Build-up
BDC's Cruise.co.uk acquires Kreuzfahrtberater for €25m
Existing shareholders and Permira provided additional funding to finance the bolt-on
Livingbridge-backed Carousel buys LSI Logistik
Both companies will continue to operate under their own brands but will share client networks
PE-backed Hydro Holding buys Raccorfer
Build-up platform Hydro Holding is backed by Mandarin Capital Partners and Imi Fondi Chiusi
GCP-backed Arrow acquires Worksmart
Acquisition of healthcare- and finance-focused firm is the second bolt-on under GCP's tenure
Clessidra sells Bitolea to Stirling Square's Viscolube
Deal sees the GP exit the Italian chemicals producer after a five-year ownership period
Investindustrial's Artsana acquires additional 50% of Prénatal
Artsana becomes the sole shareholder of baby products distributor Prénatal Retail Group
Livonia's Ha Serv buys Suomen Lämpöpuu
Livonia acquired the Estonian wood products manufacturer in its first ever deal in early 2016
NorthEdge's Belfield bolts on Tetrad
Furniture and home furnishings designer buys out its Lancashire-based rival
Endless-backed Essential Fleet bolts on Go Plant
Specialist vehicle service acquires self-driving road sweeper manufacturer for an undisclosed amount
Oakley-backed Plesk buys Xovi
Xovi will be integrated into Plesk's existing website-building software as an SEO extension
Amadeus, Oxx back merger of Relayware and Zift
Transaction was managed by Oxx Capital, which has taken over management of some Amadeus portfolio companies
Battery Ventures-backed PST buys Rotronic
Company will join Battery's existing process-measurement companies Analytical Industries and Michell Instruments
Primary-backed Maru acquires SynGro
Primary Capital injected £45m growth capital in Maru Group in February 2016
Ardian's Italmatch buys Magpie Polymers
Magpie was previously backed by Emertec Gestion via the Fonds Lorrain de Materiaux
BGF sells Chemoxy stake to Eurazeo-backed Novacap
Sale of speciality chemicals manufacturer comes just two years after the GP first invested
Bowmark backs merger of Aston Scott and Lark Group
Bowmark aims to continue its buy-and-build strategy with the new company
Aleph and BPI back Ekinops' acquisition of OneAccess
OneAccess has been backed by a consortium of VCs since 2003, including Idinvest and CM-CIC
Argos Soditic's Valco acquires TCR Capital's D2FC
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Lyceum's Isotrak acquires VeriLocation
Global GPS software developer strengthens its presence in the UK with the purchase
Bain's European Tyres Distribution acquires Reiff division
Deal for tyre distributor is the second acquisition for the pan-European buy-and-build platform
CM-CIC backs Le Normandy and Clinique Développement merger
CM-CIC started backing the Le Normandy group in 2000, structuring a €9.3m financing round
GTCR-backed Callcredit acquires Confirma
UK-based software analytics company expands its business in Spain
Sofindev exits Syx Automations
Sofindev acquired Syx in 2013, drawing equity from its €50m third vehicle Sofindev III
Cairngorm-backed Stevenswood bolts on Sameday
Cairngorm Capital's door and window distributor completes its fourth acquisition