Deals
JZ Capital backs Winn Group and Fidor Bank
London-listed private equity fund JZ Capital Partners (JZCP) has expanded its European portfolio with investments in the UK and Germany.
Bridgepoint buys AHT Cooling in €585m SBO
Bridgepoint has acquired AHT Cooling Systems, an Austrian manufacturer of refrigerators, from Quadriga Capital and Partners Group for €585m.
KeyLemon raises $1.5m
Switzerland-based face recognition technology company KeyLemon has raised $1.5m in a series-A funding round from Debiopharm Investments and Swisscom Ventures.
MML backs Tournus Equipement SBO
MML Capital Partners has acquired a stake in Tournus Equipement, a French manufacturer and distributor of stainless steel equipment for professional kitchens, from Qualium Investissement as part of a secondary management buyout.
Mandarin Capital sells IMA
Sino-Italian investor Mandarin Capital Partners has sold its stake in Bologna-based pharmaceutical machinery business IMA Group.
SEP increases stake in Anesco
Scottish Equity Partners (SEP) and Hermes have acquired Zouk Capitalтs stake in Anesco, a UK energy efficiency solutions company.
Idinvest et al. in $20m round for Vestiaire Collective
Idinvest has joined existing investors Balderton Capital and Ventech in a $20m series-C round for French start-up Vestiaire Collective, led by publishing group Condé Nast.
Intel et al. invest $12m in Eruditor Group
Intel Capital, Runa Capital and Frontier Ventures have injected $12m into Eruditor Group, a Russian provider of online marketplaces for freelancers.
PPM Oost invests in Informaat
PPM Oost and The Informal Investors Network (or TIIN Capital) have invested in Informaat, a Dutch business providing a customer experience platform (CXP) product for insurers.
Target Ventures backs Babadu
Russian venture capital firm Target Ventures has invested “several million dollars” in Babadu, a Russian e-commerce platform for children’s products.
PPM Oost invests in SolabCool
Dutch VC PPM Oost has backed SolabCool, a Dutch manufacturer of air conditioners.
Maven Capital backs Fletcher Shipping
Maven Capital Partners has invested a further ТЃ5.5m in its portfolio company Fletcher Shipping, an Aberdeen-based shipping company.
Exit activity remains low despite headline deals
Although divestments have featured prominently in the news recently, figures seem to tell a different story. Alice Murray takes a look at this year's exit landscape
Rocket Internet founders back 3 businesses with new fund
Rocket Internet's founders Oliver and Marc Samwer are understood to have invested a total of $5m in online start-ups Lingoda, GirlMeetsDress and Videdressing.com via their new €150m Global Founders Capital (GFC) fund.
German VC BMP reaps 268% IRR on MBR exit
IBB Beteiligungsgesellschaft and BMP Media Investors have sold a joint 79.1% stake in portfolio company MBR Targeting to Ströer Digital, with BMP reaping a 268% IRR in slightly more than a year.
BGF invests £2.8m in Arran Aromatics
The Business Growth Fund (BGF) has invested ТЃ2.8m and taken a minority stake in Arran Aromatics, a Scottish luxury toiletries company.
PE backers looking to divest Burton's Biscuits
Burtonтs Biscuit Company, owned by Apollo Global Management and Duke Street, is up for sale with a price tag of ТЃ350m, according to reports.
SAEV backs InflowControl
Saudi Aramco Energy Ventures (SAEV) has backed InflowControl, a Norway-based provider of inflow control device (ICD) technology designed to increase the recovery and production from oil and gas fields.
ThingLink raises $2m in Inventure-led second funding round
Helsinki-based image interaction company ThingLink has raised $2m in a funding round led by existing backer Inventure.
Sofinnova leads CHF 32m round for ObsEva
Sofinnova Partners has led a CHF 32m series-A round for Swiss biopharma company ObsEva.
Large VC rounds: France outpaces neighbours
France was home to six of the 20 largest venture investments completed so far this year in Europe, with Germany following closely behind.
HTGF invests in CCI
High-Tech Gründerfonds (HTGF) has backed Custom Cells Itzehoe (CCI), a manufacturer of individual energy storage systems.
PE-backed Amen sold to Tape.tv
Index Ventures, Slow Ventures and Sunstone Capital have sold Amen Internet, the company behind online chat app Amen, to Tape.tv in a trade sale.
Sunstone Capital exits Zymenex to Chiesi Group
Sunstone Capital has agreed to sell Danish biopharmaceutical group Zymenex to Italian pharmaceutical company Chiesi Group.