Deals
Horizons Ventures et al. in $25.6m round for Synthace
Series-B led by Horizons with additional investment from Luminous Ventures, SOSV and others
YFM makes 2.7x on sale of Mangar Health to PE-backed Winncare Group
Sale ends a holding period of four years for YFM’s British Smaller Companies VCTs
Panakès et al. back €9m series-B for Carthera
Consortium of investors back Carthera to accelerate the development of its clinical pipeline
Permira buys five Iberian universities for €770m
Deal includes Universidad Europea based in Madrid, Valencia, the Canary Islands and Lisbon
Odewald buys Giata
Investment was made by Odewald’s KMU division, which focuses on smaller buyouts
Index leads $85m round for Nexthink
Fresh capital will be used to accelerate the company’s global expansion, with a focus on the US
Draper Esprit leads $40m series-C for Finalcad
VC houses Cathay Innovation and Salesforce Ventures also take part in the funding round
Main Capital-backed SDB Ayton bolts on Cormel IT
Under Main’s ownership since May, SDB Ayton buys Cormel IT to broaden its product portfolio
VC firms back €6m series-A for Wandelbots
Existing investors, including Felix Haas, Christian Dahlen and Atlantic Labs also take part
Buckthorn Partners invests in Coretrax
Buckthorn becomes majority shareholder, while Coretrax MD Kenny Murray takes over as CEO
Synova's Stackhouse Poland acquires PII
Property Insurance Initiatives is the 12th bolt-on made by Stackhouse since gaining Synova's backing
Rabo PE backs V&S Food Specialist
GP buys a 40% stake via Rabo Pariticipaties in Netherlands-based V&S Food Specialist
Ardian-backed Indigo sells car parks to Saba
Following the deal, Saba intends to enter new markets and further expand internationally
Vendis Capital buys Alpine
Vendis buys Netherlands-based Alpine Holding, an earplug manufacturer, from its founders
3i reaps £52m from Aspen Pumps refinancing
Sum returned from the pump manufacturer equates to 0.8x 3i's initial investment in the business
NPM Capital to sell Iddink to trade in €277m deal
Netherlands-based Iddink Group, an educational platform, is sold to Finnish Sanoma Group
Auctus-backed Valantic buys Elements.at, funds Pimcore
Partially owned subsidiary Pimcore receives €3.5m series-A funding round as part of the deal
Ardenton invests in Shaftec Automotive
Deal for the automotive spare parts supplier is the Canadian GP's third UK investment
RA Capital, InCube lead $30m series-B for WhiteSwell
Irish biotechnology company will invest in product development and medical studies
Motive Partners backs Finantix
Following the deal, the company's founders and management team will continue to lead the business
Key Capital Partners sells Alliance in Partnership
GP sells the Birmingham-based specialist catering group to multinational catering company Sodexo
Alpina-backed Germanedge buys Objective International
GP acquires a 70% stake in Objective, while the management team has retained the remainder
Bain's Italmatch bolts on BWA Water Additives
Acquisition is financed by a combination of Italmatch debt and a fresh equity injection
Mid Europa buys Intive from Enterprise Investors
Enterprise initially invested in BLStream, then backed SMT Software Services, and built up the group