Investments
CEE closes out 2017 with strong investor confidence
Fundraising and deal activity both increased in the region during 2017
Spanish private equity flourishes as Italian market cools
Southern Europe's leading PE markets responded drastically differently to the challenges of a turbulent 2017
US pension fund to commit $325-350m to PE in 2018
Lacers will place special emphasis on mid-market and lower-mid-market buyout funds
University of Calgary hiring PE investment adviser
Investment committee recently approved the inclusion of PE and infrastructure in its portfolio
Deal in Focus: IK buys Studienkreis from Aurelius
IK had considered previous opportunities in the education space, with the firm's partner Petersson saying the sector offers good opportunities for PE
The lure of consumer-focused fintech
European fintech companies are attracting increasingly large investment rounds
Mid-market valuations at highest level ever in latest Argos index
Sharp increase in prices paid by strategic buyers push the median entry multiple to 9.5x
Technology: Europe's magnetic north
Mid-market deals in northern Europe are at the forefront of tech deal activity, with enterprise software and payment tech notable areas of attraction
European SBOs reach record levels in first three quarters
Europe sees 202 secondary buyout deals between January and September, surpassing the peak of 200 seen in Q1-Q3 2007
French state arm CDC IC ramps up Mubadala partnership
New co-investment agreement will see CDC International Capital, BPI France and Abu Dhabi's Mubadala deploy an extra €1bn in French businesses
UK tech dealflow resilient despite spectre of Brexit
UK investments accounted for 28% of European tech dealflow in the first three quarters of 2017, with a flurry of fintech deals already seen in Q4
Average entry multiple climbs to 10.8x in Q2
Price inflation has led average European multiples to rise further in Q2, according to the latest unquote" and Clearwater Multiples Heatmap
Q&A: Rutland's Morrill and Wardrop on Millbrook and Pizza Hut
Special situations investor's partner and managing partner discuss the strategies behind the two award-winning investments
Picking a DACH mid-cap master
With so many proponents of the mid-cap space in the region, how do LPs decide on their allocations?
Tech deals return to the CEE region
Tech activity in CEE remains sluggish, though aggregate values are on the increase
Deal in focus: Springwater sells Delion four years after carve-out
Following a challenging investment in the comms industry, the company has been sold back to management
Deal in Focus: Dunedin reaps 55% IRR from Alpha IPO
Divestment of wealth management consultancy came ahead of schedule, generating an ТЃ89.6m return
SPACs offer flotation alternative for Italian GPs
Special purpose acquisition companies are gaining traction in Italy, offering an alternative exit route for GPs
Turkish IPO activity on the rise
Recent flotations could be a sign of what's to come, after the country relaxed its IPO rules
Benelux open for business as trade sales recover
Nine months into 2017, the number of exits to trade buyers exceeds 2016's levels, reflecting healthy European corporate M&A activity
More balanced economy for Norway as tech attracts investors
As the country recovers from the 2014 oil price collapse, former engineers are emerging as entrepreneurs at VC- and GP-backed companies
Artificial intelligence offers smart opportunities for PE
Once the domain of early-stage VC investors, the AI segment is now attracting the attention of private equity buyers
Minority investments brewing in the UK craft beer space
Negative connotations associated with the sale of microbreweries to conglomerates brings opportunities and challenges for PE backers
Q&A: Baker Botts' Neil Foster on corporate venture
Law firm's partner speaks to unquote" about the growing prevalence of corporate VCs in Europe and its ongoing evolution