Southern Europe
Real Madrid confirms opposition to CVC investment in La Liga
CVC is to acquire a minority shareholding in the new venture for EUR 2.7bn
Bain-led consortium enters discussions for Rolls-Royce's ITP unit
Bain-led consortium that includes local player Sener is poised to take over ITP with a EUR 1.6bn bid
Secondaries activity rebounds to record USD 55bn in H1 – survey
Direct secondaries account for the majority of transactions for the first time ever, says Setter Capital
CVC to secure 10% La Liga stake for EUR 2.7bn
Sale still requires approval from the league's executive committee and clubs
PAI acquires Scrigno from Clessidra
Deal is the fourth inked by PAI's new Mid-Market Fund, closed on EUR 920m in March
Houlihan Lokey to buy GCA
GCA Altium and GCAтs US business will operate under the Houlihan Lokey brand
Bregal Milestone to launch second fund
European growth technology investor held a final close for its debut vehicle in 2018 on EUR 400m
Alto Partners exits Ro Mar in trade sale
Alto Capital III fund secured a majority stake in the food products manufacturer in 2017
Cinven buys Restaurant Brands Iberia in EUR 1bn-plus deal
RB is the master franchisee for the Burger King brand in Iberia
Mandarin Capital mandates advisers for Italcer sale
Sale will kick off later in the year, targeting both private equity firms and industry players
Mega-rounds fuel record H1 for venture and growth
Largest rounds inked in the first six months of 2021 read like a veritable Who's Who of European fintech heavyweights
Tikehau holds EUR 617m final close for European Special Opportunities II
Fund surpassed its EUR 500m target and is more than 50% deployed, with a 68% re-up rate
IGI to assess strategic options for Nuovaplast
Manufacturer of PET preforms Nuovaplast attracted unsolicited approaches by European industry players
Eurazeo Growth III holds final close on EUR 1.6bn
Vehicle surpassed its EUR 1bn target and will provide initial equity tickets of EUR 25m-100m
PE buy-side appetite further boosts exit options for sponsors
Secondary buyouts accounted for nearly a third of all PE exits in the first half of 2021, compared with typical levels of 20-25%
Unigestion launches second emerging-manager fund
Vehicle has a target of EUR 300m and will back first- and second-generation buyout and growth funds
De Cecco attracts interest from ProA Capital, denies talks
Private equity firm is keen on acquiring a minority interest in the pasta maker, sources say
VC Profile: DN Capital set to deploy in buoyant European VC market
Managing partner and co-founder Nenad Marovac discusses the firm's deployment plans and its view of the European VC market
GHO holds EUR 2bn final close for third fund
Fund close follows a fully virtual fundraise that saw the GP surpass its EUR 1.25bn target
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
Panakès Partners holds EUR 150m first close for second fund
Vehicle's target has been extended to EUR 180m and the fund will focus on medtech and biotech deals
Keensight exits Asti Mobile Robotics to trade
GP bought a stake in the autonomous mobile robots developer in 2019 via its 2014-vintage fourth fund
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
Investindustrial's Lifebrain nears sale to Cerba HealthCare
Parties are in final-stage talks, with signing set to take place in the next couple of days