Deals
Consortium backs series-B for Leon-Nanodrugs
Investors in the biotechnology company comprise VCs and corporates, including new investor BayBG
Armonia to buy Arrigoni
Armonia will deploy equity from its Armonia Italy Fund, which held a final close on €280m in July 2018
Holland Capital exits Inno4Life
Holland Capital provided growth capital and took a stake in Inno4Life in July 2017
Marlin Equity-backed Puzzel acquires U-WFM
Deal allows Puzzel to speed up expansion into the UK market
Oaktree backs Asacha Media, creates TV production group
With support from Oaktree, Asacha is currently in negotiations to acquire additional production companies
Onex acquires ICS, Towerbrook reinvests
Towerbrook appointed Bank of America Merrill Lynch to run the process in September 2019
Lingfeng Capital leads CHF 14m series-B for Crypto Finance
Switzerland-based cryptocurrency firm mandated PwC to seek new investors for the funding round
Accel, Founders Fund back €61.6m series-B for Trade Republic
Round for the mobile broker is the fifth largest venture capital round in the DACH region in 2020
Index Ventures et al. back $65m series-C for Taxfix
Index Ventures has backed a $65m series-C round for tax filing application Taxfix, with participation from existing investors Valar Ventures, Creandum and Redalpine.
TPG leads $100m round for Onfido
TPG is currently investing from its $3.7bn TPG Growth Fund IV, which closed in December 2017
Bolster Investment buys 60% stake in Mark Climate Technology
Climate control systems company will seek add-on acquisitions following the investment
Wavecrest and Beringea lead $29m round for Edited
Wavecrest is currently investing from its debut fund, which closed on $190m in March 2019
Investindustrial to buy minority stake in Guala for €91m
Offers is made via Special packaging solutions investments, which is controlled by Investindustrial VII
Gresham House invests in Rezatec
Gresham's investment is intended to grow Rezatec and continue its international expansion
Blue Venture and HealthQuest invest in UK company Perspectum
Company has reportedly raised $47m since being founded
Wellington Partners makes seed investment in Sirs Therapeutics
Life science and technology investor Wellington is the majority owner of the early-stage company
Bayern Kapital, Main Incubator back seed round for Scompler
Marketing and content management firm will further develop its software platform
Parquest, BPI France back JVS in OBO; Apax exits
Apax Partners, UI Gestion and the company's founders exit the investment
Sicav-backed NChain acquires Crea
Crea is a software development and implementation firm focused on Bitcoin and IT security
Maven and GAM lead £10m funding round for Push
Founded in 2006 and based in London, Push operates offices in Silicon Valley and Dublin
European consumer M&A presents opportunities in Covid-19 chaos
Europe's consumer sector offers pockets of opportunity as the coronavirus pandemic wreaks havoc on M&A
Secondaries players hold fire despite copious dry powder
Market is likely to pause until Q2 2020 valuations are released, potentially leading to a flurry in Q4
Searchlight-backed GRP bolts on two insurance brokers
Company is seeking targets with ТЃ1-10m EBITDA for its insurance brokerage buy-and-build strategy
KKR sells 33.33% stake in Acciona Energia for €445m
Energy group Acciona acquires a 13.33% stake in the company, while Axa IM buys 20%