Build-up
Inflexion to merge Bridgepoint-backed Estera with Ocorian
Transaction ends a four-year holding period and reportedly values Estera at £500-600m
Cairngorm's Stamco and Parker bolt on Fairalls
Deal is the third installment in a buy-and-build strategy in the builders' merchant market
Finexx supports GSE's acquisition of Fitne
GSE has acquired dietary supplements manufacturer Fitne from Logocos, a subsidiary of L'Oréal
Kester-backed Ceta Insurance bolts on Love Your Hut
Insurance broker Ceta Insurance is expected to make a number of bolt-ons in the future
Eurazeo-backed Efeso buys ROI Management Consulting
GP bought France-based business strategy and operations consultancy Efeso in Q4 2018
Citic and 3i's Formel D bolts-on CPS Quality
CPS will be incorporated into the Formel D Group, but will continue to trade under its name
Charterhouse-backed Siaci Saint Honore buys Cambiaso Risso
Combined group will operate in five new countries while strengthening its position in several ports
Waterland sells VivaNeo to Impilo portfolio company TFP
VivaNeo has closed 12 successful acquisitions during Waterland Private Equity's holding period
Primary-backed ASL bolts on Reprotec
Acquisition comes a week after the GP acquired ASL in a secondary buyout from Mobeus
Ardian-backed Dedalus buys IT specialist Softech
Company expects to bolster its growth and further consolidate its position in the Italian market
Palatine supports Wren Sterling's TD Armstrong bolt-on
Deal is the third bolt-on for the UK-headquartered independent financial adviser
Three Hills-backed Sigma buys Thompsons Contracts Blackpool
Deal comes 16 months after GP's original investment in Sigma via its Three Hills Decalia vehicle
Triton-backed Dywidag buys Partec
Acquisition expands Dywidag's reach in eastern Europe and Scandinavia, where Partec is most active
Riverside-backed GermanPersonnel bolts on Compana
GermanPersonnel was acquired by Riverside in May 2018 with equity drawn from Riverside Europe Fund V
Norvestor sells IT Gården to EQT-backed Iver
Transaction comes 15 months after EQT founded Iver by merging Candidator and DGC
Summa-backed EcoOnline buys Nordic Port
Acquisition of Nordic Port will strengthen EcoOline's position in chemical management
Aquiline's ClearCourse acquires Trillium
Transaction marks the 11th bolt-on for the software- and IT-focused buy-and-build platform
Waterland-backed Coeo Inkasso bolts on KNP
Waterland acquired Coeo Inkasso in January 2018 and this is its first acquisition in Austria
Mayfair's Yo! acquires US-based SnowFox
Deal is backed by the GP and reportedly values the target company at more than $100m
LDC sells Connect Managed Services to Apiary-backed G3
Deal for the call centre software firm comes four months after Apiary acquired G3
Triton-backed AVS acquires Lorenz
Germany-based road safety services provider AVS is pursuing its buy-and-build strategy
PAI's M Group buys Antagrade Electrical
Antagrade follows multiple bolt-ons for M Group since it was acquired in May 2018
H&F-backed Allfunds bolts on Credit Suisse InvestLab
Credit Suisse will become a minority shareholder of up to 18% in the combined business