Southern Europe
NB Aurora buys Dierre from Gradiente
NB Aurora bought a 46.1% stake from Gradiente and the remaining 3.8% from Rubbiani for €30.2m
Palamon sells Il Bisonte to trade buyer
Deal values Il Bisonte at €100m and marks the first exit from Palamon European Equity III
KKR sells credit specialist Sistemia to BC-backed MCS-DSO
Group plans to strengthen its position in the Italian credit collection market and boost its growth
KKR targets $1.5bn for second growth tech fund
Fund was registered in Luxembourg in November last year and expects to hold a final close in Q3
Genoa football club to be sold to York Capital
Genoa was put on the market by president and majority shareholder Enrico Preziosi earlier this year
PEP's IDB buys interior design specialist Modar
Modar is the sixth bolt-on inked by IDB, which expects to reach a turnover of €130m in 2019
Advent backs Spanish dental group Vitaldent
GP intends to accelerate the company's organic growth and strengthen its market position
New opportunities flourish in Italian healthcare
Sector has seen intense activity in recent years, with a noticeable increase in both deal volume and value
Nazca Capital closes lower-mid-market fifth fund on €150m
Nazca Fund V will target small Iberian companies with high-growth potential
Ardian-backed Jakala acquires marketing specialist Volponi
Following Volponi’s acquisition, Jakala expects to further expand and reach revenues of €250m
Nazca buys biopharmaceutical company Diater in €45m deal
This is the fifth investment made by Nazca Fund IV, which closed on €275m in 2017
Triton exits steel waste recycling company Befesa
Sale ends a six-year holding period for the GP, which bought Befesa from recycling company Abengoa
Advent hits $17.5bn hard-cap for ninth fund
Close puts it just inside the top 10 for largest Europe-focused buyout funds ever
Wise Equity to launch €260m fifth buyout fund
New fund is larger than its predecessor, Wisequity IV, which held a final close on €215m in 2016
Wise backs cybersecurity specialist Innovery
GP deploys capital from its €215m Wisequity IV fund, which invests tickets in the €5-20m range
Sector specialisation taking hold in Europe
European private equity firms are sharpening their investment focus by restricting the number of sectors they target
Investindustrial-backed Lifebrain buys clinical lab Galeno
Galeno will be integrated within the Lifebrain business and will consolidate its market position
Unquote Private Equity Podcast: Generation game
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses new generations working in private equity
Taste of Italy buys land management software specialist Abaco
GP deploys capital from its Idea Taste of Italy fund, a food- and agri-business-dedicated vehicle
Riverside buys mineral water specialist Galvanina
GP plans to consolidate Galvanina's market position, boost its expansion and enlarge its offering
Riello holds €50m first close for Italian Strategy
Fund targets Italian SMEs operating in the fashion, food, automotive, furniture and cosmetic sectors
Dawn leads $11m series-A for data integration platform Onna
Previous backer Nauta Capital also takes part in the round, alongside Dropbox and Slack Fund
Innogest leads €1.6m bridge round for food startup Soul-K
Company plans to use the funding to consolidate its market position and expand its product offering
Diana Capital to launch €200m third fund
Diana Capital III will target mid-market Iberian companies operating in a wide range of sectors