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Month: January 2022

Record-breaking fundraising of €486 million for Qonto, to further accelerate European growth and become the finance solution for 1 million SMEs and freelancers by 2025

Paris, January 11 2022 - Qonto, the leading European business finance solution, announced today it has raised €486 million in Series D funding, bringing Qonto’s valuation to €4.4 billion. With this fundraising - one of

Nordic Capital invests in PE-backed RLDatix

Nordic Capital has acquired a minority stake in RLDatix, with existing investors Five Arrows and TA Associates retaining their majority stake in the healthcare governance, risk and compliance (GRC) platform.

Bregal invests in Redstor; Beech Tree exits

Bregal Milestone has invested in UK-based data management platform Redstor; the deal sees previous shareholder Beech Tree Private Equity fully realise its investment.

TA, LEA to merge Enscape, Chaos

Private equity firms TA Associates and LEA Partners will merge 3D design and rendering technology companies Enscape and Chaos.

Tiger Global, TCV et al. in EUR 486m Series D for Qonto

US investment firms Tiger Global and Technology Crossover Ventures (TCV) have led a EUR 486m Series D funding round for France-based online bank Qonto alongside eight new investors.

GHO Capital backs biotech RoslinCT

Specialist healthcare investor GHO Capital has bought RoslinCT, a contract development and management organisation spinout focused on advanced cell therapies.

Värde Partners sells stake in Spanish real estate business LFGA after company successfully weathers pandemic

Värde Partners has sold a 38% stake in Spanish real estate business La Finca Global Assets to majority owner Grupo La Finca. The post Värde Partners sells stake in Spanish real estate business LFGA after

Core Industrial launches new additive manufacturing platform with RE3DTECH buyout

Chicago-based buyout house Core Industrial Partners has launched a new platform with its acquisition of RE3DTECH, a provider of additive manufacturing services with a focus on high-volume production parts. The post Core Industrial launches new

Arlington Capital taps $1.7bn Fund V for Millstone acquisition

Arlington Capital Partners has tapped its $1.7bn fifth fund to acquired Millstone Medical Outsourcing from Schooner Capital. The post Arlington Capital taps $1.7bn Fund V for Millstone acquisition first appeared on AltAssets Private Equity News.

Tiger, TCV lead biggest funding round in French history, boost Qonto to €4.4bn value

Global asset management firm Tiger Global Management and veteran VC house TCV have led the biggest funding round in French history with the €486m Series D for Qonto, boosting its value to €4.4bn. The post Tiger,

Credit investor Atalaya Capital closes debut real estate fund on over $100m

Credit and special opportunities-focused investor Atalaya Capital Management has closed its debut commercial real estate fund on more than $100m. The post Credit investor Atalaya Capital closes debut real estate fund on over $100m first

Edtech unicorn GoStudent doubles value to €3bn through latest funding round

Vienna-based online tutoring business GoStudent has hit a €3bn valuation thanks to a huge Series D round from a string of major investors. The post Edtech unicorn GoStudent doubles value to €3bn through latest funding

Astorg Partners invests in Armor Iimak

Global private equity firm Astorg Partners has invested in France-based printing materials manufacturer Armor Iimak alongside its management team; financials were not disclosed.

Onex and Waterland mull Partou exit

Buyout groups Onex Corporation and Waterland are in the early stages of exploring an exit from Partou, the Netherlands' largest childcare provider, according to five sources familiar with the situation.

Getir to raise more than USD 1bn at USD 12bn pre-money valuation

Getir, a Turkey-headquartered grocery delivery service, plans to raise more than USD 1bn at a USD 12bn pre-money valuation, according to four sources familiar with the situation.

Senior BlackRock veteran Stork joins KKR as COO

Veteran BlackRock senior exec Ryan Stork has moved to private equity giant KKR to become the firm's chief operating officer. The post Senior BlackRock veteran Stork joins KKR as COO first appeared on AltAssets Private

Leonard Green eyes $17bn across huge new flagship raise, sophomore mid-market vehicle

Retail and consumer-focused private equity giant Leonard Green & Partners is reportedly eyeing up to $17bn of new capital through a double fundraise. The post Leonard Green eyes $17bn across huge new flagship raise, sophomore mid-market

KKR Appoints Ryan Stork as Chief Operating Officer

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (together with its subsidiaries, “KKR”) today announced that Ryan Stork has joined KKR as a Partner and Chief Operating Officer (COO). This press release features multimedia. View the

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