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Glass ceiling shows first cracks in PE space
Greater focus on investment team gender equality and mentoring has shifted the balance, but room for progress remains
Inspirit Capital buys Capita’s Modular People Solutions for GBP 21m
Carve-out deal is the seventh investment from the special situation GP's debut fund
BD Capital mulls second fundraising towards end-2023
London-based mid-cap sponsor has crossed the half-way mark of deployment of its debut fund
August Equity announces changes in leadership
Philip Rattle to become chairman with David Lonsdale succeeding him as managing partner
Kompas VC seeks built environment tech opportunities, eyes second fund
Early-stage VC keen to expand cooperation with industry partners as it searches for investments to decarbonise the built environment, managing partner Sebastian Peck tells Unquote
Summa Equity buys majority stake in cybersecurity specialist Logpoint
SBO sees Evolution Equity exit Danish group; new owner to focus on European growth
GP Profile: Hayfin seeks European mid-market opportunities with PE strategy
Launched in 2018 and with EUR 1bn AUM, strategy aims to address GPs’ need for fund and asset-level capital, partner Gonzalo Erroz tells Unquote
Levine Leichtman to sell GL Education to PE-owned Renaissance
Deal with Francisco Partners’ company follows year-long process that attracted Ardian, Bridgepoint
ECI reaps 6.2x money in Tusker exit to Lloyds Banking Group
Deal values UK-based low emissions car management and leasing company at around GBP 300m
Sullivan Street to strike ‘at least’ two special sits deals and one exit this year with new ex-ICG hire
First fundraise for the complex situations investor ‘definitely’ on the horizon, although focus now on dealhunting
Agilitas taps Raymond James for Hydro International upcoming sale
Process for UK wastewater services group could launch in the next few months
The Bolt-Ons Digest – 21 February 2023
Unquote’s selection of the latest add-ons with Investindustrial's CEME, Astorg's Fastmarkets, H&F's TeamSystem, and more
PE-backed Sabena Technics to hit the auction block this year
MRO group owned by Sagard, Towerbrook and Bpifrance could be marketed off EUR 80m EBITDA
DPE to exit VTU Group in sale to Altor Capital
New sponsor will hold a majority stake in the Austrian engineering group with management reinvesting
Gyrus reaps 8.6x money from partial dss+ exit to Inflexion
Majority investment in Switzerland-headquartered management consultancy marks Inflexion Buyout Fund VI’s fifth deal
Argos Wityu acquires Norline in sixth deal from Mid-Market VIII
Sponsor’s EUR 450m Mid-Market VIII fund held a final close in 2022 and is almost 50% deployed
Accession Capital Partners aims for autumn 2023 final close for Fund V
Sponsor has held a EUR 150m first close for its latest fund and will back Central European businesses with flexible capital
Bregal Milestone to launch Anywhere365 sale in Q1 2023
Lazard to advise on auction for Dutch cloud-based contact centre and dialogue-management platform
CVC acquires Scan Global logistics from AEA Investors
AEA and management have reinvested for a minority stake in the Danish logistics provider
MML launches lower-mid-market strategy for UK, Northern European B2B assets
London-headquartered GP invested in AI provider MIcompany in first deal for new strategy this week
Integra Partners heads for year-end close for EUR 250m second fund
Vehicle is open to retail investors with tickets of EUR 500,000-plus and will make fund and co-investments
Bowmark bolsters investment team with two hires
Laura Clayfield and Raj Mukherji have joined the London-based mid-market sponsor
GP Profile: Key Capital upbeat about SME deals with next fund in the making
UK small-cap sponsor could return to market for its next GBP 125m fund at the end of 2023
21 Invest France eyes EUR 300m Fund VI target by year-end
Fund VI has raised half of its target so far, with the GP seeking to further prove its investment track record throughout 2023