Deals
EQT-backed Recover bolts-on SWE Skadeteknikgruppen
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv sells Climate for Life to Parcom
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
VCs in €12m round for GreenCom Networks
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
Wise acquires Cantiere del Pardo
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019
Verdane, Canica acquire Porterbuddy
Investment reportedly gives the company a valuation of NOK 200m, up from NOK 120m a year ago
THI invests in Corndel
Corndel, an education provider, will focus on developing its training offering with the new investment
Omers leads $20m round for Ultimate.ai
New investor Felicis Ventures also backed the round for the customer service automation software
Carlyle buys Officine Maccaferri
Maccaferri filed for the bankruptcy protection procedure known as "concordato preventivo con riserva" in May 2020
LDC acquires minority stake in Foundation SP
LDC has backed the company's existing management team, led by Simon Grosse as CEO
Investors in £60m round for Monzo at £1.24bn valuation
Monzo has been using the UK furlough scheme and subsequently making around 80 employees redundant
Triton acquires Inwerk
Acquisition of the office furniture producer is the 10th from Triton's Smaller Mid-Cap Fund
Balderton leads $15m series-A for Vivenu
Existing investor Redalpine also participates in the round for the online ticketing platform
PE-backed Sortera acquires Vaihtolava
Deal is Sortera's 13th acquisition since it was established in 2006
Alpina sells Modula to PE-backed Aptean
Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015
Sofinnova, Polaris lead CHF 54m series-A for Noema
Noema plans to use the fresh capital to fund the development of its clinical-stage pipeline
Earth Capital leads £3m round for Propelair
Around ТЃ500,000 of the capital was raised from 866 new investors in Seedrs' network
SHS sells Puracon to IK-backed Klingel
Deal marks Klingel's third add-on under IK ownership, as well as SHS's third exit of 2020
Ace Management leads €20m series-C for EclecticIQ
Company plans to use the fresh capital to scale up its teams and further expand internationally
Livingbridge sells Up Group to Omers-backed Alexander Mann
Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline
Raine Group leads $160m series-C round for Voi
New funding is reportedly three parts equity and one part debt, and brings Voi's total funding to $360m
All Iron, Alma Mundi, FJ in $21m series-B for Jeff
Company intends to use the fresh capital to further boost its expansion across Europe and the US
AEA aquires majority stake in Battery-backed PST
PST is a group of seven companies in Battery Ventures XI fund, which closed in 2016
Via Equity sells Profit Software to Volpi
Sale comes six years after the GP, alongside Tesi, acquired the company from CapMan
Cinven, BCI to acquire Compre from CBPE
This is Cinven VII's third acquisition following the purchase of LGC and Thyssenkrupp Elevator