Deals
Edge backs Airbeem
Fresh capital will be used to roll out the platform through more sales and marketing activity
Livingbridge acquires insurance group CISG
GP will support further growth by expanding the franchise operations and through acquisitions
Hg to invest in Financial Express
GP invested in the financial services software and data company with capital drawn from Mercury 2
Carvest backs MBO of consultancy Algoé
GP Carvest, the PE arm of Crédit Agricole's regional branches, takes over from CIC
Cinven exits Ufinet Spain, retains Ufinet International
Sale ends a four-year holding period for Cinven, which acquired the company from Gas Natural Fenosa in 2014
21 Concordia acquires stake in VGL
Polish GP backed the firm via its special purpose holding entity Polinvest 8
Sun European buys ESIM from Ardian
Sale ends a three-year holding period for Ardian, which acquired the company in a complex carve-out
PE-backed Şok completes Istanbul IPO
Turkish grocery retailer prices at the top end of its revised range, with gross proceeds of TRY 2.3bn
Hg reaps 4.9x on sale of JLA to Cinven
Deal brings to an end an eight-year tenure and generates a gross IRR of 26% for the vendor
Creathor in €10m series-B for Acousia
LBBW Ventures, Bregua Corporation and existing backers BIVF and KfW also take part in the round
Strategic Value acquires remainder of Vita Group
Debt package to support the transaction was provided by Barclays and NatWest Markets
Elaia Partners et al. in €4.5m round for Uwinloc
Backing will help the French provider of asset location products to expand internationally
Bayern Kapital in €5.5m round for ProGlove
Intel Capital and German VC firms Gettylab and DIVC also take part in the financing
DH Private Equity completes restructuring of Fund IV
Goldman Sachs is the largest LP in the new vehicle, which has two companies remaining
Neuberger Berman exits Surgital, Brugola
Neuberger Berman acquired Fondo Italiano's portfolio, which included Surgital and Brugola, last year
Alliance Ventures et al. invest €10m in Kalray
French microprocessors developer Kalray received €23.6m in funding in 2017
EMK's Reconomy in £70.7m refinancing
Company negotiates a more flexible financing structure to provide headroom for acquisitions
Silverfleet buys PE-backed Prefere Resins
Deal is Silverfleet's eighth investment from Silverfleet Capital Partners II, which closed in 2015
JC Flowers sells 8% stake in OneSavings for £80m
Partial divestment comes four months after the GP sold a 10% stake in the specialist lender for ТЃ95m
LBO France, LFPI sell underwear retailer Eminence to trade
Delta Galil Industries, with more than $1bn in revenues, buys French underwear specialist Eminence
Digital+ Partners invests $15m in Starmind
Digital+ Partners is investing from its Digital Growth Fund I, a VC fund targeting €300m
Silver Lake agrees to de-list Zoopla parent ZPG for £2.2bn
Proposed de-listing has unanimous backing from ZPG's board and comes four years after its ТЃ920m IPO
Ontario Teachers' sells Helly Hansen
Helly Hansen plans to increase its brand offerings in Canada following the deal
Hg buys Medifox from ECM
Sale ends a five-year holding period for ECM, which acquired the business in May 2013