The Independent Voice of
European Private Equity

Advanced Search

€200M or less

Synova backs Synectics Solutions

The GP typically invests £15-150m into companies valued between £20m and £250m

Synova Uk

BGF backs UK-based human risk management platform with £3.25m

Yorkshire and Northeast investor Rob Johnson, who led on the deal, will join the portco's board

Bgf Kpmg Squire Patton Boggs Tax Advisory Partnership Uk Walker Morris

IK Partners invests in A-Safe

The Yorkshire-based company produces polymer-based products for factories and warehouses

Hsbc Ik Partners

Genesis Capital’s HP TRONIC Group buys back shares from GP

The Central European investor first backed HP TRONIC in 2017

Czechia Genesis Capital Slovakia

Mutares acquires Greenview Group from Cordovan Capital and CEO

The platform investment is Mutares' fourth acquisition in 2024

Cordovan Capital Management Mutares Northern Ireland Uk

Battery Ventures-backed Proemion expands industrial asset analytics platform

The German company has acquired TrendMiner for €47m

Battery Ventures Belgium Germany Proemion Holding

All Seas Capital invests in Reducate EdTech Group 

The deal marks the GP's first investment in the Netherlands

All Seas Capital De Brauw Blackstone Westbroek Deloitte Ey Lincoln International Rsm Strategy&

FairCap carves out Swedish agricultural manufacturer

Transaction was "complex", involving several offices, according to FairCap

Carve-outs Faircap Sweden

FCDE acquires French textile-fibre designer

Kermel’s management team, led by CEO Philippe Declerck, has also invested in the firm

Accuracy Dc Advisory Dla Piper Duroc Partners Erm Ey Fcde Gibson, Dunn & Crutcher Gramond & Associés Indefi Kartesia Lek Natixis Investment Managers Qualium Investissement Ramboll

Cairngorm Capital sells industrial specialist distributor

During the GP's holding period the business completed one acquisition

Arrowpoint Advisory Bdo Browne Jacobson Cairngorm Capital Partners Continuum Deloitte Fairgrove Partners H2glenfern Johnston Carmichael Lockton Nvm Private Equity Rothschild & Co

Genesis Capital acquires Hungarian automotive-distribution IT specialist

The GP aims to capitalise on the ongoing digital transformation in vehicle distribution chains

Amplify Consulting Digital Transformation Ecovis Ey Genesis Capital Kinstellar Oppenheim

BGF pumps £6.25m into energy utility consultant Skewb 

The funding will support expansion of the company’s suite of products and services

Bgf Browne Jacobson Claritas Tax Clearwater International Freeths

Genesis Capital’s first growth equity fund marks inaugural exit

The GP first invested in Homecare Holding in 2020

Czechia Genesis Capital

Karmijn Kapitaal invests in tree-conservation company

InvesTree is the latest addition to the firm's Dutch SME portfolio, which includes companies active in biogas, art and culture, clothing and beer

Karmijin Kapitaal Netherlands

MML Capital-backed Zanders expands consultancy expertise with Dutch bolt-on

The deal represents Zanders' third bolt-on since MML first invested in 2021

Abn Amro Dc Advisory Grant Thornton Mml Capital Partners Pinsent Masons

Deal in Focus: Apiary’s 4x return on sale of entertainment touring agent TAG worth the wait

Apiary's Mark Salter and ECI's Rory Nath speak to Real Deals about the exit

Apiary Capital Browne Jacobson Clearwater International Eci Partners Rothschild & Co Squire Patton Boggs

STG Partners takes London fintech private

The Californian sponsor has delisted London-based fintech Gresham Technologies

London Stock Exchange Paul Hastings Stg Partners

Mutares powers up Polish high-voltage services business

The carve-out is the third transaction by Mutares in 2024

Carve-outs Mutares Poland

Juuri Partners creates the largest online pet health store in the Nordics

The Finnish GP has backed Alvar Pet and concurrently inked its first bolt-on

Borenius Dotir Finland Juuri Partners Kpmg

MVI Equity-backed Nordic Drives Group bolsters Danish portfolio with new acquisition

