Build-up
Hellman & Friedman sells Finanzcheck to VC-backed Smava
Acquisition of the consumer finance platform is financed by Smava's VC investors, including Earlybird
PE-backed Asmodee bolts-on Board Game Arena
Since being acquired by PAI Partners, company has completed seven add-on acquisitions
LDC-backed Onecom acquires BGF's Olive Communications
BGF invested ТЃ10m in Olive in 2016 in a deal that also raised ТЃ5.25m in debt provided by Barclays
Sovereign's Acolin bolts on Fundbase
Swiss fund service platform is planning further add-ons in key European financial centres
Ufenau's Swiss IT Security buys AV-Test
Company plans to make one to two more add-ons in the IT security market in the next six months
Epiris-backed James Hay to take Nucleus private for £145m
James Hay is using financing made up of equity drawn down from the Epiris Funds and debt from Ares
Adcuram's MEA acquires Vilgertshofer Bausysteme
Construction supplier is seeking more add-ons to expand its geographical reach and product portfolio
JB Capital sells Vitaldent Italia to BC Partners' DentalPro
Acquisition is financed through an equity investment by BC Partners and DentalPro's other shareholders
Kartesia's International Cookware bolts on Duralex
International Cookware plans to invest around €17m by 2024 to innovate Duralex's business and improve productivity
Bid Equity's XClinical acquires Carenity
GP is currently following a buy-and-build strategy for the Germany-based clinical software platform
VC-backed Mister Spex buys Tribe
Online optician has previously received VC funding from investors including Grazia Equity and Goldman Sachs
Limerston-backed Prism acquires Repose
GP bought Prism via its debut fund, Limerston Capital Partners I, which closed in 2017 on ТЃ220m
Providence-backed Imaweb bolts on Procar
With this add-on, Imaweb plans to consolidate its presence in the DACH region and broaden its customer base
InfraVia's Celeste acquires PE-backed VTX Telecom
Exiting their stakes, Iris and Siparex first invested in the telecoms service in 1999 and 2005 respectively
PE-backed Helgstrand Dressage merges with Ludger Beerbaum Stables
Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.
Carlyle-backed Hurst Point acquires Hawksmoor
Hurst Point Group was established in 2019 to facilitate investment by Carlyle in UK wealth management
Ardian, BNP Paribas back Proteor
Capital injection facilitates the acquisition of US-based Freedom Innovation
PSG and Verdane's Hornetsecurity bolts on Altaro
Providence Strategic Growth joined the IT security company's shareholder base in July 2020
Waterland's Netgo bolts on Arxes-Tolina
Bolt-on is Netgo's sixth acquisition since Waterland acquired the IT service in October 2019
Investcorp-backed Impero acquires Netop
Acquisition was made partly to internationalise Impero's business, particularly in the US
Apse-backed Kallidus acquires Sapling
This is Kallidus's second acquisition following the purchase of Engage in Learning in March 2020
LDC-backed Linley acquires MML's Lomond in £100m merger
Co-founder and CEO of Linley & Simpson, Will Linley, will join the board as group managing director
Triton announces merger of AVS, Chevron, Fero and Ramudden
Merger of Triton's four traffic services portfolio companies follows a refi earlier in December
VC-backed Cazoo acquires Target Global-backed Drover
Cazoo generates revenue of ТЃ150m and has a valuation of more than ТЃ2bn