Deals
VC-backed Delivery Hero readies for €4bn+ IPO
Listing is expected to raise €996m and give the company a total enterprise value of €4.4bn
HgCapital leads €4.7bn SBO of Visma from KKR, Cinven
KKR fully exits the software business while Cinven sells 40% of its stake to retain a 17% holding
Sun sells Nextpharma to Capvest
Sun says it strengthened senior management and optimised the manufacturing processes during its tenure
Safran and Pengpai in $26m funding round for Kalray
Safran Corporate Ventures and Pengpai join as new investors in the round alongside previous backers
BIP backs Mercateo
Company will use the fresh capital for the roll-out and expansion of a new networking platform
Cherry Ventures leads €4m funding round for Infarm
VC is joined in the round by Quadia, Localglobe, Atlantic Food Labs, Ideo and Demand Analytics
Alto Partners buys hair products manufacturer Tricobiotos
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV
Argos Soditic's Valco acquires TCR Capital's D2FC
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Mobeus invests £8m in Ludlow MBO
Asset management business will look to expand its regional network and make bolt-on acquisitions
FSN takes majority stake in Holmbergs Safety System
Firm plans to expand domestically and internationally, primarily in Asia
CVC inks third Italian deal with Pasubio
GP acquires a controlling stake in the Italian business via CVC Capital Partners Fund VI
Bridges and Magenta sell Halo to Cover-More
Car insurance aggregation platform has expanded into new market segments since the VCs' initial investment
Cobe buys Völker from Hill-Rom
End of a five-year holding period for Hill-Rom, which acquired Völker for $85m in February 2012
VC consortium backs Planradar
Company will exploit digitalisation potential in the building industry and launch internationally
Norvestor snaps up NetNordic
Norvestor will own approximately 75% of the companyтs shares post-deal
Lyceum's Isotrak acquires VeriLocation
Global GPS software developer strengthens its presence in the UK with the purchase
Triton buys Univativ
Second acquisition made by Triton's recently established lower-mid-cap team, according to a statement
Ardian purchases minority in T2O
Deal sees Ardian Growth acquire a minority holding in the Spanish business
EQT Credit et al. in exclusivity over Tiama sale to Caravelle
Proposed sale of glass packaging inspection business comes after a three-year holding period
Livonia buys minority in CGates
Deal is the fourth for the GP's Baltic mid-cap-focused fund Livonia Partners Fund I
Altor acquires customer services firm Xzakt Kundrelation
Deal will be the 12th conducted by Altor's тЌ2bn Fund IV and its fourth deal this year
Bain and Cinven's Stada take-private bid fails
Offer narrowly misses the minimum acceptance condition, with 65.2% of Stada shares tendered
Bain's European Tyres Distribution acquires Reiff division
Deal for tyre distributor is the second acquisition for the pan-European buy-and-build platform
Project A sells Contorion to Hoffmann
Steel distributor Klöckner & Co and early-stage investor Endeit Capital also sell their stakes