Support services
ECI scores 5x on sale of Citation to HgCapital
ECI backed Citation's management buy-in in 2012, with revenues doubling since then
Payleven raises $10m series-D from Seventure et al.
Seventure, Holtzbrinck and other investors have backed a $10m series-D for Payleven
MMC in $5.7m round for Sky-Futures
Round follows first ТЃ2.5m injection by VC into drone inspection specialist
Ardian buys Argos-backed F2A
Deal comes three years after Argos acquired majority stake through its sixth fund
MML's Optionis buys pub accountant ARC
Deal marks sixth bolt-on for Optionis since being purchased by MML in 2014
MML's Iqarus buys C-Chec
MML acquired Iqarus in 2015 from former parent Capita
Verdane acquires five-company portfolio from Sequent Invest
Direct secondary deal is second portfolio acquisition by the Nordic specialist GP in 2016
Baird sells Alpha FMC to Dunedin
Baird acquired a minority stake in Alpha in October 2013 in a transaction worth ТЃ28m
I&FP buys Nova Technology
Buyout of IT consultancy is fifth to be financed via GP’s €135m buy-and-build fund
Synova scores 16x on Kinapse sale
Synova first backed the company in 2012, with sales growing since from ТЃ6.5m to ТЃ27.5m
Ouest Croissance backs MBO for Azenn
MBO is the first to involve the SME investor this year after an active end of 2015
Kester scores 3x on Garrets sale
Kester first backed the marine catering business in 2012 in a deal thought to be worth ТЃ17m
LGV's Air Energi merges with Wellspring's Swift
Merger of two energy-focused recruitment companies comes as oil prices look set to remain low
PE-backed Oceanet merges with NBS
Capital Croissance steps in as new investor via its €75m, 40%-invested Cairn Capital I fund
Deal in Focus: Aksia launches Italian call centre platform
A look back on Aksia's dual acquisition of Italian call centre operators Contacta and Visiant
BGF injects $7.2m into Adestra
Marketing technology software and services provider will continue to pursue global growth
Montefiore exits 27% Demos stake in trade sale
Third asset to be exited from the GP's €120m, fully invested second fund
Omnes exits 55% SLG Recycling stake to Derichebourg
Sale comes seven years after GP created SLG Recycling group via dual merger
TA Associates takes minority stake in Eurowag
US-based GP makes foray into the Czech Republic with investment in logistics payments provider
Ardian creates TimeOne via portfolio companies merger
GP injects fresh €5m and will become minority shareholder in post-merger group
IK buys Norwegian IT company TeleComputing
Nordic IT companies continue to be a popular target for private equity firms in the region
Activa backs Mecadaq OBO to create build-up platform
Second build-up project to be financed by the GP’s third fund in the space of a month
Livingbridge invests in Efficio
Procurement business Efficio first received backing in 2001
Baird's SR Group makes New York bolt-on
Baird invested in the recruitment services firm in 2013, with debt provided by Beechbrook