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Deals

Electronic tilling appliances and associated tablet software
WestBridge, Octopus divest Vista to LDC in £29.4m SBO

LDC invested £14m in the deal, which generated a 4x return and 80% IRR for WestBridge

  • Exits
  • 27 October 2017
Olive trees
ADM Capital buys Olivos Naturales

Acquisition is the second transaction for the GP's food-dedicated vehicle, Cibus Fund

  • Buyouts
  • 27 October 2017
Education apps and services
Point Nine Capital in $14m funding round for Brainly

Other backers include Kulczyk Investments, Naspers, General Catalyst and Runa Capital

  • Expansion
  • 27 October 2017
Online education applications for teachers
EQT to sell remaining 12.1% stake in AcadeMedia

Swedish GP mandates Carnegie and Skandinaviska Enskilda Banken to run the bookbuilding

  • Exits
  • 27 October 2017
Valve manufacturer VAT Valve
Partners Group sells 9.33% stake in VAT Group

Further sell-down amounts to CHF 355m and leaves Partners Group with a stake of 3.75%

  • Exits
  • 27 October 2017
Smartphone advertising and video content
Idinvest Partners, BPI France et al. in €32m iAdvize series-C

French GPs invest €32m in the conversational marketing platform developer

  • Expansion
  • 27 October 2017
Removal services
SevenVentures invests €13m in series-C expansion for Move24

Original round was led by Innogy Ventures with Holtzbrinck, DN, Piton and Cherry participating

  • Expansion
  • 27 October 2017
Endoscopy
VC firms sell Invendo Medical to Ambu for €225m

Selling shareholders include Xeraya, TVM, Wellington, 360 Capital and Heidelberg Innovation

  • Exits
  • 26 October 2017
IT engineers and telecommunications infrastructure
One Equity-backed Lutech buys Sinergy

GP acquired a controlling stake in the business in July 2017 via its $1.65bn sixth vehicle

  • Portfolio management
  • 26 October 2017
Creative agencies and marketing teams
BGF divests Zone to Cognizant

Sale of digital marketing business comes two and a half years after the GP's initial investment

  • Exits
  • 26 October 2017
Ski lifts and gondolas
Argos sells BMF to Rantum, Cedarlake

Bartholet family will retain a minority stake and Roland Bartholet will remain chairman

  • Buyouts
  • 26 October 2017
Industrial drills and grinding machines
Quadrivio purchases 60% of TFM Automotive & Industry

GP draws down capital from its €250m Quadrivio Private Equity 3 vehicle

  • Buyouts
  • 26 October 2017
Clinical trials and biotechnology
Capnamic, Grazia in $8m round for Zageno

Fresh capital will be used to expand the sales, marketing and technical integration teams

  • Expansion
  • 26 October 2017
Insurtech services and software
Primomiglio leads €1m seed round for Yolo

Backers include US-based seed investor Miro Ventures and insurance broker Mansutti

  • Early-stage
  • 26 October 2017
Food production lines and packaging machines
HQ Equita sells Rovema to Haniel

Rovema reports double-digit growth percentages in the two years since HQ acquired it

  • Exits
  • 26 October 2017
Ultimaker is a developer of 3D printing machines
NPM Capital invests in Ultimaker

NPM will become a majority shareholder as the three founders remain as shareholders

  • Buyouts
  • 26 October 2017
Sitour makes retail displays
Céréa Partenaire backs management buyout of Store Novation

Investment is financed via Céréa Capital II, which closed in January 2017 on €225m

  • Buyouts
  • 26 October 2017
Portfolio reorganisations
Draper Esprit acquires two Seedcamp funds

Deal sees the acquirer take stakes in a number of tech startups, including Transferwise

  • Secondaries
  • 25 October 2017
Hospitals and healthcare
Gimv, UI Gestion sell Almaviva Santé to Antin

Gimv and UI Gestion sell the French private hospitals group to Antin Infrastructure Partners

  • Buyouts
  • 25 October 2017
Snorkelling holidays and tour operators
Endeit leads $10m series-B for Tourradar

Existing investors Cherry Ventures and Hoxton Ventures also take part in the round

  • Expansion
  • 25 October 2017
Online identification and cybersecurity
HgCapital buys 69% Dada stake for €46m

Following the acquisition, the GP aims to launch an offer on the remaining shares

  • Buyouts
  • 25 October 2017
Question Time with Jonathan Dimbleby
Vitruvian exits Tinopolis in management buy-back

Divestment of media production company brings to an end a nine-year holding period

  • Exits
  • 25 October 2017
Self-driving cars and road-mapping technologies
VC firms invest €3.6m in Blickfeld

Fluxunit, HTGF, Tengelmann and UnternehmerTUM all take part in the funding round

  • Early-stage
  • 25 October 2017
Accel Partners et al. in $28m Shift Technology series-B

Consortium of US and French investors backs the platform, which helps insurers detect fraud

  • Expansion
  • 25 October 2017
376 377 378
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