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Sector

UK records surge in all-equity buyouts
Mercia holds £45.1m first close for EV Growth II

Tech-focused fund will make investments of up to £5m in buyouts and replacement capital deals

  • Funds
  • 07 December 2017
Cloud computing software and services
Main Capital's Roxit bolts-on Brein

Main Capital-backed Roxit wholly acquires Haaksbergen-based software developer Brein

  • Portfolio management
  • 07 December 2017
IT engineers and telecommunications infrastructure
DPE acquires majority stake in AWK

Firm draws equity for the transaction from the €575m buyout fund DPE Deutschland III

  • Buyouts
  • 07 December 2017
Fundraising in dollars
Apax closes digital fund on $1bn hard-cap

New team will be based in the firm's London and New York offices and led by Gigliani and O'Keefe

  • Funds
  • 07 December 2017
Healthtech investments
BPI France to launch medtech fund

GP announces the launch of a €50m fund supporting healthcare tech startups at seed stage

  • Funds
  • 07 December 2017
Mobile sales app
Axa Strategic Ventures leads $12m series-B for ForceManager

Other participants in the round include Nauta Capital, Sabadell, SIE and Histemi

  • Expansion
  • 07 December 2017
Virtual currency Bitcoin
ICOs and venture capital: friends or foes?

With Asgard becoming the first European VC to hold a coin offering for its new fund, ICOs might present opportunities for institutional fund managers

  • GPs
  • 07 December 2017
Data compression and transmission technology
HPE leads $19m series-C for NG Data

Other backers include Idinvest, Pamica, SmartFin, Capricorn and Nausicaa Ventures

  • Early-stage
  • 07 December 2017
Climater installs climate control building infrastructure
Weinberg sells Climater to Sagard

Climater intends to pursue market consolidation in France with further acquisitions

  • Buyouts
  • 06 December 2017
Engineering consultants and services
BGF, First Derivatives invest in AuditComply

Deal is the first to be jointly made by the backers after they announced a strategic partnership

  • Expansion
  • 06 December 2017
Insurtech services and software
CDPQ takes $400m stake in Hyperion

CDPQ joins the UK insurer alongside General Atlantic, which acquired a 33% stake in March 2013

  • Expansion
  • 06 December 2017
Car insurance
Deal in Focus: BC-backed Sabre floats with £575m market cap

IPO of the insurance underwriter raised £206m to acquire shares owned by BC and other investors

  • Exits
  • 06 December 2017
Orchestral music
Tengelmann in €8m series-A for Idagio

Early-stage investor B-to-V Partners increases its commitment alongside new stakeholders

  • Expansion
  • 06 December 2017
Wealth management and private investors
Bridgepoint-backed Primonial buys 40% of LFDE

Financière de l'Echiquier will take over Primonial's asset-management activities

  • Expansion
  • 06 December 2017
Waste disposal service Contenur
Miura, Demeter sell Contenur to US PE firm Acon

Acon Investments takes over with management retaining a significant stake in the business

  • Exits
  • 06 December 2017
Surgery tools and medical devices
Eurazeo to buy C2S from Bridgepoint

Eurazeo Patrimoine enters talks to buy French private clinics operator C2S from Bridgepoint

  • Buyouts
  • 06 December 2017
Slot machines and gaming cabinets
Trilantic's Gamenet sets IPO price

Offering price is €7.50 per share, equating to a market capitalisation of around €225m

  • Exits
  • 05 December 2017
Care homes and elderly care
Nordic Capital buys Alloheim from Carlyle

Reports put enterprise value at €1.1bn, 12.5x the company's €88m projected EBITDA

  • Buyouts
  • 05 December 2017
Betty Blue is a clothes designer based in Italy
Trilantic sells Betty Blue

Transaction sees premium womenswear brand Elisabetta Franchi wholly acquire Betty Blue

  • Exits
  • 05 December 2017
Housing construction
Equistone acquires Fertighaus Gruppe from Adcuram

Under Adcuram's ownership, the group's revenues have increased from €200m to €300m

  • Buyouts
  • 05 December 2017
Fishing trawlers
Broodstock acquires 52% stake in Maritech

Norwegian PE firm targets SMEs in high-growth niche sectors in the seafood industry

  • Expansion
  • 05 December 2017
Targetti Sankey designs and produces lighting systems
DeA sells Targetti to trade

Having completed a restructuring, DeA sells the light fixtures manufacturer to corporate 3F Filippi

  • Exits
  • 05 December 2017
Fundraising in euros
United Ventures holds €75m first close for sophomore fund

Venture capital fund will make early-stage investments in software, ICT and digital tech companies

  • Funds
  • 05 December 2017
Data analysis
Synova-backed Defaqto refinances

New funding package will enable the business to repay shareholder debt and invest in further growth

  • Refinancing
  • 05 December 2017
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