Deals
KKR buys TMG
GP is bringing in media entrepreneur Fred Kogel as CEO while Herbert Kloiber joins the advisory board
Nauta Capital leads $6m round for German startup Zenloop
Piton Capital also takes part in the funding, alongside entrepreneurs including Christian Henschel
LDC sells ATG Access to trade in £22.5m deal
ATG has been sold to Hills & Smith, a FTSE 250 group operating in infrastructure and galvanising
Capvis sells Rena to Equistone
Management team led by CEO Peter Schneidewind will become shareholders alongside Equistone
QED Investors lead £3.5m round for Capitalise
SMEs can use Capitalise to seek financial advice from competing providers
Alven leads $10m round for vegan cosmetics brand Typology
Firstminute Capital and investors Marc Simoncini and Xavier Niel also take part in the funding round
Downing Ventures leads £6.5m investment in Imagen
Guinness Asset Management and Cambridge Innovation Capital also take part in the round
IK buys majority stake in Eres
IK Investment buys France-based Eres in a €230-240m deal via the €1.85bn IK VIII vehicle
Ardian acquires Study Group from Providence Equity Partners
Providence Equity Partners bought Study Group in a secondary buyout worth $570m in 2010
VC firms back €110m series-C for Ynsect
Astanor Ventures leads the round with additional contributions from BPI France, Talis and Idinvest
XAnge leads $3m investment in Sweagle
Unnamed US-based enterprise software company also invests in the round alongside XAnge
Standout Capital backs VisBook
GP invests via its Standout Capital I fund, which held a final close on SEK 1bn in August 2017
Halder makes first investment from new fund
Halder VI held a final close in January, but no further details were released by the firm
Workday Ventures invests in Beamery
Beamery said it has raised $40m to date and experienced 300% growth in the last 12 months
Auctus sells Valantic to DPE
Founding shareholders and management, led by Holder von Daniels, retain a stake of approximately 25%
Bridgepoint buys minority stake in Bee2link
GP uses £600m Bridgepoint Development Capital III fund to invest in France-based Bee2link
Exponent to exit Bullitt via restructuring - reports
Reported transaction would come less than two years after Exponent acquired a 65% stake in the firm
360 Capital leads €7m series-A for Signaturit
Previous backers, including Bonsai Partners and Banco Sabadell, also take part in the round
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 yesterday’s 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