Investments
Spending bottom dollar: Valuation gaps take Q1 buyout levels back to 2009
Sponsors make just 95 buyouts in Europe in the first quarter - a figure not seen since Sony sold 12m floppy discs in one year
PE roll-up strategies face regulatory heat with focus on consumer industries
With longer holding periods facilitating more bolt-ons, regulators including the UK's CMA are intervening
Inflexion sells GP stake to Hunter Point Capital
10% stake in UK-based midmarket sponsor is the first European deal for US-based GP stakes investor
EQT Growth in active deployment with EUR 100m IntegrityNext deal
Sponsor to support organic growth of Munich-based ESG software group via inhouse digital and sustainability teams
European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
Deals face further financing uncertainty after Credit Suisse rescue
Delayed return of stabilized M&A conditions expected, advisors say; mid-cap transactions stand to fare best
Lenders sway fate of auctions in volatile LBO market
Vendors increasingly sounding out lenders before bidders to navigate uncertain M&A landscape
Unquote Private Equity Podcast: What's next for ESG – Fedrigoni case study
Harriet Matthews is joined by colleague William Cain to discuss ESG investing amid macro clouds and interviews Bainтs Ivano Sessa about the sustainability strategy for one of the sponsor's portfolio companies
PE 'roll-ups' merit Article 22 scrutiny, says Dutch agency head - Keystone Brussels
Martijn Snoep said that small local or regional acquisitions often fall below filing thresholds
EQT faces selldown dilemma as realisation pressure dawns
Swedish GP still holds large stakes in Azelis, Suse more than 18 months after listings; could look to selldown in H2 2023
Constructive approach: PEs turn to bolt-ons amid exits and debt crunch
Buy-and-build strategies to take centre stage for sponsors faced with longer holding periods and tough market for platform investments
Unquote Private Equity Podcast: Après IPEM and the road ahead
Harriet Matthews and Min Ho share what they gleaned from the conference in Cannes and what this means for investment and fundraising outlooks
IPEM 2023: GPs battle fundraising blues on the Côte d'Azur
Sponsors remain broadly optimistic despite fundraise bottlenecks and a growing number of LPs faced with tough choices on manager selection
Q4 Barometer: deal count remains steady amid tough environment
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
Unquote Private Equity Podcast: The PE auction in times of exit scarcity
Rachel Lewis joins Harriet Matthews to discuss how auction process dynamics are changing against the current market backdrop
Series A rounds likely bright spots in VC investing in Q1 2023 – KPMG
Energy security, ESG deals to continue apace, with consumer-focused businesses seeing most strain
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
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
GLP Capital Partners taps Kirkland & Ellis PE partner
Michael Steele to join investment manager in secondment likely to lead to permanent role, sources say
Unquote Private Equity Podcast: 2023 - New year, new market?
Unquote and Mergermarketтs private equity reporting team discuss the past 12 months and what lies ahead next year
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
Clearwater Multiples Heatmap: Valuations ease as PE deals slow down
After a record quarter, Q3 2022 sees sponsor transactions fall sharply amid challenging macro environment
Unquote Private Equity Podcast: Making an impact
Impact growth capital firm Lightrock's Pål Erik Sjåtil speaks to Unquote about impact investing and energy transition
Sponsors ponder ESG questions as EU Taxonomy spurs gas, nuclear funding flow hopes
Framework gives green light to deals in the sector but LP accountability could stymie potential investments