Deals
EI-backed Anwim acquires EMila
Enterprise Investors acquired a significant minority stake in the company for €23.3m in November 2018
German government to buy stake in Dievini Hopp's Curevac
State-backed KfW joins Dievini Hopp in the messenger RNA drug developer's shareholder base
Foresite et al. in $41.5m series-A for Bit Bio
Foresite is currently investing from its fourth-generation fund, which closed on $668m in 2018
Xenon-backed Impresoft bolts on Progel
Following the deal, Progel's founders will stay on with the business and reinvest in the combined group
Blackstone Life Sciences invests $337m in Medtronic's diabetes arm
Medtronic, headquartered in Dublin, Ireland, is a medical technology, services and products company
LEA Partners sells Bellin to trade
Sale to Nasdaq-listed Coupa marks the first exit from the GP's LEA Mittelstandspartner Fund
Black Toro exits steel producer Irestal
Deal ends a five-year holding period for Black Toro, which boosted the company's growth and expansion
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
EQT to sell Hector Rail to Ancala
Company's revenues have grown by 80% during EQT's holding period
Sentinel fully acquires Vyrtych
Vyrtych was on the lookout for a new owner, Mergermarket reported in November 2019
Francisco Partners to acquire Consignor – report
Shipping software company was reportedly marketed based on an EBITDA of €7.5m
Asabys, Alta Life lead funding round for Inbrain
Asabys invests via Sabadell Asabys Health Innovation Investments, which was launched in 2019
Kinnevik to sell 23.2% stake in Qliro to Rite Ventures
Deal will make Rite Ventures the largest owner of the Nordic e-commerce group
Astanor leads series-A round for Hyris
Neos Medica, IDB Holding – the holding company controlling Indena – and Pi Campus also participate
Baring Vostok, RTP Global to exit 2GIS
Valuation of 100% of the company's shares for the purpose of the transaction amounted to RUB 14.3bn
Water Street and JLL acquire Solvias
GPs have assisted with the recruitment of new members to the pharmaceutical research company's board
OGCI, Cathay, Atomico in €17m round for OnTruck
Idinvest Partners, Total Carbon Neutrality Ventures and Endeavor Catalyst also take part in the investment
DPE's Massenberg bolts on Aéro Solutions
Deal is the second add-on for the construction repair company since DPE acquired it in 2019
Tictrac raises $7.5m from Puma Private Equity
Company has so far raised $17m since being founded in 2010
Goldman Sachs et al. back $27m round for H4
Barclays Ventures, JP Morgan and Linklaters also invest in the digital documentation firm
Iris leads $2.4m seed round for Monk
Fresh capital will be used to support Monk’s R&D programme and the recruitment of new team members
LDC-backed Linley & Simpson acquires Link Agency, Dawson Wake
Previous acquisitions were financed by Santander Corporate and Commercial Banking
Highland backs €21m round for Alkemics
Existing investors including Cathay and Index also backed the brand and grocery partnership platform
Inveready leads €5m investment in biotech startup Oxolife
State-backed CDTI also takes part in the round, alongside BStartup, HighStick and other private investors