Deals
Consortium in €20m funding round for Tehtris
Cybersecurity software platform drew investment from sponsors including Ace Management
Caledonia-backed Liberation acquires Wadworth pub portfolio
LGV Capital sold UK pub operator Liberation Group to Caledonia Investments for £118m in 2016
Main Capital buys Sweden's Pointsharp
GP will pursue a combination of organic growth and acquisitions in the Nordics, Benelux and DACH
Redcentric ends sale process following discussions with Macquarie
Redcentric is currently trading at £123.32 per share, while it was trading at £147 on 2 September 2020
Kurma, Sunstone lead CHF 20m round for Synendos Therapeutics
Investors including HTGF also backed the central nervous system disorder therapy developer
Electra hires Stifel for Hotter Shoes sale
Skelmersdale-based Hotter had revenues of £89.3m in the year ending on 31 January 2020
Aglaé, BPI France lead $30m series-B for Livestorm
Raise Ventures and Idinvest also take part in the round, which brings the total amount raised by Livestorm to $35m
Marlin Equity Partners to acquire majority stake in Coyo
Competition authority filing states that the GP is to invest via its Heritage Europe II fund
Second-round bids due next months for Kotkamills - report
Triton Partners is one of the GPs vying for the company, according to Mergermarket
Turenne backs ABL Lyon
GP invests via Turenne Capital Santé 2, a healthcare-dedicated fund with a €165m hard-cap
BWK buys minority stake in Qlocktwo
Managing director of the clock and watch producer, Jens Adamik, also takes a minority stake
Capiton's Euro Vital Pharma buys Principle Healthcare
Capiton acquired the health products manufacturer in 2018; the company continues to seek bolt-ons
Innovestor leads €1.1m seed round for Linear
Startup will use the proceeds for future growth and expansion to new markets
360 Capital, Fuel Ventures lead $65m round for Heroes
Angel investors include Matt Robinson and Carlos Gonzalez-Cadenas, former GoCardless executives
Quadrivio acquires fashion brand GCDS
GP deploys capital from Made in Italy Fund, which targets companies across the fashion, design and food industries
Literacy invests in Tyrefix
Literacy Capital generally invests in companies with EBITDA of £1-5m and is sector-agnostic
IK buys majority stake in GeoDynamics from Sofindev
Sofindev had reportedly been looking to sell its 50.1% in the company and had mandated EY for the process
Altitude exits Mortec Semiconductor for 12.6x return
Altitude acquired the company in July 2016 in a deal that valued the company at around £1m
Capvis buys Arag
GP invests in the company via Capvis Equity V, which held a final close on €1.2bn in September 2018
Vesalius Biocapital leads €50m round for CatalYm
VCs including Forbion, BioGeneration Ventures and Coparion also back the immunotherapy developer
MCH sells Lenitudes, invests in Atrys
Sale ends a six-year holding period for MCH, which acquired a 66.5% stake in Lenitudes via its third fund
Via Equity invests in ESmiley
Deal is the GP's first from its fourth fund, which held a first close last month and is targeting €175m
Ufenau to acquire Mac IT-Solutions
Ufenau intends to build an e-commerce software platform via a buy-and-build strategy
MIG leads €39m series-A round for IQM
"Deep tech" startup has so far raised €71m since being founded in 2018