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Official Record

IT consultants and financial advisers
Granite Creek injects $15m into Morrow Sodali

Corporate advisory firm has recently expanded internationally and made a number of senior hires

  • Expansion
  • 08 August 2019
Blood samples and other clinical trial materials
Accelerated Ventures invests £3.5m in Biosignatures

Fresh capital will be used to analyse blood samples with the goal of developing 20 new tests

  • Expansion
  • 08 August 2019
Weight training in the gym
Bridges acquires low-cost gym franchiser Énergie Fitness

GP has previously invested in the sector by backing Viva Gym Group, Impact Fitness and The Gym Group

  • Buyouts
  • 07 August 2019
Science laboratories and medical diagnostics
IK sells Ellab to EQT

IK Investment Partners held the thermal validation services company for three years

  • Exits
  • 07 August 2019
Nappies and other baby hygiene products
Sofina invests €150m in Drylock Technologies

Sofina buys a 25% stake in Drylock, a diapers and incontinence products specialist

  • Expansion
  • 07 August 2019
Test Industry designs and manufactures test stands for industries
IGI invests in Route Capital-backed Test Industry

GP deploys capital from its IGI Investimenti Sei fund, which was launched with a €150m target in 2018

  • Buyouts
  • 07 August 2019
Online automotive retail
Exponent-backed Dennis Publishing bolts on Car Throttle

Deal is intended to increase the company's online presence in the automotive publishing space

  • Portfolio management
  • 07 August 2019
Money transfer firms
PE-backed Nets offloads division to Mastercard for €2.85bn

Acquisition comprises Nets' clearing and instant payment services, and e-billing solutions

  • Exits
  • 07 August 2019
Credit cards and other banking services
BlackRock et al. in $460m funding round for Klarna

Funding round values the payments and financing service at $5.5bn

  • Expansion
  • 07 August 2019
Child education services and learning disability assistance
Sovereign sells Outcomes First to Stirling Square's NFA

Deal for the specialist care provider brings to an end a six-year holding period for the vendor

  • Exits
  • 07 August 2019
Subways and mass transit networks
VCs invest $17.5m in Teralytics

Investors back Zurich-based transport analytics firm Teralytics to foster expansion abroad

  • Expansion
  • 06 August 2019
Concrete repair services
DPE acquires Stromberg

DPE acquires surface protection specialist Stromberg as a bolt-on for its portfolio company

  • Buyouts
  • 06 August 2019
Cloud computing and hosting services
Apse takes majority stake in Ultima

Recently formed GP typically invests in tech and tech-enabled companies valued at €50-200m

  • Buyouts
  • 06 August 2019
Oil rigs and production facilities
Altor sells Enhanced Drilling to EV Private Equity

EV Private Equity will combine Enhanced Drilling with Enhanced Well Technologies

  • Exits
  • 06 August 2019
Mandates to invest
Three Hills makes €192m secondary deal, supported by Idinvest

Three Hills offers LPs the option to reinvest in continuation vehicles or sell to Idinvest

  • Secondaries
  • 06 August 2019
Dental services and tools
Apposite's Riverdale Healthcare bolts on dental practises

Combined businesses will offer a greater range of private and specialist treatments

  • Expansion
  • 06 August 2019
Business training providers
Palamon carves out Business School24 from Il Sole

GP already owns a 51% stake in the company and is buying the remaining 49% for €21.5m

  • Expansion
  • 06 August 2019
Business presentations and strategy consultants
Chiltern takes majority stake in IMD Group MBO

Financial details remain undisclosed, though the GP typically writes equity cheques of up to £15m

  • Buyouts
  • 06 August 2019
Postal services
Quantum acquires Postcon

Quantum typically invests up to €15m for majority stakes in companies with revenues of €20-500m

  • Buyouts
  • 06 August 2019
Varicose vein treatment
Palatine impact fund backs Veincentre

Clinic operator focusing on varicose vein treatments will open new sites in Glasgow and Leeds

  • Expansion
  • 06 August 2019
Automotive leather interiors
NB Renaissance acquires leather producer Rino Mastrotto

Founding Mastrotto family will retain a significant stake and continue to lead the company

  • Buyouts
  • 05 August 2019
Smartphones and social media
Accel in $35m round for Fever

Deal brings the total amount raised by the social media software developer to $70m

  • Expansion
  • 05 August 2019
Adult education services
CVC buys online universities Pegaso and Mercatorum

GP deploys capital from its CVC Fund VII, which held a final close on its €15.5bn hard-cap in 2017

  • Buyouts
  • 05 August 2019
Van hire and logistics services
Aurelius carves out BT Fleet Solutions

Division generated a turnover of £209.5m in its most recent financial year

  • Buyouts
  • 05 August 2019
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