Industry
The Bolt-Ons Digest – 11 November 2022
Unquote’s selection of the latest add-ons including Hg and ICG's Iris, Inflexion's THE, Bain's House of HR and more
3i plans over GBP1bn in exits with 'better' 2023 in sight
Positive turn to start by Q2; retailer Action valued at GBP 8.6bn, CEO said during results call
Ardian reinvests in Neopharmed alongside NB Renaissance
French GP will move stake from fund VI to VII; additional capital allows for European M&A
EQT closes Europe's largest VC fund with EUR 1.1bn raised
Registered in September, EQT Ventures III is almost double the size of its predecessor
King & Spalding hires Sims to strengthen funds offering
Stephen Sims joins the London-based team as partner, with prior experience at MJ Hudson and Skadden
GP Profile: Investcorp's GP stakes strategy sees strong dealflow ahead
Growing private assets market and changing LP perception will bolster GPтs mid-market strategy, Anthony Maniscalco tells Unquote
Emerging managers: "now is the time to back tomorrow's leaders" – Unigestion
Asset manager discussed outperformance of first-time funds and showcased new managers at a virtual event
Goodwin hires Saunders from Mayer Brown as finance partner
Edward Saunders re-joins Goodwin in London, having previously worked there from 2017 to 2019
EV Private Equity promotes Kobayashi to partner
Karem Kobayashi will also become head of responsible investment at the energy sector-focused investor
Sun European exits Allied Glass to trade for GBP 315m
Sale of UK-based glass packaging group to Verallia marks first exit from Fund VII
NorthEdge appoints Grant Berry as executive chair
UK lower mid-market GP also announces new CIO and other promotions in leadership team
Nordic exits The Binding Site to trade in 'best ever' deal
GP to reap for 19x money in sale of specialty diagnostics group after 11 years, source says; Five Arrows also exits
Abris Capital 'confident' about new fundraise in 2023
Polish GP reinforces its ESG pitch and sees opportunities in rebuilding Ukraine
Nuveen buys Arcmont, forming Nuveen Private Capital
Minority investor Dyal Capital exits stake, deal comes amid a buoyant private lending market
GP Profile: Equistone banks on experience to ride through the next cycle
As the firm contemplates future fundraising, Unquote speaks to partner Tim Swales about the GPтs current outlook
Agilitas registers Human Impact Fund
Filing comes amid host of European sponsors launching debut dedicated impact vehicles
Women in PE: Avallon's Pakulska on fundraising, exits and the role of sport in business
Women in Private Equity is a new series aiming to highlight both news and personal insights from key women in the PE sector internationally
Ardian exits Unither to GIC, IK-led consortium
Existing investors Keensight and Parquest to remain in share capital alongside company's management
Platform boot camp: Buy-and-build holds fast in healthcare sector
Healthcare M&A has held up well in 2022 versus 2021, offering hope in a challenging market
Houlihan Lokey poaches Hepberger to bolster healthcare team
Rainer Hepberger spent nine years at William Blair and two at Raymond James; brings expertise in medtech
Startup Wise Guys gears up for B2B fund close next year
Estonian VC is targeting institutionals, family offices and HNWI for EUR 20m Challenger Fund II
Permira Advisors shuts down Japan office
GP spokesperson says strategy is unchanged, will pursue opportunities in Japan selectively
Secondaries dealflow sees boost from primary fundraising, macro climate – Coller Capital
FranУЇois Aguerre and Michael Schad also discussed topics including credit secondaries
EU's pending foreign subsidies rules put PE deals in the spotlight
M&A from funds backed by Chinese and Middle Eastern investors likely to be the focus of enforcement