Deals
EV Private Equity et al. exit Halfwave to trade
Sale ends an eight-year holding period for EV Private Equity, which bought a 56% stake in the company
Praetura leads £7m round for Inotec
Praetura is currently investing from its EIS 2020 Fund, which closed on £7m in February 2020
KKR-backed Gamma takes stake in Univercells subsidiary
KKR's $50m investment in Univercells will be drawn from its Health Care Strategic Growth Fund
BDC's Anaveo buys Azman from Initiative & Finance
Initiative & Finance bought a minority stake in Azman as part of an owner buyout in 2017
Auctus acquires Georg Parlasca Keksfabrik
Georg Parlasca will remain in charge of operations and strategy as managing director
Apollo takes betting business Gamenet private
Apollo increases its stake after initially buying 48.67% of Gamenet from Trilantic in October 2019
Apax-backed Idealista acquires Yaencontre
Apax Partners acquired a stake in Idealista from Bonsai Venture Capital et al. in July 2015
Palatine sells Vernacare to HIG
HIG is currently investing from Growth Buyout Equity Fund III, which closed on $970m
Platinum buys Biscuit International from Qualium
Sale ends a six-year holding period for Qualium, which acquired the company from LBO France
Vesalius, Swisscanto in €19m series-B for OncoDNA
Fresh capital will be used for international growth and software development acceleration
KCP invest £5m in Commhoist
Commhoist is a specialist mobile telecoms logistics provider based in Warrington and founded in 1996
US pension earmarks $25m for private debt secondaries
Augusta-based MainePERS has invested 3.5% of its portfolio to alternative credit
Main Capital sells TPSC to PE-backed Symplr
Sale ends a six-year holding period for the GP, which bought TPSC via its €40m Main Capital III fund
TA exits Merian to Jupiter for £370m
Merian had AUM of £22.4bn as at 31 December 2019 and reported EBITDA of £92.8m for 2018
Kinnevik leads $51.6m round for Mathem
Round also saw participation from AMF, which invested $28.9m
TCV leads $500m round for Revolut at $6bn valuation
TCV is currently investing from its TCV X fund, which closed on $3bn and invests $75-150m
Parcom Capital acquires Euramax Coated Products
US-based parent company Omnimax International sold the business to the Netherlands-based GP
Argos Wityu buys Sicura from Rekeep for €54.5m
GP intends to support Sicura by boosting its growth both organically and via strategic acquisitions
Wells Fargo in $28m series-B for Elliptic
WFSC joins a group of existing investors that committed to the round in September 2019
Silverfleet buys majority stake in Collectia
Investment in the debt collection platform is the 11th from Silverfleet Capital Partners II
CVC et al. re-up in Pension Insurance Corp via £750m capital raise
CVC Strategic Opportunities I deploys £130.6m for a 17.4% shareholding
DPE sells stake in PharmaZell to Bridgepoint
Deutsche Private Equity invested in the company in 2013 and began the sale process in August 2019
Arcadia buys pharma packaging specialist Favillini
GP invests via its Arcadia Small Cap II fund, which held a final close on €80m in May 2019
ECI scores 3.7x on ATG sale to TA
Mobeus also fully realises its investment, having backed ATG since 2008