The deal further strengthens the business's capabilities in Northern Europe

Denmark Mvi Equity Sweden

Sobro backs Swedish building consultancy

All existing owners will remain as "significant" shareholders

Sobro Sweden

Verdane backs Corlytics

Fresh funds to support organic growth, M&A activity and investments in “intelligent offering”

Baird Deloitte Ireland Mckinsey Pwc Verdane

Aksia-backed Italian food group Ifex buys Savi Alimentare

The deal was completed via Aksia's Fund V

De Luca & Partners Ey Giliberti Triscornia And Associates Italy Luigi Attardo Parrinello Russo De Rosa Associati

AnaCap acquires majority stake in property management platform

The GP will look to help Yard Reaas accelerate its international expansion strategy in Southern Europe

Allen & Overy Anacap Italy Vitale

Kennet Partners backs Fluid Topics with €15m

Cillian Hilliard, director, and Hillel Zidel, managing director at Kennet, will join the portfolio company's board of directors

France Kennet Partners

Sofindev acquires coffee-machine distributor Hillewaert

The deal represents the third investment of Sofindev VI

Acquisitions Benelux The Netherlands

CapMan Growth completes first investment from Equity Fund III

The Finnish GP has picked up a minority stake in waste-equipment company Tana as part of an investor consortium

Capman Circular Economy Finland Recycling

Deal in Focus: Literacy Capital picks up minority stake in Live Business Group

Literacy CEO Richard Pindar tells Real Deals that the opportunity came through its advisory network

Literacy Capital London Uk

Brera Partners acquires 70% of GBSapri

The deal value is confirmed to be below €100m

Kpmg Pwc

Roycian backs McAndrew Martin £7m MBO

A deal-by-deal investor, Roycian has about 35 LPs involved in this transaction

Mbo Uk

Nordwind Growth backs Stackfield

The investor said it was impressed by Stackfield’s commitment to innovation, security and customer satisfaction

Communications Germany Stackfield

N4 Partners ups stake in Opulus Financial

The Glasgow-based investment firm has become the majority shareholder

N4 Partners Scotland

Equistone-backed Andra Tech Group bolts on Lucassen Group

The GP will support the firm’s expansion in the Netherlands

Netherlands Pwc Vesper Infrastructure Partners

Genesis Capital acquires minority stake in Kasper Kovo

The firm invested through Genesis Private Equity Fund IV

Genesis Capital

Alcuin backs Mainprize Offshore

This deal is the sixth investment from Alcuin’s fifth fund

Alcuin Capital Partners Uk

Verdane backs Nordic software provider Ingrid

The transaction also saw participation from Schibsted Ventures

Sweden Verdane

MML eyes Gravotech sale

The firm acquired Gravotech alongside BPI France in 2018

France Mml Capital Partners

Sherpa sells Horizons Optical

Sherpa acquired the business in 2017 through its Fund II

Oakley Capital Sherpa Capital Spain

Bravo Capital Partners-backed In Group bolts on Tecno In

The deal represents In Group’s second bolt-on, after it acquired Insitu in December 2023

Bravo Capital Partners Deloitte Goetz & Partners Pedersoli And Pantè Russo De Rosa Associati Studio Associato Ac Avvocati E Commercialisti

Unigrains Italia acquires La Prensa

The GP aims to support the business’s development through organic and external growth

Abele Marco Asinari Alexa Invest Alvarez & Marsal Bird & Bird Bnl Equity Investments Civesio Printing Dwf Erm Italia Gitti And Partners Goetzpartners Illimity Bank Italy Pirola Pennuto Zei & Associati

GCP-backed Bridewell acquires Arculus

The deal allows the firm to expand into the public sector

Addleshaw Goddard Cavendish Cowgills Cybersecurity Flint Global Gbh Growth Capital Partners Hsbc Pinsent Masons Uk

