Deals
Inflexion-backed ONP invests £1.5m in Lavatech
Founded in 2013, Lavatech is the developer of legal app InCase and is based in Manchester
Sandberg acquires Revolgy
Rest of the shares remain in the hands of the original shareholders of the company
SoftBank in $19.5m in Splyt series-B
SoftBank vice-president Daichi Nozaki will join the company's board of directors
CVC in exclusivity for Genetic – report
Deal is expected to be signed by the beginning of August, says Mergermarket
Aduram's Poggenpohl sold to trade
Deal has been approved by the company's creditors committee and is expected to close by the end of June
Providence in single-asset restructuring for HSE24
GP bought a majority stake in the shopping channel operator from Ardian in 2012 via its sixth fund
Adara Ventures leads $5m round for CounterCraft
Round also sees participation from existing backers Evolution Equity Partners, Orza and Wayra
Tikehau to buy stake in Euro Group
Tikehau is investing in the energy transformation sector via its T2 Energy Transition Fund
Mobeus leads £4m round for MyTutor
Fresh capital will be used to increase the availability of MyTutor's platform
KKR to acquire Roompot from PAI
At the beginning of 2020, PAI hired Rothschild to sell the company for an expected valuation of €1bn
Idinvest completes secondaries deal for growth portfolio
Manager has transferred 12 companies into a new fund backed by secondary capital
Fortino acquires majority stake in Sigma Conso
Fortino has acquired Sigma Conso alongside management to expand the company internationally
Atomico leads $27m series-B for Onna
Glynn Capital takes part in the investment, alongside previous backers Dawn, Nauta and Slack Fund
HLD in exclusive negotiations to acquire TSG
Petrol station and fueling equipment provider was formerly owned by its management
Seventure, Vostok lead $10m round for TransferGo
Venture capital firms Hard Yaka, Revo Capital and Bootstrap Europe also participate
KKR's Heidelpay invests in Tillhub
Investment is the contactless payment company's first since it was acquired by KKR in 2019
Lifeline in €6.2m round for Tilt Biotherapeutics
Healthcare startup has raised тЌ18m in funding since its foundation in 2013
VCs exit Caroobi to Deutsches Werkstattnetz
Online car repair platform's previous investors included Cherry Ventures, DN Capital and Target Global
Vista-backed Accelya bolts on Farelogix
With this add-on, Accelya expects to further expand its end-to-end platform for the airline industry
VCs invest £60m in Monzo for £1.24bn valuation
Online bank's previous ТЃ113m funding round valued the company at ТЃ2bn in June 2019
Ardian-backed Gantner buys Contidata
Deal expands the contactless payment company's product portfolio to the catering sector
Square buys VC-backed payment app Verse
Verse joins the Cash App division at Square and continues to operate as an independent business
Livingbridge invests in Chill Insurance
Financing for the acquisition of the insurance broker has been provider by Pemberton
Gradiente buys three companies, creates Argos Surface
GP deploys capital from Gradiente II, which held a final close on its €135m hard-cap in 2019