France
Multiples Heatmap: average pricing hits 11x in busy Q4
Healthcare, financial services and TMT assets continue to drive valuations up, while Nordic and UK regions see highest multiples
Skylake Capital holds first close, makes first deal
Debut fund leads a $3m round in UK-based deep-learning startup Mindtrace
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
HQ Capital registers HQ Capital IV GP
Luxembourg-domiciled legal structure will allow HQ Capital to launch its next funds in 2021 and 2022
Montefiore invests in restaurant group ETLB
GP is currently investing via Montefiore Investment V, which held a final close on €850m in 2020
IK, Luxempart invest in Eurazeo's IM Global Partner
Eurazeo will remain the controlling shareholder in the business and continue to actively support the company
Advent Life Sciences raises $215m across two new funds
Funds invest in early- and mid-stage life sciences companies developing new therapeutics and technologies
Secondary pricing flies high for infra funds; venture sees big jump
Across all strategies, highest prices are paid for 2016-2018 vintages, Setter Capital research shows
Five Seasons launches second fund
VC targets the European food technology industry, primarily investing in series-A and -B rounds
Marlin backs e-commerce specialist Lengow
With Marlin's support, the company plans to further develop its technology and boost its international expansion
Tikehau launches SPAC to invest in financial services sector
Tikehau sponsors the vehicle in partnership with FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi
PE-backed Asmodee bolts-on Board Game Arena
Since being acquired by PAI Partners, company has completed seven add-on acquisitions
Latour to acquire 33% stake in Charterhouse's Funecap – report
GP reportedly placed the funeral service provider up for sale in 2020, advised by DC Advisory
LocalGlobe et al. invest in €20m series-A for Libeo
Company plans to use the fresh capital to further develop its B2B payment service and scale up its team
Eurazeo Smart City II Venture holds €80m first close
Fund invests in energy, transport, property technology and logistics startups worldwide
BlackFin announces equity partner promotions
Kai Franzmeyer heads BlackFin's DACH region activities, while Julien Creuzé heads its fintech funds
TA Associates to invest in French company DL Software
Software developer has realised an average annual growth rate of more than 10% since its founding
Apax to acquire BTP Consultants
Apax invests in mid-market businesses across the TMT, consumer goods, healthcare and financial services sectors
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Capital Croissance backs Idealwine
Founders Cyrille Jomand, Angélique de Lencquesaing and Lionel Cuenca retain a majority stake in the company
Andera sells Skill & You to IK
IK is investing in the company via its IK IX fund, which targets mid-market businesses across Europe
Eurazeo receives €340m in commitments for growth continuation fund
Investors commit to a newly created continuation fund that will acquire a 32% stake in Eurazeo Growth
Abingworth Bioventures 8 closes on $465m
ABV 8 targets companies developing innovative therapeutics, with investments across the US, UK and continental Europe
Azulis backs business training specialist Orsys
Azulis is currently investing its sixth fund, Middle Market Fund 6, which recently held a first close on €200m