfolio companies Vaion and Jazz Networks merge
Following the merger, the combined company – now named Ava – will consolidate its offering
Augens-, BMO-backed Impresa San Siro bolts on Cellini
This is the second bolt-on inked by the company, following the acquisition of Onoranze Funebri Serpi
Inflexion-backed Ocorian acquires Allegro
Luxembourg-based Allegro is Ocorian's first acquisition since its merger with Estera
Borromin-backed Protect Medical buys Spencer Italia
Acquisition of the medical equipment producer is the first bolt-on during the investment period
Marlin Equity-backed Puzzel acquires U-WFM
Deal allows Puzzel to speed up expansion into the UK market
Oaktree backs Asacha Media, creates TV production group
With support from Oaktree, Asacha is currently in negotiations to acquire additional production companies
Sicav-backed NChain acquires Crea
Crea is a software development and implementation firm focused on Bitcoin and IT security
Searchlight-backed GRP bolts on two insurance brokers
Company is seeking targets with £1-10m EBITDA for its insurance brokerage buy-and-build strategy
Bridgepoint-backed Fishawack acquires Skysis
Unquote understands the combined entry multiple of both Skysis and Fishawack was 12.8x
Main Capital-backed Obi4wan buys HowAboutYou
With the support of Main Capital, the group plans to build a software platform and expand internationally
Nordic Capital-backed Signicat acquires Connectis
Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures
DBAG-backed Vitronet buys Telewenz
Bolt-on of cable installation market peer is subject to competition authority approval
Abris-backed Green Group acquires Eltex Recycling
GP acquired a majority stake in the Romanian recycling business in April 2016
PE-backed Touchpoint acquires Domino Workwear in Finland
Deal comes nearly two years after Finnish GP Taaleri Private Equity Funds acquired the company
Essling-backed SPVIE bolts on Assurances de l'Adour
GP is investing from Essling Expansion Fund, a vehicle dedicated to the French lower-mid-market
EQT-backed SHL Medical buys Weibel CDS
EQT, via EQT VIII, acquired a minority stake in SHL Medical at the end of 2019
Limerston supports AdviserPlus in acquisition of Halborns
Limerston acquired HR consultancy AdviserPlus in November 2016, drawing equity from its debut fund
Cinven-backed One.com to acquire Hostnet
Deal marks the third add-on for the Denmark-based web hosting company under Cinven's ownership
Arbor's Steelite acquires Homer Laughlin food subsidiaries
Arbor acquired Steelite International drawing from Arbor Investments IV in December
