Industrials
Odewald's Langer & Laumann hits market in Lincoln-led auction
German sponsor bought a majority stake in the smart doors for machines and lifts producer more than five years ago
Polaris acquires majority stake in Sealing System
GP currently deploying capital in its 2021-vintage Polaris Private Equity V with EUR 690m in commitments
The Bolt-Ons Digest – 17 April 2023
Unquoteтs selection of the latest add-ons with Triton's BFC Group, Seven2's Groupe Crystal, Palatine's FourNet and more
Charterhouse transfers Sagemcom to AlpInvest-backed continuation fund - filings
GP will make a return of over 5x MOIC on the deal for French telecoms business
Procuritas raises EUR 407m for PCI VII
Swedish GP's seventh fund is 28% larger than predecessor and will invest in Nordic buyouts
Spending bottom dollar: Valuation gaps take Q1 buyout levels back to 2009
Sponsors make just 95 buyouts in Europe in the first quarter - a figure not seen since Sony sold 12m floppy discs in one year
Quadrivio reaps 40%-plus IRR, 2.2x cash-on-cash from EPI sale
Trade sale of Italy-based sports merchandising specialist marks Industry 4.0 fund’s first exit
KKR holds USD 8bn European Fund VI buyout fund close with 12.5%-plus GP commitment
European Fund VI will deploy equity tickets of EUR 250m-750m in six core sectors
V.Group sponsor Advent explores strategic options, appoints Goldman Sachs and Jefferies
Sponsor bought the UK-based marine servicing firm from OMERS Private Equity six years ago
ACP exits Akomex in MBO deal following three-year holding period
Paper packaging company’s revenue increased by 70% and EBITDA nearly doubled during ACP’s investment period
Sun European Partners appoints DC Advisory for Wescom sale
Sponsor bought the UK-based marine and defence pyrotechnics manufacturer from PE-backed Drew Marine in 2020
Riverside acquires Dastex and Vita Verita
Sponsor plans to pursue a buy-and-build strategy for new European clean room contamination control group
Triton to reap 4x MOIC in Norres Baggerman exit to Nalka
Industrial hoses group grew revenues by 170% to over EUR 100m during Triton’s investment period
Bencis raises EUR 123m continuation fund for group of Fund IV assets
Secondary deal was led by Committed Advisors and will provide backing for future growth of four portfolio companies
Half of LPs allocating to impact from generalist pool as market matures – Rede Partners
Jeremy Smith and Kristina Widegren speak to Unquote about key takeaways from the private capital adviserтs Private Markets Sustainability and Impact Report
Caverion minority shareholders cautious on rival bid upside as Bain mulls options
Listed Finnish construction company has received takeover offers from Triton and Bain Capital
GP Profile: Fortiland launches debut fundraise with 'focus investing' strategy
Sponsor is speaking to European professional investors and has a series of targets lined up, focusing on a single B2B distribution subsector in Italy
European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
The Bolt-Ons Digest – 20 March 2023
Unquote’s selection of the latest add-ons with Cinven's ETC, PAI's Apleona, TA Associate's Fairstone, and more
GP Profile: Inspirit anticipates carve-outs uptick with fundraising on the horizon by year-end
Complex carve-outs specialist could raise around GBP 75m for its second fund with debut vehicle around 70% deployed
Beyond Impact aims for EUR 100m close for alternative protein fund
Article 9 fund held EUR 25m first close in early 2022; targets stakes in non-animal proteins and ingredients
Afinum nears EUR 410m-EUR 420m fund close; mulls new fundraise
Plans for Fund 10 to be contemplated by mid-2024 “at the earliest” as GP advances on succession changes
CoreCapital on fundraising trail as it prepares for first deals
Danish wind energy specialised sponsor held DKK 250m first close for debut fund last month
Aliter Capital to exit Ipsum in sale to IK Partners
Deal for utilities and infrastructure maintenance provider is third exit from GPтs 2017 vintage fund