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Southern Europe

Office supplies and stationery retailers
Alto Partners et al. buy 42% stake in R&D for €7m

Deal saw Italian accelerator Rancilio Cube participate in the funding round

  • Expansion
  • 13 October 2016
Glass bottles and containers
PE-backed Berlin Packaging buys Ardian’s Bruni Glass

Deal marks first deal in Europe for the business and the third since Oak Hill's acquisition

  • Exits
  • 12 October 2016
Fundraising in euros
Qualitas closes Europe-focused fund-of-funds on €61m

GP expects to fully invest the fund by the end of Q1 2017

  • Fund-of-funds
  • 11 October 2016
New hires and promotions
Simmons & Simmons hires two in Milan

Appointments follow the closure of the firm’s Rome office in 2015

  • People
  • 10 October 2016
Car engine parts and mechanics
Assietta buys 87% stake in MMB Costruzioni Meccaniche

Ape III is now 60% invested and aims to deploy its last acquisition by May 2017

  • Buyouts
  • 06 October 2016
Recruitment consultancy and job search services
Sunstone et al. raise $6m series-A for Sourced

Backers include venture capital houses Otium Venture and Kima Ventures

  • Early-stage
  • 06 October 2016
Fund close for Italian fund
Assietta launches €60m fourth fund

Vehicle has a six-year lifespan and aims to raise up to €70m

  • Buyout
  • 06 October 2016
Data protection and online security
Trident leads $14m series-A for 4iQ

Backers include Spanish venture capital firms Adara Ventures and Telefónica Open Future

  • Expansion
  • 05 October 2016
Vineyards and alcohol retailers
P101 leads €3.8m round for Tannico

Italian GP led a previous €1m funding round in May 2015

  • Expansion
  • 04 October 2016
Spanish fund closes and launches
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

  • Funds
  • 03 October 2016
Fundraising in Spain
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

  • Funds
  • 03 October 2016
Pensioners' services and life insurance
Ardian’s RGI buys French competitor Kapia

Ardian's portfolio company financed the transaction with capital from its balance sheet

  • Expansion
  • 29 September 2016
Chemical refineries and associated products
Alcedo buys 47% of Stranich from Assietta for €10m

Italian GP has acquired a 49% stake in the target company from Assietta Private Equity

  • Expansion
  • 29 September 2016
Spanish fund closes and launches
N+1 rebrands as Alantra

Spanish advisory and asset management firm merges its brands and renames company Alantra

  • GPs
  • 28 September 2016
Antivirus and cybersecurity
Mangrove leads €2m round for Red Points

GP has invested alongside the company's exisiting minority shareholder Bstartup

  • Expansion
  • 28 September 2016
Retail delivery services and logistics
P101, 360 lead €1m round for Milkman

Backers include Italian VC firms P101 and 360 Capital Partners, and angel investor Mike Brennen

  • Expansion
  • 28 September 2016
Accountancy and financial software
Allianz Ventures leads series-B round for MoneyFarm

Allianz will secure a minority stake, and a representative will join the management board

  • Expansion
  • 27 September 2016
Cosmetics and perfumes
Capvis buys majority stake in Gotha

Deal marks the third investment in northern Italy for the Baar-based GP

  • Buyouts
  • 26 September 2016
Educational apps and software
Kereon leads €500,000 round for Didáctica

Backers include investment holding Interalios and several private investors

  • Expansion
  • 26 September 2016
Syntegra-backed Moleskine to go ahead with long-awaited IPO
Syntegra and Index exit Moleskine

Delisting after three years values the equity of Moleskine at €506m

  • Exits
  • 23 September 2016
Skin creams and lotions
Alcedo buys 55% of Italy’s Nahrin Swiss Care

Deal marks the second acquisition from the GP’s 2015-vintage Alcedo IV fund

  • Buyouts
  • 23 September 2016
Jobbatical offers new careers abroad
Sabadell VC leads €1m round for Captio

Backers include Venturcap, Bankinter, Telegraph Hill Capital and Kibo Ventures

  • Expansion
  • 23 September 2016
Stem cell storage and associated biotechnology
Inveready leads €3.5m round for Leukos Biotech

GP has drawn down capital from its Inveready Innvierte Biotech II vehicle

  • Early-stage
  • 22 September 2016
The Sagrada Familia in Barcelona
Caixa, Kibo sell Trip4real to Airbnb

Venture capital firms sell their stake in the business after two-year holding period

  • Exits
  • 21 September 2016
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