Consumer
Alto Partners backs Olimpia Splendid
GP invests via its Alto Capital IV fund, which closed on its €210m hard-cap in April 2018
Waterland buys EuroParcs majority stake
GP plans to support the Dutch family-owned business in its expansion domestically and abroad
HIG buys Cadica from Gradiente, builds new group
In addition to Cadica, HIG also buys Tessilgraf and Bernini, which will be merged into a new group
Afinum exits Sinnex in trade sale
Afinum has already realised two investments from its Fünfte vehicle: CaseKing and D&B
Consilium, Progressio buy Gelit
GPs deploy capital from their funds Consilium Private Equity III and Progressio Investimenti III
LFPI sells CMG Sports Club to trade – reports
GP acquired asset in 2016 to help face competition from low-cost fitness club chains
Sequoia, Spark Capital lead $47m series-C for Tourlane
Existing investors in Tourlane include NFQ Capital, DN Capital and HV Holtzbrinck Ventures
CVC to sell Continental Foods to trade
Transaction would value Belgium-based Continental Foods at around €900m, according to a report
BC-backed VetPartners acquires Clyde Veterinary Group
Bolt-on comes nine months after the GP bought VetPartners in a deal reportedly worth around £700m
Apollo's Watches of Switzerland mulls IPO
UK-based luxury watch retail group could reportedly have a market cap of up to £800m
Blackstone-backed Cirsa carves out Giga Games
Blackstone acquired Cirsa from its founder, Manuel Lao Hernández, in April last year
Foresight invests £5m in Steamforged Games
Capital will be used to roll out Steamforged's pipeline of eight new games in the next 24 months
EQT exits Avenso in management buy-back
EQT acquired a majority stake in Avenso in 2013 and has expanded the company's product portfolio
Beringea invests in $19m series-A for Fnatic
Round was led by LVL1 Group, the holding company of tech entrepreneur Lev Leviev
Lakestar leads €150m series-D for Spanish startup Glovo
Idinvest Partners and Korelya Capital also took part in the round, alongside Papa John's owner Drake Enterprises
Five Seasons et al. in €17.4m round for Butternut Box
Fresh dog food company will look to expand its sales activity into continental Europe
HIG WhiteHorse invests in Italian retailer Risparmio Casa
HIG intends to support the company in further strengthening its market position in Italy
EQT launches €631m takeover bid for Parques Reunidos
Offer is made via a bidco controlled by EQT, Miles Capital and Corporación Financiera Alba
NextStage, MI3 invest €17.7m in Bagatelle
Bagatelle currently operates 10 restaurants, plans to open 15 more in the next five years
Bowmark's OIEG bolts on Oxford International College
Deal comes five years after the GP acquired a minority stake in the independent school group
VCs sell Drivy to Getaround in $300m deal
Combined company now spans 300 cities in the US and Europe and serves five million users
French education deals offer a valuable lesson
Investment activity in the French education sector continues to look strong after a bumper 2018, with multiples heating up accordingly
Axcel sells Ball Group to Findos, wraps up fund
Sale ends a holding period of around 12 years for Axcel III, which made 11 platform investments
PAI's Stella Group buys CRH S&A
Stella Group expects to double revenues, of which 45% would be generated outside France