Deals
Epidemic Sound raises $450m from EQT, Blackstone
Deal values the Swedish royalty-free music platform at $1.4bn
Inflexion buys minority stake in CMSPI
GP invests in the company via its minority-dedicated Inflexion Partnership Capital II fund
CVC eyeing AR Packaging sale - report
GP has reportedly engaged an adviser to solicit interest and has collected non-binding bids
CVC buys Cooper from Charterhouse for €2.2bn
CVC invests via fund VII, while Charterhouse will reinvest in the OTC pharmaceuticals business
Procuritas buys Polarn O Pyret
Investment company Jotunfjell Partners and the management team will own a minority stake in Polarn O. Pyret.
ICG acquires Lucid Group from LDC
Sale ends a four-year holding period for LDC, which invested ТЃ11m in the company in exchange for a minority stake
NVM in £10m MBO for Trust Systems
Company founders Tom Stone and Mike Dowson will remain significant shareholders in the business
Ratos buys majority stake in Vestia Construction Group
GP will own 63% of the company, alongside the management and other key individuals who own the remainder
CVC injects £365m into Six Nations rugby tournament
Long-awaited deal finally crosses the try line, with initial approaches starting two years ago
Owl Ventures, Full in Partners lead $35m round for Preply
Round includes participation from Point Nine Capital, Hoxton Ventures, EduCapital, Diligent Capital, Evli Growth Partners and All Iron Ventures
Claris Ventures leads £15.2m series-B for NeoPhore
2Invest, 3B Future Health Fund, Astellas Venture Management and CRT Pioneer Fund also take part in the round
Consilium buys Music Center
Consilium intends to consolidate the company's market position and boost its expansion via strategic acquisitions
Ion, GIC launch €1.86bn takeover for Cerved
Cerved will be de-listed from the Italian stock exchange if the offer is successful
Ardian takes minority stake in Kapten & Son
Ardian Growth strikes first deal in Germany with investment in fashion and accessories retailer
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
NVM in £18m MBO for Pareto
Deal is the seventh from NVM's Private Equity Vintage III Fund, which was raised in 2018
Triton invests in NPM Capital's Bergman Clinics
Investment is being made in partnership with NPM Capital and the Malenstein family
Bridgepoint Development Capital backs IDHL
GP is investing via Bridgepoint Development Capital IV (BDC IV), which closed on ТЃ1.5bn in September 2020
CapMan to acquire Pharmia
Deal is the second investment from CapMan Buyout XI fund, which held a first close in June 2019 on тЌ160m and has a target of тЌ250m
Kerogen sells Zennor Petroleum to trade
Kerogen Capital acquired a majority stake in Zennor in 2015, investing alongside Unigestion
FPE Capital backs Codestone
This is the ninth investment made by FPE Fund II, which held a ТЃ100m final close in October 2017
Equistone sells Oikos to Goldman Sachs
Equistone acquired the prefabricated housing company in an SBO from Adcuram in 2018
Nordic Capital partly acquires Boost.ai
Shareholders Finstart Nordic and Alliance Venture will continue as investors alongside Nordic Capital
DCVC Bio leads $17m series-A round for BioPhero
Startup will use the funding to start production of its first product and make it available worldwide