US
EQT-backed IFS buys Astea International
Astea International has a market cap of $18m and operates from seven locations globally
MJ Hudson opens NY office
New office will help the cosultancy better assist its European clients that needs US representation
Summit invests $40m in ProGlove
Summit Partners has taken a minority stake in the industrial wearables manufacturer
VCs in $16.5m series-B for Bestmile
Existing investors Partech and Groupe ADP also re-up in the transportation software company
Index leads $11m series-A for Flatfair
Revolt Ventures, Adevinta and several business angels invest in rental platform Flatfair
Cerberus to acquire Optimum Re Spain at €70.25m valuation
Cerberus first made an offer for the Barcelona-based real investment trust in July 2019
BlackRock et al. in $460m funding round for Klarna
Funding round values the payments and financing service at $5.5bn
Nordic Capital supports Cint in P2Sample acquisition
Customer insight software developer Cint already has offices in New York and LA
3i announces eight hires and three promotions
3i has promoted and hired 11 people in Amsterdam, Frankfurt, Paris, London and New York
TPG holds interim $11.2bn close for TPG Partners VIII
Fund was launched in 2018 with an $11bn target, which it surpassed with its interim close
EQT sells AutoStore to THL
AutoStore was originally acquired for an estimated price of €500m and the sale values the firm at €1.6bn
Adams Street raises $2bn for secondaries
Adams Street raises $1bn for secondaries fund and $1bn in separately managed accounts
Nordic Capital announces NY base for US healthcare push
Initiative is being led by healthcare co-head Raj Shah and healthcare partner Thomas Vetander
Louisiana TRS retains Hamilton Lane as private markets manager
Appointment, subject to fee negotiations, will be for the period of January 2020 to December 2025
Balderton sells Recorded Future to Insight Partners in $780m deal
Balderton led a $12m series-C round for the Boston-headquartered company in 2012
Investcorp acquires Mercury Capital Advisers
Investcorp has been acquiring stakes in companies such as 3i's credit business to reach $50bn in AUM
TPG, Insight in $500m round for Kaseya
Funding round will support the acquisition of ID Agent and reportedly values Kaseya at $1.75bn
Volpi-backed CycloMedia bolts on Floating Point FX
Company plans to strengthen its presence in the US and enhances its data analytics capabilities
Lexington requests extension for seventh fund
Firm has asked for a one-year extension to complete the wind down of the portfolio
Inovia holds close on $600m for double fundraise, launches in London
Initially launched the funds in May 2018 and held initial closes towards the end of the year
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Advent hires former TPG partner Taylor as head of tech
Taylor previously co-founded Symphony Technology Group and was a consultant at Bain & Company
Argand-backed Oase begins US expansion
US-headquartered buyout firm acquired Oase from Equistone Partners Europe last year