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Official Record

Industrial cooling machines
Gimv sells Climate for Life to Parcom

Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant

  • Exits
  • 03 December 2020
Solar panels and related renewable energies
VCs in €12m round for GreenCom Networks

Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform

  • Expansion
  • 03 December 2020
Yachts and sailing equipment
Wise acquires Cantiere del Pardo

GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019

  • Buyouts
  • 03 December 2020
Parcel delivery services
Verdane, Canica acquire Porterbuddy

Investment reportedly gives the company a valuation of NOK 200m, up from NOK 120m a year ago

  • Buyouts
  • 03 December 2020
Business courses and employee training services
THI invests in Corndel

Corndel, an education provider, will focus on developing its training offering with the new investment

  • Buyouts
  • 03 December 2020
IT outsourcing services
Omers leads $20m round for Ultimate.ai

New investor Felicis Ventures also backed the round for the customer service automation software

  • Expansion
  • 03 December 2020
Gabion cages for construction
Carlyle buys Officine Maccaferri

Maccaferri filed for the bankruptcy protection procedure known as "concordato preventivo con riserva" in May 2020

  • Turnaround/Special Situations
  • 03 December 2020
Business consultants and skilled professionals
LDC acquires minority stake in Foundation SP

LDC has backed the company's existing management team, led by Simon Grosse as CEO

  • Expansion
  • 03 December 2020
Monzo is a banking and payments service
Investors in £60m round for Monzo at £1.24bn valuation

Monzo has been using the UK furlough scheme and subsequently making around 80 employees redundant

  • Expansion
  • 03 December 2020
Inwerk designs office furniture
Triton acquires Inwerk

Acquisition of the office furniture producer is the 10th from Triton's Smaller Mid-Cap Fund

  • Buyouts
  • 03 December 2020
Fundraising in euros
Target Global holds first close for second growth fund on €300m

Target Global I closed on €300m in 2015 and is now fully deployed

  • Funds
  • 02 December 2020
Gig speakers and audio systems
Balderton leads $15m series-A for Vivenu

Existing investor Redalpine also participates in the round for the online ticketing platform

  • Expansion
  • 02 December 2020
Concrete materials for construction projects
PE-backed Sortera acquires Vaihtolava

Deal is Sortera's 13th acquisition since it was established in 2006

  • Portfolio management
  • 02 December 2020
A close up inspection of the consolidation strategies playing out in the Nordic enterprise software market
Alpina sells Modula to PE-backed Aptean

Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015

  • Exits
  • 02 December 2020
Science laboratories and medical diagnostics
Sofinnova, Polaris lead CHF 54m series-A for Noema

Noema plans to use the fresh capital to fund the development of its clinical-stage pipeline

  • Early-stage
  • 02 December 2020
PropelAir makes low-water toilet flushes
Earth Capital leads £3m round for Propelair

Around £500,000 of the capital was raised from 866 new investors in Seedrs' network

  • Expansion
  • 02 December 2020
Medical tools sterilisation machines
SHS sells Puracon to IK-backed Klingel

Deal marks Klingel's third add-on under IK ownership, as well as SHS's third exit of 2020

  • Exits
  • 02 December 2020
Online identification and cybersecurity
Ace Management leads €20m series-C for EclecticIQ

Company plans to use the fresh capital to scale up its teams and further expand internationally

  • Expansion
  • 02 December 2020
Human resources and recruitment agencies
Livingbridge sells Up Group to Omers-backed Alexander Mann

Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline

  • Exits
  • 02 December 2020
Voi is an electric scooter company
Raine Group leads $160m series-C round for Voi

New funding is reportedly three parts equity and one part debt, and brings Voi's total funding to $360m

  • Expansion
  • 02 December 2020
Salons and styling products
All Iron, Alma Mundi, FJ in $21m series-B for Jeff

Company intends to use the fresh capital to further boost its expansion across Europe and the US

  • Expansion
  • 02 December 2020
Air particle sensors
AEA aquires majority stake in Battery-backed PST

PST is a group of seven companies in Battery Ventures XI fund, which closed in 2016

  • Exits
  • 02 December 2020
Portfolio performance
Via Equity sells Profit Software to Volpi

Sale comes six years after the GP, alongside Tesi, acquired the company from CapMan

  • Buyouts
  • 02 December 2020
Business loans
Mirabaud Lifestyle Impact & Innovation holds €56m first close

Fund targets companies active in the ready-to-wear, cosmetics, jewellery, accessories, health and lifestyle sectors

  • Funds
  • 01 December 2020
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