Talde Private Equity acquires Plymouth Group

The deal represents the fourth investment of Talde Capital Crecimiento II FCR fund

Euskaltax Majority Stake Pwc Spain Talde Private Equity

Genesis Capital acquires Czech metal manufacturer

GAF has more than doubled its turnover in the last four years

Czechia Genesis Capital

Coniston Capital invests in Equity Networks

The deal will enable Equity Networks to build on its acquisitive growth strategy

Barnes Roffe Browne Jacobson Coniston Capital Old Mill

LDC-backed Onecom acquires Excalibur Communications

The bolt-on represents the 11th acquisition since the GP first invested in 2019

Ldc Uk

Liberta Partners acquires Negotiation Advisory Group

Former managing director of NAG Katharina Weber will take over as COO

Germany Liberta Partners

Deal in Focus: Synova invests in Mecsia

Alex Bowden, partner, tells Real Deals that the GP acquired the target because of the firm’s consolidation potential and strong growth

8advisory Claritas Tax Dc Advisory Deloitte Foot Anstey Kpmg Lek Liberty Corporate Finance Mdw Capital Partners Osborne Clarke Pwc Rockpool Investments Synova Taylor Wessing

H.I.G. exits ICG Group

The communications business has been sold to a trade buyer

France Germany H.i.g. Capital

Equistone-backed Buko bolts on Road Traffic Solutions

The GP will support the firm’s expansion in the UK and neighbouring countries

Clearwater International Clifford Chance Equistone Partners Europe Gateley Netherlands Pwc Roland Berger Rsm Uk

Erhvervsinvest acquires Bisca A/S

The GP is ready to capitalise on new markets

Denmark Erhvervsinvest Food

Genesis Capital acquires Schulte Group

The deal was made via the GP’s Genesis Private Equity Fund IV

Czechia Deloitte Genesis Capital Kinstellar Moore Advisory

FSN Capital-backed OptiGroup bolts on Ubro SystemPac A/S

The GP aims to consolidate the business’s presence in the Nordics

Denmark Fsn Capital

Hg-backed Septeo acquires ACIGrup

The GP first invested in the business in 2020 through its Hg Genesis 9 fund

Hg Capital Spain

Deal in Focus: NorthEdge backs Contollo

NorthEdge director Liam May tells Real Deals that the deal origination was relationship-driven

Northedge Uk

Exclusive: Quilvest acquires Acuiti Labs

Thomas Vatier, partner and co-head of buyout, tells Real Deals that the investor plans on leveraging its transatlantic expertise to grow the business

Asia Fried Frank Houlihan Lokey North America Quilvest Capital Partners

CVC-backed Douglas Group plots $1.2bn IPO

The group aims to complete the listing in the first quarter of 2024

Bnp Paribas Citigroup Cvc Capital Markets Cvc Capital Partners Deutsche Bank Germany Goldman Sachs Intesa Sanpaolo Ipo Jefferies Ubs Unicredit

Deal in Focus: Bridges Fund Management exits Vegetarian Express

Partner Emma Thorne tells Real Deals the GP first initiated an exit process in early 2020 but it was shelved when the pandemic struck

Bridges Fund Management Food Impact Investing Nvm Private Equity Uk

LDC backs Brighton-based software developer

LDC partner and head of south Aylesh Patel, plus investment manager Josh Wachman, will join the portco’s board as non-executive directors

Clearwater International Ldc Pwc Software Travel Uk

Isatis Capital secures ownership of 3R Industries Group

The firm invests in unlisted French SMEs

Bnp Paribas Bpi France Cic France Isatis Capital Lamartine Conseil Société Générale Société Générale Cib Taylor Wessing

Kester Capital exits Jollyes for healthy return

The business more than doubled its revenues during Kester’s holding period, the GP said

Barclays Blick Rothenberg Cms Houlihan Lokey Hsbc Jamieson Corporate Finance Kester Capital Osborne Clarke Pwc Tdr Capital Uk

