Southern Europe
Mindful Capital hires adviser to sell Italian Frozen Food Holding
Vitale will guide the sponsor in an auction expected to launch between September and October
GP Profile: Ergon hones in on long-term trends, ESG agenda
The European mid-market sponsor is eyeing growing and resilient businesses with its EUR 800m Fund V
Nexxus Iberia nets 4.2x on Bienzobas exit to trade
Sale of oncology group marks GP's second exit from debut fund; buyer Atrys pays 8.5x EBITDA
Ardian's Dedalus sale postponed until September
Owners of Italian software group in “wait-and-see mode” as M&A faces challenging environment
Alto preps new vehicle as Fund IV deployment nears completion
Italian investor is preparing for new fund investing in Italian SMEs specialising in consumer, industrial, services and pharma sectors.
360 Capital holds EUR 45m first close on early stage tech fund
Square II will invest in pre-seed and seed rounds with a focus on French B2B software, consumer disruption, deeptech
Clearwater Multiples Heatmap: PE activity holds up amid war, inflation woes
Record levels of dry powder continue to bolster the resilience of the buyout market in Q1 2022
Unigestion launches third Direct fund with EUR 1bn target
Strategy invests in mid-market companies alongside the GP's investment partner network
GP Profile: Kyip Capital on debut fundraising, opportunities in Italian education
After interim close, Milan-based fund seeks up to EUR 165m by early 2023; eyes deals to grow data validation business and university platform
Alto Capital sells CEI Group to White Bridge
Vendor will reinvest with a minority stake in the automotive spare parts manufacturer via the same fund
LPs' net returns highest since financial crisis – Coller Capital
Secondaries specialistтs Summer 2022 Barometer shows that half of LPs want to increase their allocation to alternatives, with 91% still committing to PE first closes with incentives
Sun European acquires Tenax
The sponsor invested through its latest fund, Sun Capital Partners VIII, acquiring an 80% stake.
Aurica raises EUR 170m for fourth growth fund
Aurica Growth Fund IV will take minority stakes in companies with an EBITDA of around EUR 4m
Alcedo could launch Agrimaster sale in late 2022
Italian GP bought the agricultural machinery producer in 2017 via a EUR 30m SBO from B4 Investimenti
Gemba Private Equity heads for EUR 25m close for debut fund
Spanish GP is looking to attract further LPs interested in the local mid-cap space
Ufenau acquires EinzelNet in first deal with Fund VII
Management and founders will retain a 25% stake in the Spanish IT services group; bolt-ons planned under new owner
B4 Investimenti on track for new fund launch in late 2023
Italian GP plans to hit the road for Fund III after the end of its current vehicle’s investment period
Alcedo heads for June final close for Fund V
Italian GP has received EUR 230m in commitments to date for Fund V against a EUR 250m hard-cap
Ergon et al. sell Indo to PE-backed Rodenstock
Sherpa Capital and Oquendo Capital are also selling their stakes in the ophthalmic lenses producer
Portobello Structured Partnership holds EUR 250m final close
Vehicle is the GP's first dedicated fund for minority stakes in Southern European mid-market companies
Podcast: In conversation with... Mark Corbidge, Sun European Partners
Sun European Partners' Mark Corbidge tells Unquote about the GP's strategy and current market view
General Atlantic hires Inditex's Isla as global senior advisor
Growth equity firm intends to enhance its portfolio company support and broaden its global network
Andera Partners holds EUR 450m first close for Andera MidCap 5
Vehicle has a target of EUR 600m and is around 50% larger than its predecessor, Winch Capital 4
Bravo Invest reaps 3x, 4.5x MM apiece in Arbo and MTW exits
With sales of Italian portfolio companies to NB Renaissance and DBAG, respectively, Bravo’s debut fund has now conducted four exits