CEE
Bolt closes EUR 600m funding round
Investors include Sequoia, Tekne, Ghisallo, G Squared, D1 Capital and Naya
Houlihan Lokey to buy GCA
GCA Altium and GCA’s US business will operate under the Houlihan Lokey brand
Ambienta sells Calucem to Cementos Molins in EUR 150m deal
Calucem reports a turnover of EUR 58m, with an EBITDA of EUR 16m
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%
A&M Capital Europe buys Pet Network for EUR 260m
Pet Network was created by TRG in 2018 through the acquisition and merger of three businesses
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
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"
Mid Europa explores sale of M+ Group
Owners of M+ Group appoint William Blair to assess strategic options for the company
Fundraising Report 2021: mapping out the post-Covid landscape
Unquote analyses key trends and presents proprietary data on the European fundraising market
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
Healthcare buyout value hits new high in first half
Trio of mega-buyouts push the aggregate value of deals to €19.5bn in H1, versus €11bn in H2 last year
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
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 €285m recorded to date in 2021
Leta launches $100m fund to back Russian-speaking founders
GP will focus on eastern European and Russian-speaking founders who it believes are undervalued and overlooked for funding
Healthcare valuations heat up as high-profile assets crystallise competition
Healthcare sector saw multiple valuations pick up in Q1 2021 and hit a record high of 13.7x
Unquote Private Equity Podcast: Fundraising full steam ahead
With record amounts of capital raised in 2020 and a roaring start to 2021, it seems not even a pandemic could slow the momentum of PE fundraising
PE deal-making surge of 2021 could break one more record
Recent trends in the mega-deal segment indicate that the Alliance Boots buyout of 2007 is a record that is close to being broken
VC fundraising enjoys strong 2020 vintage, sunny prospects
With record amounts of capital raised for the strategy, venture capital fundraising does not appear to have been slowed by the pandemic
DN Capital's Global Venture Capital V surpasses €200m
GVC V targets seed and series-A investments in the software, fintech and online marketplace sectors
Balderton holds final close for $680m debut growth fund
GP's previous vehicles have targeted earlier-stage primary and secondary venture deals
Unquote Private Equity Podcast: Pandemic premiums
Following the publication of the Q1 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
Pollen Street Capital IV raises £560m, close to surpass target
PSC IV invests in lower-mid-market companies across the financial and business services industries
Cerea Mezzanine IV holds €215m first close
Fund invests in small- and mid-cap companies operating across the food and beverage value chain
Heritage funds: Large-cap players explore mid-cap opportunities
With Astorg on the road, and Triton and PAI having closed smaller funds this year, Unquote looks at what is driving the trend
