Southern Europe
GP Profile: Sherpa Capital
Spanish GP Sherpa Capital has recently held a final close on €120m for its new fund Sherpa Special Situations III
Equita Private Debt II holds €100m first close
Fund invests in senior unitranche and subordinated bonds in sponsor-led transactions
Sagard NewGen holds first close for €300m first fund
Fund invests in majority and minority stakes of European companies with revenues of up to €150m
HIG European Capital Partners III sets target on €1bn
GP is also fundraising for HIG Europe Middle Market LBO Fund, which has a target of тЌ2bn
HIG buys cybersecurity specialist DGS
GP deploys capital from HIG European Capital Partners II (HECP II), which closed on €825m
Bridgepoint sells Miya to Afin Infrastructure
Antin intends to support the company in finding new growth opportunities in water concessions
EQT buys Idealista from Apax for €1.3bn
EQT acquires a majority stake, while the management team led by CEO Jesús Encinar retains a minority
Columbus Venture invests in €7.4m round for Algenex
Columbus deploys capital from Columbus Life Science Fund II, which targets early-stage biotech startups
Bridgepoint Development Capital IV hits £1.5bn hard-cap
Fund exceeds its ТЃ1bn target after around eight months on the road, Unquote understands
Ambienta opens Paris office, hires two new partners
Gwenaelle Le Ho Daguzan is appointed as partner in France and Hans Haderer in Germany
Abac buys five petcare companies
GP acquires the companies via Abac Solutions, which closed on €320m in May 2016
FIEE holds €127.5m first close for second fund
Fund targets the energy efficiency, renewables, lighting, co-generation, pollution control and smart city sectors
Nexxus Iberia buys STM
GP invests in the company via Nexxus Iberia Private Equity Fund I, which closed on €170m in February 2020
Gradiente buys Arcansas
GP invests in the company via Gradiente II, which held a final close on its €135m hard-cap in 2019
Mandarin Capital buys Sidam
GP intends to create a platform for new acquisitions across the biomedical sector in Italy
Muzinich Pan-European Private Debt II holds €210m first close
Fund provides capital to lower-mid-market companies to fuel their growth and finance their expansion strategy
Abac Capital backs Iberfrasa
GP invests via Abac Solutions, which closed on €320m in 2016 and is almost fully deployed across nine companies
Unquote Private Equity Podcast: H2 Preview
The Unquote Podcast gathers the whole team this week to go over H1 statistics, look at early recovery signs and share insights from across Europe
Claris Biotech I holds €30m first closing
Fund targets early-stage rounds across the biopharmaceutical industry, focusing on oncology, immunology and rare diseases
Multiples Heatmap: pricing ticks up as GPs flock to safe assets
Although dealflow was severely impacted by Covid-19 in Q2, average entry multiples actually went up given the scarcity of attractive opportunities
Nexxus Iberia backs Mercurius Health
GP invests via Nexxus Iberia Private Equity Fund I, which held a final close on €170m in February 2020
Investindustrial buys machinery producer Della Toffola
GP acquires a stake of 73.5%, while Vittorio, Francesco and Luciano Della Toffola retain the remainder
Inflexion buys minority stake in Auxadi
Inflexion intends to boost Auxadi's growth via additional acquisitions and geographic expansion
Apax, Fortress, Three Hills to bid for Serie A - report
Bidders join other PE firms that have shown interest in Serie A, including CVC, Bain and Advent