Southern Europe
Clessidra launches fourth buyout fund
Fund will acquire majority stakes in profitable companies with high-growth potential
Knight Capital leads €10m series-B for Smart Protection
Swanlaab Venture Factory and CDTI also take part in the round, alongside previous backers including Nauta Capital
Covid-19, oversubscribed funds fuel interest in early secondaries
Early secondaries are tipped to become more plentiful in the coming months, but market observers urge caution to mitigate potential pitfalls
Consilium launches €100m fourth fund
Fund targets Italian mid-market companies and provides equity tickets in the €15-20m range
Bregal leads $53m series-C for Paack
Previous investors Unbound, RPS Ventures, Rider Global and Fuse Ventures also take part in the round
Eurazeo exits Iberchem in €820m deal
Sale generates a cash-on-cash multiple of 2.1x and a 25% IRR for Eurazeo Capital
Mutares exits Nexive in €60m deal
Mutares and Dutch mail company Postnl sell the entire share capital of Nexive to Poste Italiane
Aksia buys Nappi
This is the fourth acquisition made by Aksia Capital V, following its investments in Primo, Valpizza and Vomm
KKR backs CMC Machinery
GP invests in the company via KKR Global Impact Fund, which held a final close on $1.3bn in February 2020
Faber launches €30m second tech fund
Fund is dedicated to early-stage rounds, with a focus on data science, artificial intelligence and machine learning
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Speedinvest holds first close for Speedinvest x Fund 2
VC also announced the appointment of Tier Mobilty co-founder Julian Blessin as partner
Quadrivio acquires fashion brand GCDS
GP deploys capital from Made in Italy Fund, which targets companies across the fashion, design and food industries
Capvis buys Arag
GP invests in the company via Capvis Equity V, which held a final close on €1.2bn in September 2018
MCH sells Lenitudes, invests in Atrys
Sale ends a six-year holding period for MCH, which acquired a 66.5% stake in Lenitudes via its third fund
Portobello Capital raises €350m secondaries fund
Fund is dedicated to promoting the growth of Angulas Aguinaga and Industrias Alimentarias de Navarra
DeA Capital buys Gastronomica Roscio
This is the first deal inked by the GP via Taste of Italy 2, which recently held a final close on €330m
Värde Dislocation Fund closes on $1.6bn
Fund has a global mandate to pursue a mispriced, stressed and distressed credit
Private equity ramps up divestment efforts
Exit activity jumped by 50% in October, back to pre-pandemic levels, according to Unquote Data
PAI acquires Angulas Aguinaga from Portobello
PAI invests in the company via its PAI Mid-Market Fund, which recently held a €500m first close
All Iron Ventures I closes on €66.5m
Fund invests in innovative B2C companies, primarily marketplaces, e-commerce specialists and SaaS startups
Taste of Italy 2 closes on €330m
Taste of Italy 2 will invest in companies specialised in the food and beverage sector, across its entire value chain
Buyout rankings: who has invested most across Europe since April?
EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil
Archeide launches €50m VC fund
Fund will target Italian startups developing innovative products and applications