Technology
Bolt closes EUR 600m funding round
Investors include Sequoia, Tekne, Ghisallo, G Squared, D1 Capital and Naya
Livingbridge acquires IT service North from Aliter Capital
Aliter Capital formed North via a buy-and-build strategy for portfolio company Boston Networks
Bregal Milestone to launch second fund
European growth technology investor held a final close for its debut vehicle in 2018 on EUR 400m
Tiger Global leads USD 175m round for Contentful
Berlin-headquartered mobile application and digital content developer is valued at USD 3bn
Belgian unicorn Odoo raises USD 215m from Summit
Sofinnova Partners sells shares, with the latest valuation being a 149x jump on its 2010 investment
FPE invests in employee benefits software Zest
Deal is the 10th platform investment from FPE's GBP 100m, 2016-vintage, second fund
Panakès Partners holds EUR 150m first close for second fund
Vehicle's target has been extended to EUR 180m and the fund will focus on medtech and biotech deals
Keensight exits Asti Mobile Robotics to trade
GP bought a stake in the autonomous mobile robots developer in 2019 via its 2014-vintage fourth fund
Nordic Capital buys majority stake in VC-backed Duco
Financial data management software raised USD 28m from VCs including Eight Roads and Insight in 2018
Revolut raises USD 800m Series E at USD 33bn valuation
Company becomes the second most valuable fintech in Europe, behind Sweden's Klarna
Verdane steps up DACH activity with four new investments
GP has made a growth investment in Meister and majority investments in PremiumXL and Remember
Permira makes EUR 1.9bn investment in Adevinta
Deal will see eBay decrease its stake in Adevinta as part of the acquisition of eBay Classifieds
Ufenau sells Swiss IT Security to Triton for 12x money
GP also netted 150% IRR on the sale, having acquired the company in 2017, and following 17 add-ons
Bain Capital, Thrive lead €126m round for Pleo
Company was founded six years ago and has since raised nearly €200m over three funding rounds
True holds £275m final close for third fund
Consumer-focused GP raised the fund in a six-month virtual process and surpassed its £250m target
Ashridge scores 1,439% IRR on Marclay after four-month hold
Ashridge invested in the UK-based cybersecurity and incident response firm in February
Bid Equity sells Myneva to Summa
Bid Equity had reportedly mandated GCA Altium to consider sale options at the beginning of the year
Unigestion holds €611m final close for second Direct fund
Fund surpasses its €600m target and is more than 40% deployed
Polaris sells ProData Consult to Axcel
Axcel reportedly pays nearly DKK 2bn (€269m) for the company, suggesting a 13.3x EBITDA multiple
Carlyle injects €60m into Inova
GP invests via Carlyle Europe Technology Partners IV, a €1.4bn fund closed in 2019
Livingbridge buys majority stake in VC-backed Semafone
Octopus Ventures and BGF exit the data security and compliance software developer
Five Arrows invests £120m in Causeway Technologies
Deal follows the GP's £300m SBO of Sygnature Discovery from Phoenix Equity Partners
Altor buys Palette Software from Monterro
Monterro's exit comes six years after it acquired a minority stake in the company
Hg, Vista Equity Partners to sell Allocate to trade
Sources told Mergermarket in May that the company could fetch a valuation of around £1bn
