Sector
HPE Growth backs $50m funding round for PPro
Round is led by PayPal with participation from Citi Ventures, the CVC arm of Citi Group
Avedon sells Robidus to trade
During Avedon's three-year ownership, social security service Robidus doubled its revenues
Tech buyouts bolster UK mid-market activity in H1
High multiples in the TMT space have played a part in driving activity in the UK mid-market over the first half of 2018
AP Ventures launches two funds with $200m commited
New vehicles will inherit seed investments made by PGM producer Anglo American Platinum
Palamon acquires FairConnect
Company expects to double its user base this year and accelerate expansion across verticals
Sovereign divests Xendo to Linden-backed ProPharma
Sale of the healthcare-focused consultancy business brings to an end a tenure of just two years
Pamica acquires majority stake in Ställning Karlskoga
With Pamica as majority investor on board, the company plans on developing its digital presence
VC firms back £30m funding round for Orbex
Capital will be used to launch orbital vehicles from the UK's newly announced spaceport
Equistone sells Caseking to Gilde
Equistone makes the divestment from its fourth fund, which closed on €1.5bn in 2013
Pinova buys WMD Group
GP draws equity from Pinova Capital Fund 2, a €180m vehicle that held a final close in January
VC firms sell Nu3 to trade
Shop Apotheke finances the acquisition with the issuance of 54,470 new shares and additional cash
Corpfin buys Grupo Barna
Grupo Barna plans to make an acquisition and commence its international expansion plans
Elvaston buys Futura Retail Solutions
Management has retained a substantial stake and operational control of the business
VC firms sell Biosensia
Vendors include Act Venture Capital, Atlantic Bridge, Street Capital and Seroba Life Sciences
BPI France launches InnoBio 2
BPI France and France-based corporate Sanofi have already made commitments to the vehicle
General Atlantic injects $250m into Greensill
GA's investment values the working capital finance provider at $1.64bn
Endless to exit The Works in £100m London listing
Turnaround player bought the retailer out of administration in 2008 for a reported ТЃ17m
Abry Partners sells Basefarm to trade
PE-backed Norwegian IT services company Basefarm is acquired by France-based corporate Orange
Carlyle abandons bid to wrest control of Prezzo
Credit arm of the GP acquired a 33% blocking stake in the company earlier this year
Cinven merges Viridum with Generali Lebensversicherung
Transaction is an exit for Fifth Cinven Fund, which held a final close on €5.3bn in 2013
Holland Venture backs MedAngel
GP invests alongside the fund manager of the province of Gelderland's innovation fund
HIG exits Kondor in trade sale to DCC Technology
Kondor is HIG's first investment from its тЌ825m HIG Europe Capital Partners II fund
Platina buys Cap Vital Sante
France-based Cap Vital Sante was previously owned by the founder and members of the network
Paragon buys stake in Asic Robotics
Shareholders STS Management and Renaissance Anlagenstiftung will remain invested alongside Paragon