Financials
Synova invests in Doran + Minehane
GP aims to support the Ireland-headquartered asset management accountancy firm's acquisitive growth
HPE forms €160m continuation fund for fintech platform PPro
Firms including Coller Capital and Adams Street backed the oversubscribed GP-led deal
Miura backs agricultural insurance broker Banasegur
With this acquisition, the GP intends to pursue a consolidation project in the insurance brokerage sector
Tencent leads $180m round for Scalable Capital
Existing investors BlackRock, HV Capital and Tengelmann also back the asset management firm
TA backs Söderberg & Partners in SEK 2.5bn share issue
The issue reportedly values the financial services company at тЌ2.27bn
Target Global leads $650m round for Wefox
Round is the largest ever raised in the European insurtech sector, according to Unquote Data
Advent buys Planet stake from Eurazeo in €1.8bn deal
Eurazeo will reinvest in the business and co-control the company with Advent
LBO France buys majority stake in Polis Fondi
GP generally invests in Italy via its small-cap strategy, targeting deals valued at less than €100m
Mobeus scores 3.3x on Ludlow trade sale
GP sells financial advice business Ludlow Wealth Management to Mattioli Woods for ТЃ36m
Sequoia leads €700m series-C round for Trade Republic
Funding brings the total amount Trade Republic has raised to €772m
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
Advent leads $220m series-D for Shift at $1bn valuation
Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital also take part in the round
Tikehau's SPAC Pegasus raises €500m
Tikehau, FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of тЌ165m
Bain Capital, JC Flowers back Co-operative Bank
Bain Capital and JC Flowers become investors in the bank alongside its five other current financial sponsors
Prosus, Tencent lead $80m round for Bux
ABN Amro, Citius, Optiver and Endeit take part in the round, alongside previous backers HV Capital and Velocity
Magnum sells Lexer to L-Gam's Grupo BC
Sale ends a three-year holding period for Magnum, which invested in the business via its second fund
TDR Capital to take Arrow private in £563m deal
Offer price represents a premium of 33.4% to the closing price of 230.5 pence per share on 5 February 2021
CVC buys Ethniki Insurance in €505m deal
GP invests in the company via CVC Capital Partners VII, which closed on €15.5bn in June 2017
Activa sells Active Assurances to Silver Lake's Meilleurtaux
Sale ends a three-year holding period for Activa, which invested in Active Assurances alongside BPI France
Bridgepoint sells US-based Calypso to Thoma Bravo
Deal values the financial services software firm at $3.75bn, according to several media reports
Eurazeo buys Groupe Premium in €290m deal
GP invests in the company alongside current shareholders Montefiore Investment and the management team
Palamon, Corsair in £165m dividend recap for Currencies Direct
GPs reportedly mandated William Blair in December 2020 to explore strategic options
Main Capital acquires Foconis
GP plans to support add-ons for the financial services software platform as part of its growth
VCs in $170m round for trading platform Bitpanda
According to Unquote Data, the round is the largest ever recorded for an Austrian company