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Official Record

Coding software engineers
P101 leads €6m funding round for Codemotion

P101 invests €3.5m in the company from two vehicles, Programma 102 and co-investment fund ITA500

  • Expansion
  • 08 April 2020
Italian investments
Springrowth closes debt fund on €417m, plans new €200m rescue fund

Fund targets mid-market European companies generating EBITDA of at least €3m and revenues of €30-150m

  • Funds
  • 08 April 2020
Internet search portals
Maven VCTs lead £3.5m round for Nano

Foresight Group, which is an existing investor in the company, also participates in the round

  • Expansion
  • 08 April 2020
Cloud computing software and services
Palatine invests in Acora

Acora was sold in an auction, which saw Inflexion Private Equity and LDC make bids

  • Buyouts
  • 08 April 2020
Hand sanitiser
EQT enters exclusive negotiations to acquire Schülke

Sale process saw EBITDA adjustments due to the hygiene product company's increased revenues

  • Buyouts
  • 07 April 2020
Pensioner travel insurance
Xpension raises €25m series-C round led by HPE Growth  

Company has raised more than €50m in funding so far.

  • Expansion
  • 07 April 2020
Schedule management software
Five Arrows to take Harvest private

Holdco plans to file a proposed public buyout offer with French regulator AMF at €90 per share

  • Buyouts
  • 07 April 2020
Fundraising in euros
Patrimonium holds €100m first close for debut fund

GP aims for final close within 12 months, despite the ongoing impact of Covid-19

  • Funds
  • 07 April 2020
Investments in US dollars
Insight Partners XI closes on $9.5bn

Fund deploys equity tickets in the $10-350m range in startups operating across the software industry

  • Funds
  • 07 April 2020
UK fund closes and launches
YFM closes Buyout Fund II on £80m

GP plans to make investments this year and expects prices to drop "somewhat" in the current environment

  • Funds
  • 07 April 2020
Coders and programming software
Lakestar leads $13m series-A for Yapily

Lakestar is currently investing its third early-stage-dedicated fund and its first growth fund

  • Expansion
  • 07 April 2020
Fraud prevention services
Warburg Pincus leads $80m series-C for Privitar

Warburg Pincus is currently investing from its Global Growth Fund, which closed on $14.8bn

  • Expansion
  • 07 April 2020
Social networks and online marketing services
Main Capital-backed Obi4wan buys HowAboutYou

With the support of Main Capital, the group plans to build a software platform and expand internationally

  • Portfolio management
  • 06 April 2020
Remote working
Holland Capital invests in Eshgro

GP first invested in the cloud software provider in 2017 and owns a majority stake in the company

  • Expansion
  • 06 April 2020
Information technology consultants
Ufenau buys majority stake in Ikor

Investment in the Hamburg-based digitalisation consultancy is the second from Ufenau VI

  • Buyouts
  • 06 April 2020
Artificial insemination and pregnancy healthcare services
Elysian sells Wellbeing for 4.5x return

Wellbeing is a provider of radiology and maternity software that manages patient workflow and data

  • Exits
  • 06 April 2020
Peer-to-peer loans between SMEs
KKR invests up to $500m in Kilter

Kilter Finance makes investments from its own balance sheet and is funded by its management team

  • Expansion
  • 06 April 2020
Banks and financial institutions
Seed Capital leads €20m series-B for digital bank Lunar

Company also appoints former Monzo head of product to its board of directors

  • Expansion
  • 06 April 2020
Cloud computing and hosting services
MMC leads $7m series-A for Ably

MMC Ventures invests from its MMC Greater London Fund, which closed on £52m in May 2019

  • Expansion
  • 06 April 2020
Digital signature
Nordic Capital-backed Signicat acquires Connectis

Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures

  • Portfolio management
  • 03 April 2020
Fundraising in euros
Riello Investimenti launches €150m debt fund

Fund is larger than its predecessor, Impresa Italia Private Debt I, which raised €70m in 2016

  • Funds
  • 03 April 2020
Data-driven marketing
Consortium backs $112.5m round for Collibra

Data software company was valued at $1bn post money in its 2019 round and is now valued at $2.3bn

  • Expansion
  • 03 April 2020
The Fourth Industrial Revolution has arrived
FVS exits Exor, buys stake in Holdex

FVS invests for minority stakes in Italian companies operating in a wide range of sectors

  • Exits
  • 03 April 2020
Healthcare software
Main Capital buys majority stake in health software firm Alfa

Netherlands-based GP paid €15-20m for its stake in the company

  • Buyouts
  • 03 April 2020
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