France
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Worldline's sale of TSS to Apollo stalls over deal terms
Apollo's offer was estimated to be a little short of EUR 2.5bn when it entered exclusive negotiations over the summer
PE funds rework packaging investments around ESG concerns
Can private equity's decades-long love affair with the packaging industry last?
DWS holds USD 550m final close for first PES fund
GP's first institutional fund will partner with lower- and mid-market GPs for mid-life secondaries
General Atlantic flagship fund GA 2021 closes on USD 7.8bn
Sixth flagship growth equity fund is more than twice the size of its USD 3.3bn predecessor
LBO France secures Alliance Marine takeover from Weinberg
Deal values the target at around EUR 200m (10x EBITDA), according to Capital Finance
Announced PE deals fall sharply in October
Could the market have finally reached full capacity following a record-breaking first half of 2021 for M&A?
Argos Wityu exits Olinn
GP formed the equipment leasing and management firm in 2018 via the merger of four companies
Unquote Private Equity Podcast: Leisure sector cleared for take-off
Unquote looks back at how the sector has fared, and speaks with PAI partner GaУЋlle d'Engremont following the ECG deal
Eurazeo grew AUM by 44% over past 12 months
Asset manager raised EUR 3bn from limited partners in the first nine months of 2021
Activa Capital hires associate in investment team
Prior to joining, Julie Perouzel worked as an M&A analyst at Rothschild & Co for a year
Auction for Carlyle's Saverglass called off – report
Rothschild-run process was launched earlier this year, with Towerbrook and ICG reportedly involved in earlier stages
Ardian, Latour buy LBO France's Groupe RG
LBO France bought a majority stake in the personal protective equipment producer in 2017
Gimv to exit Wolf Lingerie in Vulcain-led auction
Gimv and Alsace Capital acquired Wolf from Cathay Capital and EPF Partners in 2014
ESG concerns limit bidders in LMB Aerospace sale
First-round bids for France-based LMB Aerospace were collected last week
Kempen holds EUR 173m first close for European Private Equity Fund II
New fund is focused on small and lower-mid-market private equity buyouts in Europe
LBO France, PAI in second round for Alliance Marine
Alliance Marine went on a bolt-on shopping spree under Weinberg ownership
Consumer dealflow rebounds strongly in Q3
More on-trend verticals such as technology and healthcare took a backseat in the third quarter, Unquote Data shows
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Healthcare buyouts approach record EUR 30bn in 2021
France has been the source of more than half of the aggregate value recorded to date
Anaveo sale pulled despite late-stage talks with 3i
Competitive process stalls as vendor Bridgepoint's price expectations were not met, sources say
France's Apax appoints chief sustainability officer
Dominica Adam has taken up the newly created management position at the Paris-headquartered GP
IK invests in Prophecy Group
Minority investment in the cybersecurity firm is IK's sixth deal to be announced in H2 2021
Will private equity bank on rising interest rates?
Sponsors want in on banking businesses before greater confidence in asset quality and interest-rate hikes increase valuations