France
Eurazeo to ramp up divestments over next 24 months
Firm also expects fundraising to exceed the previous record of €2.9bn set in 2020
OpenGate heads for third fund launch targeting up to $700m
GP is currently investing its second fund, which held a final close on $585m in November 2019
Neuberger Berman launches ELTIF
Fund focuses on buyout opportunities blended with some growth and structured equity
Q1 Barometer: Total European deal value reaches new decade high
The latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments, is now available to download
General Atlantic leads €276m round for €2.6bn-valued Back Market
Round sees participation from Generation Investment Management, Aglaé, Eurazeo, Goldman Sachs and Daphni
Top Tier Capital closes European fund on €260m
Fund makes primary and secondary investments in venture capital funds and co-investments in select portfolio companies
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Raise, IDI buy PE-backed Talis Education
Azulis Capital and Aquiti Gestion invested in the professional training provider in January 2020
Eurazeo launches PME IV Fund
Eurazeo's PME arm deploys equity tickets of €20-100m, focusing on French mid-market businesses with EV of €50-200m
Abénex backs medical imaging software provider EDL
GP plans to support the company in boosting its organic growth and accelerating its expansion through targeted add-ons
Bain's Parts Holding Europe files for IPO
PE-backed IPOs have been scarce in France in the past five years, according to Unquote Data
Eurazeo invests in I-Tracing in €165m deal, Keensight exits
Following the deal, Sagard NewGen invests as a minority shareholder in a holding company controlled by Eurazeo
Keensight sells LinkByNet to Accenture
Deal ends a five-year holding period for Keensight, which invested €50m in LinkByNet in exchange for a minority stake
UI Investissement, Geneo back clinic operator GBNA
UI and Geneo invest in the company via a capital increase, partnering with the Guichard family
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
Capza 5 Flex Equity Fund closes on €700m
Fund offers flexible financing that combines majority and minority equity, convertible bonds and mezzanine
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
Advent leads $220m series-D for Shift at $1bn valuation
Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital also take part in the round
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
Capza appoints Gauffre as head of sustainability and impact
In her new role, Gauffre oversees the structuring and development of Capza's ESG strategy and CSR policy
Andera Partners lines up DACH expansion plans
Starting with BioDiscovery 6, the GP intends to accelerate fundraising and deal-making in the region
Astorg buys Solina from Ardian
Sale ends a five-year holding period for Ardian, which acquired Solina from IK Investment Partners
Perwyn opens Paris office, eyes more investment on the continent
Firm has already made two investments in France: Isla Delice in 2018 and Keobiz in 2020
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers