Financials
CBPE's Xafinity floats with £190.3m market-cap
Divestment of the pension consultancy generated a 4.3x return for the GP after a four-year tenure
Creandum leads €5.5m round for Pleo
Round adds to DKK 20m raised in September 2016 from early-stage investors, Danish family offices and a foundation
Vision Capital makes 5.2x on Nordax exit
Final sale of Stockholm-listed shares in the consumer finance business comes a-year-and-a-half after Nordax's IPO
Nordic Capital completes take-private bid for Nordnet
Joint holding with investment company Öhman Group holds 98.65% of the company's shares and will delist the company
CVC acquires stake in Pension Insurance Corporation
Deal reportedly values the pensions insurance group at around £2bn and will see the GP take a 10-20% stake
PE-backed ICBPI nets DB Card Acquiring for €30m
Deal marks the fourth acquisition after the business' PE-backed MBO in June 2015
Sovereign backs MBO of Arachas
Irish insurance brokerage will undertake an acquisitive growth strategy under its new ownership model
Belgium aiming to boost fintech investments
New Belgian-focused fintech initiative will develop close ties with London and bridge the gap between the UK and Europe
Ardian increases stake in Genesi Uno to 75%
GP first acquired a 40% stake in the business in 2005 via its Axa Infrastructure Fund III
PE-backed ICBPI bolts on MPS's merchant payments business for €520m
Deal marks the third acquisition for ICBPI during its private equity ownership
NorthEdge-backed Ramsdens to float with £26.5m market cap
IPO of the UK pawnborker and foreign exchange business will return £10.6m to existing investors
Metric Capital buys Gruppo Bancario Mediterraneo
Backers include high-net-worth individuals Filippo Cortesi and Nicola Bonito-Oliva
LocalGlobe leads £1.5m round for Cuvva
Insurance technology company will launch its pay-as-you go product later this year
Inflexion backs £40m MyPolicy MBO
Investment in insurance broker marks the first deal made by the 2016-vintage Inflexion Enterprise Fund IV
Valar Ventures and Alven Capital in $1.7m round for Qonto
Valar Ventures and Alven Capital have invested a joint $1.7m in banking platform Qonto through an early-stage round.
Octopus leads £7.5m round for Bought By Many
Deal will fund the launch of the online aggregation and price comparison platform's insurance products
Advent, Bain buy German payment service Concardis
GPs have acquired the business to lead a market segment consolidation across the DACH region
MBO Partenaires and Societe Generale exit CFDP
Financière Miro and insurance group Scor take a combined 52% stake in the group
Omnes leads €8.4m round for Bankin'
French VC was joined by CommerzVentures and previous investors in the round
Equistone sells Meilleurtaux.com to Goldman Sachs
Goldman Sachs takes over holding company Finizy, which includes five different brands
Inflexion invests £41m in LCP
Deal will enable the financial consultancy firm to reacquire a stake owned by Alexander Forbes
Maven injects £1.1m into GCV
Deal for crowdfunding platform marks the GP's fourth VCT investment and 10th PE deal of the year
Partech Ventures in €30m round for EcoVadis
New funding round brings the total raised by the startup since inception in 2007 to $35.7m
Amundi buys Pioneer from Unicredit for €3.5bn
Transaction is expected to generate a €2.2bn net capital gain for Unicredit in 2017