Deals
Riverside buys mineral water specialist Galvanina
GP plans to consolidate Galvanina's market position, boost its expansion and enlarge its offering
Triton's Sunweb buys Corendon's tour operating activities
Triton acquired a stake in Netherlands-based Sunweb Group via its Triton Fund V in 2019
Triton-backed AVS bolts on Fero
Triton bought AVS from Steadfast Capital in 2017, drawing equity from its €3.3bn vehicle Triton IV
Avallon-backed Fiten files for bankruptcy
Fiten posted a loss of PLN 9.5m from sales of PLN 227.8m in 2018, according to company records
Nordstjernan sells Salcomp
Sale ends a holding period of 12 years for Nordstjernan and six years for minority investor AP6
DPE to exit First Sensor for approximately €117m
DPE, Teslin Capital Management and other shareholders have agreed to sell their shares
Elaghmore acquires display screen provider Gardners
Deal is the sixth transaction made by the GP's debut fund, which typically writes cheques of £5-10m
Dawn leads $11m series-A for data integration platform Onna
Previous backer Nauta Capital also takes part in the round, alongside Dropbox and Slack Fund
BGF injects £10m into Extentia
Property services group is anticipating EBITDA of £16m for the year ending in June 2019
LPs worry about alignment issues in GP-led secondaries – survey
Four out of five respondents in the latest Coller barometer highlight it as their biggest concern
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