Katharine Hidalgo
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Articles by Katharine Hidalgo
BlackRock invests $118m in Arrival at $3.5bn valuation
BlackRock, Hyundai and Kia along with United Parcel Services will hold a minority interest in Arrival
Northpond, Octopus lead $30m series-A for Ori Biotech
Existing investors Amadeus Capital Partners, Delin Ventures and Kindred Capital also join the round
UK Fundraising Pipeline - Q4 2020
Unquote rounds up the most notable fundraises currently ongoing in the French market across the buyout, venture and secondaries spaces
Capdesia Structured Equity targets £100m; aims to close in Q1 2021
European food-service-focused fund was registered and launched in May 2018 with a target of €200m
Inflexion acquires Sparta Global; KCP to reap 7x return
Inflexion has previously invested in other businesses in the sector, including FDM
FPE invests in MaxContact
Lars Pedersen – CEO of another FPE investment, Questionmark – has joined the board as NEC
Felix hires Chou and Pizzolato as investors
Felix is currently investing from Felix Capital Fund III, which closed on $300m in January 2020
BVCA summit: fund financing boom necessitates tailoring
Market participants discuss IRR-enhancing tactics, emergency liquidity and negotiations with LPs
Elaghmore I closes £30m extension
Investors in the extension are all US-based institutions, according to a statement
Sovereign V eyes £450-500m fundraise in 2021
Sovereign recently announced changes to its leadership team, with Dalli taking over as managing partner
Insights from the BVCA summit: PE open for business
On general themes, such as fundraising, market participants were positive about the future of the market
Permira-backed Allegro lists with market cap of €9.8bn
Allegro intends to use the proceeds, alongside a new credit facility, to repay its existing debt
Investindustrial-backed Benvic completes €117.5m refinancing
Benvic has completed seven add-on acquisitions during Investindustrial's holding period
GP Profile: Silverfleet eyes fundraising progress, new acquisitions
Firm is currently raising for Silverfleet Capital Partners III, which was registered in July 2019
BC European Capital XI holds first close on €4bn
LPs already invested in the fund include the New York State Teachers Retirement System
Latour acquires Santiane from BlackFin for €200m EV
Santiane was marketed based on €15m EBITDA, with vendors expecting an EBITDA multiple of more than 10x
Ardian acquires Syclef majority stake from Latour
Since 2015, Syclef has accelerated its buy-and-build strategy with the acquisition of 15 companies
Inspirit backs Lloyds Register Group's energy division
Inspirit writes equity cheques of £2-10m for UK SMEs with revenues greater than £20m
Dawn leads $20m series-B for Access Fintech
Existing investors JP Morgan, Citi and Goldman Sachs contribute to the latest round
Apax sells SK FireSafety to API
SK FireSafety's management team will stay on with the company following the transaction
YFM promotes Clarke
YFM is currently deploying YFM Equity Partners Buyout Fund II, which closed on £80m in March 2020
TDR, private investors to acquire Asda for £6.8bn
Asda was previously in talks with Sainsbury's, which would have paid £7.3bn for the asset
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m
Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn
Further Global acquires majority stake in AA Ireland for €240m
AA Ireland posted €13.7m in net profits in the year to January 2020 on sales of €62.4m