Technology
Ardian's Dedalus sale postponed until September
Owners of Italian software group in “wait-and-see mode” as M&A faces challenging environment
Hg exits Medifox Dan to trade for EUR 950m, nets 4x return
Houlihan-Lokey led auction attracted large-cap sponsors such as BC Partners, Warburg Pincus and Permira
360 Capital holds EUR 45m first close on early stage tech fund
Square II will invest in pre-seed and seed rounds with a focus on French B2B software, consumer disruption, deeptech
Advent begins Idemia premarketing ahead of summer sale launch
French biometrics specialist is expected to be marketed off EBITDA of more than EUR 200m
Main Capital on the road for debut growth fund with more fundraises in sight
New vintage of existing strategies and a healthcare-focused continuation fund are also on the agenda for the software-focused GP, according to founding partner and CEO Charly Zwemstra
Synergia plans EUR 200m Fund VI final close by end of 2022
GP is targeting family offices and entrepreneurs and aims to hold a EUR 150m first close by the end of June
Spire Capital gears up for first close for EUR 110m fund
Polish tech-focused sponsor is centring fundraising efforts for its debut vehicle on institutional LPs
Unigestion launches third Direct fund with EUR 1bn target
Strategy invests in mid-market companies alongside the GP's investment partner network
GP Profile: Kyip Capital on debut fundraising, opportunities in Italian education
After interim close, Milan-based fund seeks up to EUR 165m by early 2023; eyes deals to grow data validation business and university platform
Mentha enters Denmark with EUR 250m Fund VII ready to deploy
GP is planning one deal a year for new market entry following BWB Partners team onboarding
Oakley Capital reaps 10x on Contabo exit to KKR
Vendor will reinvest GBP 37m in the Germany-based cloud infrastructure and hosting provider
Foresight Capital exits Codeplay Software in trade sale
GP is to reap 15.7x MOIC and 100% IRR on the sale of the AI integration software
3i to buy majority stake in xSuite from Pinova
Vendor and management team will reinvest in the German accounts payable process automation specialist
Genesis holds EUR 150m final close for GPEF IV
Czech Republic-headquartered GP reached its hard-cap with a EUR 15m commitment from the EBRD
FPE Capital bolsters investment team
Sam Greenberg joins as GP starts deploying recently closed FPE Fund III
SGT Capital at halfway point of USD 2bn fundraising ambition
USD 800m first closing coincides with regulatory approval for Utimaco acquisition
Graphite Capital exits Random42 in trade sale
GP sold medical animation studio acquired in 2017 to US-based medical communications agency, Lockwood Group
Carlyle sells Euro Techno Com to Cinven
Buyer competed alongside BC Partners, PAI, CVC and Brookfield in Goldman Sachs-led auction
Baird Capital exits Crisp Thinking to Kroll
GP invested GBP 19m for a minority stake in the social media monitoring firm in 2018
Revaia aims for EUR 400m - EUR 500m final close for Fund II by year-end
VC firmтs second fund is expected to be up to double the size of its EUR 250m debut vehicle
Synthesis Capital holds USD 300m final close for debut fund
Costa Yiannoulis and David Welch spoke to Unquote about the food technology and alternative protein VC's strategy
Raise heads for second close for debut impact VC fund
French sponsor seeks to attract state-backed LPs for new strategy targeting ESG-focused startups
Ufenau acquires EinzelNet in first deal with Fund VII
Management and founders will retain a 25% stake in the Spanish IT services group; bolt-ons planned under new owner
Advent raises USD 25bn for GPE X
Around 40% larger than its predecessor, the new fund was raised in less than six months, managing director Johanna Barr tells Unquote