France
Ergon in exclusive negotiations to acquire Telenco
GP plans to invest in the telecoms equipment producer via Ergon Capital Partners IV
PAI Partners appoints Boullier as managing director
In his new role, Boullier will lead IT and digital transformation across PAI and its portfolio companies
Consortium in €20m series-A round for Memo Bank
Company also announces it has been given the seal of approval to be a fully-fledged bank
Mediobanca, Russell Investments launch third private market fund
Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors
Index Ventures leads €70m series-C for Swile
Company will use the funding to expand internationally, starting with Brazil
Video: Cambridge Associates' Marcandalli on impact investing moving centre stage
In a new instalment of Unquote's Lockdown series, Annachiara Marcandalli explains why it is unlikely that coronavirus will sideline impact investing
Omnes announces eight appointments in Paris
French GP has made appointments across various divisions
Buy-and-building through the storm
Bolt-ons remain one way of deploying capital and building value, but a tough financing market and pricing mismatches make for a challenging landscape
3i-backed Evernex bolts on Vitruvian's Technogroup
3i deploys €47m in capital, while Vitruvian rolls over a significant investment in the combined group
From PE darling to hard-hit sector: gyms face uncertain post-covid future
As gyms and fitness clubs across Europe gear up to welcome back consumers, Unquote explores their tricky path out of lockdown
BlackRock and ApoBank launch healthcare fund
BlackRock-managed fund aims to give ApoBank's institutional clients access to healthcare investments
Idinvest completes secondaries deal for growth portfolio
Manager has transferred 12 companies into a new fund backed by secondary capital
HLD in exclusive negotiations to acquire TSG
Petrol station and fueling equipment provider was formerly owned by its management
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
Go Capital taken over by management
As part of this deal, Jerome Guéret is appointed as CEO and Bertrand Distinguin takes on the role of president
Meta Change Capital launches €100m fund
Fund is dedicated to investments in blockchain companies across Europe, Asia, the Middle East and Africa
Vast majority of LPs satisfied with GP transparency – survey
Coller Capital's PE Barometer also reported LP concerns about forward-looking EBITDA add-backs
Secondaries players weigh up risk and rewards of "ring-fencing" deals
GP-led transactions isolating assets hardest hit by the Covid-19 crisis could appeal to adventurous secondaries players, but challenges abound
Third of LPs put fund commitments on hold – survey
Brackendale Consulting survey also revealed that 62% would commit to a fund without a personal visit
Cerea to launch third buyout fund
Cerea also plans to launch its fourth mezzanine vehicle with a тЌ250-275m target next month
Iris leads $2.4m seed round for Monk
Fresh capital will be used to support Monk’s R&D programme and the recruitment of new team members
Highland backs €21m round for Alkemics
Existing investors including Cathay and Index also backed the brand and grocery partnership platform
Video: CPPIB's Delaney Brown on improved LP/GP relations
In the fourth of Unquote's Lockdown series, Delaney Brown, managing director of CPPIB, discusses improved GP/LP relations since lockdown began
EQT opens office in Paris
EQT partner Nicolas Brugère will take up the role of head of EQT France