Deals
PAI-backed Ethypharm acquires Martindale Pharma
New combined entity will generate revenues in excess of тЌ300m
MMC and True Capital in £8m round for TyresOnTheDrive
Investment marks the fourth round of funding for the UK-based tyre replacement business
Inter-Risco buys 40% stake in Catari
Deal marks the fund’s second transaction executed on a stand-alone basis
New Science Ventures leads €12m series-B for Zeotap
Backers include existing investors Capnamic Ventures and Iris Capital, as well as business angels
PE-backed Consort NT acquires Altea and Estia
Ardian has been backing the group since 2002, while other backers entered the group later
Inflexion backs £40m MyPolicy MBO
Investment in insurance broker marks the first deal made by the 2016-vintage Inflexion Enterprise Fund IV
Valar Ventures and Alven Capital in $1.7m round for Qonto
Valar Ventures and Alven Capital have invested a joint $1.7m in banking platform Qonto through an early-stage round.
Deal in Focus: Chequers exits Provalliance group
Hair salon business Provalliance generates €1.2bn in revenues serving 35 million customers per year
Inflexion-backed Cablecom acquires WarwickNet
Bolt-on of the UK internet service provider comes seven months after the company's previous acquisition
AnaCap buys payments service Heidelpay
Buyout activity across the European payment and banking services remains high
Sentica's Trust Kapital bolts on Enfo Zender
Acquisition is the first bolt-on by GP-backed Finnish business support services company
Inflexion's Reed & Mackay bolts on Gray's Travel
Deal marks the corporate travel agency's first acquisition under the ownership of Inflexion
Active sells Reviewpro via trade sale
VC investor exits the business in a deal reported to value the company at $35m EV
Iris Capital leads €1m seed round for Armis
VC recently closed investments in MindLytix and exited InstanLuxe.com
AAC sells NSL to ICG's Marston
Sale of the road-traffic-related admistration business comes six years after the GP's initial investment
Credo and Talis co-led a €4m series-A for Price FX
Prague-based venture capital house Credo injected capital from its second vintage, Credo Stage 2
Index Ventures leads €9m round for Kayrros
Index was joined by a number of private energy sector investors in the round
Octopus leads £7.5m round for Bought By Many
Deal will fund the launch of the online aggregation and price comparison platform's insurance products
Beringea backs infant clothing maker My 1st Years
The ТЃ5m growth funding was provided together with Hargreave Hale
Indufin invests in software developer AXI
Indufin is taking over from ING as the main investor in the software group
BlackRock invests €100m in Linkem
Deal completes a €500m total investment for the business, according to a statement
BGF invests in Chesney's
Fireplace and wood-buring stove manufacturer will look to expand across China and the US
Invitalia leads €700,000 round for Remoria VR
Backers include Italian venture capital house LVentures Group and several business angels
Advent, Bain buy German payment service Concardis
GPs have acquired the business to lead a market segment consolidation across the DACH region