Southern Europe
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 €843m 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
Axon launches €150m fourth innovation growth fund
Fondo Axon Innovation Growth IV acquires minority stakes in technology businesses with high-growth potential
Cathay, BPI-backed AD Education bolts on Ces
Add-on shortly follows the acquisition of Italian university Accademia Italiana Arte Moda e Design
Verizon Ventures, PME Investimentos in €4m round for PicAdvanced
PME invests via Fundo 200M, a €200m co-investment vehicle that supports the expansion of Portuguese startups
Wise's Innovery bolts on Obiectivo
Innovery is a portfolio company of Wisequity IV, which closed on €215m and is currently 92% deployed
Armonia to launch €500m fund
Fund will be larger than its predecessor, which closed on €280m in July 2018
Armonia-backed Biodue buys Farcoderma
Following the deal, the combined group will employ a staff of 200 and generate revenues of c€60m
DN Capital, Kreos et al. in €11m round for Bnext
Investment is an extension of the €22.5m series-A round raised by Bnext in October 2019
Magnum Capital backs Isdi
First investment made by the GP via Magnum Capital III, which was launched in December 2019
Acon buys Spanish vegetables producer Alsur
Acon invests in partnership with Quarza Inversiones, which acquired a minority stake in the company
Investindustrial’s Italcanditi buys Ortofrutticola Del Mugello
Deal is part of a buy-and-build strategy pursued by the GP to strengthen Italcanditi's market position
MCH buys minority stake in Prosur
GP is currently investing via MCH Iberian Capital Fund V, which held a €200m first close in April 2020
Fondo Italiano backs Maticmind
FII invests in the business via the Fondo Italiano Consolidamento e Crescita vehicle
KKR backs online learning specialist MasterD
MasterD’s founder Luis Gomez and the management team will reinvest alongside KKR
White Bridge buys Alpha Test from Aksia
GP intends to support the company’s growth and expansion across the education sector in Europe
Aurelius's Office Depot to sell Spanish direct business to trade
Deal is Office Depot’s fourth divestment in nine months as part of its ongoing restructuring