CEE
Sandberg acquires Revolgy
Rest of the shares remain in the hands of the original shareholders of the company
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
Meta Change Capital launches €100m fund
Fund is dedicated to investments in blockchain companies across Europe, Asia, the Middle East and Africa
EI-backed Anwim acquires EMila
Enterprise Investors acquired a significant minority stake in the company for €23.3m in November 2018
Vast majority of LPs satisfied with GP transparency – survey
Coller Capital's PE Barometer also reported LP concerns about forward-looking EBITDA add-backs
Secondaries players weigh up risk and rewards of "ring-fencing" deals
GP-led transactions isolating assets hardest hit by the Covid-19 crisis could appeal to adventurous secondaries players, but challenges abound
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Sentinel fully acquires Vyrtych
Vyrtych was on the lookout for a new owner, Mergermarket reported in November 2019
Baring Vostok, RTP Global to exit 2GIS
Valuation of 100% of the company's shares for the purpose of the transaction amounted to RUB 14.3bn
Third of LPs put fund commitments on hold – survey
Brackendale Consulting survey also revealed that 62% would commit to a fund without a personal visit
Video: CPPIB's Delaney Brown on improved LP/GP relations
In the fourth of Unquote's Lockdown series, Delaney Brown, managing director of CPPIB, discusses improved GP/LP relations since lockdown began
Ysios Capital raises €155m for third biotech fund
Ysios BioFund III provides financing to early- and mid-stage, highly innovative life sciences companies
Unquote Private Equity Podcast: Startups slow down
The Unquote pod asks, when will VC activity return to normal? And how will venture funds rebound in comparison to the previous GFC?
K Fund launches €70m second vehicle
Fund targets companies operating in the internet and mobile technology sectors
Livonia sells Thermory to UG Investeeringud
UG Investeeringud had previously been a minority shareholder of the company
Francisco Partners raises $9.7bn across three funds
Funds target the technology industry, with a focus on software, financial technology and healthcare IT
Two thirds of PE professionals expect reduction in carry – survey
More than half of the private equity partners and directors surveyed also expect bonuses to reduce
Eurazeo holds €400m first close for France-China Cooperation Fund
Fund targets European companies with expansion and growth plans in the Chinese market
Enterprise Investors fully exits Novaturas
Following a high of PLN 55 in 2018, Novaturas' share price has been on a downward trend, further accelerated in February
Video: Coller's Francois Aguerre on PE's reasons to be cheerful
In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil
VCs sell Peak Games to trade for $1.8bn
Earlybird, Hummingbird and Endeavour Catalyst have exited to US-based mobile game designer Zynga
Ardian closes eighth secondaries mega-fund on $19bn
ASF VIII intends to provide the necessary liquidity to investors amid the global Covid-19 pandemic
Zubr Capital gears up for 2021 fundraise
Belarus-based Zubr currently manages the $91m Zubr Capital Fund I
Q&A: Pemberton's UK head Eric Capp on direct lending's future
Private debt professional Eric Capp discusses his long-term view of the direct lending landscape
