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Month: August 2020

Oxy Capital exits Prio Energy to trade

Oxy Capital has sold Portuguese petrol station operator Prio Energy to Spanish company Disa.

Quuppa raises €20m from Bocap and TCG

Finnish provider of real-time locating systems technology Quuppa has raised €20m in a series-A round from Finland-based investors Bocap and Tech Consulting Group (TCG).

Waterland Private Equity acquires climate-friendly energy company Modstrøm Danmark

Waterland Private Equity is acquiring climate-friendly electrical supplier Modstrøm Danmark a year after Modstrøm’s revenue was $40.84m and its operating profit increased by 47% to $4.77m. The deal will see Waterland become a majority shareholder

Williams Grand Prix to sell WGPE to Dorilton for €152m

Williams Grand Prix (WGP) has agreed to sell Williams Grand Prix Engineering (WGPE) to Dorilton Capital for €152m.

I Squared Capital is back in the fundraising market with eyes on fund III

I Squared Capital is back in the fundraising market and is looking to raise its third infrastructure fund, just two years after closing the predecessor.

PFR cuts its stake in Enel Russia

PFR Partners Fund I has cut its stake in Enel Russia, a Moscow-based power generation company, to 7.4% from 19%, according to reports.

The Craftory invests $20m in Present Life

Venture capital investor The Craftory has invested $20m in wellness and beauty company Present Life.

Q2 Barometer: Coronavirus ravages European M&A market

The latest issue of the Unquote Private Equity Barometer, which charts the unfolding impact of the Covid-19 crisis on Q2 statistics, is now available to download

DBAG acquires Congatec

Deutsche Beteiligungs AG (DBAG) has acquired a majority stake in robotics and computing components producer Congatec from the company's founding shareholders.

DIF invests £25m in 4th Utility

DIF Capital Partners has invested £25m in broadband provider 4th Utility.

Founder of Vista Equity Partners Robert Smith investigated for potential tax crimes

Robert Smith, founder of private equity firm Vista Equity Partners, is seemingly under investigation by the US Justice Department, according to a Bloomberg report. The publication has spoken with four sources familiar with the matter

Waterland acquires majority stake in Modstrøm Danmark

Growth investor Waterland Private Equity has acquired a majority stake in Danish electricity supplier Modstrøm Danmark.

Adelis acquires majority stake in Red Ocean Technology

Swedish private equity firm Adelis has acquired a majority stake in Norwegian IT company Red Ocean Technology, which has now been renamed Kanari.

Visa gains approval for $5.3bn takeover of data-sharing firm Plaid

CMA gives green light after concluding the UK's fintech scene has plenty of competition for non-card e-payments

Buyout firms risk becoming chief villains of the pandemic

There is a good argument that PE-owned firms deserve the same help as everyone else. But is it wise to take it?

Blackstone Group to acquire Ancestry.com

Private equity firm Blackstone Group is reportedly about to acquire genealogy provider Ancestry.com in a $4.7bn deal. The deal will include debt and would mark the first acquisition made from Blackstone’s Blackstone Capital Partners VIII

Rainmakers: Waterland may be the best PE firm you’ve never heard of

The top-performing Dutch firm is weathering the Covid-19 pandemic in Britain by sticking to its convictions

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