Monday, August 20, 2018

GMT Communications and VSS exit IT-Ernity

GMT Communications Partners and US growth investor VSS backed IT-Ernity in 2013. The business has been sold to provider of virtual private servers TransIP.

Marondo Capital reaches €75m first close on debut fund

Marondo Small-Cap Growth Fund I, which is targeting €175m, will invest between €5m to €15m in small-cap, high-growth technology companies.

Nordic Capital grows fintech portfolio with Macrobond acquisition

Nordic Capital has acquired Macrobond, the Sweden-based macroeconomic data solutions provider, marking the fifth investment from its latest fund.

Canned deals skyrocket by 23 per cent as M&A market fragments

The value of broken deals has soared in 2018 according to Thomson Reuters, raising concerns that that the cycle may be turning.

GPF-backed Grupo Malasa bolts on Grupo Amil

The deal will see Grupo Malasa increase its turnover by more than 50 per cent to €130m per year.

EXCLUSIVE: Crest nears final close on debut fund targeting €100m

Crest Capital Partners’ debut fund is expected to close next month. Crest I is targeting €100m and has a hard cap of €110m.

EXCLUSIVE: Agilitas hires former Lyceum exec de Pompignan as investor relations head

de Pompignan was previously with Lyceum Capital, who she joined in 2016 from European Capital where she worked as an investment director.

BC Partners agrees to acquire VetPartners from August Equity, Ares

Ares, which first backed the business in 2016, will reinvest as part of the deal. VetPartners posted revenues of over £250m in the year to June 2018.

Advent International exits WSiP to Central Group

Across Advent’s eight-year hold, Poland’s WSiP has transformed from a textbook publisher, launching digital products, tutoring services and teacher’s solutions.

H2 acquires medical services business Aquilant for €23m

Aquilant is being sold by UDG Healthcare, the UK-headed listed healthcare services provider.
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