Buy-and-build
GED’s Envases Soplados buys Espaçoplas
Company intends to consolidate its presence in Iberia and create a platform in the PET bottle market
FPE-backed Optimity acquires Pebble IT
Optimity makes the acquisition using a mix of new equity from FPE and debt from Clydesdale
Aksia-backed Primo invests in L Catterton's CareDent
Combined group will operate a network of 155 dental clinics and generate revenues of around €100m
Mandarin's Coffee Holding bolts on Yespresso
Deal is part of the buy-and-build strategy pursued by the GP to create a coffee production platform
KKR-backed Gamma takes stake in Univercells subsidiary
KKR's $50m investment in Univercells will be drawn from its Health Care Strategic Growth Fund
Temasek takes minority stake in FNZ
FNZ expects to benefit from the LP's presence in Asia, as it plans to grow its business there
Charterhouse-backed Tarsus acquires Unfiltered Experience
GP's tenth fund acquired Tarsus in 2019 in a deal that valued its equity at £552m
Preato sells Machinery to portfolio company YE for €18.75m
Preato Capital sells its stake of almost 94% in the deal, which values Machinery at €26.16m
IK-backed Schema buys software provider Docware
Combined group expects to boost its growth and enlarge its customer base to 1,000 clients across 25 countries
HIG Capital-backed Cadica buys Scatolificio Giorgi
GP intends to pursue an intense aggregation strategy with further acquisitions across the sector
Emeram-backed Diva-e buys ProVision
E-commerce business has made several add-ons since Emeram bought a majority stake in 2015
Augens, BMO-backed Impresa San Siro bolts on Serpi
GPs intend to pursue a buy-and-build strategy and create a platform in the funeral services sector
3i creates new bioprocessing platform with Cellon acquisition
GP is currently looking for a CEO to sit across the divisions of the new platfom
Mandarin's Neronobile acquires Daroma
Mandarin intends to further expand the business and create a platform across the Italian coffee sector
Horizon supports three bolt-ons for DMC
Horizon is currently investing from its Horizon Capital I fund, which closed on £200m in 2018
Ambienta's Aromata buys Nactis, creates flavourings group
New group will be rebranded as Nactarome and will further expand across the European food flavours market
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Paine Schwartz invests in Warburton
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014
Equistone-backed WHP Telecoms acquires Sitec
Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI
Apiary invests in Roar Techmedia
Unquote understands the entry multiple for the trade events company was 6-8x EBITDA
Alantra's Unión Martín buys Mauritanian fishing company SMPI
Following this bolt-on, Alantra intends to further support Unión Martín's international expansion plan
Ardian's Dedalus carves out Agfa-Gevaert's healthcare IT business
Dedalus buys the business for an EV of €975m, with the aim of creating a healthcare software group
Amerra-backed Andromeda bolts on two aquaculture companies
Deal is financed by Amerra Capital, together with Abu Dhabi-based Mubadala Investment Company