Deals
Providence-backed Galileo completes €225m carve-out from Laureate
European division of Laureate reported a $54.8m EBITDA from revenues of $148.6m for 2016
Quilvest acquires Groupe EDH in SBO
Platina Partners, which backed the business in 2014, fully realises its investment
Pontifax et al. in €14.5m round for Step Pharma
Consortium of French investors back the biotechnology company in a series-A round
FSN Capital's Bygghemma Group acquires WeGot
Bygghemma was acquired by Nordic private equity firm FSN Capital in October 2016
Albion et al. in $12m round for Oviva
Diet-related healthcare platform will look to expand across Europe and invest in product development
Lenders take control of CVC- and Eurazeo-backed Fraikin
Debt arranged as part of the 2007 LBO will be significantly reduced from €730m to €265m
Aurelius makes 11.6x on €76.5m sale of Studienkreis to IK
Aurelius generates a return of approximately 11.6x on its investment in the company
Initiative & Finance backs Azman in OBO
GP buys a minority stake in the security solutions business via Initiative & Finance FPCI II
Gimv buys Agrobiothers
Jenoudet family will reinvest in the new company in return for a significant minority stake
GCP invests in DMW Group
Deal for the IT consultancy is the fifth investment from the GP's £205m fourth fund
Ardian-backed Brico Privé acquires Noova
Ardian-backed Brico Privé buys e-commerce marketplace Noova, which offers products from startups
EQT buys 40% stake in Epidemic Sound
Founders will retain 40%, while previous series-A lead investor Creandum will own 20%
Permira-backed Arcaplanet buys Fortesan
Combined group will operate 280 stores across Italy and employ more than 1,000 people
BGF acquires minority stake in Cornwall Insight
BGF is having a quieter year with 23 deals completed so far in 2017
AIB backs TransferMate with €30m investment
Firms have agreed a strategic partnership to help AIB business customers
Inflexion backs MBO of PCMS Group
Acquisition of the POS software business comes a week after the GP acquired Atcore
Fondo II Tech Growth in €9m funding round for BeMyEye
Fondo Italiano d'Investimento's tech growth fund contributes €6.3m to the round
Livingbridge acquires LDC-backed Giacom
Vendor has reinvested for a minority stake in the cloud-based IT marketplace
Silverfleet sells CCC to Ardian
Management team, headed by Christian Legat, take a significant stake and remain in their roles
Mayfair-backed Yo! Sushi acquires Bento for CAD 100m
Acquisition of the Canadian sushi brand will expand the group's North American presence
Lafayette carves out five steel companies from Wuppermann
Wuppermans says sheet metal production and processing are no longer core areas of competence
Novo Nordisk-backed Orphazyme lists in DKK 1.6bn IPO
Introductory share price was set at DKK 80 apiece, for a market cap of DKK 1.6bn
PAI, Sagard to exit Kiloutou in €1.5bn deal
HLD Europe and the Dentressangle family holding take a majority of the equipment rental business
Mercia in £5m series-A for Aston EyeTech
VC invested £1.8m in the round for the Birmingham-based eyecare diagnostics startup