Technology
Kester Capital backs Optibrium
GP invests in the company via its second fund, which closed on its £90m hard-cap in August 2020
TA Associates to invest in French company DL Software
Software developer has realised an average annual growth rate of more than 10% since its founding
Rutland backs infrastructure service JSM
JSM represents the 10th investment from Rutland Fund III, which closed on £263m in January 2015
SHS to launch new fund, make 3-4 deals in 2021
Managing partner Sascha Alilovic and partner Manfred Ulmer-Weber speak to Unquote about the firm's expectations for 2021
Moonfire leads $2.2m round for Mindstone
Zanichelli Venture and NexD also participated in the round, as well as a series of angels
VC-backed Auto1 completes IPO
Listing gives the company a market capitalisation of €7.9bn and sees gross proceeds of around €1.8bn
VCs sell stakes in Adjust to KKR's AppLovin
Exit reportedly values the app performance and marketing software at around $1bn
Elaia leads €15m series-B for Holded
Company plans to use the fresh capital to further develop its technology, scale up its team and open a new office
Harwood takes stake in PLT alongside Firmament
Founder Peter Flanagan will continue to lead the business alongside Brian Connolly
PSG closes debut European fund on €1.25bn
PSG Europe invests in lower-mid-market software and technology-enabled services companies
PE-backed Cint announces intention to float
Offering is expected to provide Cint with proceeds of approximately €75m
Cathay Innovation invests in €33m round for Wallbox
Round is co-led by Cathay Innovation and Wind Ventures, with participation from Iberdrola and Seaya Ventures
eCapital leads growth investment for Kendaxa
Germany-based automation software company also announces the appointment of a new CRO and CMO
Vækstfonden, Danske Bank et al. in €4.9m round for Airtame
Latest funding takes its total raised to approximately €14.1m and will enable the company to accelerate product development and hire more staff
ECM buys majority stake in YellowFox
GP is investing in the telematics software company via its €325m German Equity Partners V vehicle
Latour sells Sogetrel to Andera-led consortium
Consortium includes Luxempart, Capza, BNP Paribas Développement and Idia Capital Investissement
Mutares buys Ericsson Services Italia
GP intends to boost the company's growth, consolidate its market position in Italy and accelerate its expansion
EQT Ventures et al. sell Peakon to trade for $700m
Since being founded in 2015, Peakon raised around $68m from investors including EQT Ventures, Atomico, IDInvest, Balderton and Heartcore.
VCs sell stakes in Rhebo to trade
eCapital, TFS, Montan-Ventures-Saar and VNG Innovation previously backed the cybersecurity company
Capital Croissance buys majority stake in Cathay's Smart AdServer
Cathay will retain a minority stake as part of the deal, having acquired the business in 2015
Fasanara Capital leads $48m round for Scalapay
Baleen Capital and Italian family office Ithaca Investments also take part in the investment
WestBridge invests £10m in Channel 3 MBO
CEO John Howard leads the MBO alongside colleagues Eleanor Rollason and Lucy McLintock
VCs in €15m funding round for Compeon
Iris Capital, NRW Bank and the Qatar Development Bank led the round for the SME financing platform
Apax, DTCP, Summit exit Signavio
Apax Partners, Deutsche Telekom Capital Partners (DTCP) and Summit Partners have sold their stakes in Germany-based business process management software business Signavio to SAP.