Technology
Inflexion explores sale of Automotive Transformation Group
UK-based automotive software solutions provider is expected to be marketed off GBP 15m in a sale led by Houlihan Lokey
Main sells LOCATIQS to PE-backed Sogelink
Owned by Keensight, the combined group will have around EUR 120m revenues and will seek further acquisitions
Volpi exits Version 1 to Partners Group
The Jefferies-led auction also saw Apax, OTTP, Cinven and Bain compete for the Irish IT solutions group
Verdane leads USD 190m growth round for Instabox
Sponsor will roll its stake in Porterbuddy, which was recently acquired by Instabox, and invest new capital in the Swedish e-commerce shipping group
Bowmark buys workflow automation provider WSD
GP will seek to expand London-based companyтs product development and grow in North America, Europe and Asia
Main sells Obi4wan to PE-backed Spotler
Exit to CNBB portfolio company Spotler Group ends a holding period of almost six years
Tilt Capital holds first close for debut energy transition fund
Co-founder Nicolas Piau speaks to Unquote about the GP's Siparex partnership. fundraise and strategy
Convent Capital holds first close for Agri Food Growth Fund
Growth capital vehicle will invest EUR 5m-EUR 20m per deal and has made its first investment
Getir backer Re-Pie launches EUR 70m VC fund
Re-Pie Ventures 1 plans to hold a first close by the end of 2022, general partner Mehmet Ali Ergin said
Capital Croissance gears up for Smart AdServer exit
GP bought a majority stake in the France-based digital advertising platform from Cathay in 2021
Inovexus gears up for seed investments in AI, blockchain, metaverse startups
Evergreen fund's LPs include Crédit Agricole, according to Inovexus CEO and founder Philippe Roche
Scout24 eyed by buyout groups including H&F, EQT, Permira
The downward trend in its share price has put the German real estate marketplace back on the radar of cash-rich sponsors
JamJar closes second fund on GBP 100m
JamJar Fund II is the consumer technology-focused first fund with institutional investor backing
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
Nordwind reaches first close for debut technology fund
GP has been making technology investments deal-by-deal since 2012 and is now raising a EUR 160m fund
Main Capital creates software group enventa after four DACH deals
With EUR 25m in combined revenues, new buy-and-build platform will focus on ERP, business intelligence and financial solutions
Adelis launches majority stake sale of Knightec
GP is being guided by Carnegie in the exit from the Swedish technology consultancy
Ufenau VII closes on EUR 1bn hard-cap
Switzerland-based buy-and-build specialist plans to make 13-15 platform deals from the fund
Lightrock announces promotions, board appointments
Impact investor expects to turn its focus to new deals in 2022 and grew its team by 30% in 2021
FSN readies IT consultancy Nordlo for exit
Danske Bank is among advisers in the upcoming auction, which could see the Sweden-based asset marketed off EUR 25m-30m EBITDA
Hg invests in EQT, TA backed IFS and WorkWave
EQT VIII exits majority of its positions and reaps 3x money after two years invested in the cloud software companies
Growth Capital Partners V holds GBP 260m final close
UK-based GP aims to provide flexible capital for UK-based technology, services and industrials SMEs
GP Profile: Patrimonium Private Equity aims for full fund deployment and add-ons in 2022
Swiss sponsor has EUR 150m in fund commitments and expects two to three more platform deals this year
Connection Capital exits Tempcover to RVU for 5x money
London-based RVU owns Uswitch, Confused.com, and Money.co.uk