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Southern Europe unquote

IT engineers and telecommunications infrastructure
One Equity-backed Lutech buys Sinergy

GP acquired a controlling stake in the business in July 2017 via its $1.65bn sixth vehicle

  • Portfolio management
  • 26 October 2017
Industrial drills and grinding machines
Quadrivio purchases 60% of TFM Automotive & Industry

GP draws down capital from its €250m Quadrivio Private Equity 3 vehicle

  • Buyouts
  • 26 October 2017
Insurtech services and software
Primomiglio leads €1m seed round for Yolo

Backers include US-based seed investor Miro Ventures and insurance broker Mansutti

  • Early-stage
  • 26 October 2017
Online identification and cybersecurity
HgCapital buys 69% Dada stake for €46m

Following the acquisition, the GP aims to launch an offer on the remaining shares

  • Buyouts
  • 25 October 2017
Fundraising in euros
Invitalia hits €87m final close with EIB commitment

Fund has already invested €11m in 16 Italian startups and currently has €33m in AUM

  • Funds
  • 24 October 2017
Fund close for Italian fund
Alto Partners hits €152m second close for fourth fund

GP eyes a final close for Alto Capital IV by the end of the year, on its €200m target

  • Funds
  • 24 October 2017
Gym equipment
Portobello nears deal for gym chain Supera

Four private equity and infrastructure fund managers are reported to be competing for the asset

  • Buyouts
  • 23 October 2017
Towel in bathroom
Mandarin's Italcer bolts on Devon&Devon

Deal is the third bolt-on for the Italian private equity-backed ceramic group Italcer

  • Portfolio management
  • 23 October 2017
Hunting accessories and equipment
Charme set to buy Fiocchi Munizioni

GP receives green light from the Italian government to acquire the asset "in the national interest"

  • Buyouts
  • 23 October 2017
Smelting blast furnace
Triton's Befesa sets IPO price range

Environmental services provider announces a €28-38 share price range for its upcoming IPO

  • Exits
  • 20 October 2017
Rented accommodation and moving services
Seaya Ventures backs Spotahome in $16.1m expansion round

UK-based Passion Capital also provided capital in the fundraising round for Spotahome

  • Expansion
  • 18 October 2017
Fraud prevention services
Sapphire Ventures backs Feedzai in $50m series-C

VC firm is an existing investor and is joined in the round by another undisclosed backer

  • Expansion
  • 18 October 2017
Mr and Mrs Italy is a designer of luxury parkas
Hony Capital buys 30% stake in Mr&Mrs Italy

Management team retains a controlling stake in the Italian luxury parkas manufacturer

  • Expansion
  • 18 October 2017
Commercial laundry services
Manutencoop buys out PE backers

Private equity backers have fully exited the Italian facility management business

  • Exits
  • 16 October 2017
Alitalia is an Italian flight operator
Alitalia sale process extended, PE still in the running

US-based GP Cerberus is reportedly still bidding for Italy's insolvent flag carrier

  • Turnaround/Special Situations
  • 16 October 2017
Insurtech services and software
Spanish VC consortium in €3.5m series-A for Coverfy

Round's backers include Spanish firms K Fund, Sabadell Venture Capital and Seaya Ventures

  • Expansion
  • 13 October 2017
Ultrasound scans and osteoporosis diagnostics
Sherpa acquires Hedonai for €19.3m

GP acquires the Spanish healthcare and personal beauty business out of insolvency

  • Turnaround/Special Situations
  • 13 October 2017
Fashion photography and designer clothes
Kibo et al. inject $10m into 21Buttons

Backers include JME and existing investors Samaipata, Breega, 360, Sabadell, Sputnik and Mediaset

  • Expansion
  • 13 October 2017
Discounted invoices are currently all the rage
Deal in focus: Springwater sells Delion four years after carve-out

Following a challenging investment in the comms industry, the company has been sold back to management

  • Southern Europe
  • 13 October 2017
European fund raise
Arcadia Small Cap II holds €47m first closing

Italian fund manager reaches a €47m first close for its €100m second small-cap vehicle

  • Funds
  • 12 October 2017
Board room deals and discussions
Quadrivio attracts four bidders

Italian GP is understood to have shortlisted four bidders for the sale of its 70% stake

  • GPs
  • 12 October 2017
People moves and promotions
KKR hires Bachiller to lead healthcare franchise

Iñaki Cobo Bachiller joins as the head of healthcare sector investments in the firm's Spanish office

  • People
  • 11 October 2017
Fund close for Italian fund
Hat Orizzonte holds €30m first close for technology fund

GP holds a first close after three months on the road, eyes a €100-125m target

  • Funds
  • 10 October 2017
Board room deals and discussions
Idea Capital Funds rebrands to DeA Capital Alternative Funds

Announcement follows the promotion of Gianandrea Perco to CEO and Pier Luigi Rossi to director

  • GPs
  • 10 October 2017
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