DACH
Peak Rock Capital Fund III hits $2bn hard-cap
Fund makes equity and debt investments in mid-market companies based across North America and Europe
EY Law hires Schulz
Daniel Martin Schulz joins the firm's Hamburg-based PE and M&A team from Allen & Overy
Shackleton launches fifth venture secondaries fund
Fund combines secondaries purchases with the deployment of fresh capital directly injected in promising companies
Silverfleet promotes two to partner
Knight is based in London while Sommer is based in Silverfleet's Munich office
Q&A: do not give up on the lower-mid-market, says Monument's Karl Adam
Monument partner Karl Adam tells Greg Gille how an opportunity to break through still exists for lower-mid-market managers in a very top-heavy market
Waterland acquires software development business GOD
GP's previous IT service sector investments include Germany-based Netgo
Deutsche Handelsbank expands growth finance team
Firm aims to strengthen its venture debt offering via two promotions and a director appointment
Unquote Private Equity Podcast: Ravenous for recurring revenue
The Unquote Private Equity Podcast is back to its regular format this week, with the team looking at PE's appetite for recurring revenue models
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
ECM buys driving school support service Academy
GP is acquiring a majority stake in the driving school support service via its €325m GEP V fund
Q4 Barometer: How European activity returned to pre-pandemic level
European PE deal value staged an impressive recovery over the course of 2020, capped by a busy Q4
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of тЌ250m and target of тЌ200m for MTIP Fund II
Kartesia Senior Opportunities I holds €1bn final close
Fund provides senior financing to European small and medium-sized companies with strong credit profiles
Bregal to acquire Afinum's Perfect Drive Sports Group
Bregal announced the deal in conjunction with the €1.875bn close of Bregal Unternehmerkapital III
UV T-Growth Fund holds €100m first closing
Fund targets late-stage companies, primarily across the 5G, AI, cybersecurity, cloud and Internet-of-Things sectors
L Catterton gears up for fifth European fund
Vehicle makes majority investments in companies operating across the consumer industry in Europe
Balderton hires Ahluwalia in DACH team
Shikha Ahluwalia has experience as a co-founder of India-based online women's fashion retailer SBL
Astorg Mid-Cap anticipates summer final close
Fund will make pan-European investments in mid-market companies and has a €1bn target
European GPs get top ESG marks, but diversity remains sore point - survey
Only 23% of Aberdeen Standard Investments' GPs have clear diversity targets in their portfolio companies
Gyrus bolsters team
Christian Wipf from GCA Altium Switzerland and Mattias Terribilini from Rothschild join the executive team
Back to school: education dealflow heats up as pandemic settles
Digital opportunities and long-term growth drivers have resulted in an influx of deals in recent weeks, with more in the pipeline
General Atlantic leads $145m round for Staffbase
Round for the employee communications software is the fifth-largest in DACH so far in 2020
DBAG buys majority stake in R+S Group
Equity investment of €15m is from DBAG's balance sheet and is intended to be a long-term investment
Bregal Unternehmerkapital III closes on €1.875bn
Fund closed on its hard-cap and will target businesses in the DACH region and northern Italy