France
TowerBrook buys crane rental firm Uperio from LFPI
Deal will help the company aim for expansion internationally, as well as into other sectors
Cerea Mezzanine IV holds €215m first close
Fund invests in small- and mid-cap companies operating across the food and beverage value chain
Heritage funds: Large-cap players explore mid-cap opportunities
With Astorg on the road, and Triton and PAI having closed smaller funds this year, Unquote looks at what is driving the trend
Ambienta hires four
Demeunynck and Héron join Ambienta's Paris office, while Leu and Balz join its Munich office
CapVest gears up for launch of CapVest V
GP backs mid-market companies in essential goods and services; it sold Valeo Foods to Bain for тЌ1.7bn in May 2021
Sagard, Isai back MBO of software firm Invoke
MBO is led by Invoke managing director Raphael de Talhouet and several employees of the company
KKR backs Silver Lake's Cegid in €5.5bn deal
Silver Lake remains the majority shareholder in the company, alongside AltaOne
Rothschild closes second Five Arrows multi-strategy PE fund on €366m
Fund targets fund investments, late primaries, secondaries directs and direct co-investments
Unquote Private Equity Podcast: First-time fortunes
Vincent Van den Brink and Greg Kok from fund administrator JTC discuss how recent months have affected the fortunes of first-time funds
TA Associates closes TA XIV fund on $12.5bn
Firm also closes its second-generation re-investment fund, TA Select Opportunities Fund II, on $1.5bn
Pandemic success boosts appeal of "misunderstood" gaming sector
PE and VC interest for the sector has picked up in the past few years after a lull, and the pandemic could turn some of these bets into winners
KKR gears up for sixth European fund
GP's predecessor vehicle closed in 2019 on €5.6bn and was 41% deployed as of December 2020
GP Profile: OpenGate pushes ahead with intensive buy-and-build plans
Carve-out specialist is eyeing a number of bolt-ons for assets including Fichet and Jøtul, and plans to launch a new fund soon
Riello launches €80m agri-food venture fund
Linfa Ventures will be dedicated to late-stage and growth capital investments across the agri-food sector
Multiples Heatmap: hectic Q1 further fuels valuation hike
Deal multiples saw four consecutive quarterly increases to reach 11.5x in the first quarter of 2021
Ysios Capital closes third fund on €216m
Fund provides private equity financing to early- and mid-stage life sciences companies
SoftBank leads $500m series-E round for Contentsquare
Latest funding brings Contentsquare's total funding to date to $810m and values it at $2.8bn
PAI Partners backs Apave
GP is investing alongside Gapave, which will remain the largest shareholder in the company
Bain Capital Ventures Fund 2021 raises $1.3bn
Fund intends to focus on digital commerce, fintech, digital healthcare and cloud infrastructure
Omnes closes Capenergie 4 on €660m
Fund exceeds its €500m target and initial €600m hard-cap, having launched in late 2019
Advent exits Circet to ICG
Sale ends a three-year holding period for Advent, which bought the company from CM-CIC Investissement
Merieux Participations 4 holds €300m first close
MP4 provides equity tickets of тЌ20-80m, with a sweet spot of тЌ40-45m, targeting the health and nutrition sector
Cinven sells Chryso to Saint-Gobain for €1bn
Sale ends a four-year holding period for Cinven, which acquired the company from LBO France via Cinven VI
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching тЌ12.7bn