Official Record
Inflexion reinvests in Apax-backed Alcumus
Inflexion originally sold the risk management business in February via a GBP 600m SBO to Apax
Synthesis Capital holds USD 300m final close for debut fund
Costa Yiannoulis and David Welch spoke to Unquote about the food technology and alternative protein VC's strategy
Goldman Sachs AM beats sponsors to buy Norgine
Buyer's PE arm competed with Bain and Cinven in the auction second round
Cathay Capital launches EUR 500m health fund
New vehicle will invest at the crossover of health care, life sciences and tech with EUR 5m-50m tickets
Perusa to exit Müpro in SBO to IK
Management of the German industrial fixings supplier will reinvest with a minority stake
Ufenau acquires EinzelNet in first deal with Fund VII
Management and founders will retain a 25% stake in the Spanish IT services group; bolt-ons planned under new owner
Advent raises USD 25bn for GPE X
Around 40% larger than its predecessor, the new fund was raised in less than six months, managing director Johanna Barr tells Unquote
MB Funds to exit Raksystems in sale to Trill Impact
New majority owner will seek to expand the Finnish green building services specialist across Europe
PEAL Capital buys majority stake in Derma Medical
Deal marks the first investment by the female-led GPтs debut fund, which seeks to raise USD 300m
Sun European acquires DD Group in carve out from IDH
Vendor Palamon said deal is phase one of returning IDH to pureplay dentistry, will invest proceeds in M&A
Verdane scores 5x MOIC in partial exit of Inriver to THL
Majority investment from THL Partners sees Verdane retain a minority stake in the Swedish company
CVC to buy sports nutrition specialist The Quality Group
GP to acquire majority stake via Fund VIII; German group’s founders to reinvest in the deal
IK to sell 2Connect in SBO to Rivean
Management of the Dutch cable and connectors manufacturer will reinvest in the transaction
Ergon et al. sell Indo to PE-backed Rodenstock
Sherpa Capital and Oquendo Capital are also selling their stakes in the ophthalmic lenses producer
Mayfair buys majority stake in garage door group Garolla
Sponsor will seek to support domestic and European expansion of the companyтs D2C franchise model
Portobello Structured Partnership holds EUR 250m final close
Vehicle is the GP's first dedicated fund for minority stakes in Southern European mid-market companies
Hg to sell Itm8 to Axcel, Chr. Augustinus Fabrikker
Danish IT services company will merge with Axcel-backed AddPro to form a new group with DKK 2.6bn revenues
Earlybird holds EUR 350m final close for Digital West VII
Fund is double the size of its predecessor to keep pace with the market, Earlybird's Hendrik Brandis said
PAI Partners to sell Perstorp to Petronas subsidiary
Acquisition by Malaysian group values the Swedish specialty chemicals company at EUR 2.3bn
Andera Partners holds EUR 450m first close for Andera MidCap 5
Vehicle has a target of EUR 600m and is around 50% larger than its predecessor, Winch Capital 4
Bravo Invest reaps 3x, 4.5x MM apiece in Arbo and MTW exits
With sales of Italian portfolio companies to NB Renaissance and DBAG, respectively, Bravo’s debut fund has now conducted four exits
FPE holds GBP 185m final close for third fund
B2B software and services-focused GP plans to seize bolt-on opportunities amidst strong dealflow
Tikehau, Unilever, Axa form EUR 1bn impact fund
Each party has made a EUR 100m commitment and the agriculture-focused fund is now open to new LPs
Ergon holds EUR 800m final close for Fund V
New EUR 800m fund is almost 40% larger than its EUR 580m, 2018-vintage predecessor