Benelux
Eurazeo Growth III holds final close on EUR 1.6bn
Vehicle surpassed its EUR 1bn target and will provide initial equity tickets of EUR 25m-100m
PE buy-side appetite further boosts exit options for sponsors
Secondary buyouts accounted for nearly a third of all PE exits in the first half of 2021, compared with typical levels of 20-25%
EQT explores strategic options for Banking Circle
Options include a private sale and a merger with a blank-cheque company, as well as a listing via IPO
Ardian buys stake in Nova Reperta
Investment in the management consultancy is Ardian Growth's first investment in Belgium
Unigestion launches second emerging-manager fund
Vehicle has a target of EUR 300m and will back first- and second-generation buyout and growth funds
GHO holds EUR 2bn final close for third fund
Fund close follows a fully virtual fundraise that saw the GP surpass its EUR 1.25bn target
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
Silverfleet calls off fundraise for third fund
GP intends to focus on follow-on investments and realisations in its existing portfolio
H&F holds USD 24.4bn final close for 10th fund
Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn
Sun European invests in Sports & Leisure Group
GPP buys a majority stake in the artificial turf business, headquartered in Belgium
One in four LPs willing to trade lower performance for better ESG - survey
ESG-focused LPs "motivated to divest positions in funds where they perceive ESG efforts to be lacking"
Kempen Capital launches second private equity fund
Fund has a EUR 200m target and will make both small-cap direct co-investments and PE fund investments
Advent sells Allnex to PTTGC International
Trade sale values the Benelux-based coating resins business at EUR 4bn (12x EBITDA)
DN Capital holds final close for fifth fund on €300m
Vehicle surpassed its тЌ200m target and is тЌ100m larger than the firm's fourth fund
Novalis Biotech closes second fund on €25m
Fund aims to back around 20 companies in total, with four investments already inked
Fundraising Report 2021: mapping out the post-Covid landscape
Unquote analyses key trends and presents proprietary data on the European fundraising market
Gimv sells Summa to Ergon
Gimv acquired a majority stake in the Belgium-based digital cutting machines producer in 2016
European PE buyout activity sets new record in H1
Hectic first quarter drove an unprecedented spike in deal activity, while aggregate value is just shy of hitting an all-time high
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed
Karmijn Kapitaal holds first close for third fund
Netherlands-headquartered GP held a final close for Fund II in June 2016 on €90m
Fortino Capital eyes new fund launch for late 2021
Firm will look to mandate a placement agent prior to launching the growth fund
Healthcare buyout value hits new high in first half
Trio of mega-buyouts push the aggregate value of deals to тЌ19.5bn in H1, versus тЌ11bn in H2 last year
Pandemic sinks dealflow in restaurants & bars to 10-year low
Activity in the sector has not yet returned to previous levels, with four buyouts totalling тЌ285m recorded to date in 2021
Blackstone leads €665m round for software developer Mollie
Company will use the funding to scale up its team, expand globally, and further develop its technology