Deals
The Craftory invests $20m in Present Life
Present Life intends to use the funds to invest in product development and customer acquisition
DBAG acquires Congatec
MBO of the computing and robotic components producer is the second deal from DBAG Fund VIII
DIF invests £25m in 4th Utility
Fresh capital will go towards installing more fibre broadband across the UK
Waterland buys Modstrøm Danmark
GP is reportedly paying DKK 200m for the company, which last year generated DKK 30m in EBITDA
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Adelis acquires majority stake in Red Ocean Technology
Norwegian IT company is expected to generate тЌ16m in revenues this year, up from тЌ12m in 2019
Vallis Capital sells Vortal to Stirling Square's Docu Nordic
Stirling Square intends to support Vortal in expanding its business in current and new markets
Alder backs Samon
GP deploys capital from Alder Fund II, which invests in companies based across the Nordic region
HIG-backed Meyra acquires TA Service
HIG acquired mobility products manufacturers Meyra and Alu Rehab and merged them in October 2019
EMZ acquires HRWorks
EMZ recently opened its first international office in Munich, headed by partner Klaus Maurer
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
Innova exits Trimo to trade
GP acquired the company in a 2015 buyout from a group of Slovenian banks, including Nova Ljubljanska Banka
Consortium in $100m round for Omio
Fresh capital will be used for organic growth activities and M&A opportunities
Capvis buys Business Systems Integration
GP deploys capital from Capvis Equity V, which held a final close in September 2018 on €1.2bn
Global Brain extends series-A for Element Insurance
Global Brain is investing from its SFV GB Fund, a joint venture between Sony Financial Ventures and Global Brain Corporation
Hg sells Citation to KKR
KKR will also be investing from its Global Impact Fund, which closed on $1.3bn
Baird Capital acquires eCube
Baird Capital's James Benfield and Andrew Dyer will join the eCube board of directors
Genesis acquires Home Care Promedica
GP is investing from its Genesis Growth Equity Fund I, a vehicle that held a first close on €31m in 2019
Bid acquires Pisa Sales
Bid is expected to merge Pisa with portfolio company Infopark, which it acquired in August 2020
Vangionen Capital backs Guenter Hofstetter
Vangionen is acquiring the company following its filing for bankruptcy at a court in Heilbronn in June
Procuritas exits Temporary Space
Acquisition will help trade buyer Algeco to strengthen its position in the Nordic modular space market
VCs in £33m round for Form3
Lloyds Banking Group and Nationwide contributed to the funding round as new investors
Waterland's Beck Et Al buys InfoWan
IT cloud service group now comprises four businesses and was formed by Waterland in May 2020
EQT to launch Huscompagniet's IPO - report
IPO is expected to be launched by the end of the year or the beginning of 2021 at the latest