Acquisition finance
Lyceum portfolio company acquires Drain Control
Lyceum Capital-backed UK Drainage Network (UKDN) has acquired commercial drainage company Drain Control.
Carlyle Group's Marle International acquires Deloro Stellite
Marle International, a French medical equipment business backed by The Carlyle Group, has acquired ATS Sferic, the non-core medical division of Deloro Stellite, owned by Duke Street Capital.
EdRCP makes first add-on to Béaba
French baby care products business Béaba, a portfolio company of Edmond de Rothschild Capital Partners (EdRCP), has acquired Red Castle.
Phoenix-backed edif group acquires NDE
Phoenix Equity Partners has injected ТЃ12m to complete the acquisition of NDE Global Technical Services for its portfolio company edif group.
Herkules bolts Friskhuset onto Hjelp24
Helse Holding AS, a holding company controlled by Herkules Capital and which also owns Hjelp24, has wholly acquired Norwegian health services provider Friskhuset AS.
AXA PE's Novacap buys part of Rhodia
French chemicals group Novacap, a portfolio company of AXA Private Equity, has carved out Rhodia’s salicylic and acetaminophen businesses.
LDC backs bolt-on for Microlease
LDC has provided capital to portfolio company Microlease for the acquisition of US-based test equipment rental provider MetricTest.
Lyceum's UKDN buys Waterflow
UK Drainage Network (UKDN), a portfolio company of Lyceum Capital, has acquired Slough-based Waterflow Holdings.
Gresham-backed ICR Integrity makes first acquisition
ICR Integrity, a Gresham Private Equity-backed specialist in engineered composite repairs, has acquired North East Corrosion Engineers (NECE).
Dunedin-owned Practice Plan acquires two firms
Dunedin-backed Practice Plan has acquired dental plan provider Isoplan and dental patient finance provider Medenta.
Battery-backed Vero buys Planit
Vero Software, a portfolio company of US-based VC Battery Ventures, has acquired UK-based software business Planit Holdings from August Equity.
VC-backed Cassiopae acquires Field Solutions
VC-backed Cassiopae acquires Field Solutions
Bolt-on for Montefiore-backed Auto Escape
Listed French car rental business Auto Escape, a portfolio company of Montefiore Investment, has wholly acquired German counterpart Car Del Mar.
SEB Venture-backed Viginta acquires Mikrovisatos TV
Viginta UAB, a company controlled by SEB Venture Capital and Advanced Broadband, has acquired a 100% shareholding in Lithuanian Mikrovisatos TV from the Kavaliauskas family.
Vitruvian's Tinopolis acquires Base Productions
Vitruvian Partners-backed Tinopolis has acquired US-based TV production company Base Productions for a reported $65m.
CapVest's Valeo acquires Jacob Fruitfield
CapVest-backed Valeo Foods has acquired Jacob Fruitfield Food Group in a deal valued between тЌ60-70m.
Sovereign acquires CHS for City & Country
Sovereign Capital has acquired Community and Homecare Services (CHS) as an add-on for City & County Healthcare Group.
Reiten-backed QuestBack acquires Globalpark
Reiten & Coтs portfolio company QuestBack AS has acquired and merged with German social CRM vendor Globalpark AG.
YFM-backed Fishawack acquires Phocus
YFM Equity Partnersт portfolio company Fishawack has acquired Swiss medical communication service provider Phocus Services GmbH.
RJD backs Verdant Leisure bolt-on
RJD Partners portfolio company Verdant Leisure has completed its first add-on acquisition, adding holiday park Viewfield Manor to its portfolio.
VC-backed PhotoBox acquires Moonpig for £120m
PhotoBox, which is backed by a consortium of investors that include Highland Capital Partners, Index Ventures and HarbourVest, has acquired online greetings card retailer Moonpig.com for ТЃ120m.
Butler-backed Sernam interested in Mory
French industrial delivery services company Sernam, owned by turnaround fund Butler Capital, is reportedly looking to acquire rival Mory.
Sentica-backed MediaPex acquires Suomen Telecenter
Sentica Partners has acquired Suomen Telecenter Oy as an add-on for portfolio company MediaPex Oy.
Portfolio companies eager for large bolt-ons
The average value of bolt-ons for European private equity-backed businesses has shot up in Q1 this year, according to a study published by Silverfleet Capital.