Southern Europe
Southern Europe leads renaissance of billion-euro club
Dealflow in the тЌ1bn+ buyout segment reached an eight-year high across Europe in the 12 months to Q2 2016
21 Investimenti sells Farnese to NB Renaissance
Wine-making business has increased its focus on exports and invested in new facilities
Spanish fundraising offers hope amid lacklustre dealflow
Spain’s private equity activity suffered from political uncertainty in H1 but nevertheless managed to attract its fair share of international dry powder
Glovo raises €5m series-A from Antai et al.
Backers include VC houses Caixa Capital Risc, Seaya, Bonsai, Entrée alongside private investors
Q2 Barometer: European buyout activity rebounds
European deal volume reached its highest total in six quarters, while aggregate value increased by 80% compared to Q1 levels
Talde and Espiga back medical equipment producer Deltalab
Existing backer Talde, alongside new investor Espiga, will aim to boost the company expansion
Caixa in €1.3m round for Nanusens
Backers include Spanish venture capital house Inveready and high-net-worth individuals
Caixa Capital Risc leads €1m round for Nautal
Backers include Spanish business angels and several high-net-worth individuals
Permira's Higèa buys Biomedicale for €8.6m
Deal marks the 13th acquisition in the biomedical sector for the PE-backed group
Apax buys Italian maritime communication provider Telemar
GP intends to merge the business with its portfolio company Marlink
Cinven's Ergo buys Old Mutual Wealth Italy for €278m
Deal follows the GP’s expansion plan for its portfolio company Ergo Italia
Star Capital acquires 70% stake in GLM
Deal marks the fourth transaction for the GP’s Star III fund
Sator acquires additional 35% stake in L'Autre Chose
Following the transaction, the GP will own an 84% stake in the Italian company
Meridia buys Sosa Ingredients in maiden PE deal
GP deploys between €15-25m of equity for the acquisition, which will be its typical ticket
Black Toro II holds €160m second close
Black Toro hoped to hold a €200m close at the start of 2016 when it launched the fund last year
Deal in Focus: Ardian buys Dedalus for market consolidation
An in-depth look at Ardian's most recent investment in the Italian healthcare technology sector
Idea Capital holds €188.5m third close
Food- and agribusiness-dedicated vehicle launched in January 2015 with a €200m target
Wooptix raises €3m round from Bullnet Capital et al.
Backers include venture capital houses Intel Capital and Caixa Capital Risc
Altamar VIII holds final close on €500m hard-cap
Spanish funds-of-funds manager also launches a secondaries-focused vehicle
Aksìa, Alcedo sell Gimi to German corporate Freudenberg
Italian GPs sell their stake in home care goods manufacturer Gimi after an eight-year holding period
Miura buys 25% stake in Spanish fruit exporter Martinavarro
GP invested alongside several minority investors while funding families retain a controlling stake
ArchiMed buys Italian biotech business Micromed
Deal marks the GP's second transaction in the Italian healthcare sector since inception
Caixa Capital Risc leads $1m round for Codigames
Backers include Spanish venture capital firm Faraday Venture Partners, alongside existing investors
Three Hills holds €200m final close for second fund
Fund is managed by Three Hills in partnership with Swiss investment firm Decalia