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Official Record

Fundraising in US dollars
KKR targets $1.5bn for second growth tech fund

Fund was registered in Luxembourg in November last year and expects to hold a final close in Q3

  • Funds
  • 12 June 2019
Professional carpet cleaning and renovations services
Arkéa backs Groupe Vert, bolts on Netvime

Arkéa finances the merger of the France-based eco-friendly cleaning services providers

  • Expansion
  • 11 June 2019
Ramen noodles
YFM invests £5m in Tonkotsu

YFM used equity from its British Smaller Companies VCT and VCT 2 funds for a minority stake

  • Expansion
  • 11 June 2019
Used bank notes
Crane Venture holds final close for maiden $90m fund

Pan-European vehicle will target early-stage enterprise software and data-focused startups

  • Funds
  • 11 June 2019
SFD makes bespoke mannequins
Elaghmore acquires SFD

Visual merchandising business is the third component in the GP's diplay-focused, buy-and-build play

  • Expansion
  • 11 June 2019
Ideal of Sweden is a smartphones accessories designer
Altor buys Ideal of Sweden

Founders Joachim Lindström and Filip Ummer, and EEquity reinvest in the transaction

  • Buyouts
  • 11 June 2019
Engineers and construction tablet apps
Andera exits Erget in management buy-back

Erget is the 11th divestment from Andera's Cabestan vehicle, which closed on €113m in 2011

  • Exits
  • 11 June 2019
Automotive factories and bodywork manufacturers
HTGF et al. invests in Simreka

Sap.IO, Sap's early-stage investment arm, also invested in Simreka with High-Tech Gründerfonds

  • Expansion
  • 11 June 2019
Cloud computing and hosting services
Chiltern backs Perfect Image MBO

Founder of the Newcastle-based IT consultancy will continue in a non-executive capacity

  • Buyouts
  • 11 June 2019
The Star Capital sale of Pepcom to Tele Columbus highlights consolidation in the DACH cable market
EQT transfers IP-Only to infra fund

EQT makes the divestment from its EQT Mid Market and EQT Mid Market Europe funds

  • Exits
  • 11 June 2019
Architecture plans and renovation services
PEP's IDB buys interior design specialist Modar

Modar is the sixth bolt-on inked by IDB, which expects to reach a turnover of €130m in 2019

  • Portfolio management
  • 10 June 2019
Corrugated cardboard
INVL invests €30m in Grigeo carve-out

Subsidiary of the fund will acquire 49.99% of the division's shares in a two-part transaction

  • Expansion
  • 10 June 2019
Dental services and tools
Advent backs Spanish dental group Vitaldent

GP intends to accelerate the company's organic growth and strengthen its market position

  • Buyouts
  • 10 June 2019
Plastics and composite resins
Steadfast Capital backs BUK and UHB

Steadfast Capital invests in lower-mid-market companies with enterprise values of between €20-150m

  • Buyouts
  • 10 June 2019
Global payments providers
SEP invests €25m in Immedis

Transaction will enable the Irish payroll software developer to double its headcount

  • Expansion
  • 10 June 2019
Agro Merchants Groups is a cold storage logistics company
Oaktree's Agro buys Friopuerto's Iberian operations

Under Oaktree's ownership, storage operator Agro bolted on around 20 companies

  • Portfolio management
  • 10 June 2019
Goodiebox delivers cosmetics
VC firms back €5.7m series-A for Goodiebox

Danish Growth Fund takes part in the financing alongside technology incubator Inqvation

  • Expansion
  • 10 June 2019
Automotive quality control
Mutares to acquire Kico

Germany-based Mutares invests in companies with small profits and revenues of €50-500m

  • Buyouts
  • 10 June 2019
Depop is an app for fashion creatives
General Atlantic leads $62m round for Depop

Transaction for the clothing marketplace app comes five months after H-Farm exited the business

  • Expansion
  • 10 June 2019
Hams and salamis
PE-backed Raffin bolts on Maison Milhau

Combined business of meat food products is expected to generate revenues of €80m

  • Portfolio management
  • 10 June 2019
Energy-saving consultants and applications
Galiena Capital acquires Cameo Energy stake

GP backs the primary buyout of Cameo Energy, a specialist in energy transition services

  • Buyouts
  • 07 June 2019
Fundraising in Spain
Nazca Capital closes lower-mid-market fifth fund on €150m

Nazca Fund V will target small Iberian companies with high-growth potential

  • Funds
  • 07 June 2019
Creative agencies and marketing teams
Innova to acquire majority stake in CS Group Polska

Deal is the fourth investment made from the GP's sixth fund, which has a €325m hard-cap

  • Buyouts
  • 07 June 2019
Manager checking inventory in supermarket
Ardian-backed Jakala acquires marketing specialist Volponi

Following Volponi’s acquisition, Jakala expects to further expand and reach revenues of €250m

  • Portfolio management
  • 07 June 2019
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