Deals
Turkven, Earlybird to reduce Mikro Yazilim stakes in upcoming IPO
Mikro Yazilim, a Turkey-based software company, intends to float a 54.34% stake on Borsa Istanbul
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Sale of LBO France's Payot gets under way
French skincare company, founded in 1920, generates around EUR 5m in EBITDA
Armira closing in on purchase of IK Multimedia
Munich-based sponsor was in a head-to-head battle with Bregal in the late stages of the process
Argos Wityu acquires majority stake in Groupe Fedd
GP bought its 90% stake in the electronics specialist via Argos Wityu Mid-Market VIII
Main Capital buys Oribi and Qics
Deals are the first two from software investor Main Capital's EUR 210m Foundation Fund
KKR invests in Körber
Körber is a global supply chain software business founded in 1995
Rutland exploring dual-track exit for Omar Group
UK-based builder of park homes and luxury lodges is expected to come to market in Q1 2022
La Maison Bleue sale on ice following lacklustre first round
Process is likely to be resumed later in 2022, one source says
Proprietes-privees.com attracts several PE players ahead of first-round bids
Alantra is advising vendor Sparring Capital on the sale of the real estate online platform
Hg invests in Bowmark-backed Pirum
Hg and Bowmark share joint control of Pirum with the company's management team retaining a significant stake
Grocery delivery startup Flink closes USD 750m Series B round
German grocery delivery startup has comfortably exceeded unicorn status in just a year since inception
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
ECI sells Content+Cloud for 4.1x money
Sale of the IT service and digital consultancy ends a five-year investment period
PE heavyweights line up for EUR 1.5bn Ligue 1 stake – report
French league's auction is expected to wrap up by the start of the second quarter
TCV-backed Grupa Pracuj lists in EUR 1bn IPO
TCV first invested in the Poland-headquartered online recruitment platform in 2017
VCs support USD 475m first close of Monzo's latest round
Bank is expected to raise more than USD 500m on the round's second close at a USD 4.5bn valuation
Permira in USD 5.8bn Mimecast take-private
Announcement follows a series of discussions with potential strategic and financial investors
Triton to buy Clinigen in GBP 1.2bn deal
Board of the UK-based listed pharmaceuticals company has agreed to the offer
Inflexion taps Harris Williams for upcoming Alcumus exit
Private equity suitors could preempt the auction given the popularity of the space
Asmodee draws Carlyle, Embracer Group in final stages
CVC and KKR, previously reported as potential bidders, are no longer involved
Providence sells Tes Global to Onex
Providence originally acquired the education software provider in an SBO from TPG Capital
Inflexion reaps 6x on Halo trade sale
Inflexion accrues a 53% IRR from the sale of the network components manufacturer
Siparex admits Chequers, three others to next round for Plurima
Clessidra, Armonia, PAI and Ardian are no longer involved, sources say