Investments
Thyssenkrupp Elevator consortium seeks additional equity investors – report
Advent, Cinven and RAG Stiftung agreed to buy the company in February in a deal valued at €17.2bn
Tech, IT and software valuations remain stable – survey
Report from GCA Altium tracks the effect of the coronavirus crisis on listed technology companies
Adcuram-backed Poggenpohl files for insolvency
Kitchen furnishings retailer plans to continue its restructuring and will seek new investment
German GPs weigh up portfolio damage and rescue packages
Nature of Germany's industrials-weighted economy has caused problems for some GPs when it comes to liquidity needs
UK small-cap GPs look to build on growth amid Covid-19 turmoil
How pricing in the smaller PE segment will be affected by the coronavirus crisis is not yet clear
KKR expects lower valuations for its portfolios due to Covid-19
GP forecasts that emergency restrictions will challenge its ability to market new funds and strategies
EC launches €300m platform Escalar
In its pilot phase, Escalar will provide up to тЌ300m, backed by the European Fund for Strategic Investments
Delays in cross-border carve-outs add hefty surcharge – report
An average 16% of deal value drains away when processes over-run for more than four months, according to a recent TMF report
European consumer M&A presents opportunities in Covid-19 chaos
Europe's consumer sector offers pockets of opportunity as the coronavirus pandemic wreaks havoc on M&A
VCs ramp up coronavirus mitigation efforts
Partners from Balderton, General Atlantic, Anthemis Partners, TCV and Speedinvest dicuss the crisis
Q&A: Cambridge Associates' Featherby on PE's time to shine
Very few managers will have net benefited from this crisis, says Featherby, but PE could still showcase its ability to outperform
BVCA proposes £500m early-stage funding facility
Submission proposes a bridge funding facility in the form of a convertible loan of up to ТЃ5m per company
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Unquote Private Equity Podcast: Covid-19 special
The team gathers for its first remote podcast, discussing how the early stages of the outbreak have disrupted the European PE landscape
Tech, business services power through amid Covid-19 rout
Of the 53 deals seen in March, 28 came from technology and business services
Turnaround funds eye European companies hit by Covid-19
Turnaround players have raised at least $5bn overall in Europe in recent years
PE examines portfolio liquidity options as coronavirus halts dealflow
Managing financial and liquidity risk is front of mind as managers fret over the potential impact of a severe downturn
Nordic buyout market has silver linings, despite low volume
Nordic region sees the lowest quarterly deal volume since Q4 2013, with just 17 buyouts in Q1 2020
UK holiday parks advised to close: Portfolios affected
British Holiday and Home Parks Association has advised its members to close all holiday parks
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Annual Buyout Review: European momentum likely to be hit hard
Unquote's lastest Annual Buyout Review is now available to download, offering in-depth statistical analysis of European buyout activity in 2019
Italy embarks on the "deep tech" revolution
"Deep tech" startups specialise in transformative technologies, such as nanotechnology, industrial biotech, and advanced materials
UK industry welcomes rescue package, but concerns remain
Package includes ТЃ330bn in loans, ТЃ20bn in other aid and a postponement of business rates
Technology buyouts stall in Nordic region
Technology buyouts have hovered around the 30-per-year mark for three years running now, suggesting a plateau has been reached