Technology
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
Gro-backed Trifork to list in €400m IPO
Planned exit comes six years after software investor Gro Capital invested €6m in Trifork for a 20% stake
Digital+ Partners gears up for fundraise
GP focuses on later-stage B2B technology companies and closed its previous fund in 2018 on €350m
PE funds raised in pandemic increasingly target TMT opportunities
GPs' origination preferences and 2020 investment volume have already shown a clear shift to technology investments, with new fundraises following suit
Sentica exits Finnish IT company Solteq
Exit comes 11 years after the GP, via Sentica Buyout III, invested in Descom, which was acquired by Solteq in 2015
Abénex backs medical imaging software provider EDL
GP plans to support the company in boosting its organic growth and accelerating its expansion through targeted add-ons
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Eurazeo invests in I-Tracing in €165m deal, Keensight exits
Following the deal, Sagard NewGen invests as a minority shareholder in a holding company controlled by Eurazeo
Hg-backed MeinAuto postpones IPO
Car sales platform cited "currently adverse conditions for high-growth companies" in a statement
Keensight sells LinkByNet to Accenture
Deal ends a five-year holding period for Keensight, which invested €50m in LinkByNet in exchange for a minority stake
Equistone buys majority stake in TimeToAct
Germany-based IT consultancy is to be Equistone's fourth platform investment of 2021
Advent leads $220m series-D for Shift at $1bn valuation
Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital also take part in the round
Sovereign invests in AquaQ Analytics
GP is currently on the road for Sovereign Capital V with a ТЃ450-500m target, as reported by Unquote
CVC leads growth investment in Acronis
Cybersecurity software developer is valued at $2.5bn, compared with $1bn at its last funding round in 2019
Seco floats in €397m IPO
Sellers include FII, which owns a stake in Seco via its Fitec fund, and the company's founders
Amadeus V Technology Fund closes on £110m
Fund invests in seed and series-A startups specialised in science and engineering-led innovation
Hg sells EidosMedia to Capza
Sale ends a six-year holding period for Hg, which acquired a majority stake in Eidosmedia firms Wise and Aksia
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
VC-backed Darktrace lists on LSE
Cybersecurity platform has a market cap of around ТЃ1.7bn; it raised its first funding round in 2013
Greyhound leads $160m series-D for TravelPerk
This injection, which includes both equity and debt, brings the total capital raised by TravelPerk to date to $294m
Permira buys minority stake in New Immo Group
Existing investor Qualium Investissement is to retain a stake in the digital real estate platform
MessageBird raises $800m series-C extension
The $1bn funding is reportedly Europe's largest ever series-C round
VCs in $75m round for Kaia Health
Digital physical therapy platform is backed by all existing investors, including Balderton Capital
Lumos leads €70m series-C round for OpenClassrooms
Education technology company also attracts Salesforce Ventures, Chan Zuckerberg Initiative and GSV Ventures