Deals
SEP leads £2.4m round for Sumerian
Scottish Equity Partners (SEP) has led a £2.4m funding round for Sumerian, an Edinburgh-based IT analytics company, alongside the Scottish Investment Bank (SIB).
Verdane et al. exit Compricer.se to Schibsted
Verdane Capital, founder Jacob Tolleryd and private investors have sold Swedish price comparison website Compricer.se to Schibsted Media Group.
3i invests €77m in GIF
3i has invested €77m in the management buyout of Gesellschaft für Industrieforschung (GIF), a transmission testing specialist, alongside the firm’s CEO.
Apollo buys Evo Banco for €60m
Buyout firm Apollo Global Management has wholly acquired Spanish retail bank Evo Banco from NCG Banco for €60m.
Midven invests in Eagle
Midven has injected £590,000 into Eagle Genomics, a provider of outsourced bio-informatics software for the life sciences sector, alongside a number of individual angel investors and syndicates.
Carlyle acquires BTI from Valedo Partners
The Carlyle Group has acquired Swedish subtitling company Broadcast Text International (BTI) from Valedo Partners.
LDC sells Matrix Energy to ECE
LDC has agreed to sell Matrix Energy Services, a UK-based energy management and efficiency services provider for commercial buildings, to E.ON Connecting Energies (ECE), a new subsidiary of E.ON.
BGF backs Inoapps with £10m
The Business Growth Fund (BGF) has invested £10m in Aberdeen-based Inoapps, an Oracle application reseller and IT consultancy business, in return for a minority stake.
PE-backed Foodpanda receives $8m for Middle East expansion
Foodpanda, backed by Rocket Internet, Investment AB Kinnevik and Phenomen Ventures, has received $8m from iMena.
PE-backed Galantos Pharma sells Alzheimer's drug
Galantos Pharma, a pharmaceutical company backed by High-Tech Gründerfonds (HTGF) and KfW, has sold its Alzheimer's drug Memogain to Neurodyn.
Impax to acquire two Finnish wind power projects
Impax Asset Management has agreed to acquire the Kuolavaara-Keulakkopää and Joukhaisselkä pre-construction-stage wind power projects from Fortum and Metsähallitus.
Target Partners reinvests in Tado
Target Partners and Shortcut Ventures have invested €2m in heating app Tado.
Caixa Capital Risc commits €2m to Forest Chemical
Caixa Capital Risc has made a €2m commitment to Alicante-based industrial adhesives firm Forest Chemical Group.
Point Nine Capital and RTAventures back Typeform
Point Nine Capital (PNC) and RTAventures (RTA) have provided €550,000 of seed funding to Typeform, a Spanish software-as-a-service (SaaS) platform.
European start-ups halted by series-A chasm
Series-A chasm
Siparex et al. back Nadia MBO
Siparex, Arkea Capital Investissement and Unexo have acquired a minority stake in French industrial company Nadia Group as part of a management buyout.
Blackstone and GIC to acquire Rothesay stakes
Blackstone and Singaporean sovereign wealth fund GIC are set to each buy a 30% stake in UK-based insurer Rothesay Life from Goldman Sachs, according to reports.
Summit Partners to sell Actix for $120m
Summit Partners has agreed to sell London-based mobile optimisation software provider Actix to customer experience systems company Amdocs for close to $120m.
MMC Ventures backs Boticca series-A
MMC Ventures has taken part in a £2.5m series-A funding round for Boticca, a London based e-commerce site for luxury fashion accessories, alongside a number of high-net-worth individuals.
Hannoverimpuls invests in CouchCommerce
Hannoverimpuls has backed CouchCommerce, a software-as-a-service (Saas) platform that converts online shops into apps, alongside angels network Venturepreneurs.
Earlybird et al. back Jumpstarter with $1.7m
Earlybird Venture Capital, Paua Ventures and Martin Sinner have provided $1.7m in funding for Jumpstarter, a Stockholm-based productivity tool for developers.
KKR and Permira sell further shares in ProSiebenSat.1
KKR and Permira have sold another stake in German broadcaster ProSiebenSat.1, reducing their joint share to 33%.
TDR works out David Lloyd deal
TDR Capital has acquired the entire share capital of health, sport and leisure group David Lloyd Leisure (DLL).
Earlybird’s Nagel on Germany’s new stock market tier
Christian Nagel, partner and co-founder of Earlybird Venture Capital, speaks to Kim Richters about plans for the new stock market tier in Germany, proposed to aid financing prospects for start-ups