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Expansion

Chocolate ice cream
PAI-backed Froneri buys Nestlé US ice cream business for $4bn

Nestlé will continue to manage its remaining ice cream operations in Canada, Latin America and Asia

  • Expansion
  • 12 December 2019
Man driving a car
HV Holtzbrinck leads €8.8m seed round for Finn.auto

Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part

  • Expansion
  • 11 December 2019
Website security
Accel leads $11m series-A for Tines

Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019

  • Expansion
  • 11 December 2019
Cloud computing software and services
Consortium invests €22m in InterCloud

Fresh capital will help the provider of cloud access services expand in western Europe

  • Expansion
  • 11 December 2019
Midrahtec Drahtwaren is a manufacturer of steel rods
Cross Equity-backed WDM buys Midrahtec Drahtwaren

Cross Equity Partners acquired a majority stake in WDM in January 2018

  • Expansion
  • 11 December 2019
Insurance brokers
Omers Ventures et al. back $110m round for WeFox

Round brings the series-B total to $235m and values the digital insurance provider at more than $1bn

  • Expansion
  • 11 December 2019
Telecommunications infrastructure
Equistone-backed WHP Telecoms acquires Sitec

Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI

  • Expansion
  • 10 December 2019
Lamp posts and street lighting
WestBridge invests £12.8m in Aptus Utilities

Aptus Utilities has also received financing from OakNorth Bank as part of this transaction

  • Expansion
  • 06 December 2019
African students and scholarship programmes
VCs in £7m round for Perlego

Perlego offers access to online textbooks for a subscription fee of £12 per month

  • Expansion
  • 06 December 2019
Creative agencies and marketing teams
Altor backs Curamando, creates digital marketing group

GP deploys capital from Altor Fund V, which closed on its €2.5bn hard-cap in February 2019

  • Expansion
  • 06 December 2019
Smartphones and social media
Idinvest leads $50m round for Ogury

Idinvest is currently investing from its €350m vehicle, which held a final close in October 2019

  • Expansion
  • 06 December 2019
Cameramen and media broadcast services
Mobeus invests £4m in IPV

Calculus Capital invested €2.5m in the media management software provider in 2015

  • Expansion
  • 05 December 2019
Data analysis
Waterland-backed Netgo acquires Mehrwerk

Acquisition of the business software platform is the second add-on in Netgo's buy-and-build strategy

  • Expansion
  • 04 December 2019
Business loans and computer software
Omers Ventures leads $5.2m round for Quorso

Business software company intends to use the investment from the series-A round to expand abroad

  • Expansion
  • 04 December 2019
Bonuses and incentivisation
Umbra leads $20m round for Hastee

In addition to the equity investment, Hastee receives a $250m credit line from the investors

  • Expansion
  • 03 December 2019
Adult education services
Suma Capital backs education specialist Implika

Suma invests around €10m in the company via the purchase of shares and a capital increase

  • Expansion
  • 03 December 2019
Secondhand cars
VCs in £15m round for Cuvva

Cuvva has recently launched its first product, where customers pay monthly for insurance

  • Expansion
  • 03 December 2019
Databases and financial services
Signa Innovations leads €5m series-A for Realxdata

Paris-headquartered Ventech also backed the round for the Berlin-based data analysis software company

  • Expansion
  • 02 December 2019
Bus routes and long-distance coach services
Tenzing-backed Ticketer buys Fara

UK-based bus ticketing company Ticketer was acquired in 2018 and will now expand to the Nordic region

  • Expansion
  • 02 December 2019
UK loans and debt financiers
VCs in £10m round for Uncapped

Accelerator Seedcamp also invested in the round, as well as several angel investors

  • Expansion
  • 02 December 2019
Sea bream
Amerra-backed Andromeda bolts on two aquaculture companies

Deal is financed by Amerra Capital, together with Abu Dhabi-based Mubadala Investment Company

  • Expansion
  • 29 November 2019
Home cooking with fresh ingredients
NPM Capital et al. in €250m series-C for Picnic

Company will use the fresh capital to develop a robotised distribution centre in Utrecht

  • Expansion
  • 29 November 2019
Data analytics services
YFM, Comhar invest £4.5m in PanIntelligence

YFM is investing £3.5m for a minority stake, alongside an additional investment of £1m by Comhar

  • Expansion
  • 29 November 2019
Legal advisers and business consultants
Mobeus invests £13m in Access Partnership

Mobeus's investment will enable the consultancy to expand its services geographically

  • Expansion
  • 29 November 2019
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