Financials
Altor buys majority stake in LRF Konsult
Altor acquired the business via its Altor Fund IV from the federation of Swedish farmers
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
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
Ardian backs SFAM in €1.7bn deal
GP acquires a €200m minority stake in the French broker of smartphone and multimedia insurance
Inflexion-backed Ocorian bolts on Abax Holding
Deal is the fourth acquisition by the Channel Islands-based company in six months
Inception leads €2.2m seed round for Penta
Fresh capital will be used to hire more staff to support the company's growing customer base
Chiltern divests Vantage to Exponent-backed Enra
Deal comes 20 months after the vendor acquired a significant minority stake in the mortgage broker
Da Vinci invests £15m in EZBob
Fresh capital is provided at a post-money valuation of ТЃ100m, according to press reports
Penta- and Maven-backed GRP acquires County Group
Current management team will stay with the business as it moves to new ownership
AnaCap-backed Heidelpay buys MPay24
Second bolt-on, after the purchase of Hamburg-based Startec, since AnaCap's original acquisition
JC Flowers, Cerberus granted exclusivity in HSH Nordbank auction
Bidders have now been given a deadline to negotiate a deal with the federal state owners
Synova backs AllClear in MBI
Chris Rolland, the former CEO of Staysure and American Express Insurance Services, will lead the business