Deals
KKR's Trainline announces intention to float
Train and coach ticket booking company expects to be eligible for FTSE inclusion following IPO
DMH acquires WT Systems
WT Systems filed for insolvency in February 2019 and Scultze & Braun was appointed administrator
Montagu sells Covidence to EMK
Sale ends a four-year holding for the GP, which acquired the company using capital from Montagu V
One Peak Partners et al. invest €15m in Quentic
One Peak Partners and Morgan Stanley Expansion Capital invested €22m in Quentic in 2017
Charme Capital exits Atop in €380m deal
Sale ends a two-year holding period for Charme, which acquired the company via its third fund
Horizon-backed Wireless Innovation bolts on Ground Control
GP provides equity to support the acquisition of the US-based telecommunications firm
Zouk Capital invests in PE-backed Be Power
As part of the deal, the GP appoints Paolo Amato as president and Paolo Martini as CEO of Be Power
VCs invest £14m in Storm Therapeutics
Storm Therapeutics has now raised more than ТЃ30m in capital from its new and existing investors
Anacap buys SundhedsGruppen
Anacap will acquire a majority stake via its тЌ900m fund, Anacap Financial Partners III
IK-backed Questel acquires Brandstock
Following the transaction, the combined company will have sales of €150m and will employ 700 people
Syncona leads £35m series-A for Quell
UCL Technology Fund also took part in the round for the newly launched cell therapy company
Segulah sells Gunnebo to KKR-backed Crosby
KKR owns a majority stake in Crosby Worldwide via its KKR North American Fund XI vehicle
PAI's sale of B&B Hotels to Goldman Sachs nears €2bn
Merchant Banking Division of Goldman Sachs to buy a majority in the French budget hotel chain
Black Toro in talks for clothing brand Trucco
GP is currently investing via its second fund, which held a final close on €235m in February 2017
Frog leads £14m round for Modulr
Fresh capital will be used to accelerate Modulr's growth in the UK and expand in Europe
Balderton, Northzone co-lead £15m round for Wagestream
Wagestream has raised a total of ТЃ40m in the latest round, including a ТЃ25m credit facility
Consortium invests in seed round for Kiutra
High-Tech Gründerfonds writes equity tickets of €500,000-3m and Apex Ventures invests €500,000
Webedia acquires Panoramic- and Smedvig-backed Quill
Marketing content provider is reportedly anticipating revenues of ТЃ7m in its current financial year
BIVF, UCB Ventures lead £1.4m round for Rinri
Representatives from BIVF, UCB Ventures and BioCity have joined the company's board of directors
LSP et al. back $38.5m series-B for DNA Script
Illumina Ventures, M Ventures, Sofinnova, Kurma and Idinvest recommit to DNA Script
Bowmark sells Aston Lark to Goldman Sachs
Deal brings to an end a four-year tenure, during which the insurance brokerage made 13 bolt-ons
Wise-backed Tapì buys Les Bouchages Delage
Management led by CEO Delage will continue to run the company, which will operate independently
Bencis sells BRB International to trade in €163m deal
GP sells Dutch petrochemical business BRB to Malaysia-based peer Petronas Chemicals Group
Summit Partners, FleetCor exit Masternaut to Michelin
Masternaut will continue to operate under its own brand as a wholly owned subsidiary of Michelin