Articles by Wahida Ahmed
Sun European acquires Tenax
The sponsor invested through its latest fund, Sun Capital Partners VIII, acquiring an 80% stake.
Bain acquires majority stake in Naxicap-backed House of HR
Naxicap will continue its 10-year ownership period, retaining a minority stake in the HR services group
Inflexion reinvests in Apax-backed Alcumus
Inflexion originally sold the risk management business in February via a GBP 600m SBO to Apax
Shearman & Sterling hires funds partner in London
Phil Baynes joins global law firm from Weil, Gotshal & Manges
MB Funds to exit Raksystems in sale to Trill Impact
New majority owner will seek to expand the Finnish green building services specialist across Europe
Alcedo heads for June final close for Fund V
Italian GP has received EUR 230m in commitments to date for Fund V against a EUR 250m hard-cap
EMZ in final stretch of EUR 1.2bn EMZ 10 fundraise
EMZ 10 held a first close in excess of EUR 800m earlier in May and continues to seek new LPs
Hg to sell Itm8 to Axcel, Chr. Augustinus Fabrikker
Danish IT services company will merge with Axcel-backed AddPro to form a new group with DKK 2.6bn revenues
PAI Partners to sell Perstorp to Petronas subsidiary
Acquisition by Malaysian group values the Swedish specialty chemicals company at EUR 2.3bn
Equistone files seventh buyout fund
Equistone VI was 61% deployed as of December 2021 and has made 26 investments to date against the 25-30 deals it can make
Bravo Invest reaps 3x, 4.5x MM apiece in Arbo and MTW exits
With sales of Italian portfolio companies to NB Renaissance and DBAG, respectively, Bravo’s debut fund has now conducted four exits
Tikehau, Unilever, Axa form EUR 1bn impact fund
Each party has made a EUR 100m commitment and the agriculture-focused fund is now open to new LPs
EMH buys minority stake in Genui-backed Acrolinx
Genui remains the majority owner of the German AI-enabled intelligence software business
Verdane makes a series of promotions and hires
Norway-based tech investor bolsters its team in line with ambitious growth plans
Silverfleet to exit STAXS in trade sale
Sale of Dutch cleanroom consumables distributor to Haniel-owned CWS Cleanrooms will deliver a 6x money multiple for the sponsor
Trilantic to buy Kantar Public in carve-out deal
UK public policy advisory business will operate as an independent company following the carve-out from Bain Capital-backed Kantar Group
Astorg adds new partner to Paris office
With addition of Jean Raby, Astorg will establish two new functions
Oakley invests in Vice Sporting Goods
Primary deal will see Oakley Capital Origin Fund deploy GBP 11m in German founder-led golf balls brand
Force Over Mass gears up for Fund V
UK-based VC to start fundraising for new EUR 150m vehicle in the summer, following full deployment of its fourth vehicle
Bridgepoint sells HKA to PAI Partners
New owner plans to accelerate expansion of UK-based risk mitigation consultancy into adjacent areas via acquisitions
Alcedo exits Duplomatic in trade sale to Daikin Industries
Japanese group will pay EUR 220m for Italian valves and pumps maker, which saw revenues more than double since sponsor’s entry in 2017
Ropes & Gray hires three PE-focused partners in London
Dan Oates, Simon Saitowitz, and Angela Becker join from Fried, Frank, Harris, Shriver & Jacobson
Force Over Mass leads GBP 115m round for Outfund
UK revenue-based lender also supported by PostFinance, 1818 Venture Capital and Tribe Capital in the fundraise
Houlihan Lokey announces promotion in Manchester office
Adviser intends to expand in the region having made nine local hires