Industry
Adelis raises continuation vehicle for SSI Diagnostica
New fund, with StepStone as lead investor, allows infectious test manufacturer to buy US peer TechLab
The Bolt-Ons Digest - 19 August 2022
Unquote’s selection of the latest add-ons with Apax's Groupe Crystal, Livingbridge's CitNOW, Triton’s Fertiberia and more
AnaCap could explore Wealthtime sale in 12 months
Sponsor formed the UK-based wealth management platform via a three-business merger
Montagu gears up for seventh fund
GP has made a legal filing for the fund, having held a EUR 3.3bn final close for its predecessor in 2020
HIG Europe's lower mid-cap strategy eyes succession and carve-out opportunities
Flexible remit allows EUR 2bn vehicle to invest through macroeconomic uncertainty
Alderwood Capital mulls significant stake sale in bid to kickstart PE fund
London-based GP was formed in 2020 and aims to raise a fund to take minority stakes in boutique asset managers
Buy now, realise later - sponsors go on spending spree amid exit lull
Mounting dry powder sees GPs turn to primary buyouts, P2Ps and carve-outs, although exit pressure remains
Unquote Private Equity Podcast: Growth equity’s mounting momentum
Bregal Milestone’s Cyrus Shey and HPE Growth’s Manfred Krikke discuss investing, operational support and what's next for the industry
Geneo to hold final close for mezzanine impact fund by year-end
Evergreen sponsor has set EUR 200m target for the fund, which will focus on European companies
Inflexion sells Pharmaspectra to IQVIA for USD 100m
Exit of medical data disseminator generates 25% IRR after three years of ownership
Contrarian Ventures targets EUR 100m hard cap for new climate tech fund
Lithuanian VC aiming to attract funds-of-funds for second close planned for the next month
GP Profile: Tikehau’s Aerofondo set for aerospace industry take-off after first deal from debut fund
Spanish aerospace strategy aims to attract total commitments of EUR 150m-EUR 200m, with strategic LPs already in place
GCA Altium consumer MD to join Clearwater
Christopher Jones is expected to head up a new consumer sector team at Clearwater
Permira bolsters global technology team with senior advisor
Koen Köppen brings CTO experience from fintech and payments firms including Klarna
Balderton hires Deloitte’s Broad as head of impact
Elodie Broad will focus on sustainability in the VC's internal operations, investments, and portfolio
Kindred Capital heads for first close of third fund
Alongside fundraise, VC plans to make three more sector-agnostic investments from its second, EUR 100m fund
SVPGlobal poaches Beach Point Capital’s Himot
Following a 12-year tenure at Beach Point, Himot joins forces with the US-based investment firm
GP Profile: Greenpeak Partners on emerging manager fundraising and specialisation
Buy-and-build specialist looks for portfolio add-ons as it contemplates hitting the road for a new fund in 2023
Summa opens North American office
Three existing partners will lead the California office, which is the GP’s first beyond Europe
Carlyle CEO Kewsong Lee steps down after two years
Executive led the US GP into other alternative assets like credit; no immediate successor announced
Pinova expects final close for Fund 3 before year-end
DACH industrial technology and IT investor has set a EUR 250m target for the vehicle
Morgan Stanley equity solutions MD departs
Gautier Martin-Regnier has left after nine years at the bank; expected to join sovereign wealth fund
Montagu to exit Arkopharma for EUR 450m
Sale of French supplement maker leaves two unrealised assets in 2010-vintage Montagu IV
SwanCap plans October first close for Fund VI
German GP has a EUR 350m target for co-investment vehicle, which will follow the strategy of 2019-vintage predecessor