Deals
EmCap buys stake in Moretti
Newly launched investor EmCap has acquired a minority stake in Italian luxury shoemaker Alberto Moretti, marking the GP’s maiden investment.
Kima launches new start-up initiative
Kima Ventures has launched its new Kima15 initiative, which aims to invest in more than 50 start-ups over the next 12 months.
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.
NoorderHuys exits Paylogic
NoorderHuys Participaties has sold Netherlands-based ticketing company Paylogic to trade player SFX Entertainment, in a deal valuing the company at $22m.
Cipio et al. in $7m series-B for wywy
Multi-screen technology company wywy has raised $7m in a series-B financing round from previous investors, including Cipio Partners.
Cinven's Amco in bolt-on
Cinven portfolio company Amdipharm Mercury (Amco) has acquired Abcur, a Swedish pharmaceutical business.
Graphite purchases Sovereign’s City & County
Graphite Capital has acquired home care provider City & County Healthcare Group from Sovereign Capital.
German Unicredit unit divests part of PE portfolio
The German subsidiary of Unicredit has sold part of its private equity portfolio to newly founded SwanCap Investment Management.
TDR reaps £145.2m on Phoenix share sale
TDR Capital has sold 22 million shares of listed insurance consolidator Phoenix Group Holdings, raising £145.2m through the partial exit.
TCR acquires GEC in MBI
TCR Capital has acquired Générale d’Etanchéité et de Couverture Ile-de-France (GEC) in a management buy-in, bringing in Jean-Christophe Blot to succeed the company’s current president.
Palatine-backed MoneyPlus buys Richardson Mail
Palatine Private Equity’s MoneyPlus Group has purchased Manchester-based Richardson Mail.
IBB invests in Paper & Tea
IBB Beteiligungsgesellschaft has backed tea retailer Paper & Tea in a seven-digit seed financing round.
Carlyle’s Applus one step closer to IPO
Spanish industrial testing company Applus, backed by Carlyle and Investindustrial, is understood to have appointed Morgan Stanley and UBS to run its IPO.
Insight leads $42m round for Datasift
Insight Venture Partners has led a $42m series-C funding round for Datasift, a UK- and US-based social data platform provider, alongside several existing investors.
Direct secondaries: breathing new life
An industry-wide impetus is needed to resuscitate an ailing sector. Kimberly Romaine reports
BGF invests £5m in Exchange Lab
The Business Growth Fund has invested £5m in global digital media business The Exchange Lab.
Sketchfab raises $2m
Sketchfab, a French online publishing platform for 3D files, has raised $2m in a round led by Balderton Capital.
Sherpa Capital buys Bolfor
Sherpa Capital has acquired flexible packaging firm Bolfor with the intention to merge it with current portfolio company Polibol.
Notion and NEA back Move Guides
Notion Capital and New Enterprise Associates (NEA) have invested $1.8m in Move Guides, a London-based employee relocation platform provider, alongside several angel investors.
KKR's ATU in debt-for-equity swap
The creditors of KKR-backed car servicing chain Auto-Teile-Unger (ATU) have reduced the company's debt burden by €600m in exchange for equity.
Investindustrial sells 49.9% PortAventura stake to KKR
Investindustrial has sold a 49.9% stake in Spanish tourist resort PortAventura to KKR.
IBB backs Blinkist
IBB Beteiligungsgesellschaft (IBB) has backed text book summarising app Blinkist in a six-figure funding round.
iTech Capital invests $10m in Ticketland
Russian VC iTech Capital has injected $10m into Ticketland, a Moscow-based event ticketing group for eastern Europe.
Astorg to buy Kerneos from Materis for €600m
French GP Astorg Partners has entered exclusive negotiations to acquire chemicals company Kerneos from Wendel-owned Materis for €600m.