Benelux
Agilitas buys TenCate Armor from Gilde's Royal TenCate
This is the sixth platform deal made by Agilitas via its second fund
Preparing for the turnarounds wave
The much-anticipated wave of distressed opportunities has failed to materialise so far, but market participants are still readying for an uptick
HAL backs two Dutch greenhouse businesses
Dutch investment company secures 60% stake in Stolze and a 24% interest in Prins Group
Castik acquires Customs Support Group from Mentha
Buyout is the first deal from Castik's second fund, which closed in October 2020 on €1.25bn
Sponsor-lender relationship faces stiff Covid-19 test
GPs' relationships with their existing banks and debt funds will remain key to managing the ongoing consequences of the crisis
Secondaries update: Unigestion's David Swanson
Secondaries activity is recovering from the initial coronavirus-related shock, with good prospects for GP-led secondaries deals
Kartesia injects €75m into HeadFirst
Kartesia backs the recruitment company via its KCO IV and KCO V funds
Castik closes Epic II on €1.25bn
Fund will follow the same strategy as the GP's debut fund, which held a final close in 2015 on тЌ1bn
Blackstone Core Equity Partners II closes on $8bn
BCEP II follows a long-hold private equity strategy, with an investment period of 15 years
TVM Capital closes LSI II on $478m
Vehicle is TVM's largest ever fund and the second in its exclusively life-sciences-focused strategy
Digital doctors here to stay as telemedicine deals surge
Rise in demand for telemedicine т and promising returns for investors that have been targeting the space т looks set to continue
Egeria invests in Apoc Aviation
Deal is an exit for minority shareholder Antea, which invested in the company in 2015
Nordian Capital completes J-Club acquisition
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties
Amplify raises $375m across two funds
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
Equistone's Group of Butchers sold to Parcom
Sale ends a holding period of almost four years, during which the company made seven bolt-ons
Gimv exits Eurocept homecare division
Exit has no significant impact on the net asset value of Gimv as of 31 March 2020
LLCP acquires metrology specialist NMI
This is the third deal made by Levine Leichtman Capital Partners Europe II, which closed on €463m earlier this month
LLCP buys Triskelion
GP invests in the company via Levine Leichtman Capital Partners Europe II, which closed on €463m earlier this month
European Direct Lending Perspectives Q2 2020
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
PAI Mid-Market holds €500m first close towards €700m target
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
True Ventures raises $840m in two final closes
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital
PE-backed Cohedron bolts-on two Dutch companies
Cohedron currently generates more than €100m in revenues, up from €60m in 2017 when the GP acquired it
Levine Leichtman Capital Partners Europe II closes on €463m
Fund has already completed one investment and has two additional deals under contract
Indigo Capital II holds €300m final close
Fund provides private bonds and preferred equity to European mid-market businesses