Deals
Maven backs £6m MBO of ProspectSoft
Investment in CRM and e-commerce software provider is Maven's second MBO of 2017
DBAG backs Vitronet MBO
DBAG will use capital from its DBAG ECF fund as well as €8.5m directly from its balance sheet
Terra Firma, CPPIB sell Awas to Dubai Aerospace
Earlier media reports suggested the vendors were seeking $7bn for the aircraft leasing company
Fondo Italiano d’Investimento exits Emarc via trade sale
GP sells its holding in the Italian auto parts producer after a five-year ownership period
AGIC acquires laser manufacturer Fotona
Fotona will use the new funding and local support from AGIC to expand its sales effort in Asia
Lone Star sells 53% of Forterra for £206m
Transaction sees the GP make a final exit from the UK brick manufacturing business
EdRip backs group Bacacier
EdRip invests from venture fund Winch Capital 3, closed on €300m in 2014
CapVest’s Valeo buys Dolciaria Val d’Enza from Alto
Italian GP reaps a 42% IRR from its investment after a three-year holding period
Lynx buys Label Express
Deal for printing business is the second UK investment made by the Canadian GP since the Brexit vote
Macquarie acquires Green Investment Bank for £2.3bn
Transaction will see the firm take control of £4bn of funds and launch three new vehicles
AnaCap buys Ellisphere
Ellisphere was hitherto a subsidiary of Natixis, which had managed the group since 2014
KPN Ventures backs Locumi Labs in €1.5m funding round
HBT Holdings and KfW Banking Group have also backed the smart-lock app developer
Vækst-Invest Nordjylland backs Miralix MBO
GP and three of the company’s managers buy a 70% stake from CEO Preben Kirkeby
ATV leads €4.2m funding round for Enervalis
Besides ABB Technology Ventures (ATV), LRM and Nuhma also backed the funding round
Perspective et Participations et al. back Société Besnard bolt-on
Previous funders Unexo and Sodero Unigestion have backed Microsteel since 2006
Bridgepoint's EMT to acquire Exova for £620m
Deal values the company at 12.5x its adjusted EBITDA for the 12 months ending in December 2016
Ardian strikes $2.5bn secondary/primary transaction with Mubadala
Ardian takes majority stake in an existing PE portfolio and becomes lead investor in a new $1.5bn fund
Rutland invests in Omar Group
Deal for holiday lodge and park home manufacturer is the fourth investment from the GP's third fund
Lonsdale's P2 bolts on FS 101
Lonsdale bought management consultancy P2 Consulting in January 2017
TGFS and Hessen Kapital back Mapcase
New capital will be used to improve the technology, as well as expand operations in the DACH region
Atlantic Labs leads funding round for Peat
VC leads a seven-digit funding round for the German plant disease diagnostic app developer
Blackstone to hand Jack Wolfskin to lenders in debt-for-equity swap
Coordinating committee has agreed to write off €80m of debt, reducing outstanding liabilities to €210m
LDC backs SBO of Addo from Vision Capital
Private investment fund Fullbrook Thorpe Investments has also invested in the UK pastry business
Active Capital Company acquires Codi Group
Active Capital had been the majority owner of Codi since 2013, when it invested €9.2m