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Sector

Electrician training and apprenticeships
Klar to acquire Finnish installation company QMG

GP will merge QMG with its recently acquired Swedish portfolio company Sandbackens to create a new group

  • Buyouts
  • 25 June 2021
Smart city developers and Internet-of-Things companies
Perwyn buys majority stake in JT's IoT division

Jersey Telecom will retain a minority stake in the company, which is valued at £200m

  • Buyouts
  • 25 June 2021
Pharmaceuticals
ArchiMed buys Stragen Pharma

GP is investing via its €1bn Med Platform I, which backs healthcare firms with EVs of at least €100m

  • Buyouts
  • 25 June 2021
Speedboats and outboard motors
Altor, Goldman Sachs sell Navico to trade in €880m deal

Altor exits the company 15 years after creating the company by merging Simrad Yachting and Lowrance Electronics

  • Exits
  • 25 June 2021
Gaming PCs
Argand, Genui-backed Cherry to float in €778m IPO

Computer hardware firm was valued at around €200m when Argand took a majority stake in 2020

  • Exits
  • 25 June 2021
Curtains and associated textiles
Graphite Capital sells Performance Timber to trade

Acquisition by Bergs Timber values the company at SEK 140m and ends a 12-year holding period

  • Exits
  • 24 June 2021
Fundraising in dollars
Leta launches $100m fund to back Russian-speaking founders

GP will focus on eastern European and Russian-speaking founders who it believes are undervalued and overlooked for funding

  • Venture
  • 24 June 2021
Financial advisers and investment managers
Epiris sells Saunderson House in £150m trade sale

GP acquired IFG Group in 2019, subsequently splitting it into Saunderson House and James Hay

  • Exits
  • 24 June 2021
Mountain biking and sports equipment
Riverside-backed Bike24 to list in €662m IPO

Riverside acquired Bike24 in 2015, selling it to Bridgepoint's Wiggle-CRC and buying it back in 2019

  • Exits
  • 24 June 2021
Business intelligence and financial reports
High-Tech Gründerfonds to launch fourth seed fund

Fund expects to launch its official fundraising process in September 2021, subject to BaFin approval

  • Venture
  • 23 June 2021
Radio communications tower
Priveq sells Scanmast to trade buyer for €24m

As part of the acquisition, Scanmast CEO Ann-Charlotte Andersson also acquires shares

  • Exits
  • 23 June 2021
Healthcare apps and software
Emeram sells Meona to Trill Impact

GP bought the clinical software platform in 2017, investing via its €400m debut fund

  • Exits
  • 23 June 2021
Glass bottles
LBO France hires Ethica for Vetroelite exit

Auction for the Italian specialist containers manufacturer is expected to kick off in September

  • Exits
  • 23 June 2021
Housemates and flat shares
Accent exits kitchenware retailer Cervera in sale to trade

Under Accent's ownership, the company's revenues increased by more than 70%, and EBITDA nearly tripled

  • Exits
  • 23 June 2021
Automotive leather interiors
PAI buys Pasubio from CVC

CVC bought Pasubio in 2017 through its CVC Capital Partners VI fund

  • Buyouts
  • 23 June 2021
Fintech and currency exchange platforms
Blackstone leads €665m round for software developer Mollie

Company will use the funding to scale up its team, expand globally, and further develop its technology

  • Expansion
  • 23 June 2021
Surgery software and tools
Healthcare valuations heat up as high-profile assets crystallise competition

Healthcare sector saw multiple valuations pick up in Q1 2021 and hit a record high of 13.7x

  • Healthcare
  • 23 June 2021
European fund raise
ABN Amro launches €425m Sustainable Impact Fund

Fund will make PE and VC investments in the Netherlands and neighbouring countries

  • Buyout
  • 23 June 2021
Shower heads and bathroom fixings
Waterland to acquire Norwegian company Bano

Waterland is currently deploying equity from its eighth fund, which held a final close on €2.5bn

  • Buyouts
  • 22 June 2021
Enterprise software
Oakley Capital acquires Primavera for Ekon merger

GP invests via Oakley Capital III fund, will combine the asset with existing portfolio company Ekon

  • Buyouts
  • 22 June 2021
Starter motors and engine parts
One Equity Partners acquires Brush Group

OEP has also supported Brush in its acquisition of electrical engineering company Aprenda

  • Buyouts
  • 22 June 2021
Product testing and quality control
IK to sell Veritas Petroleum Services to Fremman Capital

Fuel testing company was reportedly marketed off EBITDA between €18-20m

  • Buyouts
  • 22 June 2021
Sushi and Asian food
Bridgepoint buys minority stake in Itsu

GP intends to back Itsu's growth plans after a challenging year for the restaurant and bar sector

  • Expansion
  • 22 June 2021
Cybersecurity firms
August Equity invests in Integrity360

GP intends to support the cybersecurity firm's management with acquisitions across Europe

  • UK / Ireland
  • 22 June 2021
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