German private equity investor Deutsche Beteiligungs has made the first deal from its recently-closed €1.1bn fund by agreeing a buyout of fire protection systems business Multimon.
Debt funds financed more than two thirds of LBOs in Germany in H1 2020, according to GCA Altium's Mid Cap Monitor, with the firm expecting M&A and refinancing activity to increase in Q4.
French investment house Andera Partners is reportedly out targeting up to €450m for its biggest-ever fund, hot on the heels of closing a €500m-plus mezzanine fund in June.
Home insurance platform Kin Insurance has closed its Series B round on $35m, led by Commerce Ventures.
Financial wellness platform PayActiv has bagged $100m in its Series C funding round to increase its customer base.
Opalesque Industry Update - The gross return of the SS C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82%. Hedge fund flows as measured by the SS C GlobeOp Capital Movement Index advanced
A temporary forum created by the European Central Bank to discuss the proposed European Distribution of Debt Instruments (EDDI) project will hold its first meeting in September.
TSG Consumer Partners has made an investment in American Technologies, the nation’s largest family-owned and operated restoration contractor. American Technologies (ATI) was founded in 1989 by CEO Gary Moore and as part of this transaction
Novacap has acquired an interest in FortNine, an e-commerce platform for motorcycle, dirt bike, ATV, and snowmobile gear. FortNine’s products include motorcycle helmets, rider apparel, tires, parts, dirt bike gear, snowmobile clothing and ATV accessories.
Kendell Doors & Hardware, a portfolio company of Keystone Capital, has acquired Newport Distribution, a Chicago-based supplier of doors and door hardware. The buy of Newport expands Kendell’s reach into the Chicago market and complements
The executive, who ran Barclays during the global financial crisis, sees a future of stripped-down banks outsourcing non-core business lines — and is wary of them being turned into public utilities
Deutsche Beteiligungs AG (DBAG) has acquired PM Plastic Materials, an Italian pre-wired conduits manufacturer.
Bergman Clinics, a portfolio company of NPM Capital, has acquired ear, nose and throat (ENT) clinic Van Linschoten Specialisten.
Maturing biotech venture market in Europe drawing more venture capital
BGF portfolio company Hobs has sold its subsidiary Anexsys to Xact Data Discovery (XDD).
Finland-based venture capital investors Tesi and NordicNinja have participated in a $54m series-C round of funding for Finnish virtual reality hardware and software developer Varjo.
Parabellum Investments has bought the India business of The Column Group, a US-based privately-owned technology consulting, systems, and services provider it acquired with The Acacia Group earlier this year.
Secondaries private equity fund managers have traditionally had a heavy focus on the North America market - but new fundraises are seeing the sector begin to spread its reach, the latest data from Preqin shows.
Augentum Fintech has invested in a £35m series-C funding round for mortgage broker Habito.
