Deals
NB Aurora backs pharma logistics specialist PHSE
With NB Aurora's support, PHSE intends to boost its growth both organically and via new acquisitions
3i scores 4.1x on Aspen Pumps sale to Inflexion
Sale of the pumps manufacturer represents a 4.1x return on invested capital and a 34% IRR for 3i
PAI completes GP-led secondaries deal for Fund V
Alpinvest, Goldman Sachs and HarbourVest are lead investors in the new fund
DeA Capital exits Cartiere Pigna to trade
Sale ends a two-year holding period for the GP, which bought a stake in the company via Idea CCR I fund
Axel Springer Ventures, Softbank in €44m Goggo round
Goggo is aiming to develop a European network of autonomous vehicles for people and goods
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
Portobello Capital carves out BT's Spanish business
Deal includes the Spanish ICT services and the local network infrastructure managed by BT
Octopus, Calculus lead £3.6m round for Fiscal
Octopus draws equity from its Apollo VCT for the investment, which manages ТЃ30m
Triton sells Eleda Group
Triton initiated the buy-and-build by acquiring a stake in Akeab in 2017
Elbrus leads $10m round for YClients
Elbrus is currently investing from its $550m vehicle, which held a final close in February 2014
HIG Capital carves out Lagardère Sports
Planned disposal values sports media agency LagardУЈre Sports at approximately тЌ110m
NorthEdge-backed Total Fitness acquires Pro-Fit
NorthEdge invested ТЃ11.5m for a majority stake in the company in 2015, using its debut fund
Cathay's Finance Active buys Verifino
Finance Active's Verifino purchase is Cathay's first build-up in Germany
Astorg sells Audiotonix to Ardian
Audiotonix is the first realisation from Astorg VI, which closed on тЌ2.1bn in 2016
BlackRock, Sofina in £66m round for THG
THG has taken out a new five-year ТЃ150m revolving credit facility provided by Barclays and HSBC
Altor exits Ålö to trade
Purchase price for the Sweden-based agricultural machinery manufacturer is based on an EV of тЌ250m
FrenchFood Capital backs Class'croute SBO
French food-focused GP invests via its €132m maiden fund, closed in Q3
3i nets £102m from Audley Travel, Hans Anders dividends
3i receives proceeds of ТЃ67m from Audley Travel, while Hans Anders generates a тЌ42m windfall
Aurelius buys ZIM Flugsitz
Founders of the family-owned aircraft seat manufacturer will retain a minority stake in the business
Riverside carves out HealthTech BioActives from Ferrer
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
Capvis buys Tertianum Group
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris Capital, Idinvest et al. inject $12.3m into Yubo
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
Mérieux Equity Partners backs Addmedica
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018
Ergon Capital buys Palex Medical from Corpfin
GP deploys capital from Ergon Capital Partners IV fund, which closed on €580m in March 2019