Deals
NVM makes first deal from maiden LP-backed fund with Dale MBO
GP's first institutionally backed fund has held a first close and has a target of £150m
DPE sells Elatec to Summit
DPE acquired its stake in Elatec in January 2016, drawing equity from the €575m fund DPE III
EQT sells CBR Fashion Group to Alteri
Deal ends a holding period of almost 11 years for EQT, after SBO from Apax and Cinven
Calculus Capital invests £3m in Open Energy Markets
UK firm intends to strengthen its sales team and enter the US with the fresh capital
YFM's Gill Marine bolts on Gill North America
Acquisition of the US-based licensee will increase the consolidated group's turnover to £20m
Ardian backs SFAM in €1.7bn deal
GP acquires a €200m minority stake in the French broker of smartphone and multimedia insurance
M Capital backs $3.7m series-A funding round for Intuilab
Private investment company IRDI Soridec Gestion also takes part in the financing
Creandum leads $10m series-A round for Mixmax
Mixmax plans to use the new capital to build its team and develop a new mobile interface
Inflexion-backed Ocorian bolts on Abax Holding
Deal is the fourth acquisition by the Channel Islands-based company in six months
TPG to exit Vita Group
TPG took the company private in 2005, drawing equity from its $5.3bn TPG Partners IV fund
Navigator buys ENA Guss Albbruck
ENA filed for insolvency in October 2017 and generates revenues of approximately €10m
LocalGlobe leads $2.5m funding round for Zebra Fuel
Vehicle fuel delivery business will invest in its fleet and undertake a recruitment drive
Capzanine, Creadev back Recommerce
GPs invest €50m in the French used electronic products retailer in a series-C funding round
Balderton leads $25m series-A for Infarm
TriplePoint Capital and Mons Investments also take part alongside previous backer Cherry Ventures
Gilde acquires Performation in MBO
GP acquires a majority stake in the Dutch healthcare business-intelligence provider
Capidea acquires 55% stake in Budweg Caliper
Deal marks first investment from the PE firm's latest investment vehicle, Capidea Kapital III
Bain backs Bugaboo
Acquisition of the stroller maker is the first Dutch investment for British GP Bain Capital
Lonsdale acquires Simmons Bars
Deal is the fifth investment made by the GP's maiden fund, which closed on £110m in 2016
GPs bid for AkzoNobel's chemicals arm
GPs are in the auction process for the carve-out, said to be valued in the region of €10bn
EQT-backed Piab acquires Feba Automation
Deal marks the second bolt-on in three months after Piab acquired SAS Automation in 2017
Inception leads €2.2m seed round for Penta
Fresh capital will be used to hire more staff to support the company's growing customer base
Cairngorm acquires MJ Wilson
Acquisition of the industrial components distributor is the first phase of a buy-and-build strategy
Capitem invests in MPI to finance Scaelec bolt-on
Capitem-backed MPI bolts on French electronic devices production subcontractor Scaelec
Aurelius sells AH Industries back to management
Kim Kronborg Christiansen and Adrian Roy Willetts will head up the management team