Deals
Core Equity shelves Hema acquisition talks – reports
E-commerce platform of Hema is not deemed profitable enough, sources told the Dutch press
PE-backed Wagamama mandates Goldman Sachs for funding options
Restaurant chain backed by Hutton Collins and Duke Street has withstood the UK casual dining downturn
Idinvest et al. inject $15m into Biomodex
Funding round is led by Idinvest Partners and InnovAllianz, with previous backers returning
Hg sells Intelliflo to Invesco
Sale of the financial software company brings the gross realised fund multiple of Mercury 1 to 3.4x
CapMan sells MPT to Holta
Deal marks the end of a nine-year holding period for CapMan, which acquired the business in early 2009
VC firms invest $30m in Coya
Fresh capital will be used to establish the company in Germany once it receives approval from BaFin
Warburg Pincus buys Self Trade Bank
GP teams up with former Santander CEO Javier Marín Romano for the bank's carve-out
LT Capital's B Live undergoes refinancing
Former debt structure included bonds with redeemable warrants underwritten in 2016 and 2017
Partech et al. inject €32m in Lendix
Consortium of previous and new investors back the France-based online lending platform
Karmijn Kapitaal backs Picturae
Karmijn provides equity tickets of €2-12.5m to businesses with minimum €5m in turnover
GCP reaps 4.8x on sale of Etc.Venues to Gencom et al.
Company has added six new venues under the vendor's tenure, bringing its total to 15
KKR, Goldman Sachs invest $360m in OutSystems
Company will use the fresh capital to accelerate its expansion and further develop its platform
Adyen sets price range for €6-7bn IPO
General Atlantic, Index Ventures, Felicis Ventures and Temasek have all previously backed the business
VR Equitypartner sells Vohtec to trade
Deal ends a five-year holding period for VR Equitypartner, which acquired a 49.9% stake in 2013
Capzanine backs Horizon Software
Fresh capital will be used to support the company's development plan in France and abroad
LGT, Cambridge Innovation in $100m series-B for CMR Surgical
Investment round for surgical robotics company was led by Zhejiang Silk Road Fund
PE-backed Concardis and Nets set to merge
Deal will see Concardis shareholders contribute their shares in return for Nets shares
VC firms back €10m series-A for FinCompare
Dutch bank ING joins the syndicate as the lead investor via its corporate venturing arm
Altor-backed Rossignol sells minority stake to IDG
Partnership with IDG will enable Rossignol to tap into the winter sports sector in China
Elysian's Tekmar announces intention to float
Offshore wind cable protection supplier has grown its EBITDA by 28.5% per annum since 2016
OrbiMed et al. back €40m series-B for Enyo Pharma
Historical and new investors back Enyo Pharma, which researches drugs inspired by viruses
CVC’s Delachaux sets IPO price range
Final price will be announced on 14 June, with share trading due to begin on 19 June
DBAG buys Von Poll Immobilien
Third investment from DBAG ECF I, which raised €85m for its latest vintage in June 2017
Sentica Partners exits Silta
Following the deal, Silta will become part of Administer, with its brand and name unchanged