Southern Europe
Panakes to launch €120m second fund within months
VC expects to start raising capital by the end of the year and hold a first close in H1 2021
Aksìa backs machinery manufacturer Vomm
Third acquisition made by Aksìa Capital V, following its investments in Primo and Valpizza
Euregio Plus to launch €50m VC fund
Fund intends to support the growth and expansion of startups and SMEs
Base10, Cathay in $12m series-A for Lana
French venture capital house Cathay Innovation and Spanish ride-sharing company Cabify take part in the round
Oxy Capital exits Prio Energy to trade
Sale ends a seven-year holding period for Oxy Capital, which acquired the company from Martifer
Q2 Barometer: Coronavirus ravages European M&A market
After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
Vallis Capital sells Vortal to Stirling Square's Docu Nordic
Stirling Square intends to support Vortal in expanding its business in current and new markets
Southern Europe bounces back amid pandemic uncertainty
Southern European market has regained vigour and confidence in July following a catastrophic H1
OakNorth Bank provides fund facility to BlueGem
Key investors include Glendower Capital, Blackstone's Strategic Partners and BMO Global Asset Management
Bullnet Capital sells Codice SW to PE-backed Unity
Sale ends an 11-year holding period for Spanish venture capital firm Bullnet Capital
Guidepost injects $20m into Elements Global Services
Deal is the first investment from Guidepost's third fund, which came to market last year
Deutsche Beteiligungs buys PM Plastic Materials
First MBO in Italy for the GP, which will now start investing from its recently raised Fund VIII
Moira invests in Voovio Technologies
Company plans to use the fresh capital to expand its US operations and further develop its cloud services
Clessidra to buy wine producer Botter
Clessidra has been in negotiations for the acquisition of the Italian wine producer since February 2020
MCH buys pipes manufacturer Molecor
This is the second deal inked by MCH Iberian Capital Fund V, which recently held a €200m first close
GED invests in SimpleCloud via Conexo Ventures
SimpleCloud plans to use the fresh capital to accelerate its international expansion, primarily in the US
P101 in €6.4m round for WeSchool
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2
Nuo Capital, Olma in €4.5m round for Artemest
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round
Panakes et al. in €20m series-B for InnovHeart
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra
France, southern Europe drive dealflow uptick in July
Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier
ICG launches second recovery fund
Second vehicle will be larger than its predecessor, which closed on тЌ843m in March 2010
Astorg sells Surfaces Group to TA Associates
Sale ends a three-year holding period for Astorg, which acquired a 75% stake in the company from Xenon PE