Deals
Cerberus and Orion pick up Sotogrande
Private equity houses had been bidding for the company since April
Inlandsinnovation backs Electronic Parking
Investment is Inlandsinnovation's seventh in just two months
Banexi, BPI sell Quotatis to Adeo
Adeo buys 100% of Quotatis
Corsair's Notemachine in third refinancing
Deal 10th for Ares' and GE's European Senior Secured Loan Programme
Constellation divests Ibis to Quadriga
Swiss firm makes 3.8x return with Austrian education provider
Kernel invests €1.25m in DisplayNote
Firm invested via ТЃ25m Bank of Ireland Kernel Capital Growth Fund
Piper invests £6m in Hickory's Smokehouse
Investment is fifth made through Piper's ТЃ107m fifth fund
Great Hill invests £80m in Momondo buyout
Management will retain minority stake in business
German turnaround deals remain elusive
Investors divided on prospects for turnaround deals in Germany
HTGF invests in ImmerSight
Seed round understood to total at least €500,000
Krokus floats Polwax
IPO exit comes two years after Polwax was bought in MBO
Naxicap invests in Eleven Paris
Firm reportedly acquired a minority stake for €20m
Advent sells Median Kliniken to Waterland
Deal values Median Kliniken at around €1bn, including debt
HTGF et al. plug into Chargepartner
Round also includes Seedfonds BW and technology centre InnoWerft
Geberit lining up bid for EQT's Sanitec
EQT listed the asset in 2013 but still holds 20% stake
Accent Equity buys Textilia
Deal expected to close in Q4
Rutland to reap up to 2.8x on CeDo sale
Investment set to generate gross IRR of 25%
Paua Ventures et al. invest in Termine24
Series-B round follows series-A funding in July
IK buys Evac from Oaktree
Deal values business in тЌ100-250m range, with 50% debt ratio
HTGF and Media Ventures fund Fooboo
Start-up aims to add services to the kochrezepte.de recipe platform
KKR backs IT business arago
GP takes minority stake in Frankfurt-based company
Creandum leads $1m round for Instabridge
Stockholm start-up yet to generate revenue
General Catalyst leads $9m series-A in Brainly
Company will use funding to expand in the US market
b-to-v invests in eperi
VC firm committed €500,000, with option to re-up next year