Sector
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Alto Partners acquires Bia
Third investment made by Alto Capital IV, which held a €210m final close in 2018
Ardian’s Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
Acon Investments backs Germaine de Capuccini
GPs plan to boost the company’s product innovation and expand its growth organically and via add-ons
Kinnevik invests SEK 900m in MatHem
Investment comprised SEK 400m of primary capital and a SEK 500m secondary share purchases
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
US-based VCs invest $25m in Teckro series-C
Teckro produces a software platform that improves the efficiency of clinical trials
XAnge invests in Sunacare
XAnge makes early-stage investments of €500,000-8m in French and German companies
Causeway Capital buys Patisserie Valerie out of administration
Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
QuattroR backs Trussardi
QuattroR invests via its €711m fund, which targets companies in temporary financial distress
NPM Capital backs Suitsupply
NPM recommits to Netherlands-based fashion chain Suitsupply, having backed it in 2017
VC firms back €4m series-A for Kreatize
Fresh capital will be used to expand the platform and improve data evaluation methods
BluGem sells DMC Group to Lion Capital
Sale ends a three-year holding period for BlueGem, which bought the company via its €370m second fund
B-to-v holds second close for Industrial Technologies Fund on €80m
Fund held its first close in March 2018 and is expected to have a final close in mid-2019
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
Bowmark close to £100m take-private of Tax Systems
Offer represents a premium of 20.3% on the average 91.4 pence per share in the past 12 months
Star Capital acquires ASL Aviation Holdings
Star Capital plans to wholly acquire ASL, which has been profitable every year since inception
Sofinnova et al. invest €20m in Afyren
France-based biotech business Afyren plans to commercialise its products in 2020
Beringea leads £2.4m funding round for DeepCrawl
Funding will enable DeepCrawl to further consolidate and expand its presence in the UK and the US
Accel in $30m series-B round for Chainalysis
Chainalysis has previously raised funds from Techstars, Point Nine Capital, FundersClub and CVP
RCapital backs AirHop MBO
Trampoline parks operator is to open five new sites in Germany and two in the UK
EQT sells 20% of IVC to pension funds
Deal reportedly values the company at £2.6bn, affords EQT more time before a future IPO