Technology
GP Profile: Greenpeak Partners on emerging manager fundraising and specialisation
Buy-and-build specialist looks for portfolio add-ons as it contemplates hitting the road for a new fund in 2023
Summa opens North American office
Three existing partners will lead the California office, which is the GPтs first beyond Europe
IK Partners readies Nomios for upcoming sale process
Bank of America will advise on the auction for the Dutch IT services group, formerly known as Infradata
Cornerstone VC holds GBP 20m first close for debut fund
Investments will target UK tech-enabled businesses at pre-seed and seed stage led by diverse teams
Gilde Equity exits Avinty to Main Capital
Dutch e-health solutions supplier is software specialist's first move into healthcare
TPG Growth invests in lyric library Musixmatch
The sponsor closed its latest growth fund in August 2021 at USD 3.6bn, and has seen fast deployment
Advent invests PE-backed Seedtag with EUR 250m-plus deal
Deal for Spanish digital ads firm marks partial exit for Oakley Capital, Adara and All Iron Ventures
Synova V holds first and final close on GBP 875m hard-cap
The fund has a GBP 250m pool earmarked for smaller deals and expects to make a handful of DACH and Nordics investments
Oakley to combine Grupo Primavera with Silver Lake's Cegid
Merged software groups valued at EUR 6.8bn; Oakley becomes minority investor alongside KKR and AltaOne
DBAG prepares Cloudflight for sale launch late this year
GP aims for 20x EBITDA valuation for German IT services and software consultancy
World Fund leads EUR 128m raise for quantum computing group IQM
Series-A2 for Finnish startup focused on combating the climate crisis also backed by the EIB
AM Ventures holds EUR 100m final close for debut fund
Industrial additive and 3D printing VC expects to make two to three deals this year
VC Profile: Vektor Partners backs tech mobility transformation with new fund
VCтs debut fund has a EUR 175m hard-cap and aims to back startups with initial tickets of EUR 3m-EUR 5m
Tenzing sells CitNOW to Livingbridge; reaps 9.6x return, 74% IRR
The vendor will continue to back the UK-based car dealership software group via other funds
Epiris buys Sepura in EUR 159m carve-out deal
UK-based manufacturer of digital walkie-talkies was divested by Chinaтs Hytera Communications
FPE Capital invests in Dynamic Planner
Deal for the financial software provider marks second platform investment from GBP 185m Fund III
COI Partners launches DACH growth fund with EUR 120m target
GP's first institutional fund will invest on a 50:50 basis alongside the sponsor's own deal-by-deal vehicles
Crédit Mutuel Equity boosts German deal hunt with new appointments
Crédit Mutuel Group-backed evergreen fund to plough “several hundred million euros” in DACH
The Bolt-Ons Digest – 13 July 2022
Unquote’s selection of the latest add-ons with Ardian's Aire, Kester's Rephine, Arta/KKR's Alvic, Capiton's Dec Group, and more
Motive raises USD 2.54bn across Fund 2 and co-investment vehicles
GP's USD 1.8bn Fund 2 is 3.7x the size of its predecessor and expects to make 15-18 deals
August Equity to target GBP 400m in fundraise for upcoming sixth fund
Fundraising plans come following several exits from the GPтs 2016-vintage fourth fund
Partners Group hires ZF's Scheider as head of private equity
Car parts maker CEO will join the Swiss GP’s headquarters in Baar-Zug in early 2023
Hg to launch sale of business messaging group Commify
Moelis-led auction is expected to see the UK-based company marketed off EUR 25m EBITDA
Mobeus reaps 4.4x money, 64% IRR on Access Partnership MBO to Mayfair
UK-based technology public policy consultancy seeks to develop via M&A