Spain
Eurazeo exits Iberchem in €820m deal
Sale generates a cash-on-cash multiple of 2.1x and a 25% IRR for Eurazeo Capital
MCH sells Lenitudes, invests in Atrys
Sale ends a six-year holding period for MCH, which acquired a 66.5% stake in Lenitudes via its third fund
Portobello Capital raises €350m secondaries fund
Fund is dedicated to promoting the growth of Angulas Aguinaga and Industrias Alimentarias de Navarra
PAI acquires Angulas Aguinaga from Portobello
PAI invests in the company via its PAI Mid-Market Fund, which recently held a €500m first close
All Iron Ventures I closes on €66.5m
Fund invests in innovative B2C companies, primarily marketplaces, e-commerce specialists and SaaS startups
Sherpa appoints Medina as operating partner
Medina joins Sherpa's portfolio management team, with the role of adding value to the firm's investee companies
MIP leads €5m round for Exoticca
This round is an extension to an €11m series-B investment raised by the company in July 2019
Providence Strategic Growth backs Signaturit
PSG intends to support the company's product diversification, geographic expansion and search for M&A opportunities
FJ Labs invests in car renting startup Vamos
Company intends to use the fresh capital to further boost its growth and expansion across the Spanish market
Atwater invests in EQT-backed Freepik
GP intends to work closely with EQT and the management to support Freepik's growth and expansion
Samaipata Ventures raises €100m second fund
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Sherpa appoints Lahuerta as investment director
Isaac Lahuerta has experience in special situations deals, having worked for Black Toro Capital and Avenue Capital Group
Cathay leads $15m series-B for healthtech company Savana
Company plans to use the fresh capital to boost its international expansion and further grow its operations in the US
Ardian sells Gantner to Alantra-backed Salto
Deal is financed with a €125m capital increase deployed by Alantra, alongside Sofina, Peninsula and Florac
Alantra buys stake in Indigo Capital
Following this partnership, Alantra expects to further consolidate its position in the French market and the rest of Europe
Miura backs Terrats Medical
Producer of dental implants and abutments operates under the DESS Dental Smart Solutions brand
Kartesia carves out ADL Biopharma from Black Toro's ADL Bionatur
Deal includes a new debt tranche of €5m made available by Kartesia at closing and a capital increase of at least €10m
Sabadell Asabys et al. lead €14m series-E for MedLumics
Previous backers Andera Partners, Caixa Capital Risc and Innogest Capital also take part in the funding round
HV Holtzbrinck, JME Ventures in $10m round for Lingokids
Round is led by German toy company Ravensburger, with participation from several previous private backers
Kibo Ventures III holds first close
Fund invests in pre-series-A and series-A rounds, deploying initial tickets of €1-3m
Seaya Ventures III holds €85m first close
Fund targets technology companies based across southern Europe, with the aim of supporting their expansion
Arcano Secondary Fund XIV launches with €300m target
Fund will invest in mid-market buyout and growth capital vehicles across Europe and the US
Faraday launches €40m venture capital fund
Faraday Europa I will invest in early-stage startups with potential for high-growth and rapid value creation
Zamit Capital backs Science Bits
Company plans to use the financing to strengthen its market position in Spain and boost its international expansion