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Official Record

Blood samples and other clinical trial materials
Pride Capital sells stake in Kairos to trade

Direct lender invested in Kairos in 2018 and was part of Main Capital until its spin-out in 2019

  • Exits
  • 04 March 2021
Circuit boards and electronic components
One Equity Partners buys stake in Cicor Group

GP is to acquire a stake in the Switzerland-based circuit board producer from HEB Swiss Investment

  • PIPEs
  • 04 March 2021
Biotech drug discovery companies
KKR invests $100m in Nordic Bioscience

GP is investing from Health Care Strategic Growth Fund, which held a final close in November 2017 on $1.2bn

  • Expansion
  • 04 March 2021
Servers and data storage
Beyond Capital Partners sells Sysob to trade

GP invested in the IT equipment distributor in 2016 via BCP Fund I; it is on the road for Fund II

  • Exits
  • 04 March 2021
Aluminium components
SICI backs Italian foundry 3M

Company plans to boost its technological development and bolster its international expansion

  • Expansion
  • 04 March 2021
Enterprise software
Pinova invests in Raynet

GP is investing in the IT service via Pinova II and plans to make two more deals from the fund

  • Buyouts
  • 04 March 2021
Hiking holidays and adventure tours
Riello buys Garmont International

GP invests in the company via Italian Strategy Private Equity Fund, which deploys tickets in the €5-30m range

  • Buyouts
  • 04 March 2021
Equipe Ceramicas produces tiles
Miura sells Equipe Cerámicas to Mandarin's Italcer

Miura reinvests in the deal alongside Mandarin and retains a minority stake in the combined group

  • Exits
  • 04 March 2021
Volocopter makes urban airborne transport vehicles
VCs in €200m round for Volocopter

New investors in the urban air mobility company include BlackRock and Avala Capital

  • Expansion
  • 03 March 2021
Fundraising in euros
Saga holds first close on €600m for eighth fund

GP started raising its latest fund in late September 2020 and plans to continue fundraising into Q2 of 2021

  • Funds
  • 03 March 2021
Support services for entrepreneurs
Pinova sells Human Solutions, Avalution to Bridgepoint's Humanetics

Deal is a partial exit for Pinova; the GP will retain fashion design software platform Assist

  • Exits
  • 03 March 2021
Crop-spraying machines
FII to launch €700m Agritech & Food Fund

Fund invests in companies across the food and agriculture sectors to boost their growth and technological development

  • Funds
  • 03 March 2021
Lawyers and corporate attorneys
Phoenix invests in Setfords Law; BGF exits

Phoenix will acquire a majority stake in the legal network; BGF invested £3.75m in Setfords in 2016

  • Buyouts
  • 03 March 2021
Shampoo and conditioner
Equistone acquires Franke Water Systems

Carve-out comprises kitchen and bathroom fittings businesses Water Systems Commercial Group and KWC

  • Buyouts
  • 03 March 2021
Pharma-focused fundraises
Sofinnova Crossover Fund closes on €445m

Fund focuses on investments in later-stage biopharma and medtech companies that need capital to scale up

  • Funds
  • 03 March 2021
Pet crematoriums
August Equity sells PCS to BC Partners' VetPartners

Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund

  • Exits
  • 03 March 2021
Cloud computing software and services
Bowmark, LDC sell Node4 to Providence

IT business was expected to fetch a valuation in excess of £300m, based on a 15x multiple

  • Buyouts
  • 03 March 2021
Electricity companies and utilities companies
OTPP, KKR to buy Caruna from First Sentier Investors, Omers

Following deal completion, KKR and Ontario Teachers' will each own 40% in the company, followed by AMF Pension with 12.5%, and Elo Mutual Pension Insurance Company with 7.5%.

  • Buyouts
  • 03 March 2021
Tonic Games is the developer of video game Fall Guys
Synova sells Tonic Games to Epic, nets 200% IRR

Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return

  • Exits
  • 03 March 2021
Italian tech entrepreneus and business consultants
CBPE invests in Mindera

Software systems developer is the GP's first investment from its £561m CBPE X vehicle

  • Expansion
  • 02 March 2021
Cruise ships and holiday services
Tikehau to become majority shareholder in Cruiseline

Following the deal, Montefiore retains a minority stake and a seat on the company's board

  • Refinancing
  • 02 March 2021
Corporate governance and environmental policy
Beyond Black holds first close for Pledge Fund I

Following the €20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund

  • Venture
  • 02 March 2021
Cloud computing and hosting services
NorthEdge invests in Distology

GP is investing from its £120m SME Fund, which held a final close in July 2018

  • UK / Ireland
  • 02 March 2021
Insurance brokers
Inflexion invests in DR&P Group

GP is acquiring a majority stake in the insurance broker via Inflexion Enterprise Fund V

  • Buyouts
  • 02 March 2021
65 66 67
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