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Official Record/Deals

Mining and recycling plants
Hg acquires Geomatikk

GP is deploying from its Hg Mercury 2 Fund, which held a final close on £575m in February 2017

  • Buyouts
  • 18 December 2020
Car fleets
VC-backed Cazoo acquires Target Global-backed Drover

Cazoo generates revenue of £150m and has a valuation of more than £2bn

  • Exits
  • 18 December 2020
Online shopping
TCV leads $130m round for Spryker

Series-C round values the Germany-headquartered e-commerce software platform at more than $500m

  • Expansion
  • 18 December 2020
Bowl of tomato soup
Arcus buys majority stake in BitterLiebe

Founders of the bitter dietary supplements producer are to retain a minority stake in the company

  • Buyouts
  • 18 December 2020
Conducting job interviews over video conferencing software
Draper Esprit leads $30m round for CoachHub

Round is also backed by HV Capital, Partech, Speedinvest, Signals Venture Capital and RTP Global

  • Expansion
  • 18 December 2020
Online learning courses
Ardian buys AD Education

BC Partners and CVC were also reportedly among suitors mulling a bid for AD Education

  • Buyouts
  • 18 December 2020
Broadband internet services for home consumers
Toscafund, Penta to acquire TalkTalk for £1.1bn

Consortium offered 97 pence per share, a premium of 16.4% on the unaffected share price of 83.3 pence

  • Buyouts
  • 17 December 2020
Antartica cruises
Bolster invests in Oceanwide Expeditions

Investment in the Arctic and Antarctic cruise company is Bolster's third deal of 2020

  • Expansion
  • 17 December 2020
Pharmaceuticals
SHS buys minority stake in Develco Pharma

Growth capital deal is the ninth investment from the healthcare-focused GP's fifth fund

  • Expansion
  • 17 December 2020
Business consultants
Omnes buys minority stake in Tennaxia

Company will use investment to step up cross-selling strategy, strengthen sales teams, and attract new customers

  • Buyouts
  • 17 December 2020
Translation services
LDC exits Texthelp, Five Arrows invests

LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners

  • Exits
  • 17 December 2020
Microblink is an ID-scanning software product
Silversmith invests $60m in Microblink

General partner Sri Rao has joined the company's board of directors as part of the investment

  • Expansion
  • 17 December 2020
Urinals and public bathroom hygiene products
Northstar invests in Vectair

Mobeus sold the business for an 8.3x return to Oxbow and Arcspring in December 2020

  • Buyouts
  • 17 December 2020
Taxi hailing and scooter hire app Bolt
D1 leads €150m round for Bolt

Bolt will use the funds to enhance the safety and quality of its products as it grows in Europe and Africa

  • Expansion
  • 17 December 2020
Blood samples and other clinical trial materials
Sanofi et al. back €47m series-B for MinervaX

MinervaX has so far raised a total of $81.5m in funding, including grants

  • Early-stage
  • 16 December 2020
Worker preparing metal sheet
Mutares to acquire Primetals Technologies France

Deal will see the business carved out from its parent company on expected completion in February 2021

  • Buyouts
  • 16 December 2020
Solar panels and related renewable energies
Auctus acquires Energiekonzepte Mitteldeutschland

Solar panel installation business intends to pursue a buy-and-build strategy in the German market

  • Buyouts
  • 16 December 2020
Pesto pasta dishes
Equinox buys pesto specialist Clas

Equinox invests in the business via its Equinox III fund, which closed on €360m in July 2020

  • Buyouts
  • 16 December 2020
Medical specialisations are keeping the blood pumping in Polish healthcare deal activity
Procuritas buys and merges Medpro and Omtanken

GP is deploying equity from Procuritas VI, which held a final close on €318m in May 2017

  • Buyouts
  • 16 December 2020
Accounting software and business resource management
Accel leads $21m round for Taxdoo

Series-A for the online retail VAT software is also backed by Visionaries Club, 20VC and HTGF

  • Expansion
  • 16 December 2020
Road accident insurance and legal advice
Mobeus backs £9.5m ABL1Touch buyout

Management team will be joined by Bill Duffy, previously of Nationwide Autocentres

  • Buyouts
  • 16 December 2020
Online car classifieds
Providence buys La Centrale

Following the deal, which is expected to close in Q1 2021, Axel Springer will retain a minority stake

  • Buyouts
  • 16 December 2020
Environment-focused partnership
Gyrus completes recap for DuPont Sustainable Solutions

First realisation since the GP's establishment in 2018 sees a 60% return on invested capital for investors

  • Refinancing
  • 16 December 2020
Solar farms
FSN to acquire 45% stake in Obton

GP is reportedly paying €403m for its stake, corresponding to a valuation of 25x profit for 2019

  • Buyouts
  • 16 December 2020
63 64 65
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