Official Record
DevCo raises EUR 260m for fourth fund
Like its predecessors, DevCo IV will back a single asset operating in a niche international market
Argos Wityu acquires majority stake in Groupe Fedd
GP bought its 90% stake in the electronics specialist via Argos Wityu Mid-Market VIII
Main Capital buys Oribi and Qics
Deals are the first two from software investor Main Capital's EUR 210m Foundation Fund
Saga closes fund-of-funds on EUR 720m hard-cap
Saga was founded by three former employees of Danske Bank's private equity department
KKR invests in Körber
Körber is a global supply chain software business founded in 1995
Hg invests in Bowmark-backed Pirum
Hg and Bowmark share joint control of Pirum with the company's management team retaining a significant stake
Grocery delivery startup Flink closes USD 750m Series B round
German grocery delivery startup has comfortably exceeded unicorn status in just a year since inception
ECI sells Content+Cloud for 4.1x money
Sale of the IT service and digital consultancy ends a five-year investment period
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
TCV-backed Grupa Pracuj lists in EUR 1bn IPO
TCV first invested in the Poland-headquartered online recruitment platform in 2017
Eir closes life sciences venture fund on EUR 122m
Nordic-based Eir Venture Partners has held a final close on EUR 122m for Eir Ventures I
VCs support USD 475m first close of Monzo's latest round
Bank is expected to raise more than USD 500m on the round's second close at a USD 4.5bn valuation
Permira in USD 5.8bn Mimecast take-private
Announcement follows a series of discussions with potential strategic and financial investors
Triton to buy Clinigen in GBP 1.2bn deal
Board of the UK-based listed pharmaceuticals company has agreed to the offer
MTIP holds USD 250m final close for second fund
Health technology firm has made five deals from the fund and expects to back 10 companies in total
Providence sells Tes Global to Onex
Providence originally acquired the education software provider in an SBO from TPG Capital
Inflexion reaps 6x on Halo trade sale
Inflexion accrues a 53% IRR from the sale of the network components manufacturer
Inflexion invests in WithWise
GP takes a minority stake in the UK-based staff management platform for logistics delivery firms
LDC sells SRL Traffic Systems to 3i Infrastructure
LDC is to sell SRL Traffic System, a UK-based provider of portable and temporary traffic equipment, to 3i Infrastructure
Apax sells Unilabs to AP Moller
Laboratory and imaging diagnostics service is valued at more than EUR 5bn
Foresight sells DA Languages to IK Partners in SBO
IK expanded its UK operations to include a local small-cap team headed by partner Tom Salmon in 2020
Gilde buys minority stake in Emeram's Init
Emeram bought a majority stake in the digitalisation consultancy in 2019 via its EUR 400m debut fund
O3, Novum to acquire Gumtree UK, Motors.co.uk
Sale is required for Adevinta to obtain approval from the UK CMA to buy eBay Classifieds
Kinnevik leads USD 500m round for JobAndTalent
Series E, which also features SoftBank Vision Fund 2, gives the company a USD 2.35bn valuation