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Procuritas merges 12 IT companies to create Frendy
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
HIG prepares Conet for H2 2021 auction pipeline
Sponsor appoints GCA Altium to advise on the sale of the €25m-EBITDA business
Keensight to buy Adista from Equistone
Company is aiming to double its revenues from €153m in 2020 to €300m by 2025
Aurica buys minority stake in Babel
GP invests in Babel via its third fund, which is dedicated to growth capital investments in mid-market companies
Platinum Equity buys Urbaser for €3.5bn
GP intends to support the company in accelerating its expansion both organically and through targeted M&A
Gyrus carves out PwC Italia's consulting business
Gyrus intends to expand the company's team and further broaden its product offering in Italy and internationally
Advent-led group buys Hoist from Accent Equity
Company’s turnover and EBITDA tripled under Accent's ownership
CVC buys BIP from Apax
GP invests in the company via CVC Capital Partners Fund VIII, which closed on €21.3bn in July 2020
PAI Partners backs Apave
GP is investing alongside Gapave, which will remain the largest shareholder in the company
Advent exits Circet to ICG
Sale ends a three-year holding period for Advent, which bought the company from CM-CIC Investissement
Macquarie buys Wavenet from Beech Tree
Macquarie intends to boost the company's growth and provide a renewed focus on strategic acquisitions
Palatine sells TTC Group to management
TTC had reportedly been affected by the lockdowns caused by the pandemic
EQT sells StormGeo to Alfa Laval in €363m deal
Deal gives the company an enterprise value of NOK 3.6bn (€363m), which is 17.7x its 2020 EBITDA
Varenne sells Pema to VC-backed JobAndTalent
Trade sale comes a decade after the Swedish GP first invested in Pema in 2011
ECI looking to kickstart CPOMS sale after summer
GP appoints GCA Altium for the upcoming sale of the educational safeguarding software provider
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting €550m
Capidea acquires Obsidian Group
Deal follows an auction process initiated by the company at the end of summer 2020 and was led by Deloitte.
GCP invests in Hippo Digital for minority stake
Deal is the second investment for GCP's fifth fund, which was registered in Q3 last year
Nordic Capital nets strong return on €2.1bn Itiviti trade sale
GP had delisted the trading technology and services provider in 2012
Semantix owner Segulah preps exit with William Blair
Semantix was originally established in 1969 and was acquired by Segulah in 2015
GCP secures minority stake in Bridewell Consulting
Deal is the first investment for Growth Capital Partners Fund V, which was registered in Q3 last year
Queen's Park Equity backs MBO of Encore Group
Founding partners Stephen Chard and Neil Robinson will also retain a stake in the business
Ethos invests in People Value
In addition to the equity deployed by Ethos, Harwood Private Capital provides senior debt to support the deal
Activa Capital buys Cityzen
This is the first deal made by Activa Fund IV, which recently held a first close on more than €100m