Sector
GMT and Veronis buy IT-Ernity from Nedvest
GMT Communications Partners and Veronis Suhler Stevenson have bought a majority stake in IT-Ernity from Nedvest Capital.
NBGI appoints food & drink industry veteran as senior adviser
UK-based NBGI Private Equity has announced the appointment of Tim Kelly т who has previously worked for Hovis, Coca-Cola Enterprises and Guinness Bass Import т as a senior adviser.
Earlybird Venture et al. invest $2.8m in Versus IO
Earlybird Venture Capital, 500 Startups, High-Tech Gründerfonds (HTGF) and two angel investors have backed product comparison platform Versus IO in a $2.8m series-A funding round.
Sofina leads €25m round for Privalia
Belgian investor Sofina has led a €25m funding round for Spanish clothing sales club Privalia Venta Directa.
AnaCap sells Cabot to JC Flowers
AnaCap Financial Partners has sold Cabot Credit Management (CCM) to JC Flowers in a secondary buyout worth a reported ТЃ800m.
BlackFin backs finanzen.de
BlackFin Capital Partners has invested in finanzen.de AG, taking a majority stake in the business.
HIG kicks off Nordic activity with Freedom Finance buyout
HIG Europe has completed its first investment in the Nordic region with the acquisition of consumer loan broker Freedom Finance Nordic.
Bayside and LBO France inject fresh money into Consolis
Bayside Capital and owner LBO France have respectively injected €45m of new debt and an equal amount of fresh equity into the refinancing of Belgian concrete manufacturer Consolis.
Inventure and Nexit back $5.2m round for Rightware
Inventure and Nexit Ventures have reinvested in Finnish user interface software developer Rightware, which has closed its $5.2m series-B funding round.
Valar Ventures leads $6m round for TransferWise
Valar Ventures, which was set up by Facebookтs first outside investor and Paypal co-founder Peter Thiel, has led a $6m series-B funding round for London-based currency exchange site TransferWise.
SEP backs €16m Mister Spex round
Scottish Equity Partners (SEP) has joined a €16m round of funding for German online optician Mister Spex.
Dubai International's Mauser extends 96% of debt
German industrial packaging manufacturer Mauser, which is owned by Dubai International Capital, has extended the maturities of 96% of its €695m senior debt, revolver and acquisition facilities.
3i sells HTC Sweden to Polaris Private Equity
3i has sold its 36.5% stake in flooring solutions manufacturer HTC Sweden to Polaris Private Equity.
PAI partners sells FTE Automotive to Bain, reaps 3.3x overall return for fund III
PAI partners has agreed to sell its 90% stake in German hydraulic clutch and brakes provider FTE Automotive to Bain Capital in a secondary buyout.
LDC sells Eve Trakway to Ashtead
LDC has sold temporary traffic systems and management supplier Eve Trakway to rental equipment provider Ashtead Group plc for ТЃ28m, a 2.5x multiple on the firmтs original investment.
EQT to acquire IP-Only for SEK 680m
EQT has agreed to acquire IP-Only Telecommunication AB, a Swedish fibre-based data communication provider.
Equita acquires MEN Mikro Elektronik
German private equity house Equita has acquired MEN Mikro Elektronik, an embedded electronics manufacturer, in a deal that values the company at €25-50m.
Oakley Capital sells Headland for £15.5m
Oakley Capital Investments has sold news services provider Headland Media Ltd to KVH Industries in a deal that gives the firm an enterprise value of ТЃ15.5m.
Cinven's Partnership Assurance to float on LSE
Partnership Assurance Group (PAG), a financial advisory company owned by Cinven, has announced plans to float in London in June, in an IPO that could reportedly value the business at up to £1bn.
Verdane Capital exits KSD to Descartes
Direct secondaries specialist Verdane Capital has sold KSD Software Norway AS to The Descartes Systems Group for NOK 190m.
Caixa Capital Risc leads €1.1m round for iMicroQ
Caixa Capital Risc has led a €1.1m funding round for Spanish biotech firm iMicroQ.
Key Capital's Templine acquires A&A Recruitment
Templine Employment Agency Ltd, a recruitment company backed by Key Capital Partners (KCP), has acquired UK-based A&A Recruitment Ltd.
Mercia backs Ventive in series-A round
Birmingham-based venture capital firm Mercia Fund Management has backed low-carbon ventilation product developer Ventive in a ТЃ900,000 series-A funding round.
Calao invests in Contrejour
French GP Calao Finance has provided shutters manufacturer Contrejour with fresh equity.