Technology
Eurazeo et al. sell PeopleDoc to trade
US-listed Ultimate Software buys France-based PeopleDoc, a cloud-based HR delivery system
Seaya et al. in €115m series-C for Glovo
Delivery platform will invest in recruitment and product development following the deal
BlackFin holds €180m final close for tech fund
Having held a first close a year ago, BlackFin Tech Fund 1 surpasses €150m target
HPE Growth backs $50m funding round for PPro
Round is led by PayPal with participation from Citi Ventures, the CVC arm of Citi Group
Tech buyouts bolster UK mid-market activity in H1
High multiples in the TMT space have played a part in driving activity in the UK mid-market over the first half of 2018
AP Ventures launches two funds with $200m commited
New vehicles will inherit seed investments made by PGM producer Anglo American Platinum
Equistone sells Caseking to Gilde
Equistone makes the divestment from its fourth fund, which closed on €1.5bn in 2013
Pinova buys WMD Group
GP draws equity from Pinova Capital Fund 2, a €180m vehicle that held a final close in January
Elvaston buys Futura Retail Solutions
Management has retained a substantial stake and operational control of the business
Abry Partners sells Basefarm to trade
PE-backed Norwegian IT services company Basefarm is acquired by France-based corporate Orange
Alven, Idinvest inject $45m into Meero
After a funding round in Q4 2017, commercial photography specialist Meero attracts new capital
TA-backed Datix agrees RL Solutions merger
Healthcare software firm Datix is backed by TA Associates since its investment in May this year
VC firms back CHF 13.7m series-A for Allthings
Round is led by Earlybird and Idinvest Partners with participation from Kingstone Capital
TA backs Norway-based Compusoft
TA says it expects demand for kitchen and bathroom modelling services to rise across Europe
Maven in £2.8m round for P2P lending platform Lending Works
Previous backer NVM, along with Pollen Street and business angels, bring in ТЃ800,000
Conor Venture et al. inject further $13.4m into Verto
Consortium is led by Conor Venture Partners, Open Ocean Capital and Finnish Industry Investment
PE-backed FNZ Group buys EBase for €151m
Sale is expected to generate a positive non-recurring income before tax of €85m for Comdirect
Permira's Exclusive Group buys NextGen
Exclusive Group sets foot in the Irish market following the тЌ1.3bn buyout by Permira earlier this year
Marcorp leads $20m round for PaySend
UK fintech company PaySend plans to roll out additional services as it focuses on global growth
Eight Roads leads £14m series-B for Moneybox
Existing investors Oxford Capital Partners and Samos Investments are also taking part
EQT Ventures invests €23.4m in BIMObject
Capital will be used to accelerate growth of users and customers on BIMObject's digital platforms
Nauta et al. in $5m series-A for Lodgify
Existing investor Howzat Partners and newcomer Intermedia Vermögensverwaltung also take part
EQT sells Sportradar to CPPIB and TCV for €2.1bn
EQT will reinvest a portion of the sales proceeds and CEO Carsten Koerl will retain his stake
Redalpine and Swisscom sell Bexio to Mobiliar
Sale of the enterprise software company generates returns for Redalpine Capital II