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Official Record

Green investing and ESG
Azalea holds USD 100m first close for sustainability fund-of-funds

Fund-of-funds will invest in managers focused on ESG and positive environmental and social impact

  • Fund-of-funds
  • 30 March 2022
Doctor performing hearing exam
Summit buys 18 Week Support

Deal for UK-based NHS insourcer confirmed by March 25 Companies House filing; buyout follows Houlihan Lokey-led auction launched last year

  • Healthcare
  • 30 March 2022
UK fund closes and launches
Growth Capital Partners V holds GBP 260m final close

UK-based GP aims to provide flexible capital for UK-based technology, services and industrials SMEs

  • Buyout
  • 30 March 2022
Property management and real estate
Equistone sells FirstPort to sponsor-backed Emeria

Deal for UK property management group marks first exit from Equistone Partners Europe Fund VI

  • Exits
  • 30 March 2022
Financial technology companies
Vitruvian makes USD 35m investment in Moonfare

Deal comes shortly after Insight Partners led a USD 125m Series C for the PE investment platform

  • Expansion
  • 29 March 2022
Car insurance
Connection Capital exits Tempcover to RVU for 5x money

London-based RVU owns Uswitch, Confused.com, and Money.co.uk

  • UK / Ireland
  • 29 March 2022
Website design and hosting services
IK Partners invests in Sitevision

IK Small Cap III will hold minority stake while founders will reinvest and remain majority owners

  • Buyouts
  • 29 March 2022
Medicine specifically for women
CVC sells Theramex to Carlyle, PAI for GBP 1.2bn

CVC acquired the women's health pharmaceutical business in a USD 703m carve-out in 2017

  • Exits
  • 28 March 2022
Marketing software
Equistone sells Team ITG to Bridgepoint

GP to rejoin the marketing activation business as minority shareholder via its dedicated Reinvestment Fund

  • Buyouts
  • 28 March 2022
Olive trees
Investcorp exits Agromillora to Edify

GP invested EUR 30m in growth initiatives since entry in 2016; founders of the Spanish plant propagation services group are reinvesting

  • Southern Europe
  • 28 March 2022
Healthcare software developers
Livingbridge buys Nourish Care Systems

GP’s investment will aim to further develop the UK-based provider of digital care planning software to the social care sector

  • Buyouts
  • 25 March 2022
Lingerie designers
Carlyle to sell Hunkemöller to Parcom, Opportunity

GP will exit majority stake in the Dutch lingerie brand and reinvest as minority shareholder

  • Buyouts
  • 25 March 2022
Solar energy
Altor Equity acquires minority stake in Svea Solar

GP becomes lead investor in the Swedish cleantech with purchase of all shares owned by Axel Johnson-backed Axsol

  • Nordics
  • 24 March 2022
Online auction platforms
Summa co-invests in Castik-backed TBAuctions

Summa joins as shareholder after financing three Nordics-based bolt-ons for the online auctions platform

  • Expansion
  • 23 March 2022
Credit reports and financial advisers
Exponent sells Enra to Elliot Advisors

Exit reportedly values the UK-based specialist mortgage finance provider at more than GBP 350m

  • Exits
  • 23 March 2022
Largo Leisure is a Scotland-based luxury rental accommodation provider
Limerston Capital buys Largo Leisure in first Fund II deal

Deal also marks the new fund’s first closing; GP to seek bolt-ons for the Scotland-based holiday park operator

  • Buyouts
  • 23 March 2022
Thermal insulated panels
Innova exits Trimo for 4.5x money

Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process

  • CEE
  • 22 March 2022
Environmental services
Palatine buys significant minority stake in Cura Terrae

GP becomes the single largest shareholder in the newly created UK-based environmental services group

  • Buyouts
  • 21 March 2022
IT consultancies and outsourcing
DBAG acquires Akquinet

Listed German GP said in a statement that it has now invested in five IT service businesses to date

  • Buyouts
  • 21 March 2022
Clearing banks
Apax leads GBP 175m round for ClearBank

Clearing and embedded banking platform is the first deal from the GP’s USD 1.75bn Apax Digital II

  • Expansion
  • 21 March 2022
Online wealth management
Clearlake, Motive to acquire BETA+ from LSEG for USD 1.1bn

GPs will use wealth management processing solutions provider as a buy-and-build platform and enter new high growth markets

  • Financials
  • 21 March 2022
Corporate governance services and software
DiliTrust backed by Eurazeo, Cathay, Sagard Newgen in EUR 130m deal

Transaction will see Calcium Capital exit the French corporate governance services provider; Eurozeo to contribute with EUR 52m

  • Buyouts
  • 18 March 2022
Fundraising in euros
GRO Capital holds EUR 600m final close for Fund III

B2B software-focused fund is more than twice the size of its EUR 255m, 2018-vintage predecessor

  • Buyout
  • 17 March 2022
Spend management software
Advent acquires minority stake in Medius

Marlin Equity is reinvesting with a majority stake in the Swedish spend management software company

  • Buyouts
  • 17 March 2022
22 23 24
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