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Official Record/Exits

Pad Thai and Thai restaurants
TnuiCapital to acquire Busaba

Terry Harrison, Busaba Eathai's managing director, is to remain at the helm

  • Buyouts
  • 06 July 2020
Trioptics develops technology for lens manufacturers
Capiton sells Trioptics to trade

Exit to Jeniotik follows a five-year investment period and is the second exit from Capiton IV

  • Exits
  • 03 July 2020
Selling clothes online
Acton sells stake in Momox to Verdane

Verdane will own an 85% stake in the Germany-based e-commerce company via its 10th fund

  • Exits
  • 03 July 2020
Salons and styling products
VCs exit Inventorum to Shore

HTGF and Vogel Ventures have previously backed cash management software Inventorum

  • Exits
  • 02 July 2020
Remote working
Axcel acquires AddPro from Adelis

Deal is Axcel's second from its sixth fund, which held a first close on €507m in February 2020

  • Exits
  • 02 July 2020
Computer services and business enterprise software
Carlyle exits Eggplant for $330m

The Carlyle Group acquired Eggplant from venture capital firm Seraphim in January 2016

  • Exits
  • 26 June 2020
Pipes and industrial machinery
DUBAG sells Scheven to trade

GP acquired the civil engineering and pipeline company in 2017 from its parent company Bilfinger

  • Exits
  • 25 June 2020
Laboratory product testing
Astorg to acquire Normec from Summit

Summit Partners acquired a minority stake in Normec for an undisclosed amount in December 2017

  • Buyouts
  • 25 June 2020
Microchips and computer hardware
VCs exit UltraSoc to Siemens

Previous investors include Seraphim, Indaco, Octopus Ventures, Oxford Capital and eCapital

  • Exits
  • 24 June 2020
Human resources software developer
ICG acquires Workhuman minority at $1.2bn valuation

Balderton Cpaital, Atlas Venture and Benchmark are early investors in the HR platform

  • Expansion
  • 24 June 2020
Wastewater treatment
EQT's Saur buys Nijhuis from Wagram, Egeria

Wagram bought a stake in waste water treatment company Nijhuis Industries from Egeria in 2014

  • Portfolio management
  • 23 June 2020
Lawyers and legal software
Capita to sell Eclipse to PE-backed Access UK for £56.5m

Access UK was backed by Hg in 2018 in a deal that valued the software developar at £1bn

  • Exits
  • 22 June 2020
IT engineers and telecommunications infrastructure
3i-backed Evernex bolts on Vitruvian's Technogroup

3i deploys €47m in capital, while Vitruvian rolls over a significant investment in the combined group

  • Expansion
  • 22 June 2020
MueTec manufactures machines for electronics inspection
DEWB sells MueTec to trade

China-based Suzhou TZTek Technology is to acquire the company for €25m, according to a statement

  • Exits
  • 22 June 2020
Photo rights owned by Poggenpohl
Aduram's Poggenpohl sold to trade

Deal has been approved by the company's creditors committee and is expected to close by the end of June

  • Exits
  • 19 June 2020
Wheel alignment and automotive testing
VCs exit Caroobi to Deutsches Werkstattnetz

Online car repair platform's previous investors included Cherry Ventures, DN Capital and Target Global

  • Exits
  • 17 June 2020
Phone banking
Square buys VC-backed payment app Verse

Verse joins the Cash App division at Square and continues to operate as an independent business

  • Exits
  • 17 June 2020
Electronic invoicing software
LEA Partners sells Bellin to trade

Sale to Nasdaq-listed Coupa marks the first exit from the GP's LEA Mittelstandspartner Fund

  • Exits
  • 15 June 2020
Steel bars and rods
Black Toro exits steel producer Irestal

Deal ends a five-year holding period for Black Toro, which boosted the company's growth and expansion

  • Exits
  • 15 June 2020
Online shopping apps
Kinnevik to sell 23.2% stake in Qliro to Rite Ventures

Deal will make Rite Ventures the largest owner of the Nordic e-commerce group

  • Exits
  • 12 June 2020
Russian taxi cabs
Baring Vostok, RTP Global to exit 2GIS

Valuation of 100% of the company's shares for the purpose of the transaction amounted to RUB 14.3bn

  • CEE
  • 12 June 2020
Womenswear and fashion retailers
Bridgepoint-backed Fat Face in debt-to-equity swap – report

Deal would reduce Fat Face's present £120m borrowing levels via a debt-for-equity swap

  • Exits
  • 11 June 2020
Residential renovations
Vaaka Partners sells Kotikatu to Norvestor-backed PHM

Sale ends a five-year holding period for Vaaka, which owned a majority stake in the company

  • Exits
  • 10 June 2020
Spas and saunas
Livonia sells Thermory to UG Investeeringud

UG Investeeringud had previously been a minority shareholder of the company

  • CEE
  • 08 June 2020
32 33 34
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