After a bleary-eyed summer, Southern European deal activity awoke in October with a notable increase in both volume and value.
Telecommunications firms stole the show in Spain, with Bain acquiring Atento, the call centre division of Spanish behemoth Telefónica, for €1.04bn, and Investindustrial and Trilantic Capital Partners...
LP has previously made investments in CVC's European funds, as well as many mid-market funds
First funding round will support the group's expansion overseas
Shares are placed at €31.60 apiece, which would bring total proceeds up to €411m
Allianz will secure a minority stake, and a representative will join the management board