Deals
Tencent buys minority interest in Goldman Sachs-backed Voodoo
Voodoo CEO Alexandre Yazdi will retain majority ownership of the gaming company
CVC's Syntegon sells Viersen-based operations to trade
CVC acquired Syntegon Technolgy in a carve-out from Robert Bosch in 2019 via its seventh fund
PE-backed Ardonagh acquires Thames Underwriting
Thames will join Ardonagh's suite of MGA brands and will operate within Geo Specialty Group
Bullnet Capital sells Codice SW to PE-backed Unity
Sale ends an 11-year holding period for Spanish venture capital firm Bullnet Capital
Adiuva-backed Konzmann acquires Trenker
Building services provider has made 12 add-ons since Adiuva Capital first invested in 2016
Horizon leads $5m round for Liki24
Fresh capital will be used to finance the company's further expansion in Europe
Notion leads €7m series-A for Claimsforce
Notion had been in discussions with the Claimsforce management team since Q1 2019
Guidepost injects $20m into Elements Global Services
Deal is the first investment from Guidepost's third fund, which came to market last year
Gilde's Raak Metals buys Stolwerk Metaal
Add-on is the first since GIlde Equity Management bought a majority stake in Raak in February 2020
Inflexion-backed Bollington Wilson acquires Watson Laurie
Inflexion will continue to support Bollington in its growth plans, according to a statement
General Atlantic invests in Gymshark at £1bn valuation
First round bids for the minority stake were collected in early July 2020
Mobeus sells Access-IS, nets 23.4% IRR
Since Mobeus's investment, Access has doubled revenues from ТЃ11.5m to more than ТЃ19m in 2019
LDC's Onecom bolts on Glamorgan Telecom Group
Add-on is the first since LDC and Ares provided financing of ТЃ100m to the telecoms company in 2019
Deutsche Beteiligungs AG acquires Multimon
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
STIC Investment, SoftBank Korea et al. acquire Systran
Fresh capital will go towards increasing delivery speed and geographic footprint
NorthEdge-backed Catalis acquires Whyttest
Marius Potirniche, the founder of Whyttest, has become a senior executive within the Testronic team
Advent buys 30% stake in Aareon
Deal gives the property software company an EV of €960m, with Advent's stake valued at €260m
Nordic PE exits hit new low in Q2
Volume of exits by PE firms across the Nordic countries in Q2 2020 fell to its lowest point in more than a decade, according to Unquote Data
Deutsche Beteiligungs buys PM Plastic Materials
First MBO in Italy for the GP, which will now start investing from its recently raised Fund VIII
NPM Capital's Bergman Clinics buys Van Linschoten Specialisten
Add-on comes after Mergermarket reported that the sale of Bergman had been suspended in March 2020
BGF-backed Hobs sells Anexsys
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
Cowen leads $60.8m round for F2G
Existing investors Novo Holdings, Morningside Ventures and Brace Pharma Capital also participate
Tesi, NordicNinja et al. in $54m series-C for Varjo
Tech company has raised $100m since being founded in 2016
Augmentum et al. invest in £35m series-C for Habito
Entrepreneur Yuri Milner's investment vehicle Gemini led a ТЃ25m equity raise for the company in February