Consumer
Clessidra buys Italian interior lighting specialist L&S
GP invests from its Clessidra Capital Partners III fund, which closed on €607m in December 2016
Target Global, IGP lead €50m series-C for McMakler
Previous investors include Lakestar, DN Capital, Earlybird, Warpspeed Ventures and Frog Capital
Apax sells Electro Stocks to trade
Sale ends a 12-year holding period for Apax, which acquired the business in a €350m deal
Wise backs Italian fashion accessories producer Waycap
GP deploys capital from its Wisequity IV fund, which held a final close on €215m in March 2016
Palamon sells Il Bisonte to trade buyer
Deal values Il Bisonte at €100m and marks the first exit from Palamon European Equity III
KKR launches offer for Axel Springer at €63 per share
Friede Springer and CEO Mathias Döpfner, who hold 45.4% of shares, will form a consortium with KKR
Former Advent execs launch BD-Capital
GP was co-founded by ex-Advent partner Andy Dawson and ex-FTSE CEO Richard Baker
Atomico leads €88m round for Infarm
Existing investors Balderton Capital, Cherry Ventures and TriplePoint Capital participate
YFM invests £5m in Tonkotsu
YFM used equity from its British Smaller Companies VCT and VCT 2 funds for a minority stake
Altor buys Ideal of Sweden
Founders Joachim Lindström and Filip Ummer, and EEquity reinvest in the transaction
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
Legalisation of e-scooters gives German startups green light
Germany is the last of 11 European countries to legalise e-scooters, even though it has already seen the largest number of funding rounds in Europe
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
VC firms back €5.7m series-A for Goodiebox
Danish Growth Fund takes part in the financing alongside technology incubator Inqvation
Mutares to acquire Kico
Germany-based Mutares invests in companies with small profits and revenues of €50-500m
General Atlantic leads $62m round for Depop
Transaction for the clothing marketplace app comes five months after H-Farm exited the business
PE-backed Raffin bolts on Maison Milhau
Combined business of meat food products is expected to generate revenues of €80m
Gimv’s France Thermes Group bolts on La Compagnie de Vichy
Backed by Gimv since 2018, Thermes Group buys the spa and hotel operator and water producer
YFM supports MBO of The Protein Works
GP's maiden institutionally backed fund is more than 70% deployed following the deal
Vespa Capital backs Le Marché de Leopold MBO
Company’s founder sells his majority stake, while management invests alongside the GP
Eurazeo’s Sommet Education bolts on Ducasse Education
Portfolio company Sommet buys 51% stake in culinary arts and pastry school Ducasse
Exponent sells Loch Lomond to Hillhouse Capital
Sale ends a holding of five years for Exponent, which acquired the company using its second fund
Arkéa et al. back Children Worldwide Fashion in SBO
Former majority owner Dzeta PE reinvests in the high-end children's ready-to-wear specialist
Mid Europa sells Knjaz Miloš to KMV, PepsiCo JV
GP makes the divestment from Mid Europa IV, ending a holding period of four years