Deals
DRS Investment acquires Electric Paper Evaluationssysteme
Germany-based survey and exam digitisation software developer aims to expand to new markets
Advent completes £4bn acquisition of Cobham
Advent drew equity from its $17.5bn Advent IX vehicle, which writes equity tickets of $100m-1bn
Stripes leads $150m round for Snyk at $1bn+ valuation
Investors such as Coatue, Tiger Global, BoldStart and Salesforce Ventures also participated
Miura exits Tiendanimal
Sale ends a six-year holding period for the GP, which was invested via Miura Fund II
Fondo Agroalimentare Italiano exits Sfoglia Torino
First exit made by the fund, which closed on €55m in 2019 and has invested €33m so far
Emeram-backed Diva-e buys ProVision
E-commerce business has made several add-ons since Emeram bought a majority stake in 2015
Equip Capital I eyes €150m final close, inks sixth deal
Fund invests in Nordic companies operating in the consumer, industrial and business services sectors
Consortium in €90m round for Tink
Insight Venture Partners previously led a тЌ56m funding round early last year
EI sells Danwood to trade for €140m
Enterprise Investors wholly acquired the company in a carve-out from Budimex in December 2013
Accel leads $75m series-C for Personio
HR digitisation software developer has opened a London office and is contemplating add-on acquisitions
LDC exits Keoghs
Keoghs CEO John Whittle and the management team will continue to lead the business
Maven and GAM lead £6.4m round for Coniq
Coniq offers a CRM and loyalty platform for shopping malls, outlets and retail brands
Consortium invests €104m in fintech startup Qonto
Fresh capital will help the challenger bank expand globally and become a fully-licensed operator
Augens, BMO-backed Impresa San Siro bolts on Serpi
GPs intend to pursue a buy-and-build strategy and create a platform in the funeral services sector
Atomico leads $60m series-B for Scoutbee
Lakestar and Next47 also back the procurement software company, which will explore strategic add-ons
EQT to float Musti
Musti generated EBITDA of тЌ34.3m from revenues of тЌ246.6m for the year ending in September 2019
Ergon Capital Partners to back CompaNanny
Belgian GP plans to back the company, according to a document by the Dutch competition authority
Eight Roads et al. in €42.6m series-B for Funnel
Fresh capital will be used to accelerate Funnel's operations in the US and invest in its technical teams
Omnes backs Opportunity LBO
MACSF co-invested with the GP in a spin-off from Vocalcom Group, an Apax France portfolio company
Inflexion acquires Marston minority stake
Marston is a judicial services group, which recovers funds on behalf of taxpayers and businesses
Ardian to acquire stake in Santé Cie Group
France-based Santé Cie Group is Ardian's first deal in the home medical assistance market
Peninsula backs Zadig & Voltaire
TA Associates, the current minority partner, will exit its investment in the luxury brand
Project A leads $12m round for Anyline
Software developer, which works on an AI-backed optical character recognition program, is opening a US-based subsidiary
Quadriga Capital buys Medical Senioren-Park
GP plans to form a new care home group with six further facilities bought from Convico