DACH
Capza holds EUR 200m first close for Growth Tech fund
Fund has made four platform investments and backs European digital and technology-based companies
Partners Group closes fourth PE programme on USD 15bn
Programme includes USD 6bn from the GP's fourth direct PE fund, Partners Group Direct Equity 2019
Capiton sets sights on autumn close for sixth fund
Capiton is aiming to raise EUR 550m, with a hard-cap set at EUR 575m
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Nordic Capital and Avista to sell Acino to ADQ
Nordic Capital transferred the company to continuation vehicle Nordic Capital CV1 in 2018
BtoV holds USD 135m final close for Digital Technologies II
Vehicle will continue to make early-stage investments in European digital technology startups
3TS holds first close for Fund IV
Growth fund has a EUR 150m target and expects to announce its first investment shortly
KKR drops out of Zooplus race
Hellman & Friedman increased its take-private offer to EUR 3.29bn earlier this week
Podcast: In conversation with… Adam Turtle, Rede Partners
Turtle joins the podcast to discuss the firm's journey over its first decade and the main trends in the European fundraising landscape
Allianz holds EUR 500m first close for debut private debt fund
Fund-of-funds marks the first time that the firm has opened its strategy to institutional investors
Accel leads USD 140m round for CommerceTools
Series C follows the company's USD 145m funding round in 2019, which was led by Insight Venture Partners
Pictet holds USD 350m final close for Technology Fund
GP intends to launch a healthcare- and biotech-focused thematic fund in early 2022
Valuations rising as food & beverage whets PE's appetite
Within the space of a year, average pricing in the space has increased by 2.2 turns of EBITDA, research by Clearwater and Unquote shows
H&F increases Zooplus take-private offer
Increase from EUR 3bn to EUR 3.29bn follows competing takeover interest from EQT and KKR
HIG to collect first-round bids for Conet next week
Mid-cap private equity firms are taking an interest in the asset, sources say
DBAG eyes Italian B2B industrials, services deals via local subsidiary
Deutsche Beteiligungs AG has established a Milan office, hiring Giovanni Revoltella as partner
KKR fully exits SoftwareOne
KKR took 25% in the company in 2015; it listed in 2019 and now has a CHF 4bn (EUR 3.6bn) market cap
EQT Ventures gears up for third fund
Fund registration comes less than two years after the final close of its EUR 660m predecessor
Revaia closes debut fund on EUR 250m
Formerly known as Gaia Capital Partners, the firm was founded by Elina Berrebi, Alice Albizzati
HIG closes Europe Middle Market fund on EUR 2bn
GP's first mid-market fund was launched in September 2020, according to Unquote Data
Triton appoints Paun as head of sustainable investing
Ashim Paun joins from HSBC Global Research and will assist with both investments and capital raising
DBAG opens Milan office, hires Revoltella
DBAG can invest a total of up to EUR 300m in equity in Italian companies from its EUR 1.1bn DBAG VIII fund
KKA acquires majority stake in CuraMed Kliniken
GP has identified two targets to expand the capacity of the mental health clinic chain
Trill Impact closes debut fund on EUR 900m
Mid-market impact fund has made four investments to date and expects to make 10-12 platform deals