Deals
Hg-backed Iris acquires Isams
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on £1.5bn
Hg, TA invest in Access Group
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019
LearnUpon raises $56m from Summit Partners
Funding will be used to hire more staff, support product development and meet customer demand
Aurelius acquires GKN Wheels & Structures
Aurelius plans to explore off-highway wheels sector consolidation options following the carve-out
Dunedin-backed GPS draws investment from Visa
Global Processing Services generated revenues of £16.5m in 2019 and adjusted EBITDA of £3.79m
One Equity-backed MCL buys Elanity
One Equity Partners acquired IT consultancy MCL in an SBO from Lead Equities in March 2020
S-UBG buys minority stakes in Thermoglas, Glas Trienes
New managing director Mathias Schlatt will acquire the remaining shares in the companies
Orange Capital buys La Sanfermese
GP plans to boost the company's expansion in new geographies and agri-food segments
German biotech firm Topas raises €22m in series-B round
Biotech company has raised €40m in equity financing since 2016
Mercia sells Clear Review for £26m
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down
Ardian buys minority stake in H2 Pharma
GP invests in the company via Ardian Growth II, which closed on €230m in April 2018
Siparex Intermezzo invests in Groupe MC3
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
Partners Group backs Telepass in €2bn deal
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
LDC exits Mitrefinch
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Omega leads $16m round for Chord Therapeutics
Omega managing director Claudio Nessi and principal Francesco Draetta will join the company's board
Averna acquires ClimateCare
Debt was provided by Bridgepoint Credit, which recently successfully acquired EQT's credit business
Cathay leads $15m series-B for healthtech company Savana
Company plans to use the fresh capital to boost its international expansion and further grow its operations in the US
Baird, Beechbrook complete Nigel Wright restructuring
Both institutional investors will retain minority positions in the recruitment business
Mid Europa sells minority stake in listed Waberer's
Transaction also includes a call option for trade buyer Indotek for the GP's remaining 47.99% stake
Axcel acquires Ventab, Ventilationsprojekt, Installationsbolaget
New group has combined revenues of €87m and employs more than 300 staff
Naxicap's Alwitra to acquire Poland-based CB
According to a competition authority filing, Alwitra is to buy a majority stake in the business
VC-backed Homebell sold to Portal United – report
VCs including Lakestar and Index have invested in the online home renovation booking platform
Ardian sells Gantner to Alantra-backed Salto
Deal is financed with a €125m capital increase deployed by Alantra, alongside Sofina, Peninsula and Florac
PE-backed Cohedron bolts-on two Dutch companies
Cohedron currently generates more than €100m in revenues, up from €60m in 2017 when the GP acquired it