Official Record
Primary Capital exits Readypower in trade sale
Readypower was acquired in a management buyout in 2017
Cinven acquires Vitruvian-backed International Financial Group
Isle of Man-based insurance group comprises Ardan International, RL360 and Friends Provident International
FSI buys 60% of Iccrea's digital payments arm at EUR 500m EV
Carve-out deal is the ninth investment from FSI I, which closed on EUR 1.4bn in February 2019 and is now 75% deployed
Silverfleet reaps 2.6x in Care Fertility sale to Nordic Capital
Nordic Capital buys the IVF clinics chain for GBP 300m, equating to 15.7x EBITDA
Lightspeed, 468, BroadLight co-lead USD 200m Series B for Zapp
Round also saw participation from existing investors Atomico, Burda and Vorwerk Ventures
Pinova buys Sematell from IMCap
Small-cap technology investor IMCap bought Sematell in a carve-out from Attensity in 2015
Epiris acquires LDC-backed water pumps manufacturer Stuart Turner
Acquisition of the Oxfordshire-based company is the ninth investment made from Epiris Fund II
Highland Europe, Eurazeo lead Descartes EUR 120m fundraise
Series B raise comes 18 months after its Series A
Bencis to buy chemicals company Höfer Chemie
GP plans to acquire a majority stake in the business, according to a competition authority filing
Highland, HPE Growth-backed WeTransfer shelve IPO plans
Decision made to halt an initial public offering as a result of volatile market conditions
Verdane acquires marketing software developer Papirfly
GP is investing in the Norway-based marketing technology group via its EUR 540m Edda II fund
Gimv acquires specialist building materials company GSDI
Paris-based manufacturer of construction surface films records annual turnover of more than EUR 30m
Softbank Vision Fund leads EUR 200m Series D for Paack
Paack, now valued at EUR 1bn, has pledged to be the first delivery service to be 100% emission-free
Abris buys dentistry supplier Dentstore
Dentstore is Abris's third acquisition in the dental supplies sector, after Dentotal and Dentechnica
21 Invest sells LV Overseas to MML, BPI France in SBO
LV Overseas' management team will reinvest alongside MML Capital and BPI France
Warwick Capital closes third fund on USD 430m
Warwick focuses on the European mid-market, and is agnostic towards sectors and capital structure
Bridgepoint sells Element to Temasek for 3.7x money, 30% IRR
Testing, inspection and certification company is reportedly valued at USD 7bn in the sale to Temasek
Bowmark sells Leaders Romans to Platinum Equity
Bowmark formed the property services group via the merger of Leaders and Romans in 2016
Vitruvian leads GBP 125m round for AnyVan
Capital will help develop technology to disrupt the fragmented transportation markets in the UK and Europe
ECI exits KB Associates to Waystone for 3.7x
Montagu has recently taken control of the Waystone Group
Infravia Capital closes Growth Equity Fund on EUR 501m
Fund will invest in digital and technology infrastructure companies across Europe, and seeks to be deployed in 18 months
MML exits Waystone to Montagu, Hg for 11x money
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI
KKR makes EUR 1.5bn bid for Accell
Accell is the owner of brands including Raleigh, Sparta and Haibike
Eleven Ventures announces EUR 60m fund
Eleven Fund III is 10x bigger than its predecessor fund, which launched in 2018 and closed on EUR 6m