PSG acquires majority stake in Madrid-based end-to-end business software provider Nalanda Global

London/Boston/Kansas City-based PSG has acquired a majority stake in Madrid’s end-to-end business software provider Nalanda. Financials were not disclosed. The acquisition is slated to drive Nalanda’s international growth into new verticals and geographies via M&A activity. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany […]

Madrid’s Imaweb snaps up Swiss automotive software specialist Stieger

Madrid-based automotive industry digital solutions provider Imaweb has acquired Swiss competitor Stieger. Financial terms and conditions were not disclosed. Backed by growth equity firm PSG, Imaweb has been on a tear this year, with the acquisition of German competitor Procar in January, and French remarketing software developer Stampyt just last month. Founded in 1982 and […]

Madrid-based Jobandtalent secures €100 million from SoftBank Vision Fund 2, takes on US market

Workforce marketplace Jobsandtalent has secured €100 million from the SoftBank Vision Fund 2 in a Series D round. Additionally, they’ve secured €83 million in debt financing from BlackRock. SoftBank Vision Fund 2 now joins previous investors including Atomico, Seek, DN Capital, InfraVia, Quadrille, Kibo, and FJ Labs. Jobandtalent has raised €310 million to date. The […]

Massive deal in Madrid: EQT buys online real estate classifieds platform idealista for €1.3 billion

Global investment firm EQT has agreed to acquire the majority of Spanish online real estate classifieds platform provider idealista from (funds advised by) Apax Partners and its management for a whopping €1.3 billion. Apax bought idealista in 2015 at a reported €150 million valuation. EQT’s IX fund will have a majority ownership, but idealista’s management […]