Deals
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
GPтs exit comes just three years after it acquired DSE in a deal valuing the company at ТЃ162m
Oakley backs ICP Education buyout
Oakley will deploy via Oakley Capital Fund IV, which held a final close on тЌ1.46bn 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 ТЃ35m
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 тЌ19m 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 Уhman 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
PM & Partners buys Cosmelux
Private equity firm Capital Dynamics participated in the transaction alongside PM & Partners