Financials
LDC divests Validus-IVC in trade sale to Verisk
Sale of motor-insurance-related business brings to an end a five-year tenure for the vendor
Omnes et al. in series-B round for Tiller
GPs will provide a €12m equity ticket and can deploy up to €8m in the next 18 months
JC Flowers sells PIC stake to Adia
Sale ends a 12-year holding period for JC Flowers, which was one of the founding investors
Dunedin buys GPS
GP draws capital from Dunedin Buyout Fund III, a £300m fund that held a final close in June 2013
Sequoia-backed Asa International announces London IPO
Business is headquartered in the Netherlands and lends to low-income populations
Carlyle's PIB bolts on i2 Healthcare
Acquisition of the healtchare insurance specialist is the 16th since Carlyle's initial investment
Cobalt Capital sells Eurodommages in SBO
Qualium Investissement to buy Eurodommages, a France-based automotive insurer
LDC acquires £28m minority stake in RCIB
Transaction comes two years after the insurance broker acquired three brands from trade vendor ERC
PE firms back record $14bn funding round for China's Ant Financial
Round comprises renminbi and US dollar tranches, reportedly values the company at $150bn
BlackFin appoints Franzmeyer to lead DACH expansion
Franzmeyer joins as managing director and will become head of Blackfin in Germany in September
Silverfleet sells Ipes to Genstar's Apex Group
Sale of the fund administration business generates a 3.8x return and 30% IRR for the vendor
LT Capital invests in Groupe Leader Insurance
First investment for the LTC III vehicle, which is due to close on €100m in July
NVM invests £8.2m in Flexioffices MBO
Deal for office space broker is the second MBO made by the GP's maiden institutionally backed fund
VC firms invest $30m in Coya
Fresh capital will be used to establish the company in Germany once it receives approval from BaFin
Warburg Pincus buys Self Trade Bank
GP teams up with former Santander CEO Javier Marín Romano for the bank's carve-out
Partech et al. inject €32m in Lendix
Consortium of previous and new investors back the France-based online lending platform
Adyen sets price range for €6-7bn IPO
General Atlantic, Index Ventures, Felicis Ventures and Temasek have all previously backed the business
PE-backed Concardis and Nets set to merge
Deal will see Concardis shareholders contribute their shares in return for Nets shares
VC firms back €10m series-A for FinCompare
Dutch bank ING joins the syndicate as the lead investor via its corporate venturing arm
DBAG buys Von Poll Immobilien
Third investment from DBAG ECF I, which raised €85m for its latest vintage in June 2017
Sentica Partners exits Silta
Following the deal, Silta will become part of Administer, with its brand and name unchanged
BC sells down Sabre stake
GP and the motor insurance underwriter's founder collectively sell an 18% stake for £112.8m
Kinnevik leads $16m series-A for Pleo
Expenses management company will launch its service across Europe and undertake a recrtuiment drive
Daphni, Idinvest back Lunchr
Daphni has previously invested €2.5m in the France-based booking platform
