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Deals

iZettle has developed a mobile payments device for small retailers
VC-backed iZettle acquired by PayPal in $2.2bn deal

Mega-deal comes just days after the startup announced its intention to float in Stockholm

  • Exits
  • 18 May 2018
Pneumatic systems in factory automation
Triton makes 5.5x on €527m sale of Aventics

First of two exits in 24 hours, as the GP also announces the sale of social care provider Mehiläinen

  • Exits
  • 18 May 2018
Golf clubs and sporting holidays
Epiris acquires The Club Company from Lone Star

Deal is the third made by Epiris Fund II and reportedly values the country club chain at around £100m

  • Buyouts
  • 18 May 2018
Hospitals and healthcare
Triton, KKR sell Mehiläinen to CVC

Deal for the Finnish healthcare services provider is reportedly valued at €1.8bn

  • Exits
  • 18 May 2018
Aeroplane engines and aerospace services
Activa's Mecadaq acquires US-based Hirschler Manufacturing

Mecadaq gets additional funding injection from Activa to buy the hard-metal machining business

  • Expansion
  • 18 May 2018
Fake and counterfeit goods
Highland Europe injects $21m into Incopro

IP protection software and consultancy business will build out its Chinese operations

  • Expansion
  • 17 May 2018
Education apps and software
GA leads $60m series-B for OpenClassrooms

Existing investors Alven Capital, Citizen Capital and BPI France are also taking part

  • Expansion
  • 17 May 2018
Pallets and warehouse logistics
IGI's Bracchi bolts on Bas Group

Following the acquisition, Bracchi expects to boost its growth and reach a turnover of €130m in 2018

  • Expansion
  • 17 May 2018
Human resources software developer
Hg-backed Visma and Raet to merge

Visma has launched a €300m term loan add-on financing to syndication to finance the acquisition

  • Refinancing
  • 17 May 2018
Warranty extensions and repair services
Armonia buys Estendo

GP deploys capital from its Armonia Italy Fund, which held a first close on €200m in June 2016

  • Buyouts
  • 17 May 2018
Clinical trials and biotechnology
Medicxi, RA Capital in $30m series-B for Xenikos

Firm intends to advance the development of its lead compound, T-Guard, with the fresh capital

  • Early-stage
  • 17 May 2018
Intellectual property lawyers and services
Castik buys Warbug Pincus-backed Ipan, merges with Delegate

Castik draws capital from its €1bn buyout fund Epic I, which held a final close in June 2014

  • Exits
  • 17 May 2018
pylons-norway-web
Norvestor-backed Roadworks acquires Otera Infra

With the acquisition, Roadworks intends to strengthen its service offering in its local market

  • Portfolio management
  • 17 May 2018
Home cooking stir-fry
Phenom sells €140m stake in HelloFresh

Equates to a value of approximately €140m based on the current trading price of €12 per share

  • Exits
  • 17 May 2018
Bakeries and automated systems for food production
Blue Wolf acquires majority stake in TGW

Deal for the industrial knife producer was made with capital drawn from the GP's $540m fourth fund

  • Buyouts
  • 17 May 2018
Blood lancets and sampling devices
EQT sells HTL-Strefa to Investindustrial

Investindustrial will merge HTL with PIC, a division of Artsana Group's healthcare business

  • Exits
  • 16 May 2018
Atlantic Stars is a designer of trainers
Alcedo buys Atlantic Stars

GP draws capital from its Alcedo IV Fund, which held a final close in May 2016 on €195m

  • Buyouts
  • 16 May 2018
Bonuses and incentivisation
Montagu sells Equatex to trade for $420m

Deal ends a holding period of four years for Montagu, which carved the business out of UBS

  • Exits
  • 16 May 2018
Smart dress shoes for men
Industrie Chimiche Forestali floats following EPS acquisition

EPS, a special purpose acquisition vehicle, acquired ICF in January for €69m

  • Exits
  • 16 May 2018
Aksia makes double acquisition of Italian call centre operators Contacta and Visiant
Draper Esprit leads $29m series-B for Aircall

Call centre software developer will make senior appointments in its US- and Europe-based teams

  • Expansion
  • 16 May 2018
Doctor performing hearing exam
EQT's Sivantos merges with Widex

Enterprise value of the combined entity is estimated at €7bn, according to the GP

  • Buyouts
  • 16 May 2018
Telecommunications software and video conferencing
GMT sells MeetingZone to trade for £61.4m

Sale ends a holding period of almost seven years for GMT Communications Partners

  • Exits
  • 16 May 2018
Web application design tools
Accel leads $8m series-A for Dashdash

Cherry Ventures, Atlantic Labs and angel investors also take part in the financing

  • Expansion
  • 16 May 2018
Greek island holidays
Livingbridge to acquire Love Holidays

Proposed deal will reportedly value the UK-based online travel agent at around £180m

  • Buyouts
  • 16 May 2018
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