CEE
Rewriting the rulebook: how technology is disrupting PE
A round-up of key takeaways from speakers at Unquote's Allocate conference in June
CVC closes second long-term fund
CVC is the first of the multi-product managers to raise a second-generation long-term capital fund
V4C closes fund on €91m
Vehicle held a first close on €80m in January this year and has announced two deals
Unquote Private Equity Podcast: Allocate special
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses all the hot topics from Allocate
Up Invest buys Digiekraanid and Megameedia
GP will use the special purpose acquisition vehicle Media Investments & Holding for the transaction
CEE GPs use minority transactions to boost dealflow
Dealflow bolstered by the creativity of private equity firms, willing to team up or take minority stakes
Innova buys Optical Network
Innova will support the firm's plans to improve the product offering and customer experience
Triton-backed Dywidag buys Partec
Acquisition expands Dywidag's reach in eastern Europe and Scandinavia, where Partec is most active
Long-term vision: pros and cons of long-lifespan funds
A panel of LPs, managers and advisers delved into the controversial issue at Unquote's recent Allocate conference
Jet plans to double volume for third fund
Upcoming third fund will have a target of €350-400m, more than double the €153m raised for Jet Fund II
Jet Investment exits Benet Automotive to trade
Trade buyer Teijin has acquired the components manufacturer to push its expansion strategy in Europe
INVL buys Montuotojas
Deal was structured through two INVL Baltic Sea Growth Fund subsidiaries: BSGF Fortis and Montuja
LitCapital sells MPG to PE-backed Affidea
Revenues increased nearly by 50% and EBITDA grew by 5x during the ownership of LitCapital
Highlander Partners acquires Ares Group
Cardiology care provider Ares Group is Highlander Partners' first acquisition in Romania
Enterprise Investors sells 3S to trade in €96m deal
Polish fibre-optic and data centre service 3S is sold after a four-year holding period
CVC Credit holds $1.42bn final close for GSS II
Special situations fund had a target of $1bn and was closed after eight months on the road
Hamilton Lane announces final close for co-investment fund
Vehicle was registered as a Delaware LP in October 2017 and held a first close on $755m
Avallon launches €160m third buyout fund
Fund will be larger than its predecessor, Avallon MBO Fund II, which closed on €109m in 2014
Invest Europe appoints Mid Europa's Baudon as chairperson
New chairperson takes over from DN Capital's Marovac and will serve a one-year term
Resource Partners sells Mavit to trade
Sale ends a holding period of almost nine years for Resource Partners' debut fund
Management due diligence: getting under the bonnet
Almost half of PE investors believe external assessments are the most important method for evaluating a management team
CEE buyout market picks up after record low in Q1
Dealflow has rebounded, but pricing expectation mismatches are still an obstacle to overcome
KKR targets $1.5bn for second growth tech fund
Fund was registered in Luxembourg in November last year and expects to hold a final close in Q3
INVL invests €30m in Grigeo carve-out
Subsidiary of the fund will acquire 49.99% of the division's shares in a two-part transaction