Articles by Eliza Punshi
IK sells minority stake in Third Bridge to Astorg
IK Investment Partners has entered into an agreement to sell its minority stake in Third Bridge to French private equity firm Astorg.
eEquity, Bonnier Ventures sell Refunder to trade
eEquity exits the company three years after acquiring a majority stake in the company, and achieved a multiple of 3-5x on the transaction
Holland Capital invests in Intercept
Company will use the capital injection to scale up its product development and expand internationally
HBM Healthcare leads €127m series-B for IO Biotech
Funding follows the US Food and Drug Administration granting the company breakthrough therapy designation for its lead programmes
BlackRock et al. back Immunocore in $75m series-C
Biotech company has raised $620m in equity and debt since being founded in 2008
Alder sells Nordic Water to trade
Swiss buyer is paying €119m for the company and will see Alder and the management exit the business
Marlin and Francisco to merge Unifaun and Consignor
GPs will be equal shareholders in the combined business and own a majority stake in the company
CVC Capital Partners buys Stark Group from Lone Star
GP paid around €2.5bn for the company, deploying equity from CVC Capital Partners VII
EQT, Verdane to merge Confirmit and FocusVision
Combined company will be led by Confirmit CEO Kyle Ferguson and supported by management of both companies
Sofinnova et al. in €35m series-C round for CorWave
Company has so far raised €80m in funding since being founded in 2012
Flexstone Partners appoints head of ESG
Gibert, who joined Flexstone Partners in 2014 and is based in Paris, will take on the new role in addition to her existing responsibilities
Holland Capital invests in media agency Purple
GP is currently investing from its Holland Capital Growth and Buyout Fund IV, which held a first close last June on €117m
Unigrains secures minority stake in Innatis
GP has also backed Innatis's acquisition of Domaine des Coteaux, a producer of peaches, nectarines, apricots, cherries and kiwis
IK buys LSA from BlackFin
BlackFin exits the company five years after wholly acquiring it, then operating as Lucheux
PAI buys MyFlower from LFPI and Montefiore
GP is deploying equity from its latest vehicle, PAI Mid-Market fund, which held a first close in October 2020
Adelis buys stake in Finnish digital learning firm Valamis
Current management will retain a significant stake in the company and continue in their roles
Weinberg Capital buys supermarket chain Marcel & Fils
GP is deploying equity from its third fund, and Marcel & Fils is its fourth investment from the vehicle
Evoco carves out six industrial companies from Gesco
GP is deploying equity from its third fund, Evoco TSE III, which held a first close in June 2020 on €93m and is targeting €150m
VF Venture leads €9.4m investment in Reform
Company will use the proceeds for further digitalisation and accelerated growth
Aksia in exclusive talks to acquire MIR – report
De'Rossi & Associati is reportedly acting as a legal adviser to MIR, while Mediobanca is running the process
MB Funds to sell A-Katsastus to Finnish cooperative Tradeka
Exit comes a year and a half after the Finnish GP acquired the company from Bridgepoint, having also owned the company between 2003 and 2006
Maj Invest acquires Ferm Living from Vendis Capital
Deal reportedly values the interior design company at around €67m
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on £575m in February 2017