Financials
Altor takes 25% stake in Skandiabanken for NOK 1.2bn
The deal is a continuation of Altorтs ongoing strategy of public minority investments
Spring Ventures invests £20m in BIMBO of IGF
Provider of SME financing will undertake a recruitment drive and expand across the UK
AnaCap reaps 4.5x on Simply Business exit to Aquiline
Secondary buyout reportedly values the online insurance broker at around ТЃ120m
Bain and Advent sell down £740m stake in WorldPay
The GPs will retain a 28% stake in the company following the divestment
Scalable Capital raises €7m from Holtzbrinck et al.
The funding round brings the total capital raised to €11m
Palamon scores 13x on £600m Towry sale
Permira-backed Tilney BestInvest won the competitive process, which attracted strong PE interest
UniCredit and Anthemis set up fintech partnership
The partnership sees UniCredit committing €200m, to be invested in fintech startups
Inflexion picks up Global Reach
Following the management buyout, Global Reach will pursue an acquisitive growth strategy
LendInvest receives £17m series-B from Atomico
LendInvest provides loans for property developers and landlords
Student lender Future Finance raises £119m from Blackstone et al.
Future Finance provides lending for students who need additional funds on top of their government loans
Infinity fully exits Positive Cashflow Finance
Final exit comes two years after the GP first sold a stake in the Manchester-based business lender
Beech Tree buys The Fluent Money Group
Fluent plans to invest the fresh capital in product development and strategic acquisitions
France's financial sector surges ahead
Private equity dealflow within the financial sector in France has reached a record high, according to unquote" data
Latvian VC Skillion Ventures leads €2m round for Mintos
Peer-to-peer lender claims to have lent in excess of €15m through its platform in the last 12 months
Orange leads €5.3m round for KissKissBankBank
Investment comes three years after the crowdfunding platform raised €2m in seed capital
AnaCap closes third fund on €850m
Second vehicle with a focus on financial services to close so far in February, according to unquoteт data
BlackFin closes second fund on €400m hard-cap
Vehicle is 25% invested after financing three buyouts to date, unquote" has learned
Holtzbrinck backs Spotcap's €31.5m round
Investment firm of Russian billionaire Oleg Boyko invests alongside Holtzbrinck
Dawn and DN Capital in £20m Sonovate funding round
Round consists of ТЃ5m series-A and ТЃ15m in credit funding provided by Shawbrook
EdRip backs SFAM with €10-20m injection
Deal is the ninth to be financed via the GP’s €300m small-cap venture fund, Winch Capital 3
Linxo raises €2m from Crédit Agricole et al.
Fintech specialist will strengthen its technical team as it expands from France to the rest of Europe
Carlyle invests in PIB Insurance Brokers
GP secures stake via its Carlyle Global Financial Services Partners II fund
Palatine's Chase Templeton bolts on Avanti Healthcare
Palatine has owned Chase Templeton since 2013
Cinven acquires Ergo Italia
Deal is GP's first investment in Italy since 2006