France
Buyout rankings: who invested the most in Europe in Q1 2021?
Unquote tallies the top 10 most active GPs across the European buyout space in the first quarter
Alpha to sell Cyrillus to Alandia, MGA
Cyrillus is part of the Cyrillus-Vertbaudet group, but this sale only seems to include the Cyrillus business
SBOs, mega-deals fuel strong Q1 for French buyouts
While the sharp quarter-on-quarter rebound of late 2020 was not replicated, the French market remained buoyant in Q1
BlackRock, Temasek launch decarbonisation fund platform
Decarbonization Partners has a fundraising target of $1bn for its first fund, including capital from Temasek and BlackRock
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
PE players seek opportunities in minority deals, differentiated strategies
Minority investments, co-investments and other creative deals made via differentiated strategies could become even more relevant post-pandemic
Capza hires France Invest's Gaillard as partner
In his new role, Gaillard focuses on the structuring and international development of Capza's platforms
Q&A: Debevoise's Bet-Mansour and Scoville on Spacs' relevance for PE
The partners share their thoughts on why Spacs are so attractive, what sponsors should be wary of, and whether they expect a similar uptake in Europe
Ardian Buyout VII closes on €7.5bn
Fund invests in high-growth potential businesses with enterprise values of тЌ300m-2bn
Quadrivio launches €400m Silver Economy Fund
Fund targets European and North American companies, which specialise in products and services for people over 50
Activa sells Alliance Etiquettes to Chequers
Activa reinvests in the business in exchange for a minority stake, via its ACF IV fund
Equistone exits Charles & Alice
Management team becomes the controlling shareholder in the business, while Crédit Mutuel retains a minority stake
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
GP Profile: Capza
Unquote discusses the firm's latest launches, and its outlook on the post-pandemic landscape, with founding partner Christophe Karvelis Senn
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
Silverfleet backs software provider OneStock
GP invests in the company via European Development Fund, which held a €200m final close in 2019
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
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
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
EQT in exclusivity to acquire Cerba from Partners Group
Medical diagnostics business has previously been backed by sponsors including Astorg, IK and PAI
L Catterton gears up for fifth European fund
Vehicle makes majority investments in companies operating across the consumer industry in Europe