Adelis acquires majority stake in Axentia Technologies

Adelis Equity Partners has acquired a majority stake in Axentia Technologies, a Swedish provider of displays for public transport. 

B Capital closes second fund on $820m

Venture capital house B Capital Group has held a final close for its second fund on $820m.

Commerzbank’s CEO and chairman to resign amid pressure from Cerberus

The second-largest German lender is in the midst of a deep overhaul but solid financial performance remains elusive

Secondary fundraising stays strong despite pandemic

Fundraising has remained strong as buyers raise ever larger capital pools

HyperGrid, iQuate join to create CloudSphere, secure $15m backing to support venture

Cloud management and governance platform HyperGrid and agentless discovery and application mapping company iQuate have joined together to create CloudSphere.

Aldea Ventures launches €150m fund-of-funds

Spanish venture capital house Aldea Ventures has launched a VC fund-of-funds with a €100m target and €150m hard-cap, Unquote understands.

Capiton sells Trioptics to trade

Capiton has sold its stake in lens technology company Trioptics to listed photonics company Jenoptik, which has wholly acquired the business.

Callista Private Equity buys two Mikron subsidiaries

Callista Private Equity has acquired the Berlin and Kaunas sites from listed company Mikron, a Switzerland-based automated machinery and cutting tools producer.

Axa Venture leads €5.2m round for Unlatch

Axa Venture Partners has invested in a €5.2m funding round for French digital real estate startup Unlatch.

Seventure, BioGeneration lead €18.5m round for Citryll

Pharmaceutical company Citryll has raised €18.5m in a round led by France-based Seventure and Dutch firm BioGeneration Ventures.

Acton sells stake in Momox to Verdane

Germany-based venture capital investor Acton Capital has sold its stake in e-commerce platform Momox to majority stakeholder Verdane, which will own an 85% stake in the company.

Facebook co-founder Saverin’s B Capital strikes $820m final close for second fundraise

B Capital, a venture capital firm launched by Facebook co-founder Eduardo Saverin, has hauled in $820m for the final close of its second fundraise.

Mosaic, Y Combinator help regtech player Veriff closes $15.5m funding round ahead of larger Series B

Mosaic Ventures and Y Combinator have helped regtech platform Veriff close its latest funding round on $15.5m.

Hedge Fund’s Run at Tribune Publishing Ends, for Now, With a New Board Seat

Journalists have been wary of Alden Global Capital, which is known for gutting newsrooms to eke out profits from struggling publications.

AMB :- Angelo Gordon surges to $1.5bn hard cap for third Europe property fund

Laxman Pai, Opalesque Asia: US-based alternative investment firm Angelo, Gordon & Co. has hauled in more than $1.5 billion in commitments for its latest European real estate fund, exceeding the target and hitting the...Article Link

H.I.G. Carves Out Piece of Genuine Parts

Publicly traded Genuine Parts Company has completed the sale of its S.P. Richards (SPR) operations through two separate transactions. GPC’s first transaction was the sale of SPR’s Cleveland-based Supply Source Enterprises (SSE), comprised of The

VCs exit Inventorum to Shore

Venture capital backers have sold their stakes in Inventorum, the developer of an inventory and cash management software platform for small businesses, to Germany-based digital appointment and customer management platform Shore, formerly known as Termine24.

Beyond Leather Materials raises $1.1m in seed round

Danish startup Beyond Leather Materials, a producer of plant-based and eco-friendly alternatives to animal leather, has raised $1.1m in a seed investment round.

Angelo Gordon surges to $1.5bn hard cap for third Europe RE fund, almost double size of Fund II

Angelo Gordon & Co has hauled in more than $1.5bn for the hard cap close of its latest European real estate fund.

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