Southern Europe
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
NB Aurora buys 30% stake in Veneta Cucine
Investor plans to boost Veneta Cucine's growth, consolidate its market position and further bolster its expansion
Xenon closes small-cap fund on €85m
Xenon Small Cap Fund is dedicated to investments in Italian companies generating EBITDA of up to €3m
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers
Seco floats in €397m IPO
Sellers include FII, which owns a stake in Seco via its Fitec fund, and the company's founders
Hg sells EidosMedia to Capza
Sale ends a six-year holding period for Hg, which acquired a majority stake in Eidosmedia firms Wise and Aksia
GP Profile: Quadrivio plots busy investment schedule for 2021
Quadrivio co-founding partner and CEO Walter Ricciotti discusses the firm's latest fundraises, portfolio performance and upcoming investment pipeline
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Fundraising fortunes: prevailing LP preferences persist
Alessia Argentieri looks at the winning strategies, and gathers insight from placement specialists as to what the rest of 2021 has in store
Meridia exits food ingredients producer Sosa
This is the second exit inked by the GP's debut fund, Meridia Private Equity I, following the sale of KIpenzi
Tikehau's SPAC Pegasus raises €500m
Tikehau, FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of тЌ165m
Greyhound leads $160m series-D for TravelPerk
This injection, which includes both equity and debt, brings the total capital raised by TravelPerk to date to $294m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its тЌ6.5bn predecessor
Corpfin sells Secna to EQT's Chr Hansen
Sale ends a six-year holding period for Corpfin, which bought a 51% stake in the company via its €255m fund IV
Capza closes fifth debt fund on €1.6bn, prepares new launch
Fund invests in SMEs with EBITDA of more than €12m, providing unitranche and mezzanine
Bain sells Fedrigoni's security business to Epiris's Portals
Sale comprises Fedrigoni's facilities specialised in the production of security paper for banknotes and documents
Arcline buys PTS from Columbus
Arcline intends to boost PTS's growth through the expansion of its production and its technology portfolio
Metrika buys machinery business Robor
This is the second deal made by Metrika I fund, which targets Italian companies generating revenues of €20-100m
Capza exits Ivnosys to PSG-backed Signaturit
Sale ends a two-year holding period for Capza, which acquired a 40% stake in the business via Capzanine 4 Flex Equity
Alantra appoints two new operating partners
In their new roles, they will support the investment team in the management of Alantra's portfolio companies
Alto-backed CEI buys Lema
Combined group expects to reach revenues of €85m in 2021, with a 20% EBITDA margin
Clessidra's Botter bolts on Mondodelvino
Combined group expects to reach revenues of €350m in 2020 and further expand its market share
MBO exits public relations specialist LLYC
Sale ends a six-year holding period for MBO, which invested €6.35m in the business in exchange for a minority stake
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"