Southern Europe
Eos Venture Partners launches $100m debut insurtech fund
Vehicle has raised $30m from two insurance companies to date and will have a global remit
PE-backed Snaitech sold to Playtech for €846m
Playtech will have to make a mandatory takeover offer for the remaining Snaitech shares
Orlando Italy to sell Favini
Sale ends a nine-year holding period for Orlando Italy, which acquired the company in 2009
Felix, Target Global lead $21m series-B for TravelPerk
Spark Capital and Sunstone also take part in the round alongside newly founded VC firm Amplo
Elaia, Nauta lead €5m series-A for Geoblink
Fresh capital will be used to support the company's growth and boost its global expansion
Alantra acquires Hiperbaric
GP deployed capital from its Alantra Private Equity Fund III to support the acquisition
European Commission launches VentureEU
VentureEU is a venture capital funding programme backed by €410m in fresh funding from the EU
PE-backed Alpitour buys Eden Viaggi
Following the acquisition of Eden Viaggi, Alpitour expects to reach a turnover of €2bn in 2019
Apax opens Milan office, appoints Revel-Sillamoni as head
Francesco Revel-Sillamoni will lead the new office with the support of senior adviser Francesco Panfilo
European fundraises off to healthy start in 2018
Number of fund closes and aggregate capital raised in Q1 is roughly on par with the same period last year, but short of the strong start to 2016
Ontario Teachers' chief investment officer Graven Larsen resigns
Graven Larsen joined Ontario Teachers' in February 2016 and led the fund's global investment programme
Aksía's Covisian buys customer management specialist RBS
Following the deal, Covisian deputy general manager Carlo Rosini was appointed CEO of RBS
Charme acquires 80% stake in OCS
Italian financial software business will pursue an international and acquisitive growth strategy
Secondary buyouts hit 10-year low in Q1
Proportion of deals sourced from fellow PE firms has ebbed back to the level last seen in 2007, according to Unquote Data
European entry multiples hit new high in 2017 despite Q4 cooldown
Average EBITDA multiple increased to 10.4x in 2017 compared with 10.2x in 2016, according to the latest Clearwater Multiples Heatmap
Corpfin exits Bravo Enterprises
Sale ends a 15-year holding period for Corpfin, which acquired the company in 2003
Italian election: uncertainty on the PE horizon
Italian election is the latest European electoral result to have raised uncertainty, though local players remain confident about PE activity
Mega-buyout volumes hit post-crisis Q1 high
Combined with Q4 2017, the past six months have represented the most active consecutive quarters for €1bn-plus buyouts since 2007
Equistone's Averys bolts on Storax
Following the deal, Storax will continue to operate as an independent company with its own brand
Principia leads €10m series-A for CheckMab
GP deploys capital from its healthcare-dedicated vehicle Principia III to finance the investment
Gradiente buys HPF
GP is deploying capital from its Gradiente II fund, which held a first close in November 2017
EIF’s push into private capital management
The European Investment Fund is aiming to raise up to €2.1bn in private capital for a new investment platform focused on venture and growth vehicles
Annual Buyout Review: Lower-mid-market momentum lifts dealflow
Unquote's lastest Annual Buyout Review is now available to download for subscribers, offering in-depth statistical analysis of 2017 activity
Apax buys Bip from Argos Soditic
Sale ends a four-year holding period for Argos Soditic, which acquired the company in May 2014