Southern Europe
IGI holds €100m first close for sixth fund
Fund was launched with a €150m target and is larger than its predecessor, IGI Investimenti Cinque
Green Arrow holds €136.2m final close for private debt fund
Fund inherited the portfolio of Quadrivio Private Debt after the GP was acquired by Green Arrow
MIP leads €5m round for Miscusi
Restaurant chain will scale up its team and further expand in northern Italy
Alchimia's uFirst buys LVenture-backed Qurami
LVenture will sell its stake in Qurami for both cash and a stake in the acquiring company
Ambienta buys AromataGroup
Current management team will continue to lead the firm and retain a minority holding
Italglobal Partners acquires Gimel
GP led a club of investors to acquire a 70% stake in the Italian children's clothing manufacturer
United Ventures' Moneyfarm buys Vaamo Finanz
Following the deal, Vaamo co-CEOs Thomas Bloch and Oliver Vins will join Moneyfarm's executive board
Red Capital launches €50m fund to back female-led startups
Newly founded VC firm will be EMEA's largest VC fund investing in female-led businesses
Riverside generates 4.3x on sale of Euromed
Riverside makes the divestment from its $340m buyout vehicle, Riverside Europe Fund V
Single-asset funds afford slow and steady pace
When a fund approaches the end of its lifespan, transferring the last remaining investment into a new vehicle is proving increasingly popular
Neuberger Berman, NB Aurora exit General Medical Merate
NB's stake was acquired by the Sordi family and Kangda Medical Equipment Group
Invitalia Ventures, Primomiglio lead €3m round for Brandon
Sella Ventures, Sinergenis, Ecilog and private investor Fabio Cannavale also take part in the round
C5 Capital leads $18m funding round for 4iQ
C5 Capital will take a seat on the company's board of directors following the deal
Goldman Sachs leads $28m round for Unicaf
Online higher education company will increase its number of scholarships to more than 100,000
Wise-backed Tatuus bolts on Breda Racing
GP plans to boost the two companies' internationalisation and achieve strong operational synergies
Oaktree exits Eolia Renovables
Sale ends a three-year holding period for Oaktree, which bought the company in a €1bn deal
One Equity-backed Lutech bolts on Tecla.it
Deal also includes the acquisition of two subsidiaries controlled by Tecla.it
F2i holds €3.6bn final close for third fund
Vehicle was launched with a €3.3bn target and held a €3.14bn first close in December 2017
Ambienta exits Aico
Sale ends an eight-year holding period for Ambienta, which bought the company via its first fund
Carlyle-backed Codorníu bolts on Gleva Cellars
Gleva Cellars CEO Ramón Raventós Basagoiti will be appointed CEO of the combined group
NB Renaissance Partners' Comelz bolts on Camoga
Following the acquisition, Comelz expects to reach EBITDA of €30m from revenues of €75m in 2018
European VC fundraising continues strong showing
VC fundraising totals over 2016-2017 marked a healthy increase of nearly 50% on the amounts raised in the previous two-year period
BC Partners' Cigierre bolts on Pony Zero
Company will use the fresh capital to expand its service offering and enlarge its customer base
Luxury fashion à la mode for private equity buyers
Sky-high valuation of Versace at тЌ1.83bn equates to 41x the company's 2017 EBITDA of тЌ44.6m