Deals
BGF-backed Xercise4Less prepares for administration
Gym chain recorded losses of ТЃ10.4m on ТЃ40m revenues in the most recently available accounting year
Carlyle-backed Euro Techno Com buys Comtec
Acquisition of the UK-based market peer is the first bolt-on during Carlyle's investment period
Aquiline closes investment in Quintes Holding
Insurance broker was reportedly marketed based on €18m adjusted EBITDA
LDC invests in Aker
Tom Burnet, currently a non-executive director for BMO Private Equity Trust, will join Aker Systems
Trill Impact acquires Nordomatic from Adelis Equity
Adelis exits the company four years after acquiring a majority stake in it
CVC buys Italian pharma company Genetic
GP deploys capital from CVC Strategic Opportunities II, which held a final close on €4.6bn in July 2019
Planet First Partners acquires stake in Polymateria for €16.5m
Polymateria is expected to reach sales of тЌ33m in 2021, according to a report
Capidea sells FlexoPrint to IK Investment-backed Optimum
Danish GP sells the company two years after acquiring it
L Catterton backs food supplement specialist IAF Store
GP intends to support IAF Store's growth and its expansion in the Italian online supplements market
TowerBrook acquires Azzurri in £70m deal
Azzurri owns the ASK Italian, Zizzi and Coco di Mama chains and is based in London
Bridgepoint sells Rovensa to Partners Group in €1bn deal
Sale ends a four-year holding period for Bridgepoint, which bought Rovensa from Sapec Group
Bridgepoint in talks to acquire WSL
Twelve member clubs of WSL, including Manchester City, Arsenal and Chelsea, would also take stakes
Auctus-backed PharmaLex buys Regulis Consulting
Deal is the consultancy's second bolt-on in 2020; it expects to generate 2020 revenues of €120m
CGE acquires Enhesa in debut deal
Founded in 2001, Enhesa is an environmental, health and safety compliance intelligence platform
Cathay Capital leads €30m round for Biose
Company intends to use the fresh capital to strengthen its market position, and expand in the US and China
BPI France in €16m investment for Voyageurs du Monde
Crédit Mutuel Equity, Kairos Alpha, Montefiore Investment and BNP Paribas Développement also take part in the round
Newlands, Hermes GPE invest in Capsule
Manchester-based Capsule generates 60% of its sales outside the UK, including 20% in the US
Target Global et al. co-lead £20.5m round for Drover
Target Global is currently investing from is Target Global Early Stage Fund II, which closed on тЌ120m
VNV Global leads $30m round for Voi Technology
E-scooter operator became profitable for the first time last month and plans to use the proceeds to expand into the UK
FAI-backed Agrimola bolts on La Nuova Tradizione
With this add-on, Agrimola expects to strengthen its market position in Italy and broaden its customer base
BGF invests £2.7m in The Paint Shed
Management is planning to create an additional 20 jobs over the next 24 months
Committed Capital buys Intersteel from 5Square
Deal ends a two-year holding period for 5Square, which bought the company from ING and Rikon Holding
UI Gestion backs packaging manufacturer Sopac Medical
With the support of its investors, Sopac plans to further expand in France and internationally
Zeotap raises $42m in series-C round
Company has raised around $62m since being founded in 2014