Harriet Matthews
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Golding holds EUR 280m close for first secondaries fund
Fund will target small- and mid-cap LP stakes and GP-led secondaries, and has made 14 deals to date
Sprints Capital holds EUR 525m final close for Fund IV
Growth fund has made two deals to date, including refurbished electronics marketplace Back Market
Mizuho acquires placement agent Capstone
US investment bank intends to strengthen its service offering for financial sponsors
Axcel buys Danx, Livingbridge-backed Carousel
Livingbridge invested in Carousel Logistics in 2013; the company will now merge with Danx
Nordic Capital invests in PE-backed RLDatix
Existing investors TA Associates and Five Arrows will retain their majority stake in the business
Bregal invests in Redstor; Beech Tree exits
Bregal Milestone intends to support the data management software with its US expansion
Nord Holding sells Ruf Group to Waterland
Germany-headquartered bed producer Ruf Betten acquired e-commerce brand Bruno in February 2020
ECI sells Travel Chapter for 2.6x
ECI is selling the holiday booking platform to its management, backed by investment from ICG
Softbank leads USD 150m round for Gousto
Meal delivery startup receives USD 100m from Softbank and is now valued at USD 1.7bn
Gimv's Oleownik moves to Emeram
Sven Oleownik joins the DACH mid-market GP as partner; he joined listed GP Gimv in 2015
General Atlantic leads EUR 254m round for PayFit
HR and payroll software developer is valued at EUR 1.82bn; its existing backers include Eurazeo and Accel
TDR et al. in EUR 4.9bn LeasePlan sale
LeasePlan will be combined with Societe Generale's car-leasing subsidiary ALD, forming NewALD
Verdane reaps 4x in USD 360m Brightpearl exit
Shareholders including Cipio Partners and Notion Capital are also selling their stakes to Sage Group
Livingbridge buys Quorum; Maven reaps 6.5x
Maven invested in the cybersecurity company in June 2020 via its venture capital trusts
Evoco holds final close for third fund
Switzerland-headquartered GP acquires lower-mid-market companies via portfolio deals
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
Norvestor registers two funds
Nordic-focused GP has registered flagship fund Norvestor IX, as well as Novestor SPV II
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
2022 Preview: Sponsors toast to incredible year, but remain wary of hangover
Many sponsors are anticipating that 2022 could be just as busy as 2021, in spite of mounting headwinds
Capiton buys Betonbau Group
GP is deploying equity via Capiton VI, which held a final close in November 2021 on EUR 504m
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman
Carlyle buys Altadia from Lone Star
Lone Star Funds bought Esmalglass for EUR 605m in 2017, forming Altadia in 2021 via a merger with FTC
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn