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Deals

Full-line insurance
Mubadala Ventures invests in $125m funding round for Wefox

Fresh capital will be used to expand into Spain, France, Italy and the Benelux region

  • Expansion
  • 06 March 2019
Synova leads investment in Merit Software
Synova generates 4x return on Meritsoft sale to Cognizant

Sale of financial software company brings to an end a holding period of three and a half years

  • Exits
  • 06 March 2019
Recruitment software and services
Causeway supports MBO of GTI from Exponent

Deal for the recruitment business brings to an end a 13-year holding period for the vendor

  • Exits
  • 05 March 2019
Technology to alleviate spinal injuries
Pureos Bioventures leads CHF 10m series-A for NovaGo

Swiss clinical-stage biotech company Neurimmune also takes part in the investment

  • Early-stage
  • 05 March 2019
Education apps and software
Cinven buys Inseec U in €800m deal

Rothschild-led auction also saw Carlyle, BC Partners and Wendel in the second round

  • Exits
  • 05 March 2019
Talgo is a manufacturer of trains
MCH sells minority stake in Talgo in €69m deal

MCH first backed Talgo in March 2006 alongside US investment bank Lehman Brothers

  • Exits
  • 05 March 2019
Train entering station
Greenbriar exits Frauscher

Greenbriar acquired a majority stake in Frauscher for approximately €90m in 2016

  • Exits
  • 05 March 2019
Restaurant reviews and blogging services
VC firms back €48.5m series-E for Trustpilot

Advent International affiliate Sunley House Capital Management leads the funding round

  • Expansion
  • 05 March 2019
Paint tins and brushes
Advent acquires Evonik's methacrylates business for €3bn

GSO offered bidders a unitranche of €1.5bn and Barclays offered an all-loan structure of €1.25bn

  • Buyouts
  • 05 March 2019
Meditation and sophrology
IDI buys Institut de Formation à la Sophrologie

Buyout deal sees GP acquire a majority stake in France-based sophrology training institute

  • Buyouts
  • 05 March 2019
Primary school teachers
Synova backs Chatsworth Schools platform

Initial deal comprises five schools in south-east England, with plans to expand internationally

  • Buyouts
  • 05 March 2019
Fraud prevention services
Bessemer leads $60m series-C for Shift

Existing investors Accel, General Catalyst and Iris Capital also take part in the round

  • Expansion
  • 05 March 2019
Alcohol delivery services
Tiger Global invests €50m in Flaschenpost

Other investors include Cherry Ventures, Vorwerk Ventures, Discovery Ventures and Larix VC

  • Expansion
  • 05 March 2019
Leverage levels in the secondaries market
Secondaries leverage hitting record levels – research

Leverage now accounts for nearly 40% of the yearly secondary market value, says Triago

  • Secondaries
  • 05 March 2019
Stock control and supply chain management
ArchiMed to acquire Bomi in €70m take-private deal

GP intends to finance the acquisition via its Med Platform I fund, which held a €530m first close in 2018

  • PIPEs
  • 04 March 2019
Catering firms
CH&Co in exclusive sale talks with Equistone – report

Talks for the MML-backed catering and hospitality firm are reportedly based on £22m run-rate EBITDA

  • Exits
  • 04 March 2019
Mabo-Lifting rents forklifts
Sofindev backs Mabo-Lifting

Sofindev is investing in forklifts specialist Mabo-Lifting via its Sofindev IV fund

  • Buyouts
  • 04 March 2019
Voi is an electric scooter company
Project A, Creandum add $30m to funding round for Voi

Existing investors include Vostok New Ventures, Balderton Capital and LocalGlobe

  • Expansion
  • 04 March 2019
Skin care cream
Segulah sells CCS to trade

Segulah supported several bolt-on acquisitions and also made partial divestments

  • Exits
  • 04 March 2019
Website domain names
Montefiore, M80 back Gandi.net

Previous investor Stephens exits investment in the domain name registrar after 14 years

  • Buyouts
  • 04 March 2019
Insurtech services and software
Summit exits Acturis in Astorg-backed deal

Sale of insurance-related software business brings to an end a nine-year holding period

  • Exits
  • 04 March 2019
Canon provides business outsourcing services
ASC Investment acquires Canon Business Services

ASC Investment will retain all current employees and bring in a new management team

  • Buyouts
  • 04 March 2019
Climbing walls
Calcium Capital invests €14m in Climb Up

Carvest, which first invested in Climb Up in 2011, exits the climbing walls operator

  • Expansion
  • 01 March 2019
IT consultants and financial advisers
Keensight-backed LinkByNet bolts on Objectif Libre

Objectif Libre's management team will join the board of LinkByNet and acquire shares

  • Portfolio management
  • 01 March 2019
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