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Deals

Clinical trials and biotechnology
Sofinnova and 5AM lead £28m series-A for NodThera

UK drug discovery company will bring its leading drug candidate to the clinical trial stage

  • Early-stage
  • 25 June 2018
Telecommunications apps and devices
Balderton, Index raise $8m for Rebtel

Rebtel intends to use the funds to build a digital bank aimed at migrant workers

  • Expansion
  • 25 June 2018
Call centres
KKR's Webhelp bolts on Sellbytel

Backed by KKR since 2015, Webhelp buys outsourced sales provider Sellbytel Group

  • Portfolio management
  • 25 June 2018
Insurance brokers
Sovereign-backed Arachas acquires Covercentre

Third acquisition Arachas has made since Sovereign backed its MBO last year

  • Portfolio management
  • 25 June 2018
Opticians and eye tests
Ergon Capital buys Indo in SBO

Sale ends a five-year holding period for Sherpa, which acquired the company after it hit bankruptcy

  • Buyouts
  • 25 June 2018
Clean rooms and laboratory equipment
HTGF sells Sierra Sensors to trade

Sale ends a 12-year holding period for HTGF, which invested in the business from its first fund

  • Exits
  • 25 June 2018
Nuaire receives investment from Electra propelled by new regulations
Anders Invest acquires De Waal Staal

Air tunnel specialist De Waal Staal is the 12th acquisition by Anders in three years

  • Buyouts
  • 25 June 2018
Paper spools
OpenGate sells NorPaper to trade

Lebanon-based Gemayel Freres & Chaoui Industriel buys the French paper specialist

  • Exits
  • 25 June 2018
Training courses and education programmes
LDC agrees sale of LearnDirect to DTS

Transaction comes two years after the portfolio company sold a division to PSI Services

  • Exits
  • 25 June 2018
Power converters
Alder sells Powerbox in SEK 228m trade deal

Sweden-based Alder sells its portfolio company after a five-year holding period

  • Exits
  • 25 June 2018
Driverless cars and proximity sensors
EQT Ventures leads $18m series-B for Silexica

Existing investors Merus Capital and Pau Ventures also take part in the round

  • Expansion
  • 25 June 2018
3D Cad software for engineering components
Ace, CM-CIC sell Spring Technologies to trade

Sweden-based Hexagon, a specialist in Autonomous Connected Ecosystems (ACE) buys Spring

  • Exits
  • 22 June 2018
Bricks and construction materials
Litorina-backed Fresks acquires Urban Strålin Byggvaror

Previous owners Kay and Leo Strålin will reinvest part of the proceeds in the building materials retailer

  • Portfolio management
  • 22 June 2018
Business courses and employee training services
BGF injects £3m into DevOpsGroup

Investment will fund the acquisition of Wales-based IT skills training business AgileSnap

  • Expansion
  • 22 June 2018
Aerospace parts and long distance logistics
Cerberus buys WFS in €1.2bn SBO

Sale ends a three-year holding period for Platinum Equity, which bought the company from LBO France

  • Buyouts
  • 22 June 2018
Fiancial comparison software for businesses
FPE Capital invests in TNP

Deal is the fourth investment from FPE's first institutional vehicle, closed last year

  • Buyouts
  • 22 June 2018
Plastic barrels and industrial chemical containers
Amundi PE et al. back EMP Rotomoulage MBI

Brothers Cyril and Samuel Delamaire sell their stakes in the French plastic parts manufacturer

  • France
  • 22 June 2018
Man driving a car
LDC divests Validus-IVC in trade sale to Verisk

Sale of motor-insurance-related business brings to an end a five-year tenure for the vendor

  • Exits
  • 22 June 2018
Stamped metal components
DeA Capital's Tecnomeccanica bolts on Mea

Tecnomeccanica expects to reach a turnover of €27m following the acquisition

  • Portfolio management
  • 22 June 2018
Enjoying media on a smartphone
Insight backs $18.8m series-C for Blinkist

Existing investors Greycroft, IBB Beteiligungsgesellschaft and EVentures also take part

  • Expansion
  • 22 June 2018
Tumour analysis and biotechnology
MPM et al. in €64m series-B for iTeos Therapeutics

Previous and new backers inject €64m in the cancer-focused biotechnology company

  • Early-stage
  • 22 June 2018
Biotechnology and pharmaceuticals
CVC in talks over acquisition of Recordati

Talks were put on hold recently due to concerns about Italy's political uncertainty

  • Buyouts
  • 21 June 2018
Laboratory testing facilities
MBO Partenaires buys BCF Life Sciences

GP takes over from Céréa Capital and Sodero Gestion, investing alongside management

  • Buyouts
  • 21 June 2018
Biotechnology and medical sciences
PE-backed SGH Healthcaring buys Rovipharm and RR Plastiques

SGH Healthcaring's double-acquisition is supported by a Bluebay financing package

  • Portfolio management
  • 21 June 2018
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