Palatine acquires majority stake in water and environmental consultancy

The deal is the fourth investment from the GP’s Impact Fund II

Cil Consulting Equator Fellwood Gateley Palatine Rsm Uk

Liberta Partners acquires AMEC

The deal represents the first acquisition from Fund III, which closed on €75m

Germany Liberta Partners

Gilde Healthcare co-leads series-B round in Arga MedTech

Advent Life Sciences and Earlybird Venture Capital also invested in the round

Advent International Gilde Healthcare Switzerland Us

British Patient Capital invests in Curve Therapeutics

The deal was part of the firm’s series-A round

British Patient Capital Healthtech Uk Venture Capital

NVM acquires Vegetarian Express

The deal represents the GP’s eighth transactions in 12 months

Aon Continuum Deloitte Esg Food Strategy Associates Gateley Houlihan Lokey Joelson Nvm Lawyers Nvm Private Equity Rsm Uk

YFM backs Smart Numbers MBO

Founder Scott Woolaway will continue to hold a “significant” shareholding in the business

Cil Confidas People Gateley Grant Thornton Hazlewoods Lockton Marketing Pkf Francis Clark Taylor Rose Uk Yfm Equity Partners

Gilde Healthcare leads financing in Mainstay Medical

The financing round also included new backer Viking Global Investors

Gilde Healthcare Ireland

Foresight Group backs Live Group with VCT investment

The VCT funding will support the company to develop its audience engagement technology

Azets Brightbridge Catalysis Charles Russell Speechlys Cloud Origin Crowe Events Foresight Group Kryptocloud Shoosmiths Uk Vct Vista Whitecap Consulting

Deal in Focus: Lightrock consortium completes take-private of Velocys

Real Deals speaks with Lightrock’s Kevin Bone to understand the dynamics behind the GP’s first take-private deal

Lightrock

Gimv exits Groupe Acceo

The Belgian GP supported the firm with four bolt-ons

Belgium France Gimv Sagard

Horizon Capital acquires GFC Media Group

The GP will support the business with add-ons

B2b Events Horizon Capital Uk

Montagu-backed ParentPay Group bolts on GDPRiS

The acquisition aims to further develop ParentPay Group’s client offering

Montagu Uk

GP Profile: Arca Space Capital

CEO Ugo Loeser tells Real Deals the PE fund is currently assessing two new deals

Arca Fondi Arca Space Capital Fundraising Gpf Capital Gps Italy

Chiltern backs MBO of Strata Products

The GP will support the firm’s product offering and expansion

Chiltern Capital

Nordic Capital-backed Conscia acquires ITGL

The deal marks the 17th acquisition by the business in the last decade

Cybersecurity Denmark Ireland Nordic Capital Uk

Connection Capital backs Winder Power MBO

The GP backed the management with a mix of debt and equity

Clarion Connection Capital Corpfin Mercia Asset Management Rsm

Chiltern Capital invests in Rapid Repair Network

The lower midmarket firm recently exited its stake in Steer Automotive to Oakley

Chiltern Capital Farleys Frp Corporate Finance Frp Debt Advisory Marriott Harrison Oakley Capital

Maguar Capital-backed HRworks bolts on Bonrepublic

The GP first invested a majority stake in the business in 2020

Blomstein Code&co; Germany Herbst Kinsky Kpmg Maguar Capital Partners Saas Schindler Attorneys Software

Hyperion Equity Partners inks twin acquisitions

The PE firm has launched Ranger Fire and Security Group following the investment

Cortus Transaction Services Gateley Hyperion Equity Partners Rsm Uk

Vendis Capital-backed Silver Care bolts on Well-Fair

The deal represents the second acquisition for Silver Care

Belgium The Netherlands Vendis Capital

Mutares acquires Temakinho restaurants

Temakinho offers Japanese-Brazilian cuisine

Bc Partners Italy Mutares

Sherpa Capital acquires Logistica Carosan

The GP will support the firm’s expansion with a focus on fleet increase

Sherpa Capital Spain

Rockpool invests £8m in Harley Academy

The PE generally aims to multiply capital by three times or more during a five-year period

