Benelux
IK to acquire Acture Groep
IK will buy a majority stake, investing via its €550m IK Small Cap II fund, which closed in Q1 2018
SET Ventures Raises Fund closes third fund on €100m
Dutch VC closes the fund, launched in Q1 2019 and focusing on energy transition
Corporate divestments fuel European buyouts
Carve-outs and spin-outs represented around 14% of all buyouts in 2019, up from 11.5% in 2018 and 10% in 2017, according to Unquote Data
IK exits CID Lines to trade
Livestock hygiene specialist was reportedly expected to fetch a price tag of more than €300m
GHO Capital buys Ardena from Mentha
Mentha created Ardena by merging three portfolio companies in 2017 and conducting bolt-ons
Bencis to back EMC Group SBO
Holland Capital will end its 10-year ownership in the Dutch medical staffing specialist
Consortium in €36m series-B for NorthSea Therapeutics
US-based VCs VenBio and Sofinnova Investments back the business for the first time
Unquote Private Equity Podcast: Craving carve-outs
Listen to the latest episode of the Unquote Private Equity Podcast, where the team discusses corporate carve-outs
SmartFin closes sophomore fund on €240m
Belgian early-stage and growth fund will provide €500,000-12m equity tickets
Slingshot, Shoe back Swishfund
Fresh capital will help Swishfund to develop its software and expand its client base
Volta collects €35m for Volta Ventures II
New vehicle will provide funding to Benelux-based software and internet startups
The Carlyle Group backs Dept SBO
Waterland sells its majority stake in the Dutch digital marketing and advertisement agency
A decade to remember
The Unquote team wishes you a restful holiday break, and will be back for our regular news coverage on 3 January
Bregal Milestone inks first Dutch deal with Anywhere365
UK-based growth GP invests €40m in Anywhere365 via its maiden fund, which closed in 2018
Integra holds third close on €110m for maiden fund
Fund hit its €100m target and the subscription period was extended to mid-2020
Slingshot Ventures aims to raise up to €100m in 2020
VC will consider breaking with tradition with a separate institutional fund of up to €40m
Mentha buys and merges Paradigma and BlijWerkt
Gilde Healthcare was invested in HR specialist BlijWerkt since 2011
Vectis sells WinBooks to trade
Founded in 1989, Exact launched its cloud-based accounting product Exact Online in 2006
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
Luxembourg's IFMs keep up with tech
Luxembourg and its myriad local administrators are working hard to adapt to the technology-driven shake-up of the fund admin space
3i nets £102m from Audley Travel, Hans Anders dividends
3i receives proceeds of ТЃ67m from Audley Travel, while Hans Anders generates a тЌ42m windfall
Kempen European PE fund closes on €192.5m
Fund was exclusively available to clients of private bank Van Lanschot and asset manager Kempen
BNP Paribas Fortis PE backs JAC
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Main Capital collects €535m for sixth software buyout fund
Buyout fund should hit its €564m hard-cap in January 2020, Unquote understands