Deals/Build-up
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
Abac sells Isolana to Blackstone's BME
Sale ends a two-year holding period for Abac, which acquired a stake in Isolana via its €320m fund Abac Solutions I
Searchlight's Survitec completes refinancing
Ares' £270m package will be used in part to finance the add-on of IK's Hansen Protection
Activa sells Active Assurances to Silver Lake's Meilleurtaux
Sale ends a three-year holding period for Activa, which invested in Active Assurances alongside BPI France
Waterland sells Base Logistics to Ardian's Staci
With this add-on, Staci expects to build a logistics group with annual turnover of €450m and 2,500 staff
DBAG's FLS merges with Impactit, Städtler Logistik
All three route-planning and logistics software companies will now operate as Solvares Group
Magnum buys law school Isde
Deal is made via Digital Talent, established by Magnum to build an aggregation platform in the education sector
FPE sells Masstech to Genstar’s Telestream
This is the second exit made by FPE Fund II, following the sale of intelligence provider IWSR to Bowmark
Bid Equity's Myneva bolts on Patronis, TTS
Social care and healthcare software platform is following a buy-and-build strategy
Paragon sells NovumIP to GP-backed Questel
Transaction will see Paragon invest in Questel for a minority stake in the IP consultancy firm
BGF-backed TIG bolts on ThirdSpace
Acquisition of the cybersecurity and identity firm is backed by BGF and Santander Growth Capital
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
DBAG's Ding Gruppe bolts on Bergert Gruppe
Telecommunications service Ding Gruppe now has 1,000 employees and posts €200m in revenues
VCs exit Cluno to VC-backed Cazoo
Germany-based Cluno was backed by Acton Capital, Atlantic Labs and Valar Ventures
RJD's Survey Solutions acquires Survey Systems, Kempston
Survey Solutions has made the acquisitions to augment its geographical coverage and service offering
DeA Capital-backed CDS buys Viki Plast
DeA Capital owns a 35% stake in CDS, which it acquired via its Idea Taste of Italy fund in April 2017
PSG's Mapal bolts on GetCompliant
With this add-on, Mapal expects to strengthen its existing software offering and expand its presence in the Nordic region
DPE's AWK bolts on Ginkgo Management Consulting
A regulatory filing from December stated that DPE was to acquire a controlling stake in Ginkgo
Main Capital's Mach bolts on Data-Plan
GP acquired public sector software developer Mach in September 2020 and is following a buy-and-build strategy
Quadrum Capital's Bark Packaging buys CarePack
Quadrum invested in Bark in March 2020 and the deal is part of the company's buy-and-build strategy