Deals
LDC backs £110m buyout of Evolution Funding
GP acquires a minority stake in the carve-out of the online B2B car finance broker
FSN makes final exit from Netcompany
Shares would be valued at DKK 685m, based on yesterdayтs share price of DKK 220
Contrasting fortunes: debt and venture secondaries
Private debt secondaries have the wind firmly in their sails, while the longer-established venture secondaries space is still an acquired taste
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Naxicap-backed BVA bolts on Doxa
BVA expects to become one of the main market research groups in Europe and reach revenues of €200m
Palamon announces roll-over investment into Ober Scharrer
GP sold Ober Scharrer to Nordic last year, generating a 3.6x return on its original investment
Augmentum leads £150m debt and equity round for Iwoca
NIBC and existing investors including Prime also took part in the round for the SME lender
Bessemer leads €30m round for Mambu
Acton Capital, CommerzVentures, Point Nine Capital and Runa Capital also take part
Syntaxis sells Polflam to Baltisse
Firm's founders Maciej Szamborski and Wojciech Wilczak also make an exit in the sale
Adams Street co-leads $75m series-E for GoCardless
GV and Salesforce also lead the round, with Accel, Balderton, Notion and Passion taking part
Chequers, TCR sell Thermocoax to trade in €158m deal
TCR has been an investor in heating technology specialist Thermocoax since 2000
Innova Capital sells Neomedic in €70.5m deal
Sale of obstetrics-focused hospital group brings to an end a seven-year holding period
Mid Europa sells Bambi to Coca Cola for €260m
Mid Europa makes the divestment from Mid Europa IV, which closed on €880m in 2014
Convent, Nedvest sell Cirex to trade
US-based Signicast acquires the company to expand its customer base and market penetration in Europe
Riverside backs E&A Scheer MBO
GP buys Rum blending specialist E&A Scheer while Blackrock and Rabobank provide financing
LDC's Lucid bolts on Bluedog
Deal is the first acquisition by the healthcare-focused communications firm since LDC's investment
Index in €40m series-B for Alan
Latest round for the French digital health insurance firm comes 10 months after its €23m series-A
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Alto Partners acquires Bia
Third investment made by Alto Capital IV, which held a €210m final close in 2018
Ardian's Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
Acon Investments backs Germaine de Capuccini
GPs plan to boost the company’s product innovation and expand its growth organically and via add-ons
Kinnevik invests SEK 900m in MatHem
Investment comprised SEK 400m of primary capital and a SEK 500m secondary share purchases
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
US-based VCs invest $25m in Teckro series-C
Teckro produces a software platform that improves the efficiency of clinical trials