Deals
Trustbridge Partners et al. in $41m series-B for FiveAI
Existing investors including Lakestar also back the UK-based autonomous driving startup
FPE-backed Optimity acquires Pebble IT
Optimity makes the acquisition using a mix of new equity from FPE and debt from Clydesdale
Activa Capital, Arkéa invest in Ingeliance
Activa deploys capital from its €206m third fund, Activa Capital III, to finance the deal
BGF exits Vysiion for 3x return
Founded in 1971, Wiltshire-based Vysiion offers products and services surrounding IT infrastructure
Oakley to acquire Globe-Trotter
Oakley intends to strengthen Globe-Trotterтs position in the luxury travel luggage market
Lynx Equity acquires Arkas
Company was previously owned by Keld Sund Nielsen and Michael Dommerbye, who bought it in 2015
ICG-backed Nadella carves out Ipiranga, Shuton from IAZ Group
Following these acquisitions, Nadella will reach turnover of €90m
Inverleith acquires Montane
Firm is currently investing from Inverleith Limited Partnership fund, which closed on тЌ60m in 2018
Huntsworth board accepts £524m offer from CD&R
Takeover offer implies an entry multiple of 10.8x adjusted EBITDA of ТЃ48.4m
AS Equity Partners carves out QDQ Media from Solocal
GP intends to support QDQ Media in further consolidating its market position and boosting its expansion
Five Arrows to sell stake in Dutscher to LBO France
Five Arrows previously acquired a minority stake in Dutscher in 2013
GA leads $130m series-B for Immunocore
Five existing investors, including Eli Lilly and RTW Investments, take part in the round
Mutares-backed Keeeper buys Metsä Tissue's German business
Add-on acquisition of the Germany-based napkin production business is the GP's third deal of 2020
Main Capital carves out Exxellence and SMQ from Kune
GP intends to support the new group in developing its product portfolio and expanding its customer base
EMK acquires Trustonic
GP is currently investing from its debut buyout fund, which closed on ТЃ575m in May 2017
Redmile, Sofinnova invest £26.3m in Redx
Redmile has agreed to subscribe for 11.5 million new ordinary shares for 11.2 pence per share
Tender offer now out in Permira IV's GP-led process
Current offer is part of a GP-led secondaries process – which began last year – for the remaining assets of Permira IV
PAI, Pamplona and Partners in final stage for €1bn Rovensa sale - report
Sale will end a four-year holding period for Bridgepoint, which carved out Rovensa from Sapec Group
Gimv invests in AME
Investment in the electronic components manufacturer is part of the GP's Smart Industries platform
Draper Esprit leads $83m round for Thought Machine
Based in London and with an office in Singapore, Thought Machine employs around 80 people
Chequers Capital to carve out EBC from Econocom
Divestment is part of Econocom’s strategy of refocusing its operations on its core business
Checkout.com acquires VC-backed ProcessOut
Insight Partners and DST Global led a $230m series-A funding round for Checkout.com last year
Alvia buys majority stake in Hamburg Care
Acquisition of a majority stake in the Germany-based care provider marks the firm's first investment
MML-backed Learning Curve nearing sale - report
Agilitas, investing from its 2015 fund, is said to be one of the final bidders in the process