DACH
Ardian exits Berlin Brands stake to Bain
Ardian acquired a 40% stake in the e-commerce group in 2015; it is now valued at more than USD 1bn
Waterland sells Atos Kliniken to ICG
Waterland formed the orthopaedic clinic chain via a spin-off from portfolio company Media in 2016
Capvis sets up first ever continuation vehicle for fund III assets
Three remaining assets in the 2008-vintage funds are Hessnatur, Arena and Kaffee Partner
Unquote Private Equity Podcast: Climb in pricing persists
Following the publication of the Q2 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
Capiton buys majority stake in Kutterer Mauer
GP aims to support the tube and jar cap and closure manufacturer with organic growth and add-ons
Guidepost leads USD 150m round for Atheneum Partners
Existing investors including Crosslantic Capital have also backed the research platform
Hg buys majority stake in Waterland-backed Serrala
Waterland acquired the B2B financial automation software in 2016 and will retain a minority stake
Genesis Capital raises EUR 101m in first closing of GPEF IV
Fund aims to raise up to EUR 150m from institutional investors by the end of 2021
Fidelium to acquire Benteler's Tønder and Louviers plants
Fidelium intends to establish the aluminum auto parts plants as an independent entity
Q2 Barometer: Robust Q2 performance bodes well for H2
The latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments, is now available to download
Multiples Heatmap: PE continues to pay ever more for assets
Deal multiples record a fifth consecutive quarterly increases to reach 11.8x in the second quarter of 2021
Golding opens Swiss office, hires Frühauf
Managing director Beat Frühauf will head Golding's Zurich office, joining from BNP Paribas Schweiz
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
No sign of summer holiday for PE as dealflow beats records
In June and July 2021, deal volume surpassed 2019's record by 13%, with aggregate value up by 33%
Hamilton Lane raises USD 475m across two Large Buyout Club funds
Hamilton Lane now intends to launch a Venture Capital-focused fund as an extension of the strategy
Providence Strategic Growth backs Sport Alliance with EUR 60m
GP intends to support the gym and fitness studio software with its international expansion
Valar Ventures leads USD 263m round for Bitpanda
Round brings the aggregate value of growth and VC deals in Austria in 2021 to more than EUR 1bn
Cobepa, Sofina exit Hillebrand in EUR 1.5bn trade sale
Deutsche Post is to acquire the Germany-based consumable liquids freight forwarder
BC Partners reacquires CeramTec alongside CPPIB
BC Partners acquired CeramTec from Cinven alongside co-investors in a EUR 2.6bn deal in 2018
Softbank leads USD 120m round for Adverity
Existing investor Sapphire Ventures is also backing the Austria-based marketing analytics software developer
Hellman & Friedman in EUR 3bn take-private offer for Zooplus
Online pet products retailer has been listed on the Frankfurt Stock Exchange since 2008
EQT to sell Utimaco majority stake to SGT Capital
EQT will retain a minority stake in the Germany-based cybersecurity firm, which it acquired in 2016
L Catterton et al. in EUR 100m round for SellerX
SellerX has already raised amost EUR 250m in debt and equity in its 12 months since inception
Gyrus closes Investment Programme on EUR 430m
Gyrus expects the funds to be fully deployed within 12 months, with a new fundraise in 2022