DACH
AnaCap in advanced talks for two deals; has 'exciting' financial services and tech pipeline
Financial services-focused sponsor is honing in on one majority and one minority stake deal
Capvis partner to join Bregal as head of Switzerland
Simon Lussi joined Swiss GP Capvis in 2015 and had been a partner since April 2021
Hg Munich partner departs after 10 years with sponsor
Stefan Margolis was promoted to partner in 2020 and led the GP's acquisition of Serrela
PAI Partners nears close for EUR 7bn Fund VIII following timeline extension
France-headquartered firm is expected to close the vehicle in November 2023 amid a tough fundraising climate
Stableton Financial approaches first close of new USD 100m secondary investments fund
Switzerland-headquartered investor is also preparing a second fund to invest in private tech unicorns
Active Capital in EUR 150m fundraise; SIF strategy and portfolio companies eye buys
Industrials-focused sponsor expects reshoring trend to generate uptick in opportunities
Fremman considers return to market in 2024 following newly closed EUR 1bn debut fundraise
Pan-European GP raised its debut fund during the ‘most challenging’ period for debut funds in recent years
KKA Partners boasts strong US LP showing in latest EUR 230m fund
Small mid-cap investor avoids pure tech businesses and ongoing ‘bubble’
Unquote Private Equity Podcast: In conversation with... Alex Walsh, Blackstone
Senior Managing Director Alex Walsh discusses topics including his career in the PE industry, LGBTQ+ representation and inclusion, and the current macro environment
CVC raises Europe’s largest ever buyout fund, securing EUR 26bn for ninth vehicle
Fund was launched in January 2023 and surpassed its EUR 25bn target, the GP said in a statement
Founders Future to kick off EUR 80m-EUR 100m fund this year as ‘now is the best time to invest in seed funding’
French VC firm is prepping a new vehicle which will invest EUR 3m-EUR 10m in companies it has already invested in, founder Marc Menasé said.
Sluggish PE market struggles with deal execution, braces for pent-up demand wave
Financing challenges and valuation discrepancies have stymied deal count and volume, but hopes pinned on 4Q 2023 and beyond
Netzkontor sponsor DBAG weighs exit options following beauty pageant
GP acquired the German telecoms service provider in 2018 and has subsequently made 13 add-ons
LGT closes fourth global venture capital fund on USD 930m
Primary, co-investment and secondaries vehicle surpassed its USD 750m target
European SBOs sink to lowest level since GFC, leaving sponsors weighing exit options
Hopes for exits comeback pinned on M&A uptick and shift in valuation expectations in 2H 2023
Unquote Private Equity Podcast: Overcoming the exit impasse
Unquote assesses the obstacles to executing successful exits and speaks to Equistone senior partner Steve O’Hare about the GP’s approach to its recent realisations
IK-backed Klingel bidder ELOS Medtech frontrunner in late-stage auction
German medical equipment firm also drew sponsor interest, with some dropping out due to valuation expectations
AlphaPet Ventures gears up to collect first-round bids as investors weigh up pet food’s appeal
Sponsors including IK and TA Associates expected to look at Capiton-backed German petfood company
Portable refis pave way for smoother sponsor exits in rocky market
Sellers are aiming to bolster buyer confidence, securing debt that can be transferred to the next LBO
SGT Capital focuses on co-investments and LP diversification in next stretch of USD 2bn fundraise
Co-managing partner and former Mormon missionary turned financier Joseph Pacini speaks to Unquote as the firm’s current fund nears a USD 1bn-plus second close
Dutch sponsor Egeria gears up for new fund launch next year
GP’s 2017-vintage, EUR 800m current fund is expected to be fully deployed within 12-18 months
Wellington eyes late-stage growth opportunities with new USD 2.6bn fund
GP seeks to address capital needs pre-IPO or sale and anticipates a diverse portfolio for fourth fund
TSG’s Bergfreunde hits the market in JPMorgan-led auction
Sale of German online clothing retailer follows performance spike during COVID-19 pandemic
The Bolt-Ons Digest - 3 July 2023
Unquote’s selection of the latest add-ons with Palatine's Anthesis, Nordic Capital's Regnology, Waterland's Janssen and more