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Southern Europe unquote

Medical scans and healthcare software
Kennet Partners sells Telemedicine Clinic to trade

Deal was the first investment for the GP's Guernsey-based third fund, Kennet III

  • Exits
  • 15 November 2017
Laboratory blood and DNA testing
Caixa Capital Risc leads €2.4m round for GlyCardial

Spanish healthcare seed investor HealthEquity takes part in the funding round

  • Early-stage
  • 15 November 2017
Fundraising in dollars
Arcano launches €200m maiden venture fund

Spanish GP launches its first venture capital fund in partnership with Urizen Ventures

  • Funds
  • 14 November 2017
Andrea Bonomi of Investindustrial
GP Profile: Investindustrial

GP is extending the lifespan of its standard close-ended funds and expects other investors to follow suit

  • GPs
  • 14 November 2017
Leather clothes and accessories
Star Capital exit Codyeco via trade sale

GP exits its 95% stake in the Italian dyes business after a four-year holding period

  • Exits
  • 13 November 2017
Berlys is a bakery based in Spain
Ardian buys Berlys and Bellsolà

Following the merger, the new group expects to generate €300m in revenues with 1,700 employees

  • Buyouts
  • 13 November 2017
Fundraising in Spain
Portobello IV hauls in €570m, nears €600m hard-cap

Spanish GP eyes a final close on its fourth fund's €600m hard-cap before year-end

  • Funds
  • 10 November 2017
Coders and programming software
Atlantic Bridge finances €2m round for Aylien

Backers in the round include existing investors SOSV and Enterprise Ireland

  • Expansion
  • 10 November 2017
Snappy conducts market research for companies
Caixa, Sabadell lead €1.3m round for Snappy

Mobile application developer intends to raise an additional funding round within two years

  • Expansion
  • 09 November 2017
Berlys is a bakery based in Spain
Ardian set to back Berlys SBO

GP will acquire the bakery in a deal valued in the €450-500m EV range, equating to a 10x EBITDA multiple

  • Buyouts
  • 08 November 2017
Spanish fund closes and launches
Gala Capital buys 30% stake in Beka Finance

GP is understood to have taken its stake in the business as part of a capital increase

  • Expansion
  • 08 November 2017
Textiles manufacturers
PE-backed Imprima bolts on Set

GP acquired the textile printing business via its €215m fourth fund, Wisequity IV, in March 2016

  • Portfolio management
  • 07 November 2017
Shipping and support services
Pillarstone to gain control of RBD Armatori

Announcement follows the fund's acquisition of €560m of the company's debt in July 2017

  • Buyouts
  • 06 November 2017
Electricity companies and utilities companies
JZ Capital reaps 9.2x cash on Factor sale

Fund manager received €69.7m of gross proceeds from the sale of the Spanish energy supplier

  • Exits
  • 06 November 2017
Merkal is a designer of shoes and boots
OpCapita carves out footwear retailer Merkal

Deal is the third investment in Spain for OpCapita, which invested via its second buyout fund

  • Buyouts
  • 03 November 2017
Call centres and outsourcing services
Vivocha sold to Aksía's Covisian

Deal sees Italian venture capital houses Principia and Vertis fully exit the business

  • Exits
  • 03 November 2017
Yachts and sailing equipment
Spain sails with fundraising tailwind

Increased appetite from LPs reflects a continually improving macroeconomic picture in Spain, despite signs that the recovery is slowing

  • Southern Europe
  • 02 November 2017
Molecular research
Ardian's Italmatch buys Sudamfos do Brasil

Deal follows Italmatch's acquisition of Compass Chemical International in North America

  • Portfolio management
  • 01 November 2017
Modern car engines and plastic parts
Alantra buys MD Moldes

MD Moldes founder Manuel Domingues retains a 30% stake and remains CEO

  • Buyouts
  • 01 November 2017
Moncler is a designer of coats and jackets
Eurazeo sells 3.34% stake in Moncler for €208m

Deal generated €188m of net proceeds for the fund manager, which will retain a 5.31% stake

  • Exits
  • 30 October 2017
Plant breeding and agricultural science
Cinven acquires agri-food business Planasa for €450m

Deal-maker deployed capital from its sixth fund, which hit its €7bn hard-cap in June 2016

  • Buyouts
  • 30 October 2017
Recycling centres
Xenon's Benfante buys Gruppo Ecolfer

Bolt-on comes three years after the GP's acquisition of a minority stake in Benfante

  • Portfolio management
  • 27 October 2017
Olive trees
ADM Capital buys Olivos Naturales

Acquisition is the second transaction for the GP's food-dedicated vehicle, Cibus Fund

  • Buyouts
  • 27 October 2017
Spanish fund closes and launches
GPF Capital holds €150m final close for second fund

Spanish fund manager hits the fund's €150m target in a single close after a couple of months

  • Funds
  • 27 October 2017
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