H2 Equity Partners
Going, going, not gone: PE auctions bid for relevance amid risk-off environment
With a debt financing drought and macro woes denting exits, GPs are adapting the traditional M&A auction in favour of more flexible bilateral negotiations to get deals across the line
H2 turns to bilateral talks to get Optegra sale over the line, sources say
Deal with MidEuropa sealed after auction for ophthalmology group went quiet earlier this month
MidEuropa takes majority stake in Optegra
H2 Equity reinvests with minority share; sale saw interest from Partners, HIG, CapVest
H2 Equity's Optegra sale advances to second round
UK-based ophthalmology business has received NBOs implying an EBITDA multiple of more than 15x
The Bolt-Ons Digest – 23 May 2022
Unquote’s selection of the latest add-ons featuring Nordic's Advanz, H2's Optegra, Sovereign's Zenitech, Carlyle's Dept, and more
H2 Equity exits premium logistics group Cadogan Tate to TSG
US sponsor plans to use acquisitions to expand the London-headquartered company abroad; management will retain minority stake
H2 Equity sells Healthcare 21 to trade
H2 invested in the medical supplies business in 2018, merging it with portfolio company Aquilant
H2 Equity readies Brink exit with Houlihan Lokey
Brink will be marketed based on EBITDA of more than €25m, according to one source
Foresight sells FFX to H2 for 4.3x return
H2 focuses on mid-sized companies in the UK, Ireland and the Benelux region
H2 Equity exits PMJ to trade
Sale ends a three-year holding period for H2 Equity, which bought a majority stake in PMJ via its fifth fund
H2 acquires Optegra
Vendor of the ophthalmology company is Eight Roads, Fidelity International's private equity arm
H2 Equity Partners buys Mill Panel
H2 will help the Dutch wooden exterior door panels specialist expand internationally
H2 Equity Partners acquires Contiweb from AIP
Acquisition was backed via H2 Equity Partners' most recent fund, launched in June
H2 invests in Siderise
Manufacturer of insulating materials used in construction made an operating profit of £2.6m in 2017
LDC sells Amberon to H2 after 17-month holding
Temporary traffic lights and roadworks signage provider Amberon acquired Barrier Services in November
H2 sells Oerlemans Foods to trade
Frozen vegetables and fruits producer Oerlemans is bought by Spanish counterpart Virto
H2 buys Healthcare 21
GP plans to merge the two companies and create a combined group with operations across Europe
H2 acquires Aquilant from UDG for up to €23m
Deal for the healthcare products and services provider will see the GP pay €20.5m up front
H2 Equity Partners sells Reparenco in €460m deal
Dutch paper processor Reparenco is bought by Ireland-based packaging company Smurfit Kappa Group
Bencis buys Halex from H2
Deal ends a four-and-a-half-year holding period for H2, which acquired the company in 2013
H2 Equity sells Brink Group to trade for €169m
GP makes the divestment from its 2010-vintage €300m buyout fund, H2 Equity Partners Fund IV
H2 Equity Partners acquires Poultry Machinery Joosten
Firm buys a majority stake in the developer and manufacturer of poultry processing systems
H2 invests in BA Components
Door and furniture component manufacturer will invest in its manufacturing facilities
H2 acquires Search Consultancy Group
Recruitment business will look to expand across the UK and make bolt-on acquisitions