Acquisition finance
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 €60-70m.
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 & Co’s portfolio company QuestBack AS has acquired and merged with German social CRM vendor Globalpark AG.
YFM-backed Fishawack acquires Phocus
YFM Equity Partners’ 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 £120m.
ISIS-backed Encore acquires West End Bookings
ISIS Equity Partners-owned Encore Tickets has acquired event tickets supplier West End Theatre Bookings from Holidaybreak for more than £10m.
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.
Lyceum's Carewatch adds three more companies
Lyceum Capital's portfolio company Carewatch has acquired the three franchise businesses Graham Home Care, Carewatch North and East Riding of Yorkshire and Carewatch Greenwich.
Arle-backed Stork acquires RBG from 3i
Arle Capital Partners’ portfolio company Stork Technical Services Holding B.V. has acquired RBG Limited from 3i.
August Equity portfolio firm buys Qura
August Equity portfolio company health service provider Active Assistance has acquired Qura Brain Injury Services.
Matrix backs £4m bolt-on for ASL
Matrix Private Equity Partners has backed the purchase of Transcribe Copier Systems by its portfolio company Automated Systems Group in a £4.1m deal.
LDC-backed Sala acquires Arrow and Microstat
LDC’s portfolio company Sala International has acquired Arrow Imaging and Microstat as part of a buy and build strategy.
IK acquires Offshore Inc to merge with Vistra
IK Investment Partners has acquired the Offshore Incorporations group of companies from The Carlyle Group.
Ratos-backed MCC acquires Carrier division
Ratos’ portfolio company Mobile Climate Control (MCC) has acquired Carrier Corporation’s AC-for-buses division.
NORD Holding backs De Mäkelbörger expansion
NORD Holding has backed its portfolio company De Mäkelbörger Backwaren GmbH to acquire 85 Kamps branches in the Berlin metropolitan region as well as the production facility at Prenzlauer Promenade.
MML Capital’s Exploration Logistics merges with MEDEX
MML Capital Partners’ portfolio company Exploration Logistics Group has merged with MEDEX Global Solutions to form Frontier MEDEX Group.
AC Desarrollo-backed Geroresidencias-La Saleta acquires Secopsaleta
Geroresidencias-La Saleta, a portfolio company of AC Desarrollo, has acquired 100% of Secopsaleta, the business it co-founded in 2009.
General Atlantic-backed Privalia acquires Palamon’s Dress for Less
General Atlantic, Highland Capital Partners, Index Ventures and Insight Venture Partners have injected €88m of new equity into Spanish private online sales club Privalia.