Deals
IK sells Ellab to EQT
IK Investment Partners held the thermal validation services company for three years
Sofina invests €150m in Drylock Technologies
Sofina buys a 25% stake in Drylock, a diapers and incontinence products specialist
IGI invests in Route Capital-backed Test Industry
GP deploys capital from its IGI Investimenti Sei fund, which was launched with a €150m target in 2018
Exponent-backed Dennis Publishing bolts on Car Throttle
Deal is intended to increase the company's online presence in the automotive publishing space
PE-backed Nets offloads division to Mastercard for €2.85bn
Acquisition comprises Nets' clearing and instant payment services, and e-billing solutions
BlackRock et al. in $460m funding round for Klarna
Funding round values the payments and financing service at $5.5bn
Sovereign sells Outcomes First to Stirling Square's NFA
Deal for the specialist care provider brings to an end a six-year holding period for the vendor
VCs invest $17.5m in Teralytics
Investors back Zurich-based transport analytics firm Teralytics to foster expansion abroad
DPE acquires Stromberg
DPE acquires surface protection specialist Stromberg as a bolt-on for its portfolio company
Apse takes majority stake in Ultima
Recently formed GP typically invests in tech and tech-enabled companies valued at €50-200m
Altor sells Enhanced Drilling to EV Private Equity
EV Private Equity will combine Enhanced Drilling with Enhanced Well Technologies
Three Hills makes €192m secondary deal, supported by Idinvest
Three Hills offers LPs the option to reinvest in continuation vehicles or sell to Idinvest
Apposite's Riverdale Healthcare bolts on dental practises
Combined businesses will offer a greater range of private and specialist treatments
Palamon carves out Business School24 from Il Sole
GP already owns a 51% stake in the company and is buying the remaining 49% for €21.5m
Chiltern takes majority stake in IMD Group MBO
Financial details remain undisclosed, though the GP typically writes equity cheques of up to £15m
Quantum acquires Postcon
Quantum typically invests up to €15m for majority stakes in companies with revenues of €20-500m
Palatine impact fund backs Veincentre
Clinic operator focusing on varicose vein treatments will open new sites in Glasgow and Leeds
NB Renaissance acquires leather producer Rino Mastrotto
Founding Mastrotto family will retain a significant stake and continue to lead the company
Accel in $35m round for Fever
Deal brings the total amount raised by the social media software developer to $70m
CVC buys online universities Pegaso and Mercatorum
GP deploys capital from its CVC Fund VII, which held a final close on its €15.5bn hard-cap in 2017
Aurelius carves out BT Fleet Solutions
Division generated a turnover of £209.5m in its most recent financial year
BlackRock et al. in €25m series-C for Scalable Capital
Existing investors BlackRock, Tengelmann Ventures and HV Holtzbrinck Ventures participate
GPs sell MeilleursAgents to trade in €200m deal
Axel Springer's Aviv buys France-based MeilleursAgents, an online real estate service
GPF Capital backs beer cooler producer Golderos
GP invests via its GPF Fund II, which held a final close on €150m in October 2017
