LOVEFiLM International Ltd, a DVD rental business backed by Index Ventures, Balderton Capital and DFJ Esprit, is to acquire Amazon Europe's DVD rental business in the UK and Germany. As part of this transaction, Amazon Europe will also make a cash investment and become the largest shareholder in LOVEFiLM International Ltd, and finally, the two companies will enter into a multi-year marketing agreement in which Amazon Europe will promote LOVEFiLM’s services on its sites for UK and German customers.Completion of the deal is subject to regulatory approval in the UK and Germany.
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra
Deal is Nylacast's second add-on transaction since the GP acquired it in 2018
New vehicle's target is almost double the €153m that Jet raised for its second fund
Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier