CEE
Corporate divestments fuel European buyouts
Carve-outs and spin-outs represented around 14% of all buyouts in 2019, up from 11.5% in 2018 and 10% in 2017, according to Unquote Data
MCI to sell Netrisk
During MCI Group's holding period, the company bolted on Biztosítás.hu in 2019
Unquote Private Equity Podcast: Craving carve-outs
Listen to the latest episode of the Unquote Private Equity Podcast, where the team discusses corporate carve-outs
A decade to remember
The Unquote team wishes you a restful holiday break, and will be back for our regular news coverage on 3 January
Resource Partners acquires Maced
Tomasz Macionga will continue as CEO, while Edmund Macionga will join the supervisory board
Elbrus leads $10m round for YClients
Elbrus is currently investing from its $550m vehicle, which held a final close in February 2014
Software sector lures increasing amounts of capital in CEE
Interest in the software sector in CEE is on the up and was especially prominent in Q3
Private wealth to increase allocation to private equity
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Poland's MCI gearing up for €400m maiden closed-ended fund
Vehicle will keep to MCI's strategy of backing buyouts of mid-cap technology businesses in the CEE region
Karma et al. back €1.5m round for MeetFrank
Company will use the capital to launch its new "relocation without location" feature
Jet Investment exits MSV Metal Studenka
Sale ends a six-year holding period for the GP, which bought the company via its Jet I fund
Lightspeed leads €128m round for Vinted
Funding round values Vinted at €1bn, making it Lithuania's first technology unicorn
European biotech flourishes as US and Asian capital pours in
Attracted by a buoyant industry with a rich pipeline, numerous US and Asian players have entered the market
V4C buys stake in Warsaw-listed Summa Linguae
Deal is contingent upon the prior closing of two acquisitions by Summa Linguae
Carlyle-backed Logoplaste buys Masterchem
With this add-on, Logoplaste expects to expand its product offering and accelerate its growth
MGV holds first close for €150m early-stage fund
Fund achieves a тЌ75m first close and expects to hit its target by the end of 2020
Investindustrial closes seventh buyout fund on €3.75bn
Fund targets European companies operating in the consumer, industrial and healthcare services sectors
GHO Capital closes second healthcare fund on €975m
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services
Warburg Pincus Global Growth Fund raises $14.8bn
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Level 20 names Pam Jackson as new chief exec
Jackson succedes Jeryl Andrew, who will retire from the role at the end of the year
Northzone closes ninth fund on $500m
NZ IX invests primarily in series-A and series-B rounds, financing companies based in Europe and the US
Turbine secures €3m seed funding round
Alan Barge, a partner at Delin Ventures, joins the board of directors of Turbine
CVC closes second growth fund on $1.6bn
Fund targets high-growth, mid-market technology companies based in North America and Europe
Mid Europa's Profi to acquire Pram Maya
Profi continues its expansion strategy by taking over Pram Maya's 18 stores in Prahova