Deals
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 £1m
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 £8.8m
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
KKR-backed Exact bolts on Belgian company Officient
Deal is company's fourth add-on acquisition under KKR's ownership
CrossEngage announces €6.5m growth capital round
Marketing software company also announces merger with Target Partners' GPredictive
Mayfair-, Hoxton-backed SuperAwesome sold to trade
SuperAwesome reported revenues of £21m in 2018, as well as an operating loss of £5.5m
EQT carves out Natural Colours from Chr Hansen in €800m deal
GP is deploying equity from its latest fund, EQT IX, which will be 15-20% invested following deal completion
CDPQ backs Colisée alongside EQT
EQT and CDPQ intend to support the company in its growth strategy in France and internationally
Phoenix-backed Sygnature acquires XenoGesis
Previously, Sygnature has acquired two in-vivo pharmacology clinical research organisations
Bain-led consortium makes €2.1bn offer for Ahlstrom-Munksjö
Consortium has offered €18.10 per share, 24% higher than the €14.56 closing price on 23 September
Seed Capital leads €4m funding round for BotXO
Around €2m comes from Seed Capital, while Vækstfonden is providing a syndicated loan of €1.8m
Zamit Capital backs Science Bits
Company plans to use the financing to strengthen its market position in Spain and boost its international expansion