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Category: Software and Hi-Tech

Nordic Capital-backed Nordnet prices IPO

Nordic Capital-backed Swedish digital savings and investments platform Nordnet has announced it will price its IPO on Nasdaq Stockholm at SEK 88-104 per share.

Auctus buys majority stake in nursing home chain Mirabelle

Auctus has acquired a majority stake in nursing home operator Mirabelle Holding, founding the new structure alongside Mirabelle Care, Thomas Zethin of Deutsche Senioren Residenzen (DSR) and Sander van Adelberg.

Faber launches €30m second tech fund

Portuguese venture capital firm Faber Ventures has held a first close on €20.5m for its new fund Faber Tech II.

Newion leads €2m for Objective Platform

Newion has led a €2m investment in marketing software developer Objective Platform.

PE-backed Nets and Nexi sign agreement for merger

Danish digital payments provider Nets has signed an agreement to merge with Italian company Nexi in a deal that values the company at €7.8bn.

Debt-heavy Guitar Center to file for bankruptcy, agrees $700m-plus debt restructure

Private equity-backed US music instrument retail giant Guitar Center is set to file for bankruptcy protection amid agreeing a $700m-plus debt restructuring.

BC to acquire Keesing from Ergon Capital, Mediahuis

BC Partners has agreed to acquire puzzle publisher Keesing Media Group from Ergon Capital and Mediahuis.

Travers Smith selects new managing partner

Law firm Travers Smith has elected Edmund Reed as its new managing partner, with effect from 1 July 2021.

Gryphon Investors buys O2 Investment Partners porfolio business Vessco

San Francisco private equity house Gryphon Investors has agreed to buy Vessco Holdings from O2 Investment Partners.

Gro Capital invests in iPoint Systems

Gro Capital has invested in Germany-based product compliance and sustainability software developer iPoint Systems.

EQT buys majority stake in Thinkproject from TA

EQT has acquired a majority stake in Germany-based construction and engineering software platform Thinkproject from TA Associates and Thinkproject's founder, Thomas Bachmaier.

Aliter invests in Skill Pill

Aliter Capital has invested in digital learning platform Skill Pill.

Ex-Carlyle deputy fund management head joins private equity newcomer Longrange Capital

Former Carlyle managing director Michele Reing has joined private equity newcomer LongRange Capital as its CFO and COO.

Montagu Private Equity picks up emerging market data specialist ISI from CITIC Capital, Caixin Global

European buyout house Montagu Private Equity has agreed to pick up emerging markets business intelligence company ISI Emerging Markets Group from CITIC Capital and Caixin Global.

Bamboo Capital handed $40m fund management role targeting Madagascar electricity access

Impact investor Bamboo Capital Partners has been tapped up to manage a $40m renewable energy access fund by the Government of Madagascar and the World Bank.

PE, VC firms help International payroll platform Remote closes $35m Series A round

Remote, a HR platform to help manage payroll, benefits and compliance, has closed its Series A round on $35m.

Illinois pension picks trio of new Versant funds, Lightspeed Venture Partners vehicle as latest fund commitments

The $45.2bn-managing Illinois Municipal Retirement Fund has agreed $85m of new venture capital investments across a string of funds.

KKR taps $1.3bn Global Impact Fund for another European deal with CMC Machinery investment

Global private equity giant KKR has invested in 40-year-old Italian automated packaging business CMC Machinery.

KKR and Rakuten to Acquire Stakes in Seiyu from Walmart, Focus on Accelerating Digital Transformation of Japanese Retail: Seiyu Positioned to Become Japan’s Leading Omnichannel Retailer

KKR to purchase majority stake and new Rakuten subsidiary to acquire minority stake in Seiyu Walmart to retain 15% stake and work with KKR and Rakuten to accelerate Seiyu’s digital transformation to become Japan’s leading

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