Deals
Hg invests $1.5bn in Hyperion at $5bn valuation
Hyperion's management team and employees will remain the largest shareholder group in the company
Main Capital acquires Textkernel
Main Capital plans to support a buy-and-build strategy for the Netherlands-based recruitment software developer
Soleus and Eir lead $64m series-D round for Galecto
Biotech company has so far raised around $160m since being founded nine years ago
PandaScore raises $6m in round led by V13 Invest
Startup has so far raised around €9m, according to Crunchbase
Livingbridge sells Mobysoft to ECI
Livingbridge began preparations to exit the company in July 2020, in a GCA Altium-led auction process
Argos Wityu proceeds with buyout of Sword's French operations
French operations of the IT engineering and software consultancy generate revenues of €60m
Main Capital's Cleversoft buys BusinessForensics
Deal is the second add-on for the financial regulatory software platform since Main invested in 2018
Chiltern-backed Hanmere acquires Plasmech
Hanmere will continue to seek further acquisition opportunities following this transaction
QuattroR backs paper specialist Burgo
Investment includes a €70m capital increase entirely financed by QuattroR that will be used to reduce Burgo's debt
Notion leads $12m series-A for Acin
Fitch Ventures, the venture arm of Fitch Group, has also invested, as well as several angel investors
83North leads $90m series-C round for Exotec
Robotics startup has raised $111m since its founding five years ago
Russmedia Partners buys majority stake in Bergfex
Founders of the online Alpine tourism platform will continue to hold a stake in the business
Valar Ventures leads $52m series-A for Bitpanda
Company intends to use the fresh capital to further boost its expansion across Europe and scale up its team
TDR-backed Buffalo Grill acquires distressed rival Courtepaille
Sale process was initiated by Courtepaille's PE sponsor Intermediate Capital Group, which filed for a receivership procedure in July
Hermes Capital-backed Mattenbach buys FO Group
Switzerland-headquartered Hermes Capital Group acquired Mattenbach in November 2019
Inflexion-backed Ocorian acquires Newgate
Newgate Compliance is a London-based compliance consultancy and hosted regulatory service
Mavenir buys VC-backed IP Access
Following the deal, IP Access will operate as a business unit within Mavenir's emerging business group
DPE's AWK Group buys Talos
Deutsche Private Equity bought a 55% stake in IT consultancy AWK in 2017 via its third flagship fund
BC-backed Côte acquired by Partners Group
Former Wagamama CEO Jane Holbrook joins the French-style dining chain's board as chair
Pelican invests £5m in YourParkingSpace
Typical investments from Pelican are in companies with sustainable profits greater than ТЃ1m
Investindustrial, Black Diamond buy Hexion PSR for $425m
GPs intend to boost the company's growth and expansion, while further reducing its debt
EQT-backed Iver acquires City Network
Deal is Iver's sixth add-on deal since its creation in 2018 through a merger
BGF invests £6.8m in Appnovation
Both CBGF and BGF made initial investments in Appnovation in July 2019 totalling ТЃ8.8m
Italian PE players highlight silver linings amid crisis
Fundraising challenges, portfolio support and new opportunities were key themes discussed at last week’s Unquote Italian Private Equity Forum