OMERS
The Bolt-Ons Digest – 26 January 2023
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
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
EQT Infrastructure in exclusivity to buy Trescal
OMERS Private Equity to retain 25% stake in the French calibration laboratories provider
ECI sells Bionic to Omers reaping 4.8x
Following the sale of the UK-based SME price comparison platform, ECI will reinvest via ECI 10
Omers' Trescal to hit auction block in H2 2022
DC advisory will guide the French calibration services specialist in its upcoming sale
Perwyn appoints investment manager from Omers
Maxime Menu joins from Omers Private Equity, where he worked as a senior associate
Inflexion hires Pagnotta as partner
Isabelle Pagnotta joins from her previous role as managing director at Omers Private Equity
AP Funds, Omers et al. in $2.75bn round for Northvolt
Battery maker has now raised more than $6.5bn in equity and debt, and will use the funding to expand its production capacity
Target Global leads $650m round for Wefox
Round is the largest ever raised in the European insurtech sector, according to Unquote Data
Omers buys into Partners Group's International Schools Partnership
Deal gives the international group of K-12 schools an enterprise value of €1.9bn
KKR buys majority stake in ERM from Omers, AIMCo
Omers Private Equity backed the sustainability consultancy in 2015; the exit is valued at $2.85bn
OTPP, KKR to buy Caruna from First Sentier Investors, Omers
Following deal completion, KKR and Ontario Teachers' will each own 40% in the company, followed by AMF Pension with 12.5%, and Elo Mutual Pension Insurance Company with 7.5%.
Omers leads $20m round for Ultimate.ai
New investor Felicis Ventures also backed the round for the customer service automation software
Livingbridge sells Up Group to Omers-backed Alexander Mann
Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline
Omers considers sale of ERM for £2.5bn – report
Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015
Omers leads £6m series-A for Vara
Omers Ventures associate director Bryony Marshall will join the board of the company
Omers leads $15m round for Flagstone
Existing investors Kindred Capital and Moneysupermarket Group also participate
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
Omers leads €16.25m series-B for Deliverect
Omers Ventures managing partner Jambu Palaniappan will join the Deliverect board
Omers-backed ERM acquires MJ Bradley & Associates
GP in 2015 paid an enterprise value of $1.7bn to acquire ERM from Charterhouse Capital Partners
Omers' Trescal Group bolts on four peers
Under Omers' ownership, the calibration services group completed 21 acquisitions
Omers Ventures et al. back $110m round for WeFox
Round brings the series-B total to $235m and values the digital insurance provider at more than $1bn
Omers Ventures leads $5.2m round for Quorso
Business software company intends to use the investment from the series-A round to expand abroad
Omers Ventures leads €18.5m series-B for FirstVet
Fresh capital will enable FirstVet to expand its service globally and launch in other markets