Benelux
Unquote Private Equity Podcast: Covid-19 special
The team gathers for its first remote podcast, discussing how the early stages of the outbreak have disrupted the European PE landscape
Tech, business services power through amid Covid-19 rout
Of the 53 deals seen in March, 28 came from technology and business services
Debut managers to face daunting fundraising market in 2020
Debut managers out to market are unlikely to hold closes in 2020, and very few new teams are likely to launch funds
Several funds seeking to close in H1 face delays, says Cebile
LPs' reluctance to commit is likely to lead to a number of delays come Q2
Cowen Healthcare in €47m extension round for AM-Pharma
Round comprises €23m in equity and a €24m finance facility provided by the European Investment Bank
Turnaround funds eye European companies hit by Covid-19
Turnaround players have raised at least $5bn overall in Europe in recent years
Nordian renegotiating acquisition of J-Club - report
There are reportedly concerns over the accessories distributor's revenues in the wake of coronavirus
PE examines portfolio liquidity options as coronavirus halts dealflow
Managing financial and liquidity risk is front of mind as managers fret over the potential impact of a severe downturn
Secondaries: opportunistic buyers ready for fund stakes to hit market
With more sellers coming to market, prices are unlikely to stay at pre-Covid-19 heights, which could in turn encourage more opportunistic buyers
Gradient, Partech lead a $3m seed round for Kaizo
Former partner at IBM Ventures Christoph Auer-Welsbach joins Kaizo as a co-founder
Jerusalem Venture leads $25m series-C for Pyramid Analytics
Investment brings the total funding raised by Pyramid Analytics to $66.5m
Blackstone to continue preparations to acquire NIBC
Blackstone's offer comprises 995 euro cents per share, including the final dividend of 33 cents
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Annual Buyout Review: European momentum likely to be hit hard
Unquote's lastest Annual Buyout Review is now available to download, offering in-depth statistical analysis of European buyout activity in 2019
Down2Earth replaces Gimv as majority stakeholder in Grandeco
Gimv first bought the business 13 years ago and will remain a minority shareholder
Active Capital buys Delta Coastal Services
GP deploys capital from Active Capital Company Fund IV, which closed on €85m in September 2019
Coronavirus and private equity
All our latest coverage on the ongoing coronavirus crisis, and its impact on the European PE industry
Secondaries buyers expect 30% volume drop over next two months - research
Five out of 37 buyers still appear opportunistic and expect activity to go up
Triton-backed Unica acquires PCT Koudetechniek
Deal is Unica's sixth acquisition under the ownership of Triton
Quadrum Capital backs Bark Packaging
GP invests via its Quadrum Investment Fund II, which held a final close on €100m in 2019
New perspectives: How secondaries are reshaping PE's risk profile
With LPs increasingly hungry for PE, the boom of the secondaries market can shift perceptions around the risks associated with the asset class
Acuris coronavirus impact analysis
Assessing the early impact of coronavirus on capital markets and sectors
Standard Investment sells Flatfield in SEK 182m deal
Sale ends a six-year holding period for Standard Investment, which owned a majority stake
Deal-doing slump threatens Benelux exit momentum
GPs divested or partially realised 90 assets last year, making 2019 the third busiest year on the exit front in the past decade