Technology
Hellman & Friedman buys AutoScout24 in €2.9bn deal
Deal follows H&F and Blackstone's unsuccessful Scout24 takeover attempt in May 2019
Tesi et al. back $15m series-C for BC Platforms
Company will use the fresh capital to expand its global network of clinical and genomics data
Mayfair-backed GCI to acquire Nasstar for £79.4m
Mayfair draws equity from its second fund, which closed on ТЃ650m, to support the acquisition
Vectis sells WinBooks to trade
Founded in 1989, Exact launched its cloud-based accounting product Exact Online in 2006
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
Octopus, Calculus lead £3.6m round for Fiscal
Octopus draws equity from its Apollo VCT for the investment, which manages ТЃ30m
Elbrus leads $10m round for YClients
Elbrus is currently investing from its $550m vehicle, which held a final close in February 2014
Cathay's Finance Active buys Verifino
Finance Active's Verifino purchase is Cathay's first build-up in Germany
Iris Capital, Idinvest et al. inject $12.3m into Yubo
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
Software sector lures increasing amounts of capital in CEE
Interest in the software sector in CEE is on the up and was especially prominent in Q3
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
HV Holtzbrinck leads €8.8m seed round for Finn.auto
Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part
Accel leads $11m series-A for Tines
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Consortium invests €22m in InterCloud
Fresh capital will help the provider of cloud access services expand in western Europe
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Omers Ventures et al. back $110m round for WeFox
Round brings the series-B total to $235m and values the digital insurance provider at more than $1bn
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Equistone-backed WHP Telecoms acquires Sitec
Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI
Afinum acquires Fast LTA
GP will support the Munich-based software company's growth by broadening its product offering
TA-backed List acquires IT Software
List plans to broaden its product portfolio, boost its market position and expand internationally
Poland's MCI gearing up for €400m maiden closed-ended fund
Vehicle will keep to MCI's strategy of backing buyouts of mid-cap technology businesses in the CEE region
Idinvest leads $50m round for Ogury
Idinvest is currently investing from its тЌ350m vehicle, which held a final close in October 2019
EQT exits ITS Learning to trade
Sale ends a six-year holding period for EQT, which bought the company via EQT Expansion Capital II