Southern Europe unquote
Taxibeat hails second funding round
Greek taxi-hailing start-up Taxibeat has closed a series-A round, with a $4m injection from Hummingbird Ventures.
Capvis races off with Riverside's Arena
Swiss mid-market fund Capvis has bought Italy-based aquatic sports brand Arena, founded by the son of Adidas-founder Horst Dassler, from Riverside.
Fondo ICO commits €189m to six Spanish funds
Spain's state-backed fund-of-funds Fondo ICO has injected €189m into six Spanish private equity and venture capital funds.
Fondo Italiano backs Forgital Group
Fondo Italiano di Investimento has injected €30m into Forgital Group, an industrial components manufacturer and systems provider.
Fondo Italiano enters entertainment market
Fondo Italiano di Investimento has made its first transaction in the entertainment and events management market with a €10m investment.
Nazca Capital in €45m Fritta buyout
Nazca Capital has acquired a majority stake in Spanish ceramic tiles company Fritta.
Inveready leads €800,000 round for iSegurosdeSalud.com
Inveready has led an €800,000 funding round for online health insurance marketing company iSegurosdeSalud.com.
Moncler in strong market debut
Shares in Italian luxury ski jacket maker Moncler have begun trading today on the Milan Stock Exchange, up 40% on the pre-opening price.
PE-backed PortAventura issues €420m bond
Spanish amusement park and tourist resort PortAventura, backed by Investindustrial and KKR, has issued a €420m senior secured high-yield bond.
Moncler to trade at top end of price range
Italian luxury jacket maker Moncler, backed by Eurazeo, Carlyle and Progressio Investimenti, is to begin trading on Monday at the top end of its price range.
Ardian increases stake in CLH Group
Ardian has increased its holding in Spanish oil storage and transportation firm Compañía Logística de Hidrocarburos (CLH) to 15%.
Inveready sells Lucierna to VC-backed SmartBear
Spanish investor Inveready has divested enterprise application company Lucierna in a sale to SmartBear, a software company backed by US venture capital firm Insight Venture Partners.
Addquity backs EzzingSolar
Spanish private equity firm Addquity has made a capital injection into photovoltaic software provider EzzingSolar.
EmCap buys stake in Moretti
Newly launched investor EmCap has acquired a minority stake in Italian luxury shoemaker Alberto Moretti, marking the GP’s maiden investment.
Carlyle’s Applus one step closer to IPO
Spanish industrial testing company Applus, backed by Carlyle and Investindustrial, is understood to have appointed Morgan Stanley and UBS to run its IPO.
Sherpa Capital buys Bolfor
Sherpa Capital has acquired flexible packaging firm Bolfor with the intention to merge it with current portfolio company Polibol.
Investindustrial sells 49.9% PortAventura stake to KKR
Investindustrial has sold a 49.9% stake in Spanish tourist resort PortAventura to KKR.
Italian association berates “unnecessarily heavy” tax changes
Aifi, the Italian private equity association, has criticised changes to corporate taxation structures that could see the beleaguered industry take another hit.
Deal in focus: Kronomav raises €900,000 in equity and debt
Spanish robotics company Kronomav Sistemas has raised €900,000 from Clave Mayor, Inveready, government-backed innovation bank Enisa and the Ministry of Industry.
ICG finances Vitaldent with €100m
Intermediate Capital Group (ICG) has provided dental clinics network Vitaldent with a €100m debt package.
Deal in focus: Ardian and Consilium sell Rollon
In mid-November, after almost a year of negotiations, Ardian and Consilium sold Rollon, an Italian manufacturer of liner rails and actuators, to French GP Chequers Capital and Italian investor IGI.
Inveready, Clave Mayor inject €900,000 into Kronomav
Spanish robotics firm Kronomav Sistemas has raised €900,000 from Inveready, existing backer Clave Mayor, government-backed innovation bank Enisa and the Ministry of Industry, Energy and Tourism.
Ergon’s Nicotra Gebhardt buys Industrie CBI
Nicotra Gebhardt, a centrifugal fan maker backed by Ergon Capital Partners, has acquired Italian industrial fan producer Industrie CBI.
Italian dealflow wakes from slumber
Italian dealflow