Southern Europe
Ufenau VII closes on EUR 1bn hard-cap
Switzerland-based buy-and-build specialist plans to make 13-15 platform deals from the fund
Investcorp exits Agromillora to Edify
GP invested EUR 30m in growth initiatives since entry in 2016; founders of the Spanish plant propagation services group are reinvesting
Ardian readies Dedalus for controlling stake sale
Morgan Stanley and UBS are preparing an auction for the Italy-based hospital software group
Turning to powder: European take-privates take pause
Public to private transactions are off to a slow start this year but lower prices on stock markets could encourage dealmaking again
The Bolt-ons Digest – 18 March 2022
KKRтS Biosynth Carbosynth, Agilitasт Cibicom, Apaxтs Graitec, Cairngorm's Verso, Altor's Trioworld, and more
BEX Capital raises USD 765m for Fund IV
Secondaries fund-of-funds remains open for no-fee, no-carry investments from NGOs and non-profits
Dawn Capital eyes two new funds
Software-focused VC makes early-stage deals; its Opportunities funds back its later-stage portfolio
ESG from 'nice to have' to prerequisite for almost all LPs – survey
Adams Street Partnersт 2022 Global Investor Survey gauged LPsт views of 118 LPs globally
Permira's Golden Goose in talks with banks over potential New York IPO
Italian high-end sneakers maker started discussing listing with advisers that helped it with a senior secured bond issuance last year
Corsair exits RGI to CVC
Financial services-focused sponsor Corsair acquired the insurance software firm from Ardian in 2018
Design Holding aims for pre-summer Milan IPO
Owners Carlyle and Investindustrial have appointed advisers for potential listing of the Italian furniture and lighting group
Sponsors kick off 2022 with buyout volume down 13% year-on-year
Energy costs, inflation and war in Ukraine cloud deal activity but value holds up with average deal size on the rise
GED completes Vitro exit in single asset vehicle deal
GP reaps gross return of 4.0x invested capital and 38% IRR; deal follows sale of Vitro subsidiary to trade in January
FSI exits minority stake in Adler
The private equity firm has sold its 28% stake back to the founding family
ArchiMed circulates teasers for Bomi auction
Healthcare-focused logistics company is being marketed off EUR 40m EBITDA
NB Renaissance explores options for Novamont
Sale of Italian bioplastics company could launch in H2 2022
Ysios Capital hires Thomas Harth from Gimv
Spanish life sciences VC closed its third life sciences fund in May last year
GP Profile: BC Partners looks to steady deployment ahead of next fundraise
Head of IR Alexis Maskell details the GP's plans to lay strong foundations for when it next hits the road, possibly in H2 2023
Investcorp acquires cybersecurity company HWG
Founders of the Italy-based business will have a substantial minority stake alongside the GP
Partners Group set for second PG Life fund
PG Life II is expected to follow the global impact investing strategy of its predecessor
Bravo Capital Partners II holds first close on EUR 90m
With a EUR 110m target, the Italy-focused fund is expected to close in the first half of the year
PSG eyes second European fund
PSG Europe II has a EUR 2.5bn target; its predecessor closed on its EUR 1.25bn hard-cap in 2021
Alantra poaches Carlo Dawan from GCA Altium
While Stefano Bellavita has been promoted to head of ECM
Gilde Buy Out rebrands as Rivean Capital
GP plans to pursue its existing investment strategy, targeting EUR 100m-500m EV European companies