Southern Europe
PE firms study rivals' IPOs as they consider options
Recent slew of peer listings such as Bridgepoint and Petershill inspire key players as they mull options for their own businesses
MTIP holds USD 250m final close for second fund
Health technology firm has made five deals from the fund and expects to back 10 companies in total
Unquote Private Equity Podcast: To 12x and beyond
The Clearwater International Multiples Heatmap reveals that average entry multiples broke new records in Q3, on the back of a still-buoyant M&A market
Siparex admits Chequers, three others to next round for Plurima
Clessidra, Armonia, PAI and Ardian are no longer involved, sources say
Kinnevik leads USD 500m round for JobAndTalent
Series E, which also features SoftBank Vision Fund 2, gives the company a USD 2.35bn valuation
Average fund size reaches new heights amid stark market bifurcation
Average buyout fund close for 2021 stands at EUR 1.33bn, more than double the EUR 629m recorded in 2017
Searchlight invests in Celestyal Cruises
Searchlight is investing in the cruise operator via its Searchlight Opportunities Fund
21 Invest admits four to next round of Carton Pack sale
Sponsors still in the mix include White Bridge and Alvarez & Marsal Private Equity
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
TA Associates buys Ambienta's Nactarome
TA beat contender Apax, which came second in the auction for the Ambienta-backed company
Waterland opens Spanish office
GP has hired David Torralba as principal and head of Spain, plus Guillermo Galmés as senior advisor
Bain gears up for sixth European buyout fund
US-headquartered GP held a final close for its previous European fund in 2018 on EUR 4.35bn
ArchiMed buys Cardioline
Cardiology telemedicine platform is the first deal from the GP's EUR 650m MED III fund
Balderton raises USD 600m for eighth flagship fund
Fund will continue the VC's Series A-focused strategy, targeting European startups
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Bregal, Armira go head to head for IK Multimedia
Management, advised by GCA Altium, has selected offers of more than 10x EBITDA
Investindustrial invites six advisers to pitch for CEME auction
Sale of CEME, a manufacturer of fluid-control systems, is expected to start in the first quarter of 2022
PE funds rework packaging investments around ESG concerns
Can private equity's decades-long love affair with the packaging industry last?
General Atlantic flagship fund GA 2021 closes on USD 7.8bn
Sixth flagship growth equity fund is more than twice the size of its USD 3.3bn predecessor
Announced PE deals fall sharply in October
Could the market have finally reached full capacity following a record-breaking first half of 2021 for M&A?
Italcer draws attention from Apollo Global and Lone Star
Sale process is expected to be launched within the next two weeks as teasers are largely ready
Unquote Private Equity Podcast: Leisure sector cleared for take-off
Unquote looks back at how the sector has fared, and speaks with PAI partner GaУЋlle d'Engremont following the ECG deal
Massimo Zanetti aiming to find financial sponsor by year-end
BNP Paribas is set to collect preliminary offers for the Italian coffee company within the next two weeks
Carton Pack attracts Chequers, Clessidra, A&M Capital Europe
21 Invest has hired Vitale&Co and William Blair to guide it in the sale