Nord Holding
German health minister's 'locust sponsors' comments spook live healthcare deals
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons
Odewald to exit Heizkurier in SBO by Nord Holding
Management and founders of German mobile heating and cooling units provider reinvested in the deal
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
Nord Holding hires Ufenau's Kukwa
Christian Kukwa spent two years with Ufenau and will focus on business services in his new role
Nord Holding launches Small-Cap Fund
Small-Cap strategy will be led from Frankfurt by former VR Equitypartner executive Jan Markus Drees
Nord Holding sells Ruf Group to Waterland
Germany-headquartered bed producer Ruf Betten acquired e-commerce brand Bruno in February 2020
Capiton, Nord Holding sell Engelmann Sensor to DPE
Smart meter business is the final portfolio company in Capiton's 2010-vintage fourth fund
Pinova sells Human Solutions, Avalution to Bridgepoint's Humanetics
Deal is a partial exit for Pinova; the GP will retain fashion design software platform Assist
Nord Holding's Jumpers Group buys Ai Fitness; forms BestFit
Combined companies will pursue a buy-and-build strategy, acquiring fitness studio chains
Nord Holding buys majority stake in Dr Födisch Umwelttechnik
Germany-based emissions measurement company is the GP's third in the environmental technology sector
Nord Holding acquires Bock
Deal is a carve-out from Bock's listed owner, GEA Group, which acquired the company in 2011
Nord Holding buys Oton, Ohrwerk, creates AudiOsono
GP plans to grow the hearing care buy-and-build platform to 150 sites in Germany via add-ons
Nord Holding acquires majority stake in HG Medical
Orthopaedic implants producer saw interest from a number of sponsors in a structured auction process
Nord Holding invests in Ewerk
GP is seeking add-ons for the Germany-based IT service, focusing on DACH targets
Hannover Finanz appoints Pauli as partner in Germany
Robert Pauli previously spent nearly two decades at Nord Holding
Nord Holding-backed Ruf Group buys Bruno
GP invested in the bed retailer in 2016 and Bruno is the company's first add-on acquisition
Inflexion-backed Kynetec bolts on Kleffmann
Inflexion provided fresh equity for the acquisition from its Inflexion Buyout Fund IV
Nord Holding sells stake in Avista Oil
Family office Bitburger Holding and entrepreneur Susanne Klatten's investment arm acquired the stake
Nord Holding sells Parador to trade for €82.8m
Total cash consideration is €72.3m, which includes a payment of €53m to Parador's shareholders
Nord Holding hires Bösenberg
German investment company appoints the former Quadriga Capital partner as head of direct investment
Nord Holding-backed PPS buys Klebefieber
GP said the acquisition complements PPS Group's existing B2C offering, www.bilderwelten.de
Nord Holding sells Wemas to Gimv
Sale ends a six-year holding period for Nord Holding, which acquired the company in 2011
Nord Holding acquires Ruf-Bett and Parador
German furniture group Hüls sold the assets as part of its restructuring process
Nord Holding's PDS acquires TCG
GP initially purchased a 70% stake of PDS in 2006