Articles by Harriet Matthews
Speedinvest holds EUR 60m close for Speedinvest x Fund 2
Fund will back B2B and B2C marketplaces, as well as subscription and circular economy startups
BC sells Pharmathen to Partners Group in EUR 1.6bn deal
BC Partners acquired the Greece-headquartered generic pharmaceuticals developer in 2015 for EUR 475m
Silverfleet calls off fundraise for third fund
GP intends to focus on follow-on investments and realisations in its existing portfolio
Nordic Capital buys majority stake in VC-backed Duco
Financial data management software raised USD 28m from VCs including Eight Roads and Insight in 2018
Tikehau appoints Cabanis as deputy CEO
Cabanis will join from her role as executive vice-president at Danone
Verdane steps up DACH activity with four new investments
GP has made a growth investment in Meister and majority investments in PremiumXL and Remember
H&F holds USD 24.4bn final close for 10th fund
Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn
WestBridge exits AJM Healthcare to Livingbridge
WestBridge backed the MBO of the wheelchair and mobility service provider in September 2018
Permira makes EUR 1.9bn investment in Adevinta
Deal will see eBay decrease its stake in Adevinta as part of the acquisition of eBay Classifieds
Project A opens first international office in London
Principals Sam Cash and Jack Wang, plus associate Luc de Leyritz, will head the new office
PGIM to acquire Montana Capital Partners
Founders Marco Wulff and Christian Diller will continue to head the Switzerland-based secondaries GP
H&F, BlackRock, GIC invest in Belron at EUR 21bn EV
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and an equity value of EUR 17.2bn.
Triton sells Polygon to AEA for 5.3x money invested
Secondary buyout of the building maintenance business ends a holding period of more than 10 years
Kempen Capital launches second private equity fund
Fund has a EUR 200m target and will make both small-cap direct co-investments and PE fund investments
Ufenau sells Swiss IT Security to Triton for 12x money
GP also netted 150% IRR on the sale, having acquired the company in 2017, and following 17 add-ons
17Capital raises USD 4.5bn across preferred equity strategies
Fundraise includes a USD 2.9bn final close for 17Capital Fund 5, which surpasses its target
EQT sells Igenomix in €1.25bn trade sale
Igenomix had a €400m enterprise value at the time of EQT's initial investment in 2019
DN Capital holds final close for fifth fund on €300m
Vehicle surpassed its €200m target and is €100m larger than the firm's fourth fund
VR Equitypartner sells Megabad stake to FSN Capital
VR Equitypartner has sold its stake in Germany-based online bathroom fittings and furniture retailer Megabad to FSN Capital.
Stirling Square acquires Sustainable Agro Solutions
GP intends to support the Spain-based biostimulants producer with market consolidation
Graphite Capital sells U-Pol in £428m trade sale
GP first bought the business in 2002, exiting in 2005 before acquiring it again in 2010
LBO France's Groupe RG completes impact refinancing
Reinancing for the PPE distributor includes ESG criteria that will affect the debt repayment
British Patient Capital launches £600m life sciences programme
Programme will invest in later-stage life sciences funds targeting at least £250m
Gimv sells Summa to Ergon
Gimv acquired a majority stake in the Belgium-based digital cutting machines producer in 2016