Benelux
IK taps Lincoln for 2Connect exit
Auction for Dutch cable and connectors manufacturer is expected to launch by Q2 2022
Sponsors kick off 2022 with buyout volume down 13% year-on-year
Energy costs, inflation and war in Ukraine cloud deal activity but value holds up with average deal size on the rise
Integra Partners gears up for EUR 200m-300m global fund
Belgian GP’s new vehicle will invest in international PE funds and co-investments; EUR 120m first close expected in Q1
Gilde Equity Management explores Avinty exit advised by Arma
Sale documents for the Dutch healthcare software provider are expected in Q2 2022
GP Profile: BC Partners looks to steady deployment ahead of next fundraise
Head of IR Alexis Maskell details the GP's plans to lay strong foundations for when it next hits the road, possibly in H2 2023
Summa buys Intix in first Fund III deal
ESG-focused GP will help accelerate growth of Belgian fintech specialised in monitoring transactions for money laundering
Partners Group set for second PG Life fund
PG Life II is expected to follow the global impact investing strategy of its predecessor
PSG eyes second European fund
PSG Europe II has a EUR 2.5bn target; its predecessor closed on its EUR 1.25bn hard-cap in 2021
PAI sells Refresco to KKR for USD 8bn
The price reflects a 14x EBITDA multiple for Refresco
Backed VC raises EUR 150m across two new funds
Core 2 will make seed deals; Encore 1 will back later-stage rounds for the VC's existing portfolio
Gilde Buy Out rebrands as Rivean Capital
GP plans to pursue its existing investment strategy, targeting EUR 100m-500m EV European companies
BlackRock eyes new Secondaries & Liquidity Solutions fund
Strategy makes global mid-market secondaries deals and provides liquidity at GP level
Astorg closes Mid-Cap Fund on EUR 1.3bn
Fund will target EUR 150m-500m EV deals, expanding on Astorg’s current flagship strategy
Lightrock gears up for Climate Impact Fund
Impact investing GP raised USD 900m for its Lightrock Growth Fund I vehicle in 2021
SD Worx minority stake sale process attracts PE interest
Morgan Stanley is in pole position to secure the sellside mandate for the Belgian HR and payroll software group
Apax gears up for Fund XI
Apax Partners' USD 11bn predecessor flagship fund was 64% deployed as of September 2021
IK appoints Baird for Optimum Group exit
Sale of Dutch packaging company is expected to launch in 2H22
Verlinvest builds up stake in Tony's Chocolonely
Belgian PE firm becomes majority shareholder of Tony's, competition authority filing says
Nuveen closes impact fund on USD 218m
GP could return to market for Fund II in 2022 or early 2023 given current deployment opportunities
Inflexion acquires Enviolo in USD 245m buyout
Investment in the Netherlands-based e-bike components producer was led by the GP's Amsterdam office
Fortino exits Odin to Apax
Apax was awarded exclusivity on the deal in mid-January
Polestar launches circular debt fund with EUR 400m hard-cap
Fund will back Netherlands-based projects and companies involved with carbon and waste reduction
PE impact fundraising surpasses EUR 4bn in 2021
Figures from Unquote Data reflect the increasing prevalence of impact and impact-driven deals
Holland Capital buys business applications provider Appronto
Acquisition will enable close collaboration with other companies in the GP's portfolio