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Buy-and-build

Equistone's CH&CO bolts on Mitie Catering in £85m deal
Equistone's CH&CO bolts on Mitie Catering in £85m deal

Equistone portfolio company makes its first bolt-on since the GP's investment in May 2019

  • Expansion
  • 19 August 2019
ECM-backed Wieners + Wieners acquires BVIW
ECM-backed Wieners + Wieners acquires BVIW

Wieners + Wieners was acquired by ECM's German Equity Partners IV fund, which closed on €230m in 2012

  • Portfolio management
  • 14 August 2019
Tenzing sells FMP to Hg's Iris in maiden exit
Tenzing sells FMP to Hg's Iris in maiden exit

Tenzing's sale of FMP Global generated a money multiple of 5.4x and an IRR of 72% for the firm

  • Exits
  • 14 August 2019
Triton-backed Dogado bolts on Campusspeicher
Triton-backed Dogado bolts on Campusspeicher

Triton has supported ESDA subsidiary Dogado in 12 acquisitions since its original buyout

  • Expansion
  • 13 August 2019
DPE acquires Stromberg
DPE acquires Stromberg

DPE acquires surface protection specialist Stromberg as a bolt-on for its portfolio company

  • Buyouts
  • 06 August 2019
Aurelius carves out BT Fleet Solutions
Aurelius carves out BT Fleet Solutions

Division generated a turnover of ТЃ209.5m in its most recent financial year

  • Buyouts
  • 05 August 2019
Nordic Capital supports Cint in P2Sample acquisition
Nordic Capital supports Cint in P2Sample acquisition

Customer insight software developer Cint already has offices in New York and LA

  • Expansion
  • 02 August 2019
Sovereign backs Premier Park
Sovereign backs Premier Park

GP is supporting the parking operator's founders and is investing from its ТЃ395m fourth fund

  • Buyouts
  • 24 July 2019
Cairngorm acquires Millbrook Healthcare
Cairngorm acquires Millbrook Healthcare

Mobility equipment company will form the basis for a buy-and-build programme in the assisted living space

  • Buyouts
  • 23 July 2019
Waterland's Median Kliniken bolts on Eschenburg, Rhein-Reha
Waterland's Median Kliniken bolts on Eschenburg, Rhein-Reha

Waterland has owned Median Kliniken since 2014 and has now bolted on 21 companies

  • Expansion
  • 23 July 2019
Finexx supports GSE's acquisition of Fitne
Finexx supports GSE's acquisition of Fitne

GSE has acquired dietary supplements manufacturer Fitne from Logocos, a subsidiary of L'Oréal

  • Expansion
  • 16 July 2019
Kester-backed Ceta Insurance bolts on Love Your Hut
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

  • Expansion
  • 16 July 2019
Citic and 3i's Formel D bolts-on CPS Quality
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

  • Portfolio management
  • 12 July 2019
Charterhouse-backed Siaci Saint Honore buys Cambiaso Risso
Charterhouse-backed Siaci Saint Honore buys Cambiaso Risso

Combined group will operate in five new countries while strengthening its position in several ports

  • Portfolio management
  • 12 July 2019
Waterland sells VivaNeo to Impilo portfolio company TFP
Waterland sells VivaNeo to Impilo portfolio company TFP

VivaNeo has closed 12 successful acquisitions during Waterland Private Equity's holding period

  • Exits
  • 12 July 2019
Ardian-backed Dedalus buys IT specialist Softech
Ardian-backed Dedalus buys IT specialist Softech

Company expects to bolster its growth and further consolidate its position in the Italian market

  • Portfolio management
  • 11 July 2019
Riverside-backed GermanPersonnel bolts on Compana
Riverside-backed GermanPersonnel bolts on Compana

GermanPersonnel was acquired by Riverside in May 2018 with equity drawn from Riverside Europe Fund V

  • Expansion
  • 10 July 2019
Waterland-backed Coeo Inkasso bolts on KNP
Waterland-backed Coeo Inkasso bolts on KNP

Waterland acquired Coeo Inkasso in January 2018 and this is its first acquisition in Austria

  • Portfolio management
  • 03 July 2019
Triton-backed AVS acquires Lorenz
Triton-backed AVS acquires Lorenz

Germany-based road safety services provider AVS is pursuing its buy-and-build strategy

  • Portfolio management
  • 02 July 2019
H&F-backed Allfunds bolts on Credit Suisse InvestLab
H&F-backed Allfunds bolts on Credit Suisse InvestLab

Credit Suisse will become a minority shareholder of up to 18% in the combined business

  • Portfolio management
  • 26 June 2019
Charterhouse-backed Cooper bolts on Diepharmex
Charterhouse-backed Cooper bolts on Diepharmex

Geneva-headquartered Diepharmex manufactures products for hygiene and ear care such as ear sprays

  • Portfolio management
  • 21 June 2019
Pillarstone-backed Sirti buys Wellcomm Engineering
Pillarstone-backed Sirti buys Wellcomm Engineering

Company CEO Nino Marsanasco retains a minority stake and continues to lead the business

  • Expansion
  • 14 June 2019
KKR sells credit specialist Sistemia to BC-backed MCS-DSO
KKR sells credit specialist Sistemia to BC-backed MCS-DSO

Group plans to strengthen its position in the Italian credit collection market and boost its growth

  • Exits
  • 12 June 2019
PEP's IDB buys interior design specialist Modar
PEP's IDB buys interior design specialist Modar

Modar is the sixth bolt-on inked by IDB, which expects to reach a turnover of €130m in 2019

  • Portfolio management
  • 10 June 2019
111213
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