Southern Europe
Sunstone et al. raise $6m series-A for Sourced
Backers include venture capital houses Otium Venture and Kima Ventures
Assietta launches €60m fourth fund
Vehicle has a six-year lifespan and aims to raise up to €70m
Trident leads $14m series-A for 4iQ
Backers include Spanish venture capital firms Adara Ventures and Telefónica Open Future
P101 leads €3.8m round for Tannico
Italian GP led a previous €1m funding round in May 2015
Nazca holds first close on €250m for fourth fund
GP has held a first close on the fund’s target and expects a final close on the €275m hard-cap
Kibo Ventures holds first close on €71m for second fund
Fund II has a €100m target and will lead series-A and -B rounds for Spanish digital startups
Ardian's RGI buys French competitor Kapia
Ardian's portfolio company financed the transaction with capital from its balance sheet
Alcedo buys 47% of Stranich from Assietta for €10m
Italian GP has acquired a 49% stake in the target company from Assietta Private Equity
N+1 rebrands as Alantra
Spanish advisory and asset management firm merges its brands and renames company Alantra
Mangrove leads €2m round for Red Points
GP has invested alongside the company's exisiting minority shareholder Bstartup
P101, 360 lead €1m round for Milkman
Backers include Italian VC firms P101 and 360 Capital Partners, and angel investor Mike Brennen
Allianz Ventures leads series-B round for MoneyFarm
Allianz will secure a minority stake, and a representative will join the management board
Capvis buys majority stake in Gotha
Deal marks the third investment in northern Italy for the Baar-based GP
Kereon leads €500,000 round for Didáctica
Backers include investment holding Interalios and several private investors
Syntegra and Index exit Moleskine
Delisting after three years values the equity of Moleskine at €506m
Alcedo buys 55% of Italy's Nahrin Swiss Care
Deal marks the second acquisition from the GP’s 2015-vintage Alcedo IV fund
Sabadell VC leads €1m round for Captio
Backers include Venturcap, Bankinter, Telegraph Hill Capital and Kibo Ventures
Inveready leads €3.5m round for Leukos Biotech
GP has drawn down capital from its Inveready Innvierte Biotech II vehicle
Caixa, Kibo sell Trip4real to Airbnb
Venture capital firms sell their stake in the business after two-year holding period
Alpha acquires majority stake in Mios Elettronica
As part of the deal, existing shareholders will retain a minority stake in the business
European entry multiples rebound in Q2
Following a dip in Q1, multiples for European PE-backed buyouts have returned to 2015 levels
ProA buys 30% stake in Grupo Vips
GP will provide €12.5m of additional capital as part of a capital increase
Kibo et al. in €550,000 round for Tappx
Kibo Ventures and b-ventures join in early-stage round for Spanish startup
Investindustrial's B&B acquires 70% stake in Arclinea
Acquisition marks the first step in the GP’s expansion plan for its portfolio company