Deals
CVC to finance Deoleo capital increase
Restructuring agreement will reduce the company's current debt, amounting to €575m, to €242m
Gradient, Partech lead a $3m seed round for Kaizo
Former partner at IBM Ventures Christoph Auer-Welsbach joins Kaizo as a co-founder
One Peak backs DataGuard with $20m investment
GP has taken a significant minority stake in the Germany-based data privacy software provider
Jerusalem Venture leads $25m series-C for Pyramid Analytics
Investment brings the total funding raised by Pyramid Analytics to $66.5m
Gro acquires majority stake in Danish company Queue-It
Deal is Gro Capital's third investment from its GRO Fund II, a тЌ255m vehicle
Lone Star sells Isaria to Deutsche Wohnen for €600m
GP is selling the majority of Isaria's real estate project development platforms
Investors participate in $34m series-B for SoftIron
Founded in 2012, SoftIron designs and builds purpose-built data-centre appliances
Arx reaps 3.6x on DCB trade sale
Divestment generates an overall cash-on-cash return of 3.6x and an IRR of more than 25%
Accel in $20m series-B for Humio
US-based Accel is currently investing from its London VI vehicle, which closed on $575m
BC, Vista-backed Advanced buys Tikit from BT Group
Advanced plans to consolidate its market position in the UK, while expanding its global footprint
Blackstone to continue preparations to acquire NIBC
Blackstone's offer comprises 995 euro cents per share, including the final dividend of 33 cents
Halder buys Sirag, Univer and Uniprod
Add-ons to the portfolio companies and Drumag and EPH will expand the buy-and-build Valeta Group
Norgine acquires Azanta from European Equity Partners
Dutch pharmaceutical company Norgine had been a minority shareholder of the business since 2014
PE-backed BMS acquires Jurado Mata
BMS's backers invested in the company in June 2019, in a deal that gave it an EV of ТЃ500m
Argos-backed Factum buys AGL Services
Deal is part of Factum's aggregation strategy and follows two bolt-ons inked in January 2019
Siparex et al. exit Kiwatch to trade
Management team led by co-founders Williamson and Blanchard will stay on with the business
August-backed Amtivo acquires Certification Europe for €6m
Based in Dublin and founded in 1999, Certification Europe has offices in the UK, Japan and Italy
Consortium backs £100m round for Cazoo
Online car buying marketplace was backed by investors including DMG Ventures and Eight Roads
VC-backed Mercell acquires Aksess Innkjøp in Norway
Viking Venture acquired a minority stake in the business in 2018
Ardian-backed Celli buys T&J Installations
Celli plans to consolidate its market position in the UK and further expand internationally
Dunedin exits Kingsbridge
Kingsbridge was a Dunedin Buyout Fund III portfolio company, which closed on ТЃ300m in June 2013
Lead Equities to exit MCL to One Equity Partners
One Equity will wholly acquire the Germany-based IT service, ending an eight-year holding period
Milestone's Dehaen bolts on Max Plus; Sodero exits
Senior debt to finance the deal is provided by CIC Ouest, Banque Populaire Grand Ouest and Caisse d'Epargne
Waterland to buy Direkt Gruppe
GP will acquire the IT and business consultancy group subject to competition authority approval