Technology
Volpi kicks off fund III deployment with Xalient buyout
Tech GP says specialist focus gave edge in competitive sale; will grow cybersecurity group with M&A
Fasanara targets USD 110m first close for new fund by year-end
UK-based investor in talks with institutional investors to close USD 350m VC vehicle in H1 2023
DEPO Ventures on the market for EUR 20m startup fund
Czech sponsor targets institutional investors, family offices and angel investors from CEE
Agilitas bolsters team with two new hires in London
Philip Krinks, Arnaud Moreels join pan-European sponsor’s ESG and investment teams
Graphite Capital buys Digital Space from Horizon Capital
IT services business sold to UK-based mid-market sponsor in an SBO
YFM reaps 4x-plus return in Springboard sale to US trade
Acquisition of footfall data analytics group will expand MRI Software’s retail solutions offering
Palatine exits Acora at 3x-plus money in sale to LDC
GP sells minority stake after less than three years invested in the IT managed services provider
Down but not out: UK PE market confident in spite of sterling, macro concerns
Sponsors prepare to weather the storm and seize opportunities emerging from the crisis
GP Profile: Verdane looks to step up portfolio deal deployment
Technology investor plans to keep up the pace of its existing direct investments but expects to see more portfolio sellers
Green Arrow sells Somacis Graphic in SBO to Chequers
Sale of Italian printed circuit boards marks second exit of Milan-based GP’s Fund 3
Junction Growth seeks EUR 100m for energy transition fund
Belgian VC held first close for debut vehicle on EUR 75m with commitments from PMV, EIF
Corsair-backed IDNow halts sale plans amid valuation gap
Informal talks held with potential bidders in the summer; EUR 60m debt line arranged last month
DPE raises EUR 708m continuation fund for two IT consultancies
German GP’s new vehicle backed by AlpInvest, HarbourVest Partners and Pantheon Ventures
Trind VC closes new seed-stage fund on EUR 55m
Fund II has EIF, Tesi, LHV Pension Funds and Swedbank Investment Funds in its LP base
Kharis, Verlinvest lead USD 80m round for Not So Dark
Series B takes French food-tech delivery startup’s total funding to USD 105m
Stirling Square buys Eurofins Digital Testing for EUR 220m
Mid-market GP is deploying 2020 Fun IV in primary carve-out from French laboratories company
Iris bolsters Paris and Berlin teams with two hires
VC firm poaches Nicolas Herschtel from InfraVia and Silvia Ersetti from Gorillas
DTCP holds first close on USD 300m for new growth fund
Deutsche Telekom-backed firm received commitments from SoftBank and institutional investors
The Bolt-Ons Digest – 16 September 2022
Unquote’s selection of the latest add-ons with A&M's Ayesa, BC Partners' Valtech, Advent's IRCA, EQT's IVC Evidensia and more
BADideas.fund targets up to EUR 15m for debut vehicle
Early stage investor has seen interest from LPs active in startup space
Access holds EUR 306m final close for second co-investment fund
Paris-headquartered GP surpassed its EUR 300m target for the fund, which plans to make 16 investments
InnovaFonds hires HSBC’s Bouchery as investor relations head
Nicolas Bouchery will be responsible for overlooking the firm’s relationship with its institutional investors
Northzone raises EUR 1bn-plus for Fund X
New vehicle is the largest raised by the Nordic VC and will target deals at all funding stages
Vitruvian starts fundraising for VIP V
New vehicle registered this month; presented to Los Angeles-based LPs