Spain
Nazca Capital closes lower-mid-market fifth fund on €150m
Nazca Fund V will target small Iberian companies with high-growth potential
Nazca buys biopharmaceutical company Diater in €45m deal
This is the fifth investment made by Nazca Fund IV, which closed on €275m in 2017
Triton exits steel waste recycling company Befesa
Sale ends a six-year holding period for the GP, which bought Befesa from recycling company Abengoa
Dawn leads $11m series-A for data integration platform Onna
Previous backer Nauta Capital also takes part in the round, alongside Dropbox and Slack Fund
Diana Capital to launch €200m third fund
Diana Capital III will target mid-market Iberian companies operating in a wide range of sectors
First-time challenges in southern Europe
First-time funds may still be facing a tough road in southern Europe, but GPs are getting increasingly skilled at selling a compelling story
Portobello Capital exits Ice Cream Factory
Sale ends a nine-year holding period for the GP, which held a majority stake in the company
Towerbrook exits Metallo in €380m deal
Sale ends a six-year holding period for the GP, which bought the company from Groupe Alpha
Black Toro in talks for clothing brand Trucco
GP is currently investing via its second fund, which held a final close on €235m in February 2017
Black Toro raises €150m for third fund
Black Toro Capital III has a €350m target and held a first close on €100m in July 2018
Reus exits Spanish videogames specialist LVP in €22m deal
Mediapro, which already controls around 50% in the company, acquires the stake owned by Ticnova
KKR acquires controlling stake in Telepizza in €604m deal
GP, which already owns a 28.57% stake, will reach 56.29% and will be able to de-list the company
Bain's Autodistribution bolts-on AD Bosch
France-based Autodistribution buys a 75% stake in Spanish family-owned AD Bosch
Blackstone-backed Cirsa carves out Giga Games
Blackstone acquired Cirsa from its founder, Manuel Lao Hernández, in April last year
Artá Capital exits Mecalux in €122m deal
Sale ends a nine-year holding period for the GP, which backed the company alongside Corporación Alba
Oakley Capital invests in Spanish insurance broker Acierto
Oakley, Admiral Group and Mapfre will form a joint venture by combining Acierto with Rastreator
Lakestar leads €150m series-D for Spanish startup Glovo
Idinvest Partners and Korelya Capital also took part in the round, alongside Papa John's owner Drake Enterprises
EQT launches €631m takeover bid for Parques Reunidos
Offer is made via a bidco controlled by EQT, Miles Capital and Corporación Financiera Alba
Dunas Capital hires two for new fund-of-funds
New vehicle, Rainforest Dunas Iberia Fund I, has been registered in Spain and has a target of €100m
Abac Capital backs building materials specialist Isolana
GP invests via its Abac Solutions I fund, which held a €320m final close in 2016
MIP leads €2m series-A for flower delivery startup Colvin
New injection of capital brings the total funding raised by the Spanish company to €11m
ING Ventures leads €19m series-C for banking app Fintonic
Round also sees participation from 10 other investors, including Spanish insurance group PSN
Meridia invests in TA Associates-backed Kipenzi
GP deploys capital from its Meridia Private Equity I fund, a €105m vehicle launched in 2016
Seaya Ventures invests in €20m series-A for Movo
Round is led by Spanish insurance company Mutua Madrileña, with participation from Seaya and Cabify