Benelux
Bregal Milestone invests €20m in Anywhere365
Anywhere365 founder Gijs Geurts will retain a majority interest in the company
Acquisition prices for SMEs decline in Q1 2020 – research
Prices paid to acquire SMEs declined significantly to 9.3x EBITDA in the first quarter of 2020
Gilde buys Corilus from AAC Capital
Sale for the healthcare software company began in November 2019 and continued in spite of coronavirus
Q1 Barometer: Year of sustained growth finally halted in Q1
The European private equity market cooled in Q1, even before the Covid-19 crisis took hold, after an especially active Q4 2019
Main Capital Partners raises €564m for sixth fund
Vehicle reached its €564m hard-cap, following a €535m first close in December
Ara Partners closes debut fund on $400m
Fund makes buyout and growth capital investments in companies based across North America and Europe
E-scooter startups feel brunt of lockdowns but anticipate future upside
The coronavirus lockdown in Europe has put a brake on the transport sector - should e-scooter startups and their investors be worried?
Ambienta raises $150m for absolute return fund
Ambienta X Alpha is managed by a team based in London, led by chief investment officer Fabio Pecce
Levine Leichtman backs SIPM MBO
Previous investor Fin.Co sells its majority stake in the company following its investment in 2017
LSP invests €5m in Kiadis Pharma
Company is listed on the regulated market of Euronext Amsterdam and Euronext Brussels
Tech, IT and software valuations remain stable – survey
Report from GCA Altium tracks the effect of the coronavirus crisis on listed technology companies
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
Omers leads €16.25m series-B for Deliverect
Omers Ventures managing partner Jambu Palaniappan will join the Deliverect board
Parcom holds €775m final close for sixth flagship fund
GP took six months to reach its €775m hard-cap target
Index Ventures raises $2bn across two new funds
Index Ventures Growth V, which targets later-stage companies, raises $1.2bn, while Index Ventures X closes on $800m
MVM invests $14m in MDxHealth
MVM is drawing equity from MVM Fund V, which held a first close on £150m in November 2018
FSN's Fellowmind bolts on ProActive
Add-on follows the GP's acquisition of the IT consultancy in November 2019 via FSN Capital V
Anders Invest buys 50% stake in Topvorm Prefab
GP sees a positive future for the residential construction sector in spite of short-term challenges
Market braces for 12.6% drop in valuations by Q2 – report
NAVs expected to drop for Q1, with a steeper mark-down for Q2 as the crisis take its toll
Unquote Private Equity Podcast: Fund financing in a fix
The Unquote team looks at how PE managers are turning to fund financing in a bid to shore up their portfolios
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Holland Capital exits Inno4Life
Holland Capital provided growth capital and took a stake in Inno4Life in July 2017
KKR expects lower valuations for its portfolios due to Covid-19
GP forecasts that emergency restrictions will challenge its ability to market new funds and strategies
Bolster Investment buys 60% stake in Mark Climate Technology
Climate control systems company will seek add-on acquisitions following the investment