Deals
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
Bregal buys majority stake in EA Elektro-Automatik
GP will support the family-owned business with its succession strategy and international expansion
Ergon Capital buys Palex Medical from Corpfin
GP deploys capital from Ergon Capital Partners IV fund, which closed on €580m in March 2019
Crédit Mutuel Equity buys stake in CF Group
Minority investment aims to boost growth of the swimming pool equipment and materials supplier
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
Prudentia buys George Mathai
The French GP, founded last year, typically provides tickets in the €2-30m range
One Equity Partners backs Nexion
GP intends to accelerate the company's organic growth and further boost its international expansion
Ignite Growth invests in Junkyard Golf – report
Ignite Growth invests equity tickets of £2-15m in companies with enterprise values of up to £30m
BNP Paribas Fortis PE backs JAC
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Ardian buys minority stake in Nutripack Ecocup
Ardian acquires Crédit Mutuel Equity's stake in the France-based packaging manufacturer
Xenon acquires Koverlux from B4 Investimenti
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea
PAI-backed Froneri buys Nestlé US ice cream business for $4bn
Nestlé will continue to manage its remaining ice cream operations in Canada, Latin America and Asia
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
Lindsay Goldberg in talks to sell Schur Flexibles
GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia
FSN sells Fitness Word to Pure Gym
Buyer has been owned by US buyout house Leonard Green & Partners since late 2017
HV Holtzbrinck leads €8.8m seed round for Finn.auto
Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part
Accel leads $11m series-A for Tines
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Consortium invests €22m in InterCloud
Fresh capital will help the provider of cloud access services expand in western Europe
DBay acquires Eddie Stobart for £55m
DBay has also negotiated a new revolving credit facility for the transport and logistics company
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Cross Equity-backed WDM buys Midrahtec Drahtwaren
Cross Equity Partners acquired a majority stake in WDM in January 2018
Acorn Growth buys Aerospares 2000
Company's founder, Adam Nemenyi, will remain CEO and retain a significant minority stake in the business