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Southern Europe unquote

Educational apps and software
Miura buys minority stake in Tekman Books

Deal marks seventh transaction for the GP's second vehicle, Miura Fund II

  • Expansion
  • 27 October 2016
GPS satellites and associated technologies
Deal in Focus: Cinven sells Avio to Space2

GP divests Italian aerospace operator to trade buyer following decade-long tenure

  • Exits
  • 27 October 2016
Brain surgery and neurostimulation
Caixa Capital Risc leads €1.5m round for Iproteos

Following the round, the company totals €3m of funding raised since its foundation in 2011

  • Early-stage
  • 26 October 2016
Verse develops a mobile payments platform
Spark et al. lead $8.3m round for Verse

Transaction follows the $1.8m seed funding round led by VC house Draper Fischer Jurvetson

  • Expansion
  • 26 October 2016
Fund close for Italian fund
Italian pre-IPO fund eyes first close on €120m

Fund will acquire 30% stakes in 8-10 mid-sized companies targeting launches on the AIM segment of the Italian stock exchange

  • Venture
  • 26 October 2016
Aerosol cans and packaging
Quadrivio purchases 70% stake in Farmol for €20.5m

Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3

  • Buyouts
  • 24 October 2016
Home care for the elderly or disabled
Palamon sells Sarquavitae to PAI portfolio company

Palamon reaps €140m in proceeds for a 3x money return following the sale to PAI

  • Exits
  • 24 October 2016
Coffee machines for home and office use
Lone Star purchases majority stake in Saeco

As part of the deal, the GP's portfolio company N&W will acquire a minority stake in the business

  • Buyouts
  • 21 October 2016
Water coolers
Consilium’s Celli buys Cosmetal

Deal marks the company’s second acquisition while under PE-ownership

  • Portfolio management
  • 21 October 2016
European technology fundraise
K Fund launches €50m maiden vehicle

Maiden vehicle will invest in Spanish early-stage technology companies

  • Venture
  • 21 October 2016
Euro-denominated fundraising
Ysios holds €126.4m final close for second vehicle

Launched with a €100m target, the fund hit its final close after 19 months on the road

  • Funds
  • 20 October 2016
GPS satellites and associated technologies
Cinven fully exits aerospace operator Avio

GP has fully exited its portfolio company after a 10-year holding period

  • Exits
  • 20 October 2016
Mediterranean banks
Italy’s restructuring deals turning debt market around

The country is still suffering from a legacy of sub-performing loans, though new regulation should allow credit funds to emerge

  • Debt
  • 19 October 2016
Mozzarella cheese
Alto Partners sells Trevisanalat via trade sale

Company's management will retain a minority stake in the mozzarella producer

  • Exits
  • 18 October 2016
Car interiors and automotive parts manufacturers
Clearlake’s Sage buys Apollo

Deal marks the second acquisition in the Italian market for the US-based business

  • Portfolio management
  • 17 October 2016
Deodorants and antipersperants
Investindustrial-backed Artsana sells Lycia to Sodalis

After a six-month investment period, the GP aims to focus the business on its core sectors

  • Exits
  • 17 October 2016
Funding for charitable programmes including for education in Uganda and Kenya
La Caixa leads €2.3m round for Worldcoo

Backers of the funding round include Mnext alongside high-net-worth individuals

  • Expansion
  • 14 October 2016
Office supplies and stationery retailers
Alto Partners et al. buy 42% stake in R&D for €7m

Deal saw Italian accelerator Rancilio Cube participate in the funding round

  • Expansion
  • 13 October 2016
Glass bottles and containers
PE-backed Berlin Packaging buys Ardian’s Bruni Glass

Deal marks first deal in Europe for the business and the third since Oak Hill's acquisition

  • Exits
  • 12 October 2016
Fundraising in euros
Qualitas closes Europe-focused fund-of-funds on €61m

GP expects to fully invest the fund by the end of Q1 2017

  • Fund-of-funds
  • 11 October 2016
New hires and promotions
Simmons & Simmons hires two in Milan

Appointments follow the closure of the firm’s Rome office in 2015

  • People
  • 10 October 2016
Car engine parts and mechanics
Assietta buys 87% stake in MMB Costruzioni Meccaniche

Ape III is now 60% invested and aims to deploy its last acquisition by May 2017

  • Buyouts
  • 06 October 2016
Recruitment consultancy and job search services
Sunstone et al. raise $6m series-A for Sourced

Backers include venture capital houses Otium Venture and Kima Ventures

  • Early-stage
  • 06 October 2016
Fund close for Italian fund
Assietta launches €60m fourth fund

Vehicle has a six-year lifespan and aims to raise up to €70m

  • Buyout
  • 06 October 2016
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