Sector
ECM buys driving school support service Academy
GP is acquiring a majority stake in the driving school support service via its €325m GEP V fund
TDR Capital to take Arrow private in £563m deal
Offer price represents a premium of 33.4% to the closing price of 230.5 pence per share on 5 February 2021
Aurelius acquires AutoRestore
Acquisition is intended to complement Aurelius's other portfolio companies in the vehicle fleet services sector
Lugard Road, Luxor Capital lead €450m round for Glovo
Round also sees participation from previous investors, including Delivery Hero, Drake Enterprises and GP Bullhound
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of €250m and target of €200m for MTIP Fund II
Endless exits Carpet & Flooring in trade sale
GP acquired the carpet and flooring division of listed building products company SIG in early 2017
PM & Partners backs Cytech
GP buys the business from founders Stefano Coccia and Marino De Marchi, who will both reinvest in the deal
Parsley Box floats in £84m IPO, Mobeus reaps 4.2x return
Mobeus sells one third of its holding, while remaining as the largest institutional shareholder in the business with a 14% stake
Mid Europa acquires MCI-backed e-commerce platform Pigu
MCI will reinvest in the deal, which also sees Pigu merge with Estonia-headquartered Hobby Hall
Bregal to acquire Afinum's Perfect Drive Sports Group
Bregal announced the deal in conjunction with the €1.875bn close of Bregal Unternehmerkapital III
UV T-Growth Fund holds €100m first closing
Fund targets late-stage companies, primarily across the 5G, AI, cybersecurity, cloud and Internet-of-Things sectors
EQT in exclusivity to acquire Cerba from Partners Group
Medical diagnostics business has previously been backed by sponsors including Astorg, IK and PAI
L Catterton gears up for fifth European fund
Vehicle makes majority investments in companies operating across the consumer industry in Europe
Astorg buys majority stake in Five Arrows-backed Opus 2
Five Arrows bought a minority stake in the legal technology company in 2017 and will now reinvest
Verlinvest leads $100m series-C for Everli
New investors Luxor, DN, C4 and Convivialité also take part in the round, alongside FII, 360 Capital, Innogest and DIP
Astorg in exclusive negotiations for CVC's Corialis
SBO will be the fifth PE buyout for the aluminum door and window systems producer since 2004
Eurazeo Brands buys majority stake in UPD for €68m
GP plans to further develop the company's digital and e-commerce capabilities, while boosting its expansion
CapVest sells Eight Fifty to Sofina Foods
Combined group is expected to employ 13,000 staff across 44 sites and generate $6bn in annual revenues
Back to school: education dealflow heats up as pandemic settles
Digital opportunities and long-term growth drivers have resulted in an influx of deals in recent weeks, with more in the pipeline
General Atlantic leads $145m round for Staffbase
Round for the employee communications software is the fifth-largest in DACH so far in 2020
DBAG buys majority stake in R+S Group
Equity investment of €15m is from DBAG's balance sheet and is intended to be a long-term investment
CVC buys Ethniki Insurance in €505m deal
GP invests in the company via CVC Capital Partners VII, which closed on €15.5bn in June 2017
Gyroscope Therapeutics raises $148m in Forbion-led series C
Series-C round for the gene therapy company is led by Forbion’s Growth Opportunities Fund
Nordic Capital nets strong return on €2.1bn Itiviti trade sale
GP had delisted the trading technology and services provider in 2012