Consumer
French startup Back Market raises €110m series-C
Online refurbished electronics marketplace had already raised €48m since inception
Aurelius's Bertram to make wholesale division insolvent, sells Wordery
Bertram temporarily closed Bertram Books as of 1 April due to uncertainty caused by the pandemic
RBB buys stake in Wurst- und Fleischwaren Bautzen
Sausage and meat products company filed for insolvency in November 2019 and was seeking new investors
Felix Capital et al. back €15m series-B for YFood
Foodtech company has increased its revenues by 300% in the past year, according to a statement
Ardian buys minority stake in Euro 4x4 Parts
Auto parts retailer also announced the bolt-on of B2B-focused market peer Japocat
Kartesia buys International Cookware from Aurora Resurgence
Sale ends a six-year holding period for Aurora, which acquired the company from Arc International Group
Audacia exits burger restaurant chain PNY
French PE firm Audacia invested in burger restaurants operator Paris New York in 2013
CVC Capital Partners backs Skroutz
GP deploys capital from CVC Capital Partners Fund VII, which closed on its €15.5bn hard-cap in 2017
Stirling Square acquires majority stake in Assistansbolaget
Deal is the Stirling Square's third investment from its €950m fourth buyout fund
Augens-, BMO-backed Impresa San Siro bolts on Cellini
This is the second bolt-on inked by the company, following the acquisition of Onoranze Funebri Serpi
Foresight sells Clubhouse Golf to Afinum-backed All4Golf
Clubhouse is the first exit for Foresight Regional Investment fund, which closed on £58m in 2016
Baring Vostok buys minority stake in Synergetic
None of the existing shareholders reportedly leave the company's capital structure
CVC delays £300m Six Nations investment – report
In February 2020, the Financial Times reported the firm was expected to acquire a 14% stake for £300m
Perwyn, BGF, MMC in £33m round for Gousto
Round brings the total funds raised by Gousto in the last eight years to more than £130m
European consumer M&A presents opportunities in Covid-19 chaos
Europe's consumer sector offers pockets of opportunity as the coronavirus pandemic wreaks havoc on M&A
Bridgepoint-backed Fishawack acquires Skysis
Unquote understands the combined entry multiple of both Skysis and Fishawack was 12.8x
Oakley exits Inspired Education
Oakley II held a final close on €524m in December 2014 and has since made five realisations
Callista acquires ETM from BOS
Callista intends to continue the strategic repositioning of ETM and to expand its customer base
OpCapita-backed AppelrathCüpper enters self-administration
Company cited a significant drop in revenues after the closure of its 16 branches due to coronavirus
Maven VCTs lead £3.5m round for Nano
Foresight Group, which is an existing investor in the company, also participates in the round
Mid Europa-backed fruit products maker Hortex to sell plant
Mid Europa acquired a majority stake in Hortex from Argan Capital in November 2017
PE-backed pubs and restaurants looking for silver linings
UK-based pubs and restaurants have so far remained somewhat resilient, but the situation is still precarious
EQT enters exclusive negotiations to acquire Schülke
Sale process saw EBITDA adjustments due to the hygiene product company's increased revenues
Aequita buys automotive supplier Willi Elbe
Sale follows a competitive process initiated in July 2019 as part of the company's restructuring