Exits
Probiodrug raises €22.5m in Euronext IPO
Fresh capital to be used for advancing development of Alzheimer's drug
Deal in focus: Mangrove in partial exit from Nimbuzz
Mangrove's partial exit of Nimbuzz values the company at $250m
Qualium to buy IMV Technologies from Pragma
Deal marks tertiary buyout for animal artifical insemination specialist
EdRip's Saphymo sold to CNIM's Bertin
Bertin is former portfolio company of LBO France
Industrifonden sells SEK 160m of Arcam shares
State-backed fund will remain as largest shareholder in Arcam
Piper exits Justin Craig Education
GP exits six years after £3m acquisition
Aquarius sells Brabant for $35m
Sale comprises $20m in cash and $15m in stock
Mangrove in partial exit from Nimbuzz
Firm has retained a stake in the company and seat on the board
Mobeus continues exit run with sixth sale of the year
Mobeus's divestment of Youngman lifts VCT's realisation value to ТЃ200m for 2014
Summit offloads Telerik to Progress for $262.5m
Summit first invested in Telerik in 2008
Aquarius's C4XD raises £11m in IPO
Aquarius holds a 23% stake in the business following IPO
Holland Venture sells De Ridder to Bunzl
Firm said to have received "excellent return" from sale
Innova Capital sells Meritum Bank to Alior Bank
Deal's value will be paid out in combination of cash and shares
Cabot Square reaps 12x on £160m Equitix sale
EV represents 5x multiple of estimated 2015 EBITDA
Exponent sells Gorkana for £200m
Company sold to US rival, owned by PE firm GTCR
Creandum in Videoplaza trade sale
Company has raised тЌ13m across three funding rounds
European VCs push for improved option distribution
European venture capitalists call for rewards to be more evenly spread
Banexi, BPI sell Quotatis to Adeo
Adeo buys 100% of Quotatis
Constellation divests Ibis to Quadriga
Swiss firm makes 3.8x return with Austrian education provider
Krokus floats Polwax
IPO exit comes two years after Polwax was bought in MBO
Advent sells Median Kliniken to Waterland
Deal values Median Kliniken at around €1bn, including debt
Geberit lining up bid for EQT's Sanitec
EQT listed the asset in 2013 but still holds 20% stake
Rutland to reap up to 2.8x on CeDo sale
Investment set to generate gross IRR of 25%
IK buys Evac from Oaktree
Deal values business in тЌ100-250m range, with 50% debt ratio