Deals
Rutland picks up Equistone's AFI-Uplift
Equistone Partners Europe has offloaded AFI-Uplift to Rutland Partners in a deal that combines three companies for a total enterprise value of around ТЃ85m.
Serena Capital leads £10m round for WorldStores
Serena Capital and existing backers Balderton Capital and Advent Venture Partners have jointly invested ТЃ10m in a series-C funding round for UK-based online retailer WorldStores.
HgCapital sells ATC to Intertrust for €303m
HgCapital has sold Dutch fiduciary services firm ATC to corporate services business Intertrust for €303m, reaping a 2.2x money multiple.
Prime Ventures backs AppLift with €10m investment
Prime Ventures has invested €10m in a series-A funding round for a Berlin-based marketing platform for mobile games, AppLift GmbH.
GCP-backed Iglu.com acquires Planet Cruise
Growth Capital Partners (GCP) has backed the acquisition of Planet Cruise by its portfolio company Iglu.com.
Sun European Partners in £23m Dreams debt pay-off
Sun European Partners is understood to have repaid ТЃ23m to creditors of Dreams, the UK-based bed retailer it acquired in a pre-pack deal in March.
EQT's Springer Science to announce IPO plans
Springer Science, a German publishing business owned by EQT, could announce plans for an IPO within the next two weeks, according to reports.
JC Flowers sells half of CCM to Encore
JC Flowers has sold a 50.1% stake in Cabot Credit Management (CCM) to Encore Capital Group for ТЃ128m, just two weeks after acquiring the UK-based consumer debt manager from AnaCap Financial Partners.
CVC plans Matas listing
CVC Capital Partners is understood to be planning an IPO for Danish beauty retailer Matas on the Copenhagen stock exchange.
Bain and Axa PE duel for Maisons du Monde
Bain Capital and Axa Private Equity are the two remaining bidders for French furniture stores chain Maisons du Monde, according to reports.
Spark and Accel invest $3.5m in Qriously
Spark Capital has led a $3.5m series-A funding round for London-based Qriously, alongside existing investor Accel Partners.
Warburg Pincus and General Atlantic acquire 50% of SAM
Warburg Pincus and General Atlantic have taken a 50% stake in Santander Asset Management for €700m.
Zurmont Madison et al. take majority stake in Schaetti
Zurmont Madison and co-investors have acquired a majority stake in Swiss technology company Schaetti Holding AG.
UK consumer sector exits at record levels
The number of UK consumer goods assets divested by private equity firms is at its highest level in 10 years despite the continued desolation suffered by the consumer market.
VC-backed Just-Eat hints at future IPO
Online food delivery service Just-Eat, which is backed by a number of venture capital firms, has confirmed its plans to list on the stock market in the future.
EdRip takes minority stake in MCI
Edmond de Rothschild Investment Partners (EdRip) has taken part in a capital increase for Swiss events organisation business MCI.
Redpoint leads $7m round for Moogsoft
Redpoint Ventures has led a $7m series-A funding round for London-based service management software company Moogsoft.
EQT's internetstores acquires Addnature for SEK 230m
EQT-backed internetstores GmbH, an online bicycles and outdoor equipment retailer, has agreed to acquire Swedish online retailer Addnature AB for SEK 230m.
TCR exits Laboratoires Chemineau in trade sale
TCR Capital has sold French pharmaceutical company Laboratoires Chemineau to Groupe Anjac, generating a multiple in excess of 3x and an IRR of more than 20%.
BGF invests £6m in Petrotechnics
The Business Growth Fund (BGF) has backed Aberdeen-based Petrotechnics, a provider of software solutions for risk management in hazardous industries, with a ТЃ6m investment.
Axa PE takes 15% stake in Clip Industrie
Axa Private Equity has acquired a 15% stake in Clip Industrie, a French production management system software publisher and developer.
Elaia backs $1.5m series-A for Carnet de Mode
Elaia Partners has led a $1.5m series-A funding round for Paris-based online fashion boutique Carnet de Mode, alongside a number of French angel investors.
Beringea exits Fjord
Beringea has sold service design consultancy Fjord to management technology outsourcing and consulting service provider Accenture Interactive.
Graphite sells Dominion Gas to Praxair
Graphite Capital has sold Aberdeen-based oil field services company Dominion Gas to NYSE-listed Praxair.