DACH
PAI-backed Stella Group buys BPE's DuoTherm Rolladen
Exit ends BPE's three-and-a-half-year holding period; the add-on is Stella's second under PAI
Chequers, Paragon to acquire Silverfleet's 7days
Sale process for the medical workwear company saw interest from FSN and Gilde, Mergermarket reported
EMZ Partners acquires Assepro
Buyout of the Switzerland-based insurance broker is EMZ's third DACH region deal of 2020
SR One set to deploy $500m fund following GSK spin-out
CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities
Waterland's Athera makes three bolt-ons
Germany-based physiotherapy group has made 11 add-ons since Waterland's investment in 2019
Andreessen Horowitz raises $4.5bn across two funds
VC raises $1.3bn for its seventh early-stage fund and $3.2bn for its second growth fund
VCs in $125m round for Atai Life Sciences
Mental health treatment compound developer is backed by investors including
HIG Europe Capital Partners III closes on €1.1bn
Fund invests in buyouts, recapitalisations and corporate carve-outs of European businesses
VR Equitypartner's Kälte Eckert buys SOS Kältetechnik
Refrigeration systems business has made three add-ons since VR Equitypartner's investment in 2017
Bregal Milestone to wholly acquire Greenstorm
Bregal has owned a minority stake in the Austria-based e-bike company since December 2018
Warburg Pincus invests in McMakler
Investor base of the online real estate agent and broker includes Balderton and GR Capital
Invision buys majority stake in VR Equitypartner's N3K
VR Equitypartner acquired a minority stake in N3K in 2016 and reinvests in the structure
Elevat3 Capital leads funding round for Neodigital
Germany-based digital insurance company is also backed by existing investors Coparion and Alstin
VCs in €100m round for SellerX
Cherry Ventures, Felix Capital and Triple Point Capital have backed the seed round
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor
Multiples Heatmap: average entry multiple hits 10.5x as dealflow recovers
The UK and Ireland was the hottest region for multiples in Q3, also seeing the largest increase in valuations of any region
Equistone sells Eschenbach to trade
UK-based Inspecs Group is to pay €94.85m for the eyewear business, according to a statement
Viking, General Atlantic lead $80m round for Pharvaris
Foresite, Bain Life Sciences, VenBio Partners and Venroc also back the biotechnology company
Hg acquires Septeo Group
Deal sees Hg investing via Genesis 9 and reportedly values the legal tech business at more than €1bn
Covid-19, oversubscribed funds fuel interest in early secondaries
Early secondaries are tipped to become more plentiful in the coming months, but market observers urge caution to mitigate potential pitfalls
VCs in $20m series-C extension for Tourlane
Tourism booking platform is backed by investors including Sequoia Capital and Spark Capital
M Ventures, Imec Xpand lead $20m round for Ferroelectric Memory
SK Hynix, Robert Bosch Venture Capital, TEL Venture Capital and eCapital also backed the round
Inven Capital leads $50m round for Forto
Also participating in the round for the freight software platform were VCs including Iris Capital
Quadriga’s Scio bolts on MFI
Industrial automation group Scio has made a series of four add-ons in 2020