Deals
TCV et al. invest $175m in WorldRemit series-D
TCV, Accel and Leapfrog reinvest in London-based payment technology company WorldRemit
Duke Street backs MBO of Kent and Athlone from DCC
UK and Irish businesses will form the basis for a buy-and-build growth strategy
KKR, Axel Springer could target Scout24, Mobile.de – reports
KKR confirmed it is in negotiations to acquire a minority stake in Axel Springer
Innogest leads €1.6m bridge round for food startup Soul-K
Company plans to use the funding to consolidate its market position and expand its product offering
CVC-backed Synsam postpones IPO – reports
CVC acquired the business in 2014, drawing equity from CVC European Equity Partners V
Ardian buys minority stake in Uptoo
Ardian will support the recruitment platform in completing strategic acquisitions
TFI sells stake in Piotr i Pawel to Spar
Spar acquires the business through its Polish subsidiary, Wasz Sklep Spar, and TFI retains a minority
BC- and KKR-backed United Group bolts on Tele2 Croatia
Deal is the Dutch telecommunications group's first acquisition under BC's tenure
EQVenture invests $10m in USound
EQVenture owns 70% of USound and the co-founders have retained a 30% stake in the company
Alpha-backed Remazel buys Italian crane specialist Concrane
GP plans to consolidate Remazel's market position across Europe and further boost its expansion
Warburg Pincus, TA invest in Oakley-backed Inspired
Oakley Capital Private Equity Fund II sells down part of its stake in the company
Ampersand to acquire Vibalogics
Ampersand typically invests $10-50m in companies with $10-100m in annual revenues
Quantum-backed Gianetti Ruote carves out Fad Wheels from GKN
GP plans to strengthen Gianetti's position in the European steel wheel production market
Steadfast Capital to buy W Söhngen
Steadfast will use its fourth vehicle for the investment in the medicine products manufacturer
Värde Partners invests in LDC-backed Equiom
VУЄrde says it will support the company's diversification and expansion into new markets
BC-backed VetPartners buys Abbey Veterinary Centres
VetPartners has acquired four surgeries from Abbey while Emma and Ben Hynes retain ownership of one
LDC invests in Texthelp
Texthelp operates in Australia and the US, and has launched in the Middle East and in South America
Carlyle Cardinal Ireland Invests in The City Bin Co
The City Bin Co is the 11th investment from the Carlyle Cardinal Ireland fund
Balderton sells Recorded Future to Insight Partners in $780m deal
Balderton led a $12m series-C round for the Boston-headquartered company in 2012
Silverfleet buys MFS for £51m
Trust and fiduciary services sector is well known to London-based Silverfleet Capital
KKR in talks to acquire minority stake in Axel Springer
Axel Springer's largest shareholder, Friede Springer, and CEO Mathias Döpfner will not sell their stakes
Charterhouse exits cheese specialist Nuova Castelli to trade
Sale ends a five-year holding period for Charterhouse, which owned an 80% stake in the company
PE-backed Briconord bolts on Mac Lean
France-based Briconord buys a Dutch peer, and the combined business should post €30m turnover
Carlyle buys Forgital in €1bn deal
GP deploys capital from its two funds, Carlyle Europe Partners V and Carlyle Partners VII