Deals
Cinven buys majority stake in Think-Cell
GP said in a statement that it sees potential to internationalise the PowerPoint chart software
EQT Growth leads $350m series-D for pet insurer Bought By Many
Latest round values the company at over $2bn, as it hopes to further penetrate the US market
Silver Lake invests in KKR-backed Exact
KKR acquired the Netherlands-based accounting and ERP software company in 2019 from Apax Partners
Target Global leads $650m round for Wefox
Round is the largest ever raised in the European insurtech sector, according to Unquote Data
Advent buys Planet stake from Eurazeo in €1.8bn deal
Eurazeo will reinvest in the business and co-control the company with Advent
CVC buys BIP from Apax
GP invests in the company via CVC Capital Partners Fund VIII, which closed on €21.3bn in July 2020
Caledonia exits DSE to trade in £242m deal
GP’s exit comes just three years after it acquired DSE in a deal valuing the company at £162m
Oakley backs ICP Education buyout
Oakley will deploy via Oakley Capital Fund IV, which held a final close on €1.46bn in 2019
Sanne board rejects fourth Cinven offer
Latest proposal offers 850 pence per share, a small uptick on the 830 pence offered earlier
PE-backed Accedo in acquisition talks ahead of sponsor exit – Mergermarket
SEB may mandate financial advisers for an IPO or a trade sale within the next two years
LBO France buys majority stake in Polis Fondi
GP generally invests in Italy via its small-cap strategy, targeting deals valued at less than €100m
Sun European to sell mattress retailer Dreams for $475m
Exit comes eight years after the GP acquired the company from its administrators at an estimated price of £35m
Meridia increases stake in Vetsum
GP backs the company via Meridia Private Equity I, a €105m fund closed in 2017
Palamon takes over Carlyle's IDH stake
Carlyle acquired IDH in 2011; the firm merged with Palamon's ADP and Palamon rolled over its stake
PE-backed Komplett to launch IPO
Company is planning to list on the Oslo Stock Exchange, where it had previously been listed prior to its de-listing in 2011
Progressio buys ATK Sports
This is the eighth deal made by the GP via its Progressio Investimenti III fund, which closed on €250m in 2019
Auctus acquires majority stake in Elplan
GP plans to implement a buy-and-build strategy in the DACH technical building planning sector
One Peak leads $125m series-B round for Paysend
Fintech company will use the proceeds to expand internationally and speed up product innovation
Verdane invests in Finnish grocery company Fiksuruoka
GP is part of €19m funding round for the company, in which existing investors of Fiksuruoka also took part
Genui invests in Labor Team W
MBI deal sees Genui take a majority stake in the diagnostics lab, investing alongside its management
Nordic Capital sells 9.2% stake in listed firm Nordnet
Nordic Capital no longer owns any shares in Nordnet, while Öhman Group remains the largest shareholder, with a 22% stake
Hannover Finanz sells Corporate Planning to ICG's ProAlpha
GP bought a majority stake in the corporate planning software developer in 2017 in a succession solution deal
Apposite Capital acquires 1Med
GP has secured financing for a buy-and-build strategy for the contract research organisation firm
Equip Capital buys Norwegian e-scooter firm Ryde
GP reportedly bought a 60% stake by acquiring existing and newly issued shares in the company