Technology
KKR invests in Körber
Körber is a global supply chain software business founded in 1995
Proprietes-privees.com attracts several PE players ahead of first-round bids
Alantra is advising vendor Sparring Capital on the sale of the real estate online platform
Hg invests in Bowmark-backed Pirum
Hg and Bowmark share joint control of Pirum with the company's management team retaining a significant stake
Grocery delivery startup Flink closes USD 750m Series B round
German grocery delivery startup has comfortably exceeded unicorn status in just a year since inception
ECI sells Content+Cloud for 4.1x money
Sale of the IT service and digital consultancy ends a five-year investment period
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
TCV-backed Grupa Pracuj lists in EUR 1bn IPO
TCV first invested in the Poland-headquartered online recruitment platform in 2017
VCs support USD 475m first close of Monzo's latest round
Bank is expected to raise more than USD 500m on the round's second close at a USD 4.5bn valuation
Permira in USD 5.8bn Mimecast take-private
Announcement follows a series of discussions with potential strategic and financial investors
Inflexion taps Harris Williams for upcoming Alcumus exit
Private equity suitors could preempt the auction given the popularity of the space
Providence sells Tes Global to Onex
Providence originally acquired the education software provider in an SBO from TPG Capital
Inflexion invests in WithWise
GP takes a minority stake in the UK-based staff management platform for logistics delivery firms
Vitruvian's Bitdefender hires advisers for IPO-led exit
Romanian cybersecurity company appoints JP Morgan and Morgan Stanley for a dual-track process
Gilde buys minority stake in Emeram's Init
Emeram bought a majority stake in the digitalisation consultancy in 2019 via its EUR 400m debut fund
Kinnevik leads USD 500m round for JobAndTalent
Series E, which also features SoftBank Vision Fund 2, gives the company a USD 2.35bn valuation
Speedinvest launches EUR 80m Climate & Industry Opportunity fund
Fund is intended to back the VC's existing industrial and climate technology startups
Partech closes second growth fund on EUR 650m
Second vehicle is significantly larger than its predecessor, Partech Growth I, which raised EUR 400m in 2015
Tenzing raises GBP 100m Belay Fund
Vehicle can invest up to GBP 150m and will back the GP's Tenzing II portfolio companies
EQT looking at Sitecore stake sale
Morgan Stanley and Goldman Sachs are advising the Swedish buyout group on the process
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
UVC holds final close for third fund
UVC Partners has a deployment capacity of EUR 255m with its flagship fund and new Opportunity Fund
Tencent leads GBP 60m round for Ultraleap
Company develops haptics hardware technology, allowing touch-free interaction with devices
Carlyle clinches AutoForm in SBO from Astorg
Permira, Onex, EQT, KKR and Hellman & Friedman, as well as industry players, were also tipped as potential bidders
Bregal, Armira go head to head for IK Multimedia
Management, advised by GCA Altium, has selected offers of more than 10x EBITDA