GPs
The Bolt-Ons Digest – 26 January 2023
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
German health minister’s 'locust sponsors' comments spook live healthcare deals
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons
Ardian plans North American drive with tech, services deals on radar
French sponsor looks to more than double exposure to US and Canada when next flagship buyout fund launches
Flight to quality, impact investing to drive allocations in 2023 – HarbourVest
Asset manager’s investment team discusses secondaries and co-investment dynamics amid a challenging fundraising market
Waterland raises EUR 4bn for buyout and minority funds
Flagship fund closed EUR 1bn above predecessor amid a tough fundraising environment for midcap GPs
DBAG turns focus to proprietary dealflow as auctions slowdown
Valuations could cool off as debt availability tightens, German GP's partner Thilo-Anyas Koenig tells Unquote
Going, going, not gone: PE auctions bid for relevance amid risk-off environment
With a debt financing drought and macro woes denting exits, GPs are adapting the traditional M&A auction in favour of more flexible bilateral negotiations to get deals across the line
Montagu exits Maincare to state-owned Docaposte in off-market deal
Hospital software group considered "missing piece" in buyer's healthcare digitalisation strategy
Inflexion hires new head of financial services from Cinven
Andrea Bertolini to lead sector origination; Daan Gankema and Rob Dunnett join as directors in Benelux and Yorkshire
Partners Group sets fundraising guidance at USD 17bn-22bn
Private markets investor finished 2022 at the bottom of USD 22bn-26bn target for new commitments
DBAG sells Pmflex following trade approach
Pre-wired electrical installation conduits manufacture sold to Hager Group following a 2.5 year investment period
Gatemore eyes larger stakes in listed SMEs as path to take-privates
With its first closed-end fund in the making, the activist investor will use larger stakes to drive value creation and direct small-cap targets towards PE sales
Inflexion acquires minority stake in Proteros
Deal for German contract research organisation is the sponsor's third in pharma services in past 12 months
Women in VC: FundingBox.vc's Cymerman on new fund plans and the power of networking
Deep tech investor could look to raise EUR 50m-plus for its next vehicle, co-founder Iwona Cymerman tells Unquote
DBAG wraps up Fund V with Heytex exit
German sponsor sells textile manufacturer to Bencis Capital; 2006 vehicle returns over 2.5x to LPs after 11 exits
AG Capital kicks off inaugural fund with Improove buyout
Austrian emerging manager acquires local SEO agency with country's first buyout fund in a decade
FSI eyes new fund with near EUR 1bn returned to LPs this year
Italian GP conducted three exits in 2022; Fund II would have similar size as EUR 1.4bn predecessor
Unquote Private Equity Podcast: 2023 - New year, new market?
Unquote and Mergermarket’s private equity reporting team discuss the past 12 months and what lies ahead next year
Equistone makes three ESG manager hires
London, Paris and Munich appointments will assist with ESG in the investment and portfolio management processes
Private Equity Trendspotter: Sponsors look for sure footing as market slowdown signals change in deals landscape
Aggregate buyout volume brings 2022 just 6% above pre-pandemic dealmaking, with a significant sentiment shift in H2 2022
Golding closes buyout co-investment fund on EUR 273m
With 18 deals already in the new fund's portfolio, GP plans successor vehicle for next year
Tikehau taps Unilever VP to lead regenerative agricultural practice
Laurent-David Charbit will co-head the strategy investing recently launched EUR 1bn fund
The Bolt-Ons Digest – 14 December 2022
Unquote’s selection of the latest add-ons, including CVC's Stark Group, Bridgepoint's Kereis, EQT's Open Systems, and more
Large LPs among most concerned about denominator effect – Coller Capital
As the stock market slump slows down their PE commitments, LPs are set to increase use of the secondaries market to balance allocations
