Southern Europe
Q&A: The state of fundraising
Greg Gille talks to Antoine Dréan, founder, chairman & CEO of independent private equity placement agent Triago, about the current market.
PE law firms look east for expansion
Large numbers of law firms are beefing up their private equity teams both in Europe and Asia, with fund formation specialists and Mandarin speakers in particular demand. Susannah Birkwood reports
Joseph Mukungu joins Neuberger Berman
Neuberger Berman has appointed Joseph Mukungu as senior vice president, head of client services for Europe and the Middle East.
Ersel nabs Arbo from Quadrivio
Italian SME investor Gruppo Ersel has acquired an 80% stake in Accessori Ricambi Bonazzoli (ARBO) from fund manager Quadrivio in a secondary buyout.
Syndication woes spell trouble for German buyouts
At a time when many GPs have finished divesting their vintage portfolios and are looking for fresh investments, the German leverage market is experiencing difficulties with loan syndication, threatening future buyouts. Diana Petrowicz investigates
PE firms creating bidding wars over contingent forwards
Deal-contingent trades, which allow PE houses to hedge their FX risk, have seen a strong revival recently, creating stiff competition among banks.
Rumour roundup: Birds Eye, FCI, Orange and more
The summer period has been rife with rumours of major deals in the pipeline. unquote" gives a roundup of the headline-hitting deals expected in the coming months.
PE takes key role in financial services consolidation
With Cinven’s acquisition of Guardian Financial Services this week, we are once again reminded of the pressure facing financial services organisations and the opportunities this presents for private equity investors.
Moulton: Industry mergers to create fewer, larger players
A tumultuous few years as well as increased legislation will lead to the consolidation of the industry into a smaller number of larger buyout houses via mergers. Unquote’s Kimberly Romaine talks to Jon Moulton, Chairman of Better Capital.
Explorer in talks to acquire Inspecentro
Portuguese buyout house Explorer Investments is contemplating the acquisition of the entire share capital of motor vehicle inspection company Inspecentro.
Investindustrial pours water on Ducati sale speculation
Investindustrial has poured water on speculation that it is planning to float Italian motorcycle business Ducati in Hong Kong next year.
UK activity surges in July after slow start
Following a rather lacklustre start to 2011, the UK has seen a sudden spike in private equity investment activity this summer, and professionals will be hopeful this can continue through the rest of the year.
Intel Capital launches Ultrabook Fund
Intel Capital, the private equity arm of computing hardware provider Intel, has announced the launch of its Ultrabook Fund with a $300m target.
Fondo Italiano acquires 25% of TrueStar
Fondo Italiano has acquired a 25% stake in TrueStar Group, an Italian company that offers baggage wrapping services at airports.
Fondo Italiano invests €10m in Eco Eridania
Fondo Italiano d'Investimento, a public-private partnership which is backed by the Italian government, has subscribed €10m to the capital increase carried out by Eco Eridania.
Vista Capital looking to sell Indas
Vista Capital de Expansión are looking to divest sanitary pad maker Indas.
Landon invests €3.5m in Sercotel
Landon Investments, the venture capital arm of Grupo Corporativo Landon, has invested €3.5m in Spanish hotel chain Sercotel via a capital increase, thus upping its stake to 70%.
A third of deals in doubt from September
Recent changes to the Takeover Code would have impacted 32% of UK deals since 2005. But if properly considered, P2Ps will still be do-able. Kimberly Romaine reports.
VCs invest another $26m in Groupalia
Index Ventures, Caixa Capital Risc, Nauta Capital, General Atlantic and Insight Venture Partners have subscribed to a $26m capital increase carried out by Spanish discounts website Groupalia.
GCRPV backs Azcue with €1m
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has backed the Basque Country's Azcue y Cia with a €1m investment.
GCRPV leads €750,000 Goialde round
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has led a €750,000 funding round for Basque firm Goialde.
GCRPV leads €750,000 Goialde round
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has led a €750,000 funding round for Basque firm Goialde.
GCRPV injects €1.1m in GMTK
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has injected €1.125m into Basque company GMTK.
GCRPV invests €1m in Sagola
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has invested €1m in Basque business Sagola.