Deals
Downing invests £3.8m in Goonhilly
Satellite communications firm will receive new space-science centre
Greycroft leads $10m round for Azimo
Azimo money transfer services "85% cheaper" than high street banks
Octopus leads $7.5m series-A round for Adbrain
Existing backer Notion Capital also participates
Halder exits Gealan for second time
Second exit occurs 10 years after original divestment
IDG Ventures et al. inject $6m into Next Games
IDG Ventures and a group of co-investors have injected $6m into Next Games, a Finnish games company.
Emeram buys Hussel from Douglas Holding
Vendor to concentrate on perfume chain
HTGF and Bayern Kapital back MicroDimensions
Technical University of Munich spinout to accelerate product development
MML’s Optionis bolts on Wheatley Pearce
Accountancy practice to become part of ClearSky brand
Ratos refinances HL Display
GP receives SEK 345m dividend
Accel Partners injects $40m into WorldRemit
Money transfer business plans to expand geographically
Warburg to reap 4.5x in Poundland IPO
Warburg Pincus is set to reap a 4.5x money multiple and an IRR of more than 50% in the flotation of portfolio company Poundland, which has been valued at £750m after setting its price range for its admission to the London Stock Exchange.
H2 Equity acquires Vion’s Oerlemans Foods
Transaction expected to be completed in Q2 2014
RCapital acquires Shopacheck
Credit business will be merged with RCapital’s MCL
Palatine-backed Chase Templeton shapes up with Health Assist
Portfolio company completes 13th bolt-on in as many months
Magnum Capital buys Geriátricos del Principado
Deal leverages the GP's experience in the retirement home sector
France struggles to play down SBO typecast
Early signs however hint at primary revival in 2014
Smedvig leads £5m investment in Quill
Existing investor & Toptable founder Karen Hanton also joins the round
Vodafone makes revised Ono offer
Vodafone is understood to have made a revised offer to buy private equity-backed Spanish broadband operator Grupo Ono.
VC-backed Aérophile raises €4m
Isatis and Entrepreneur Venture contributed equal amounts to the round
Linkfluence raises further €3m from French VCs
Latest investment completes earlier €3.5m funding round
ECI backs £57m Avantia buyout
Home insurer trades under the HomeProtect brand
Atomico et al. invest £3.4m in Quipper
Japanese firms Globis and Benesse also back the round
Mid-market players fear UK IPO disaster
Is the market approaching a bust?
Dunedin-backed Hawksford buys Janus
Hawksford completes fifth acquisition since Dunedin MBO in 2008