France
Unquote Private Equity Podcast: Overcoming the exit impasse
Unquote assesses the obstacles to executing successful exits and speaks to Equistone senior partner Steve OтHare about the GPтs approach to its recent realisations
Seven2 to launch 11th fund in next 18 months as fundraising normalcy nears
Fundraising could pick up by year-end as LP denominator effect continues to wind down
Portable refis pave way for smoother sponsor exits in rocky market
Sellers are aiming to bolster buyer confidence, securing debt that can be transferred to the next LBO
HLD's 52 Entertainment sale on hold over valuation issues
French gaming developer had been expected to see a valuation of at least 15x EBITDA
Wellington eyes late-stage growth opportunities with new USD 2.6bn fund
GP seeks to address capital needs pre-IPO or sale and anticipates a diverse portfolio for fourth fund
The Bolt-Ons Digest - 3 July 2023
Unquoteтs selection of the latest add-ons with Palatine's Anthesis, Nordic Capital's Regnology, Waterland's Janssen and more
Cathay holds final close on USD 270m for PE growth fund
France-based GP’s latest private equity fund expands its geographical focus to North America
Frst aims to hit EUR 100m hard cap by year-end for AI-focused third fund
Paris-based VC has held a EUR 72m first close for early-stage vehicle, which will mainly invest in AI experts
ESI Group advances talks with buyout firms as strategic interest wanes
Binding offers for the listed French software firm are expected pre-European summer
Advent acquires majority stake in Parfums de Marly and INITIO Parfums Privés
GP will support the global growth of both fragrance brands, which will be managed separately under the same group
Strada Partners heads for 2024 final close for EUR 150m debut fund
Emerging Belgian manager was formed last year and will ink deals with EUR 5m-EUR 50m equity tickets
Five Arrows launches CBA Informatique stake sale
GP invested EUR 50m in exchange for a 40% stake in the French healthcare software publisher in 2018
Naxicap to exit ECF in SBO to PAI
Hospitality and care equipment producer marks fifth deal from PAI’s eighth flagship fund
Astorg cuts flagship fundraising target with EUR 4bn raised
French GP initially expected to raise around EUR 6.5bn for eighth flagship fund, Unquote previously reported
European LPs bullish on 2024 PE fund vintages – Coller Capital
LPs remain positive on PE but are considering increasing infra and private credit allocations, latest survey shows
From slash-and-burn to grow-and-earn: private equity changes tack
Rising cost of capital means value-creation will be vital for next decade of private equity, SuperReturn participants said
Investec acquires majority interest in corporate finance firm Capitalmind
Transaction will see the advisory firms fully integrating their M&A and corporate finance teams
Archimed closes MED II on EUR 3.5bn
Healthcare-focused GP took 17 months to raise its second mid-cap fund, which has already deployed almost EUR 1bn
Adams Street secures USD 3.2bn for newest secondaries programme amid LP stakes dealflow uptick
Private markets investor has seen LP stakes increase as a proportion of its deployment over the past year, partner Jeff Akers said
Qualium raises more than EUR 500m for third fund against tough fundraising backdrop
French mid-cap GP began marketing the fund in summer 2021; it has deployed EUR 220m to date
The Bolt-Ons Digest - 26 May 2023
Unquoteтs selection of the latest add-ons with H&F's TeamSystem, Nordic Capital's Regnology, 3'i's Dutch Bakery and more
Q1 Barometer: Signs of a brighter future after dark times for European PE
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
ESI Group draws EQT, Hg, Thoma Bravo interest
Listed French industrial software maker has drawn wide interest from sponsors and strategic players
Bregal Milestone closes second tech fund on EUR 770m
European technology investor has around 60% dry powder remaining to deploy in its latest fund