Kharis Capital and Verlinvest have led a USD 80m (EUR 82.9m) Series B funding for Not So Dark, a French online food delivery services provider; the round, which also had the participation of Conviviality Ventures, brings the startup’s total funding to USD 105m (EUR 108.8m).

The increasingly tough European PE fundraising environment is likely to lead to a fundraising “shake-out”, with European generalist buyout strategies touted as some of the first potential casualties, attendees at IPEM 2022 in Cannes told Unquote.

Private markets investor Adams Street has launched a private credit strategy in Europe with the hire of James Charalambides from Sixth Street.

Stirling Square Capital has agreed to acquire Eurofins Digital Testing in a carve-out deal from listed parent company Eurofins Scientific.

European VC firm Iris Capital has hired Nicolas Herschtel as partner from InfraVia and Silvia Ersetti as analyst from Gorillas.