Rockpool Investments Uk

BGF reinvests in KYND

The growth investor first invested in the firm in 2022

Bgf Phoenix Equity Partners Uk

Deal in Focus: BD Capital acquires controlling stake in TLC Worldwide

Andy Dawson, co-founder and managing partner, tells Real Deals the GP’s operator-led approach resulted in the partnership

Bd Capital Bdo Cannacord Genuity Cil Goodwin Procter Jegi Lockton Nyman Libson Paul Pwc Retail Stephenson Harwood

Deal in Focus: Ambienta acquires Officine Maccaferri

Ambienta’s Mauro Roversi tells Real Deals the GP plans to support the firm via organic and inorganic growth

Alixpartners Ambienta Bain & Co Clifford Chance Esg Frm Italy Kpmg Pwc Sustainability

Auctus exits Profiltubi Group

The GP first invested a majority stake in the business in 2020

Advant Auctus Capital Partners Italy

Growth Capital Partners backs Electric Theatre Collective

The deal was done on a proprietary, bilateral basis, a spokesperson for the firm told Real Deals

Cil Confidas People Dickson Minto Growth Capital Partners Intechnica Jegi Rsm Uk Vista

Deutsche Invest-backed Brick Group bolts on Tank & Becker

It is the first acquisition since the GP formed Brick Group in 2023

Deutsche Invest Capital Partners Germany

Bregal-backed Italgel Group bolts on Protein

It is the first acquisition by Italgel since Bregal first invested in 2022

Aecom Alvarez & Marsal Bregal Investments Cuatrecasas Deloitte Essentia Gomez Acebo & Pombo Legance Pedersoligattai Spain Uria Menendez

TEP Capital invests in process outsourcing specialist

Profit4You represents the fourth investment by the Polish GP

Poland Tep Capital Thomas Gruppe

Ufenau Capital-backed KSG bolts on Defluo and Maxicleaning

KSG has completed more than 20 bolt-on acquisitions since the GP’s investment in 2017

Belgium Switzerland Ufenau Capital Partners Uk

Gresham House Ventures sells Master Removers stake

Gresham initially invested £7.2m in the business in December 2014

Gresham House Logistics Trade Sale Uk Vct

Keensight Capital-backed Bedford Consulting bolts on Mentat Technology

It is the third acquisition by the business since Keensight's first investment in 2022

Keensight Capital Uk

Mérieux Equity Partners acquires InnoSyn

The deal represents the ninth transaction by MP4 and its first in the Netherlands

Boels Zanders Ey Ey Parthenon Healthtech Loyens & Loeff Mérieux Equity Partners The Netherlands Venture Capital

Ocorian acquires Bovill

Fund administrator adds regulatory consultancy firm into its compliance offering

Ocorian

Kennet and Federated Hermes invest in Screendragon

Screendragon's executive chairman Clive Sirkin has named a new board of directors

Federated Hermes Private Equity Fladgate Ireland Kennet Partners Kroll Pagemill Partners Uk Us Wilson Sonsini

Accent Equity portco acquires CM Betong

The GP acquired a majority ownership in Linotol in 2023

Accent Equity Norway Sweden

Key Capital picks up minority stake in SJA

It is the sixth investment from Key Capital Partners Fund IX

Addleshaw Goddard Aon Azets Dwf Evolve Hmt Key Capital Partners Rpl Stratton Hr Uk

General Atlantic invests in Funda BV

Michel van der Bel, former president of Microsoft in EMEA, has been appointed as chair

Abn Amro Axeco De Brauw Blackstone Westbroek Dentons Dla Piper General Atlantic Jb Law Laus Legal Nvm Private Equity Rothschild & Co Stak The Netherlands Van Doorne Weil Gotshal & Manges