Deals
Miura sells Equipe Cerámicas to Mandarin's Italcer
Miura reinvests in the deal alongside Mandarin and retains a minority stake in the combined group
VCs in €200m round for Volocopter
New investors in the urban air mobility company include BlackRock and Avala Capital
Pinova sells Human Solutions, Avalution to Bridgepoint's Humanetics
Deal is a partial exit for Pinova; the GP will retain fashion design software platform Assist
Phoenix invests in Setfords Law; BGF exits
Phoenix will acquire a majority stake in the legal network; BGF invested ТЃ3.75m in Setfords in 2016
Equistone acquires Franke Water Systems
Carve-out comprises kitchen and bathroom fittings businesses Water Systems Commercial Group and KWC
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its ТЃ200m August Equity Partners III fund
Bowmark, LDC sell Node4 to Providence
IT business was expected to fetch a valuation in excess of ТЃ300m, based on a 15x multiple
OTPP, KKR to buy Caruna from First Sentier Investors, Omers
Following deal completion, KKR and Ontario Teachers' will each own 40% in the company, followed by AMF Pension with 12.5%, and Elo Mutual Pension Insurance Company with 7.5%.
Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
CBPE invests in Mindera
Software systems developer is the GP's first investment from its ТЃ561m CBPE X vehicle
Tikehau to become majority shareholder in Cruiseline
Following the deal, Montefiore retains a minority stake and a seat on the company's board
NorthEdge invests in Distology
GP is investing from its ТЃ120m SME Fund, which held a final close in July 2018
Inflexion invests in DR&P Group
GP is acquiring a majority stake in the insurance broker via Inflexion Enterprise Fund V
Tiger Global et al. in €178m round for Vestiaire Collective
Previous backers Eurazeo, BPI France and Vitruvian Partners also take part in the investment
Kartesia takes control of ADL Biopharma
Company's board of directors is reduced to three seats and Ignacio Urbelz is appointed as new CEO
Monterro buys e-health software provider Bliksund
Company is looking to expand in Sweden, Denmark and the UK first, but also further abroad
Virgin Wines floats in £110m IPO, Connection reaps 7.6x
Mobeus remains invested in the business, while Connection makes a full exit
Global PayTech Ventures invests €4m in Subaio
Deal is Global PayTech’s first investment and will help Subaio expand into new European markets
LDC backs WCCTV with £30m investment
Company plans to use the fresh capital to further accelerate its international expansion and launch new products
Ergon forms SPV for fire protection business SVT
GP's €270m fund will invest only in the fire protection company, which Ergon bought from IK in 2017
Norvestor acquires Finnish water management firm Envera
Norvestor partner Per-Ola Baalerud said in the press report that the GP aims to increase Enveraтs turnover five-fold within four to five years
LDC invests in Phoenix Datacom
As part of the transaction, Phoenix Datacom extends its banking facilities with Lloyds Bank
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
Inflexion secures majority stake in Pangaea Laboratories
Beauty product developer owns the Medik8 brand, which generated revenues of ТЃ18.9m in 2020