Deals
Nordian Capital completes J-Club acquisition
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties
Adiuva's Konzmann bolts on TCon, HSV
Rehms Building Technology has sold the businesses as part of its self-administration proceedings
Lunar raises €40m in series-C funding
Startup has so far raised more than €100m and is backed by VC firms Seed Capital, Greyhound, Augustinus, Socii and private investor David Helgason
Cornerstone Capital exits EppsteinFoils to trade
GP invested in the metal foils producer, then known as Stanniolfabrik Eppstein, in 2008
Atwater invests in EQT-backed Freepik
GP intends to work closely with EQT and the management to support Freepik's growth and expansion
Abris exits locomotive leasing business Cargounit to Three Seas
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Triton completes €387m take-private bid for HiQ International
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Cherry Bay backs Tecnomatic with €17.5m investment
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy
VC-backed Limehome increases series-A by €10m
Accommodation booking site raised €21m from HV Holtzbrinck, Lakestar and Picus Capital in February
Equistone's Group of Butchers sold to Parcom
Sale ends a holding period of almost four years, during which the company made seven bolt-ons
Apollo sells Amissima Assicurazioni to Talanx
Sale does not include life insurance business Amissima Vita, which generated premiums of around €900m in 2019
Gimv exits Eurocept homecare division
Exit has no significant impact on the net asset value of Gimv as of 31 March 2020
Innova to buy PayPoint's Romanian division
PayPoint will use the proceeds to focus on core UK markets
Pureos Bioventures leads CHF 15.2m round for Araris
Round for the biotechnology company extends the CHF 2.5m August 2019 round led by Redalpine
HTGF, Evonik exit Synoste to trade
Deal is HTGF's 11th exit during the coronavirus pandemic, and comes seven years after the VC first invested in the company
Vista-backed Finastra acquires Doorr
Vista formed Finastra through the merger of its portfolio company Misys with D+H, a Canadian fintech group
LLCP acquires metrology specialist NMI
This is the third deal made by Levine Leichtman Capital Partners Europe II, which closed on €463m earlier this month
Five Arrows, TA-backed RLDatix acquires Verge Health
Verge Health's Mt Pleasant-based management team will stay on following the transaction
LLCP buys Triskelion
GP invests in the company via Levine Leichtman Capital Partners Europe II, which closed on €463m earlier this month
Vaaka Partners buys engineering firm A-Insinoorit
GP is deploying equity from its third buyout fund, which held a final close on €225m hard-cap in March 2017
Oakley acquires WindStar Medical
Pharmaceutical company's vendor is General Atlantic-backed NuCom, a ProSiebenSat subsidiary
Livingbridge sells Ten10 to Graphite Capital
Management team is led by Chris Shaw who was appointed as chief executive in September 2017
Mandarin backs hair care specialist Nuova Fapam
GP intends to boost the company's expansion internationally, primarily in Asia, the Middle East and the US
HTGF, Bayern Kapital exit ChromoTek to trade
VCs invested in the nanobodies developer in 2010; ChromoTek has been sold to a US-based market peer