Spain
Eureka Venture launches maiden €50m VC fund
Fund follows several recent launches of early-stage-focused vehicles across southern Europe
Inveready holds €55m first close for private equity fund
Gaea Inversion has a €110m target and expects to hold a final close by the end of March 2020
K Fund et al. in €3m round for Bob.io
Company plans to expand internationally and develop new services for passengers' needs
Tikehau carves out biomass unit from Acek in €81m deal
GP deploys from Tikehau Capital Energy Transition Fund, which is dedicated to energy transition
Meridia Capital to launch €150m second fund
Fund will target majority and minority stakes in Spanish companies generating revenues of €15-150m
TA Associates, Meridia exit Kipenzi
Sale ends a three-year holding period for TA Associates, which bought an 89.4% stake in Kipenzi from Corpfin
Alantra buys three genomics businesses
Combined group operates four centres across Spain, employs 160 staff and generates revenues of €25m
Mubadala leads €150m series-E for delivery platform Glovo
Previous investors Drake Enterprises, Idinvest and Lakestar also take part in the round
Magnum back on the road for third fund
GP is looking to raise €400-450m from institutional investors for Magnum Capital III
Portobello Capital carves out BT's Spanish business
Deal includes the Spanish ICT services and the local network infrastructure managed by BT
Riverside carves out HealthTech BioActives from Ferrer
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
Ergon Capital buys Palex Medical from Corpfin
GP deploys capital from Ergon Capital Partners IV fund, which closed on €580m in March 2019
Minority investing gains traction in southern Europe
Abundance of dry powder and expected downturn have pushed GPs towards experimenting with more diversified ways of deploying capital
Suma holds €65m first close for second growth fund
Fund invests in Spanish companies with high-growth potential and generating EBITDA of at least €2m
Trea AM raises €120m for second direct lending fund
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Asabys leads €20m round for Anaconda Biomed
Previous backers Ysios Capital, Sabadell Venture Capital, Innogest and Omega Funds also take part
Suma Capital backs education specialist Implika
Suma invests around €10m in the company via the purchase of shares and a capital increase
GED Capital buys Grupo OM from Nazca
GP invests via GED VI España fund, which was launched with a €175m target and held a €100m first close
Suma Capital backs CS Energy
Following Suma's acquisition, the company will be rebranded as Zero Waste Bioenergy
Ten Eleven, Seaya lead $11m series-A for Buguroo
Existing investors Inveready and Conexo Ventures also take part in the funding round
Waterland-backed Enreach buys Masvoz
Masvoz acquisition is the fifth bolt-on since the GP acquired Enreach in July 2018
Investindustrial closes seventh buyout fund on €3.75bn
Fund targets European companies operating in the consumer, industrial and healthcare services sectors
Alantra sells Ingenium's Spanish mobile business to Orange España
Alantra plans to strengthen the activity of the other divisions of Grupo Ingenium
Warburg Pincus sells Accelya to Vista Equity Partners
First investment made by Vista via its permanent fund, Vista Equity Partners Perennial