Official Record
TDR, private investors to acquire Asda for £6.8bn
Asda was previously in talks with Sainsbury's, which would have paid £7.3bn for the asset
OpenGate-backed SMAC to sell Axter to trade
OpenGate last year carved out SMAC from French road construction company Colas
Seaya Ventures III holds €85m first close
Fund targets technology companies based across southern Europe, with the aim of supporting their expansion
PrecapitalPartners to acquire Dat Backhus
Special situations investor is to acquire the bakery chain after its April 2020 insolvency filing
White Star holds first close for $30m Digital Asset Fund
Fund invests in blockchain-enabled businesses at each layer of the tech stack, with a focus on Europe and the US
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m
Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn
Inspirit invests in Procam Group
GP is currently investing from its debut vehicle, Inspirit Fund I, which held a final close on its £50m hard-cap in December 2019
Sun Capital's Flabeg acquired by lender Cordet
Cordet Capital provided financing for the automotive glass parts supplier in 2016 and 2018
Investindustrial launches €600m China-Italy Fund
CIICF intends to support the expansion and development of Italian companies across the Chinese market
Further Global acquires majority stake in AA Ireland for €240m
AA Ireland posted €13.7m in net profits in the year to January 2020 on sales of €62.4m
Warburg Pincus sells stake in Avaloq at CHF 2bn valuation
GP invested in the banking software platform in 2017 at a CHF 1bn valuation and held a 45% stake
Global Founders, Rocket et al. in £21m round for Knoma
Knoma says it will initially focus on the UK market, and plans to expand globally in the coming years
Limerston-backed Arch Sciences acquires Apex Scientific
Formerly called Crawford Scientific, Limerston acquired the company in October 2017 from Maven
DBAG invests in Hausheld
Deutsche Beteiligungs AG has acquired a minority stake in the Germany-based smart meter company
Norvestor exits Aptilo Networks to trade
GP exits the company nine years after acquiring it for €14.5m
BC-backed VetPartners acquires Hyperthyroid Cat Centre
BC acquired VetPartners from Ares Management, Credit Group and August Equity for around £700m
Oakley Capital acquires 7NXT from Crosslantic
Crosslantic acquied the online fitness and health nutrition business from ProSiebenSat in 2018
European Circular Bioeconomy Fund holds first close
European Commssion-backed fund is targeting €250m and aims to hold a final close by August 2021
CDP Venture Capital leads €15m series-C for Wise
Indaco and Eureka also take part in the round, alongside previous backers including Principia and HTGF
Norrsken, EQT Ventures et al. in $10m round for Einride
Electric trucks startup has raised $42m in financing since being founded in 2016
Arcano Secondary Fund XIV launches with €300m target
Fund will invest in mid-market buyout and growth capital vehicles across Europe and the US
General Catalyst et al. in £240m round for $2bn+ Cazoo
Online used car marketplace Cazoo has generated £100m in revenues to date in 2020
Aksia's COC Farmaceutici buys Tubilux
With this acquisition the GP intends to create a platform for the development and manufacturing of ophthalmic products
Mobeus injects $3.8m into Preservica
Mobeus initially supported the spin-out of the original Preservica technology from portfolio company Tessella