Southern Europe
True Ventures raises $840m in two final closes
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital
Orange Capital buys La Sanfermese
GP plans to boost the company's expansion in new geographies and agri-food segments
Sherpa appoints Lahuerta as investment director
Isaac Lahuerta has experience in special situations deals, having worked for Black Toro Capital and Avenue Capital Group
Partners Group backs Telepass in €2bn deal
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
Cathay leads $15m series-B for healthtech company Savana
Company plans to use the fresh capital to boost its international expansion and further grow its operations in the US
Ardian sells Gantner to Alantra-backed Salto
Deal is financed with a €125m capital increase deployed by Alantra, alongside Sofina, Peninsula and Florac
Vam, Adon buy Sicurezza e Ambiente
Italian lenders Banco BPM and Illimity provide a debt package to support the transaction
Levine Leichtman Capital Partners Europe II closes on €463m
Fund has already completed one investment and has two additional deals under contract
RedFish invests in FII-backed Maticmind
Private debt funds Tenax QIAIF ICAV and Green Arrow Private Debt also take part in the investment
Ambienta's Amutec acquires Mobert, creates In Pack Machinery
Companies will be merged in a new entity named In Pack Machinery, which will become an aggregation platform
Sofinnova appoints Anderson as partner
Anderson has 25 years of experience in the healthcare and life sciences industries
FII, Vam create Florence fashion group
Clothing companies Giuntini, Ciemmeci Fashion and Mely's Maglieria will be merged to create a fashion group named Florence
Indigo Capital II holds €300m final close
Fund provides private bonds and preferred equity to European mid-market businesses
CVC, Advent, FSI win exclusivity for Serie A
Consortium plans to acquire a 10% stake in a new media company, which will manage Serie A's broadcasting rights
Alantra buys stake in Indigo Capital
Following this partnership, Alantra expects to further consolidate its position in the French market and the rest of Europe
Pictet launches technology-focused fund-of-funds
Vehicle is the GP's first sector-focused fund-of-funds and will also make direct and co-investments
Miura backs Terrats Medical
Producer of dental implants and abutments operates under the DESS Dental Smart Solutions brand
Kartesia carves out ADL Biopharma from Black Toro's ADL Bionatur
Deal includes a new debt tranche of €5m made available by Kartesia at closing and a capital increase of at least €10m
Sabadell Asabys et al. lead €14m series-E for MedLumics
Previous backers Andera Partners, Caixa Capital Risc and Innogest Capital also take part in the funding round
HV Holtzbrinck, JME Ventures in $10m round for Lingokids
Round is led by German toy company Ravensburger, with participation from several previous private backers
Kibo Ventures III holds first close
Fund invests in pre-series-A and series-A rounds, deploying initial tickets of €1-3m
Green Arrow makes two hires ahead of fourth fund launch
Vender is appointed as senior adviser and president of the PE committee, while Massari is hired as managing director
Sella holds €30m first close for debut VC fund-of-funds
Vehicle targets European, US and Israeli VC funds that invest primarily in early-stage rounds
FAI, Neuberger-backed Trasporti Romagna buys Logistica 2
With this bolt-on, the group reaches revenues of €240m, with a fleet of 700 temperature-controlled carriers