Articles by Alessia Argentieri
Square buys VC-backed payment app Verse
Verse joins the Cash App division at Square and continues to operate as an independent business
Gradiente buys three companies, creates Argos Surface
GP deploys capital from Gradiente II, which held a final close on its €135m hard-cap in 2019
Asabys, BPI France, Ysios in €30m series-A for Ona Therapeutics
Company intends to use the financing to complete the pre-clinical trial of its lead candidate drug
Bain Capital, FSI to bid for Serie A – report
Bain Capital makes a €3.4bn preliminary offer for a 25% stake in Serie A, while FSI shows interest
Ubi Banca buys stake in Green Arrow Capital
This is the first financial investor that has entered the capital of the firm, owned by its founding partners
Xenon-backed Impresoft bolts on Progel
Following the deal, Progel's founders will stay on with the business and reinvest in the combined group
Secondaries players weigh up risk and rewards of "ring-fencing" deals
GP-led transactions isolating assets hardest hit by the Covid-19 crisis could appeal to adventurous secondaries players, but challenges abound
Black Toro exits steel producer Irestal
Deal ends a five-year holding period for Black Toro, which boosted the company's growth and expansion
Asabys, Alta Life lead funding round for Inbrain
Asabys invests via Sabadell Asabys Health Innovation Investments, which was launched in 2019
OGCI, Cathay, Atomico in €17m round for OnTruck
Idinvest Partners, Total Carbon Neutrality Ventures and Endeavor Catalyst also take part in the investment
Cerea to launch third buyout fund
Cerea also plans to launch its fourth mezzanine vehicle with a €250-275m target next month
Inveready leads €5m investment in biotech startup Oxolife
State-backed CDTI also takes part in the round, alongside BStartup, HighStick and other private investors
Elaia leads €10m series-B for The Hotels Network
Previous backer Seaya Ventures and Seedrocket 4Founders also take part in the investment
DC Advisory hires Bijoor as managing director
Bijoor joins DC Advisory from Guggenheim Securities, where he was a managing director
Ysios Capital raises €155m for third biotech fund
Ysios BioFund III provides financing to early- and mid-stage, highly innovative life sciences companies
Progressio-backed Gampack bolts on Futura Robotica
With this add-on, Gampack plans to broaden its offering, while expanding its commercial network
Azimut launches €50m venture capital fund
Azimut Digitech Fund invests in B2B software startups, with a focus on software-as-a-service operators
K Fund launches €70m second vehicle
Fund targets companies operating in the internet and mobile technology sectors
Alpha-backed AMF bolts on Mimest
Founders and management team reinvest in the business and continue to lead the company
P101 sells stake in Tannico to Campari
Campari Group acquired an overall stake of 49% in the company with an investment of €23.4m
Pillarstone Italy launches €600m turnaround fund
Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies
Norvestor Equity sells Wexus to TDR-backed Algeco
Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund
Magnum-backed Aire Networks bolts on LCRCom
Company plans to further consolidate its market position, expand its business and enlarge its offering
GP Profile: Suma Capital
Spanish GP is currently raising its second fund, and is cautiously looking at investment opportunities in the current climate