DACH
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
Unquote Private Equity Podcast: H1 review special
The team looks at key takeaways and numbers across deal-doing and fundraising, and ponders where the market might be headed
Speedinvest holds EUR 60m close for Speedinvest x Fund 2
Fund will back B2B and B2C marketplaces, as well as subscription and circular economy startups
Silverfleet calls off fundraise for third fund
GP intends to focus on follow-on investments and realisations in its existing portfolio
Sponsors in race for Laird Thermal Systems
Sale of the German business is moving into an interim round with confirmatory bids due 21 July
Verdane steps up DACH activity with four new investments
GP has made a growth investment in Meister and majority investments in PremiumXL and Remember
H&F holds USD 24.4bn final close for 10th fund
Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn
One in four LPs willing to trade lower performance for better ESG - survey
ESG-focused LPs "motivated to divest positions in funds where they perceive ESG efforts to be lacking"
Project A opens first international office in London
Principals Sam Cash and Jack Wang, plus associate Luc de Leyritz, will head the new office
PGIM to acquire Montana Capital Partners
Founders Marco Wulff and Christian Diller will continue to head the Switzerland-based secondaries GP
Kempen Capital launches second private equity fund
Fund has a EUR 200m target and will make both small-cap direct co-investments and PE fund investments
Ufenau sells Swiss IT Security to Triton for 12x money
GP also netted 150% IRR on the sale, having acquired the company in 2017, and following 17 add-ons
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
DN Capital holds final close for fifth fund on €300m
Vehicle surpassed its тЌ200m target and is тЌ100m larger than the firm's fourth fund
VR Equitypartner sells Megabad stake to FSN Capital
VR Equitypartner has sold its stake in Germany-based online bathroom fittings and furniture retailer Megabad to FSN Capital.
Fundraising Report 2021: mapping out the post-Covid landscape
Unquote analyses key trends and presents proprietary data on the European fundraising market
US, UK ranked as most attractive countries for PE investment – study
France makes it into the top 10 for the first time, while Spain also records strong gains
HIG sells Weru to trade
Sale comes more than seven years after HIG acquired the windows and doors producer from Triton
European PE buyout activity sets new record in H1
Hectic first quarter drove an unprecedented spike in deal activity, while aggregate value is just shy of hitting an all-time high
Bid Equity sells Myneva to Summa
Bid Equity had reportedly mandated GCA Altium to consider sale options at the beginning of the year
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed
Capiton buys majority stake in Axxence Group
GP is backing the natural aroma chemicals firm via Capiton VI, which is on the road targeting €550m
HarbourVest opens Frankfurt office
GP simultaneously announces the appointment of principal Martina Schliemann, who joins from Hamilton Lane
Evoco sells Plumettaz to Invision
Evoco bought the cable-laying equipment producer in a six-company portfolio deal in 2015