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Official Record

Dollar-denominated life sciences fund
LSP closes sixth fund on $600m

Fund invests in European companies developing new medications and medical technologies

  • Funds
  • 10 March 2020
Wealth managers and financial advisers
Dunedin's FRA secures £100m refinancing

FRA recently opened offices in the Nordic region, as well as in New York, Dallas and Philadelphia

  • Refinancing
  • 10 March 2020
Insurance brokers
PE-backed Tinubu acquires eSurety

Long Arc Capital and BPI France inject an additional €15m to finance the transaction

  • Expansion
  • 10 March 2020
Road accident insurance and legal advice
General Atlantic exits ControlExpert to Allianz X

Exit comes after a three-year investment period in the vehicle insurance claim auditing platform

  • Exits
  • 10 March 2020
Internet and network servers
Nordian Capital Partners sells Open Line to Capital A

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

  • Buyouts
  • 10 March 2020
Online data services
MML sells Altius to Avanade

Avanade recently acquired Germany-based Alnamic, a provider of business transformation services

  • Exits
  • 10 March 2020
Young woman at graduation ceremony
Sparkmind holds first close for debut ed-tech fund

KRR III and Finnish Industry Investment back the fund as cornerstone investors

  • Funds
  • 10 March 2020
Cybersecurity firms
Marlin Equity Partners acquires Heimdal Security

Cybersecurity firm has a strong presence in Scandinavia, the UK and the US

  • Buyouts
  • 09 March 2020
Video conferencing and VOIP cloud systems
Bowmark Capital invests in Focus Group

Additional funding of around £150m will be made available for the company's acquisition plan

  • Buyouts
  • 09 March 2020
Higher education firms
Providence sells Galileo to CPP-led consortium

Consortium also comprises Montagu, alongside existing shareholders Téthys Invest and BPI France

  • Buyouts
  • 09 March 2020
House construction and building materials
Battery acquires WinWorker

GP is investing from its Battery Ventures XIII fund, which held a final close on $1.2bn in February 2020

  • Buyouts
  • 09 March 2020
Driving lessons and instructors
Korona Invest acquires Epic Driving School

Company's net sales in 2019 stood at €8.8m, with EBITDA of €700,000

  • Buyouts
  • 09 March 2020
Pet stores
Mobeus leads £3.5m round for Bella & Duke

Mobeus investment executive Joshua Henshaw will join the board of Bella & Duke

  • Expansion
  • 09 March 2020
Sushi on a plate
Litorina acquires Swedish restaurant chain Sushi Yama

PE house sees potential for 100-150 new restaurants in Sweden alone and is searching for new locations

  • Buyouts
  • 09 March 2020
Pine forests and timber products
Ardian and Tikehau to exit DRT to trade

Ardian invested in the plant-based chemicals company in 2017 in a deal valued at €1bn

  • Exits
  • 06 March 2020
Media planning and marketing
Ufenau buys stake in Integr8

GP is seeking add-ons in the digital marketing space for the Berlin-based agency

  • Buyouts
  • 06 March 2020
Pressure gauge
Advent-backed Rubix acquires Barlotti, Walter Gondrom

Unquote understands the acquisitions were not backed by fresh equity from the firm

  • Portfolio management
  • 06 March 2020
Blood testing biotechnology
Summit-backed Viroclinics acquires DDL

Bob van Gemen, CEO of Viroclinics Biosciences, will serve as CEO of the combined organisation

  • Portfolio management
  • 06 March 2020
Human resources software developer
TA- and Hg-backed Access acquires JMI-backed CoreHR

Alongside JMI Services, US-based private equity firm JMI Equity invested in CoreHR in January 2016

  • Exits
  • 06 March 2020
Care homes and elderly care
Limerstone buys Patricia Whites and Country Cousins for £14m

Grant Thornton was engaged to explore an auction process for the assets in December 2019

  • Buyouts
  • 06 March 2020
Business consultants
BGF and Coutts announce UK Enterprise Fund

Specific initiatives and programmes will be put in place to support female-led businesses

  • Funds
  • 06 March 2020
Iconic Nordic Rooms manufactures bathroom fixtures
CapMan exits INR to Dansani

Merged company aims to expand beyond Scandinavia and into markets in central Europe

  • Exits
  • 06 March 2020
Pharmacies and over-the-counter drugs
LDC acquires stake in healthcare company Ashtons

Founder Laurence Sprey will exit the company, with LDC backing the management team

  • Buyouts
  • 06 March 2020
Fundraising in dollars
Frontline closes FrontlineX fund on $80m

Frontlinex has already made investment in TripActions’ series-B and People.AI’s $100m series-C

  • Funds
  • 05 March 2020
155 156 157
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