Sector
Vivalto Partners buys majority stake in Vivalto Santé
New investors IK Partners and Hayfin are backing the deal, as well as incumbents such as Mubadala
Speedinvest launches EUR 80m Climate & Industry Opportunity fund
Fund is intended to back the VC's existing industrial and climate technology startups
IK to buy Renta Group from Intera
Intera formed the construction machinery and equipment firm in 2015 via a three-company merger
Partech closes second growth fund on EUR 650m
Second vehicle is significantly larger than its predecessor, Partech Growth I, which raised EUR 400m in 2015
Tenzing raises GBP 100m Belay Fund
Vehicle can invest up to GBP 150m and will back the GP's Tenzing II portfolio companies
CapVest, Duke Street in second round for Evergreen Garden Care
Vendor Exponent is expected to collect final offers at the beginning of December
VCs in USD 156m round for Quell Therapeutics
Series B for the Treg therapy developer was led by VCs including Jeito Capital and Ridgeback Capital
Searchlight invests in Celestyal Cruises
Searchlight is investing in the cruise operator via its Searchlight Opportunities Fund
Motorway raises USD 190m in Series C
Index Ventures and Iconic Growth have co-led a USD 190m funding round for Motorway, valuing the UK-based used car sales platform at more than USD 1bn.
PAI, OTPP join forces in final leg of Veonet auction
Consortium may be well placed to clinch a deal for the Nordic Capital- and Palamon-backed ophthalmology group
First bids due for TA's Laboratoires Vivacy
TA Associates made an undisclosed investment in Vivacy in 2019
LBO France buys ID Market, Sourcidys
GP is investing via its Mid Cap strategy and will merge the B2C and B2B home and gardening retailers
21 Invest admits four to next round of Carton Pack sale
Sponsors still in the mix include White Bridge and Alvarez & Marsal Private Equity
Livingbridge exploring Network Plus Sale options
Rothschild is advising on the process, which is in the early stages, according to several sources
Bencis sells TBAuctions in SBO to Castik
Bencis formed TBAuctions in 2018 when it combined BVA Auctions with Troostwijk Veilingen
Capiton holds EUR 504m final close for sixth fund
Capiton VI is now 36% deployed across seven deals and expects to make up to 15 platform investments
Naxicap explores sale of Ondura
French roofing and building waterproofing specialist generates around EUR 60m in EBITDA
EQT looking at Sitecore stake sale
Morgan Stanley and Goldman Sachs are advising the Swedish buyout group on the process
Intertrust draws interest from Apex Group
Rival approaches took place after Intertrust unveiled an exclusivity agreement with CVC on 12 November
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
TA Associates buys Ambienta's Nactarome
TA beat contender Apax, which came second in the auction for the Ambienta-backed company
CVC exits Etraveli in EUR 1.63bn trade sale
CVC acquired the online flight booking platform from ProSiebenSat.1 in 2017 in a EUR 508m deal
IK, Asian strategics in final sale round for Schwind
Sell side is aiming to deliver on high price expectations for the asset
Advent, Centerbridge to launch Aareal Bank takeover
Advent already owns a stake in Aareon, the property ERP software unit of Aareal Bank