GPs
DPE raises EUR 708m continuation fund for two IT consultancies
German GP’s new vehicle backed by AlpInvest, HarbourVest Partners and Pantheon Ventures
Apposite closes third healthcare fund on GBP 200m
Specialist GP’s Article 8 vehicle tracks six proprietary health impact objectives for investments
Private equity players warn of fundraising “shake-out”
Attendees at IPEM 2022 are bracing for challenging fundraising market to continue into 2023
Adams Street launches private credit platform in Europe
Investor hires James Charalambides from Sixth Street to lead new strategy out of London
LDC expands in East England with hires from Alantra, PwC
Simon Peacock and Mikayil Salahov join sponsor's East Midlands and East of England investment teams
Holland exits Mauritskliniek in sale to PE-backed Corius
Sale of Dutch dermatology group comes nine months after regulator blocked sale to Triton's Bergman
The Bolt-Ons Digest – 16 September 2022
Unquote’s selection of the latest add-ons with A&M's Ayesa, BC Partners' Valtech, Advent's IRCA, EQT's IVC Evidensia and more
BADideas.fund targets up to EUR 15m for debut vehicle
Early stage investor has seen interest from LPs active in startup space
Auctus sells PharmaLex to trade for EUR 1.28bn
Deal values German pharma services company at 18x EBITDA
Ex-Silverfleet team regroups with DACH-focused GP Sophora
Newly formed GP is raising capital from its own network with a longer-term goal of bringing in institutional investors
HPE targets year-end first close for Growth Fund III
Second stage of the GP’s EUR 300m-EUR 350m fundraise will target US and Southeast Asian LPs
Magnum sells Miranza to PAI-backed Veonet for EUR 250m
Off-market deal values Spanish eye care chain at 14x EBITDA; at least three more ophtha assets in M&A pipeline
Hiro eyes EUR 400 hard-cap for metaverse and gaming fund by year-end
New vehicle has raised the "bulk" of its EUR 300m target and made six deals investments to date
ICG on EUR 10bn-plus direct lending fundraise for large deals
New unitranche fund will be on par with Ares’ latest, which has a target north of EUR 11bn
CapMan aims to double AUM to EUR 10bn by 2026 including via M&A
New products and M&A to account for 20% of Finnish GP’s growth; aims for 75% of international LPs
Thoma Bravo opens London office, hires Inflexion’s Hemmers
Office opening comes amidst the GP’s takeover talks with UK-based security software platform Darktrace
H.I.G. poaches Alcentra director to lead European capital markets coverage
Philippe de Limburg Stirum will transition from direct lending into private equity at new firm
Verdane invests in Qbtech, Topro via impact fund
Privately-owned ADHD test maker and PE-backed mobility device producer are fourth and fifth deals from Verdane Idun I
Cairngorm names new MD in green push, mulls fundraising in 2023
UK-based GP makes three new appointments; fundraising for fourth larger fund expected next year
Perwyn strengthens push to France with new country head
In his new role, former Ardian France head Mathieu Antonini will also oversee Southern Europe
Orbit Capital aims for EUR 200m with new scaleup fund
Czech GP targeting institutional investors for CEE-focused vehicle following first close at EUR 42m in December
Oakley buys TICC assets Phenna, CTS; PE owners reap 5x-plus money
Sale by Inflexion set to generate 5.5x return, while Palatine will reap 5.8x
Adelis exits Nordentic to PE-backed Corus
Sale leaves three assets in Adelis 2012 vintage fund; Corus backer CareVentures working on refi for acquisitions
GP Profile: Tyrus Capital plans secondaries deployment drive
Mature and tail-end secondaries opportunities on the rise with motivated sellers seeking to organise their portfolios, Gunter Waldner tells Unquote
