Financials
Apollo sells Amissima Assicurazioni to Talanx
Sale does not include life insurance business Amissima Vita, which generated premiums of around €900m in 2019
Partners Group backs Telepass in €2bn deal
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
Latour acquires Santiane from BlackFin for €200m EV
Santiane was marketed based on €15m EBITDA, with vendors expecting an EBITDA multiple of more than 10x
IK buys You Sure from Synergia
GP deploys capital from IK Small Cap II Fund, which closed on its hard-cap of €550m in February 2018
Global Founders, Rocket et al. in £21m round for Knoma
Knoma says it will initially focus on the UK market, and plans to expand globally in the coming years
Hg invests $1.5bn in Hyperion at $5bn valuation
Hyperion's management team and employees will remain the largest shareholder group in the company
Valar Ventures leads $52m series-A for Bitpanda
Company intends to use the fresh capital to further boost its expansion across Europe and scale up its team
Inflexion-backed Ocorian acquires Newgate
Newgate Compliance is a London-based compliance consultancy and hosted regulatory service
Mouro leads $26m round for Uncapped
Iron Ventures, Global Founders Capital, Seedcamp and White Star Capital participate in the round
Hg sells A-Plan to trade buyer Howden
A-Plan was part of the portfolio of Hg 7, which closed on £2bn in April 2013
Blackstone invests in $500m round for Ki
Blackstone is currently investing from its third-generation Tactical Opportunities fund
Apax France to buy Groupe Crystal
GP will buy a majority stake, while Crystal president Bruno Narchal and director Jean-Maximilien Vancayezeele will retain a minority
Volery takes minority stake in SDC
For the year ending on 30 April 2019, Sustainable Development Capital generated turnover of £12.6m
TCV leads €90m series-B for Mollie
Company intends to use the fresh capital to further boost its expansion and broaden its product offering
Consortium backs €4.6m round for Neon
New investors in the Swiss banking startup were Helvetia Venture Fund and e-commerce company QoQa
Mosaic, Santander in funding round for Bonify
Experian Ventures and the founders of fintech company Raisin also take part in the investment
Base10, Cathay in $12m series-A for Lana
French venture capital house Cathay Innovation and Spanish ride-sharing company Cabify take part in the round
Global Brain extends series-A for Element Insurance
Global Brain is investing from its SFV GB Fund, a joint venture between Sony Financial Ventures and Global Brain Corporation
PE-backed Ardonagh acquires Thames Underwriting
Thames will join Ardonagh's suite of MGA brands and will operate within Geo Specialty Group
Inflexion-backed Bollington Wilson acquires Watson Laurie
Inflexion will continue to support Bollington in its growth plans, according to a statement
Augmentum et al. invest in £35m series-C for Habito
Entrepreneur Yuri Milner's investment vehicle Gemini led a £25m equity raise for the company in February
Synova-backed Fairstone acquires Chiltern House
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
Ripplewood in exclusive negotiations to buy Fidor Bank from BPCE
French bank BPCE mandated advisers to sell the Germany-based digital banking platform in 2018
DN Capital, Kreos et al. in €11m round for Bnext
Investment is an extension of the €22.5m series-A round raised by Bnext in October 2019
