Eliza Punshi
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Articles by Eliza Punshi
Leta launches $100m fund to back Russian-speaking founders
GP will focus on eastern European and Russian-speaking founders who it believes are undervalued and overlooked for funding
Sparkmind closes first Edtech fund on €55m
Vehicle will back up to 25 companies with up to €5m in stages ranging from seed to series-B rounds
Priveq sells Scanmast to trade buyer for €24m
As part of the acquisition, Scanmast CEO Ann-Charlotte Andersson also acquires shares
Accent exits kitchenware retailer Cervera in sale to trade
Under Accent's ownership, the company's revenues increased by more than 70%, and EBITDA nearly tripled
Over a third of LPs track GPs on social media - survey
Survey finds that 38% of LPs use social media to track GPs and a further 29% use social media as part of their due diligence on potential investments
Blackstone leads €665m round for software developer Mollie
Company will use the funding to scale up its team, expand globally, and further develop its technology
Waterland to acquire Norwegian company Bano
Waterland is currently deploying equity from its eighth fund, which held a final close on €2.5bn
Golding Capital holds first close on €161m for co-investment fund
FoF manager expects to hold a final close for the co-investment vehicle at the end of 2021
IK to sell Veritas Petroleum Services to Fremman Capital
Fuel testing company was reportedly marketed off EBITDA between €18-20m
Intera Partners closes fourth fund at €335m
Fund will invest in the lower-mid-market space and target mainly Finnish and some Swedish businesses
FSN closes sixth fund on €1.8bn
GP exceeds its target of €1.5bn for the fund, which was oversubscribed
Ardian acquires NetCo from IK
IK's exit comes two years after it acquired a majority stake in the company via its IK Small Cap II Fund
Patient Square leads $145m round for Apollo Therapeutics
Biotech company will use the funding to advance its lead therapeutic programmes into clinical development
Altor acquires Multi Wing Group
Company was reportedly marketed based on EBITDA of €16m
Axcel acquires veterinary care provider VetGruppen
Company's co-founder and chief operating officer Rasmus Hansen will remain a significant co-owner alongside the GP
Blue Cloud Ventures leads €50m round for Templafy
Insight Partners, Dawn Capital, Seed Capital and Damgaard Company also take part in the round
Inflexion completes €170m take-private deal for Infront
In January, the GP offered €143m to take over the company, but later increased its offer to €170m
Isomer Capital launches €100m co-investment fund
Vehicle will co-invest in European tech scale-ups alongside the venture capital funds in which it is invested
Procuritas merges 12 IT companies to create Frendy
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
SNÖ Ventures launches $100m fund
Norwegian venture capital firm SNÖ Ventures has launched and held a first close for its second fund, SNÖ Fund II, targeting $100m.
LGT closes fifth secondaries fund on $4.5bn hard-cap
GP had a target of raising $3.75-3.80bn for the fund, and is larger than its $2.8bn predecessor
Keensight to buy Adista from Equistone
Company is aiming to double its revenues from €153m in 2020 to €300m by 2025
LP returns from PE at "record levels" – Coller Capital
Two thirds of LPs have now achieved overall net returns of between 11% and 15% from private equity
Verdane, Sprints invest in racket sports platform Matchi
Company reportedly raised €20m from the GPs, which will support the company in its international expansion