Spain
BD-Capital appoints Vidal-Quadras as head of southern Europe
BD-Capital is a recently established private equity firm targeting European mid-market businesses
Nazca Capital appoints two new partners
Nazca also hires Olga San Jacinto as a member of the firm's industrial advisory board
Dila Capital in €8m funding round for ByHours
Company plans to use the financing to boost its presence in Europe and Latin America, and expand in the US
PAI Partners to launch €600m mid-market fund
Vehicle will target companies based across Italy, Spain, Germany, France and the Benelux region
Miura exits Tiendanimal
Sale ends a six-year holding period for the GP, which was invested via Miura Fund II
Portobello Capital launches €300m minority-focused fund
Portobello Structured Partnership I will target minority stakes in mid-market companies
Portobello Capital backs USA Group
GP invests via Portobello Capital Fondo IV, which closed on €600m in December 2017
Abac Capital targets €350m for second fund
Fundraising activity is expected to flourish in 2020, with numerous GPs wrapping up their funds
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
Meridia buys juicer manufacturer Zummo
GP invests via its Meridia Private Equity Fund I, which closed on €105m in June 2017
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
Santander's Tresmares launches €175m private equity fund
Tresmares Capital will also manage a €900m private debt fund to finance the expansion of Spanish SMEs
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