Deals
VC-backed King files for $500m IPO
King Digital Entertainment, the venture-backed UK games developer behind Candy Crush Saga, has filed with the US Securities and Exchange Commission (SEC) for a $500m IPO on the NYSE.
BlackFin acquires GP3 and Decalog
BlackFin Capital Partners has acquired GP3 and Decalog, two software solutions divisions for the asset management and asset servicing industry, from SunGard.
Rosetta leads CHF 60m round for Novimmune
Life sciences-focused Rosetta Capital has led a CHF 60m ($66m) series-B funding round for Swiss biotech Novimmune.
HBM leads €41m round for AAA
HBM Healthcare Investments has led a €41m funding round for Advanced Accelerator Applications (AAA), a French biopharma company specialising in molecular nuclear medicine.
Wheb exits AMCS
Wheb Partners has sold its stake in Advanced Manufacturing Control Systems (AMCS), an Irish provider of technology solutions to the waste and recycling sector.
TPG’s Lenta to raise up to $1bn in IPO
Russian hypermarket chain Lenta, backed by TPG Capital and VTB Capital Private Equity, plans on raising up to $1bn in its IPO on the London Stock Exchange and Moscow Exchange.
Silverfleet invests in Phase One
Silverfleet Capital has acquired a majority stake in Phase One, a Danish company specialising in digital camera systems and image processing software.
Wheb makes first investment from new fund
Wheb Partners has completed its maiden investment from Green Growth Fund 2, taking a significant stake in UBC.
HCPE et al. invest €13m in Outfittery
Highland Capital Partners Europe (HCPE) has led a €13m funding round for Outfittery, a German provider of consultation services for men’s fashion, with participation from a consortium of existing venture capital backers.
Gresham sells LAS Claims Management for £35m
Gresham Private Equity has sold LAS Claims Management to LSE-listed The Innovation Group in a £35m deal.
Doughty’s TMF takes full control of Custom House
Doughty Hanson-backed TMF Group has acquired a further 49% holding in Custom House Global Fund Services, securing full ownership of the business.
Large-cap segment boosts DACH deal totals
Buyout activity was buoyed by a handful of large-cap deals in 2013. But is there hope for a brighter future further down the value scale? Amy King reports
Industrifonden injects SEK 5m into Pastry Sweden
Industrifonden has invested SEK 5m in Malmö-based Pastry Sweden, an online cakes and pastries delivery service.
Riverside exits Vokes-Air Group
Riverside has divested Swedish air filtration company Vokes-Air Group to German trade buyer Mann+Hummel.
Hellman & Friedman’s GTT launches IPO
Hellman & Friedman-backed Gaz Transport & Technigaz (GTT), a French marine technology and engineering company, plans on raising up to €675m in an IPO on the Euronext Paris.
BGF invests £3.4m in Jumpstart
The Business Growth Fund (BGF) has injected £3.4m into tax consultancy business Jumpstart.
GTCR picks up Vitruvian’s Callcredit
US-based private equity firm GTCR has acquired Leeds-based Callcredit Information Group from Vitruvian Partners.
Omnes divests Melkonian in SBO
Omnes Capital has sold Melkonian Group, a French provider of mining equipment, to BPI France, Amundi Private Equity Funds and Sofipaca.
EQT’s Scandic in bolt-on
Nordic hotel chain Scandic Hotels, backed by EQT, has agreed to acquire 72 Rica Hotels to add to its existing portfolio.
Accel-backed GetJar sold in trade sale
Accel Partners-backed GetJar, a Lithuanian app recommendation business, has been sold to Chinese mobile company Sungy Mobile for $5.3m in cash.
LDC backs Imagine Nation
LDC has backed Netherlands-based media content company Imagine Nation.
CEE: Activity picks up despite ongoing fundraising woes
An uptick in dealflow in the second half of last year has left local players hopeful for a more sustained recovery. Greg Gille reports
Sigma leads $2.6m round for Codeship
Sigma Prime Ventures has led a $2.6m funding round for Codeship, an Austrian provider of continuous integration and deployment as software-as-a-service (SaaS).
Ackra Invest acquires COS Systems
Ackra Invest has invested in COS Systems, an Umeå-based information and communications technology company.