Financials
Eurazeo invests further in IM Square ahead of acquisitions
With the fresh capital, IM Square plans to acquire three to six additional asset managers
Pragma sells NACC to trade
GP sells French distressed corporate debt specialist NACC to Norway's B2Holding
Bridgepoint makes 8.8x on sale of Trustly to Nordic Capital
Nordic Capital drew equity from its ninth fund, ending a four-year holding under Bridgepoint
Daphni leads €6.4m round for Margo Bank
Banking startup will invest in technical infrastructure as well as HR development
CBPE floats JTC in £310m IPO
CBPE has realised its investment in JTC in full, generating a return of 4.4x invested capital
Natixis buys minority stake in Clipperton
M&A boutique Clipperton solely focuses on the technology and internet industries
Altor buys majority stake in LRF Konsult
Altor acquired the business via its Altor Fund IV from the federation of Swedish farmers
Lakestar et al. back €56.6m series-B for SolarisBank
Bertelsmann subsidiary Arvato Financial Solutions and Japan's SBI Group also reinvest
GP Bullhound acquires AdMedia
Following the acquisition, five senior deal-makers will join the VC firm's investment team
Cerberus- and JC Flowers-led consortium acquires HSH Nordbank
Non-performing loans valued at approximately €7bn will be acquired by the consortium separately
Catalyst acquires investment management consultancy Knadel
Five months after Livingbridge's investment, market consultancy Catalyst acquires Knadel
AP7 in negotiations for fourth account manager
Procurement for final account manager is ongoing, with an announcement now depending on lawyers
JC Flowers to list NIBC stake
Private equity firm will list 35% of outstanding and issued NIBC shares on Euronext Amsterdam
HSH Nordbank sale to be decided on Wednesday
JC Flowers owns a 5.1% in the bank and 94.9% is held by states of Hamburg and Schleswig-Holstein
Montana buys Italian private equity firm Nem
Firm is deploying capital from Secondary Program III, which held its final close in 2015
Statkraft leads €5m round for Parkbee
Fresh capital will be used to add 15 new full-time employees to the UK team
Accel, Northzone lead €4.8m series-A for Anyfin
Fresh capital will be used for recruitment, user acquisition and product development
VC firms to sell Lendico to ING Diba
ING Diba has registered its intention to acquire Lendico with the competition authority
Cerberus, JC Flowers to acquire HSH Nordbank
German daily reports that an informal agreement has been in place for several weeks
Artá Capital closes second fund on €400m hard-cap
Vehicle will invest in medium-sized Iberian companies with an enterprise value between €100-500m
Nordic acquires additional shares in Nordax
Deal is outside the public cash offer submitted by Nordic Capital and Sampo earlier in February
Fenera to raise three funds-of-funds
Shareholders include Fenera Holding, Banca Sella and some institutional investors
Pollen Street closes third fund on £400m
Financial-services-dedicated vehicle has already deployed 53% of its available capital
GP Profile: Investcorp
Deal-by-deal investor raises $1bn a year, with 70% of its funds coming from institutional investors outside of the Gulf