Southern Europe
BIP management presentations ongoing, with strong PE interest
Apax acquired a 60% stake in the business from private equity firm Argos Wityu in early 2018
Aksia buys Medical International Research
GP invests in the company via Aksia Capital V, which targets European businesses with potential for high-growth
Investindustrial launches takeover for Guala
Minority shareholders GCL Holding and Peninsula Capital might try to block the takeover
Vallis sells Imperial to trade
Sale ends a six-year investment period for Vallis, which invested in the business via Vallis Sustainable Investments I
Quadrivio buys Dondup from L Catterton
GP backs the company via Made in Italy Fund, which invests in Italian businesses operating in the fashion, design and food industries
Capital Dynamics Global Secondaries V closes on $786m
Fund invests in a diversified portfolio of global secondaries interests in mid-market private equity funds
Aldea Ventures holds €60m first closing
Fund follows a hybrid strategy, investing both in small VC vehicles and technology startups
European fund launches off to slow start in 2021
Number of PE funds launched by European managers in Q1 this year is significantly down on the volume recorded for the same period in 2020
Miura backs dental specialist Proclinic
GP plans to boost the company's growth in Spain and bolster its international expansion, primarily in Italy and France
Lexington Co-Investment Partners V closes on $3.2bn
Fund focuses on co-investments alongside private equity sponsors, primarily in US and European companies
Riverside Europe VI closes on €465m
REF VI invests in European companies with high-growth potential, generating EBITDA of тЌ5-30m
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Capza Growth Tech Fund eyes €250-300m target
Fund invests in tech companies across continental Europe, with the aim of boosting their expansion
Target Global heads for Growth II final close
Fund will make series-B and -C investments; it has a target of тЌ400m and a hard-cap of тЌ600m
ICG buys stake in Alvinesa from Artá
With the GP's support, the business plans to further boost its growth and international expansion
Commonfund Venture Partners XIII closes on $625m
CVP XIII plans to deploy the majority of its capital in established early-stage global venture capital funds
NB Renaissance Partners III raises €950m, close to hit target
Fund acquires majority stakes in companies operating across a wide range of sectors, primarily based in Italy
Italy Fundraising Pipeline - Q1 2021
Unquote compiles a round up of the most notable fundraises ongoing across the Italian market, including Clessidra, Quadrivio, Mandarin, and more
Equita Private Debt II holds second close on €131.5m
Fund provides debt financing in small to medium-sized buyout transactions led by private equity sponsors
Magnum exits Ita Mental Health to Korian
Sale ends a four-year holding period for the GP, which invested in the company via Magnum Capital II
Apax buys Lutech from One Equity
Sale ends a four-year holding period for One Equity, which acquired a majority stake in Lutech via One Equity Partners VI
Magnum buys law school Isde
Deal is made via Digital Talent, established by Magnum to build an aggregation platform in the education sector
PAI Mid-Market Fund closes on €920m
Fund invests in European mid-market companies across France, Germany, the Benelux region and southern Europe
Unquote Private Equity Podcast: the price is right?
Following the publication of the Q4 2020 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends