Spain
Lonsdale to float Global Yachting Group
IPO is the first exit for the GP's maiden vehicle, Lonsdale Capital Partners Fund I
Investindustrial sells Goldcar to Europcar
GP fully exits its holding in the Spanish rental car business after a three-year ownership period
Cerberus sells 50% stake in Sotogrande to Orion
Cerberus exits its holding in the Spanish real estate and leisure asset after a three-year owneship
Investindustrial, KKR net refinancing for PortAventura
Previous financing structure included a €150m floating rate senior note and a €270m senior secured note
Expon leads €2m round for Nektria
Spanish delivery management software startup will expand its international presence
K Fund leads €1.4m round for Beonprice
Deal is the sixth transaction for the first-time-fund GP, which launched in July 2016
Diana Capital buys minority stake in Lappí
Company's chair and sole returning investor, Antonio Lappí Perea, retains a controlling stake
Northzone at al. lead $19m series-C for Cornerjob
Current round brings the total funding raised by the Spanish business to $54m
Ysios, Omega lead €15m series-A for Anaconda Biomed
Additional backers include Banco Sabadell and existing investor Innogest Capital
Tikehau inks €60m unitranche for Terratest
Deal is the third transaction in Spain for the French listed asset management firm
Spark Capital leads $20m series-B for Verse
Backers include US-based existing investor Greycroft Partners and eVentures
Talde fully exits Spanish telecoms firm Iberfibra
Following the sale of subsidiary Neo in 2015, the GP has now fully exited the asset
Carlyle's Comdata bolts on Overtop
Deal is the fourth bolt-on acquisition for the Italy-based Comdata group
Fond-ICO injects €160m into eight Spain-focused funds
Since its foundation in 2013, Fond-ICO has deployed €1.26bn with 56 domestic and international GPs
Apposite Capital leads €7m round for NIMGenetics
Deal is the third acquisition for the GP's 2016-vintage vehicle, Apposite Healthcare Fund II
Kartesia leads €25m round for Vet+a
Deal is the second investment in the insurtech sector for the GP, after backing GT Motion in January
KKR et al. buy Intertur Hotels
Backers include Iberian asset management firm Dunas and Alchemy-backed hotel chain Alua
BlueGem purchases majority stake in Lateral
London-based GP acquires the business via its 2013-vintage BlueGem II fund
MCH hit €350m hard-cap for fourth fund
MCH Iberian Capital Fund IV held a first close on €200m in June 2016
Spain reaps highest value in Q1 since 2005
Spanish private equity firms deployed the highest volume of capital in 12 years during Q1 2017, with €4.7bn deployed
Portobello Capital buys car rental service Centauro
Deal is the final acquisition for the GP's €375m third vehicle, Portobello Fondo III
Inveready leads €1.2m round for Dexma
Backers include state-backed investor CDTI Eureka and several high-net-worth individuals
Nauta Capital holds final close on $170m
Fund held a first close on $70m in September 2015 with an intial target of $115-175m
Black Toro provides €40m debt and equity mix for Farga Group
GP’s BTC II fund has deployed 78% of its committed capital following the deal