Southern Europe
Mandarin Capital acquires ABC Morini
GP deploys capital for the acquisition from Mandarin Capital III, which has raised €175m so far
Video: OTPP's Topley discusses liquidity squeeze, GP discipline
Joe Topley, head of European funds at Ontario Teachers' Pension Plan, shares his LP perspective on the current state of the private equity market
Tikehau hires three in Milan office
Paglia and Girelli join the Italian private equity division, while Pedergnani focuses on fundraising
Miura promotes two
Jordi Alegre and Fernando Clúa have led several investments in Spain and international consolidation projects
Unigestion gears up to invest in small and mid-market PE
Unigestion partners expect investment opportunities to emerge in the small-cap market
Unquote Private Equity Podcast: Belt & braces
Rowan Bamford and Gareth Rees from Liberty GTS examine the impact of Covid-19 on W&I insurance, and share their take on where the M&A market is headed
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Travel sector assets: Seeking solutions to long-lasting woes
Unquote explores the challenges ahead, how PE-backed companies are adapting their business models, and how they can bounce back
Graybella Capital pushes back first close for new fund to Q3
VC is using an SPV to still invest in companies and plans to merge it with the fund later
LBO France's Gioconda backs Demas
GP invests via its Small Caps Opportunities fund, which held a final close on €104m in November 2018
Blue Horizon invests in Moira-backed Cubiq Foods
VC firm invests in startups developing a more sustainable food system through innovation and technology
360 Capital holds €90m first close for fifth fund
Fund targets series-A and -B rounds in European startups and deploys tickets in the €2-10m range
Cathay Capital raises €500m for Innovation II fund
Fund targets startups operating in a wide variety of sectors, with a focus on artificial intelligence
Cathay Capital closes Midcap II on €800m
Fund targets companies based in Europe, Asia and North America with high-growth potential and expansion plans
Centerbridge-backed Farmafactoring buys PE-owned Depobank
Depobank will be merged into BFF and the GPs will own a stake of 7.6% in the combined entity
Acquisition prices for SMEs decline in Q1 2020 – research
Prices paid to acquire SMEs declined significantly to 9.3x EBITDA in the first quarter of 2020
Ambienta's Nactarome buys Create Flavours
Nactarome expects to expand the group's presence to the UK market and enlarge its product offering
DeA Capital backs Ingino with €8.5m investment
GP invests in the company via Idea Agro, which targets companies operating in the agricultural industry
Alto Partners buys Costruzione Emiliana Ingranaggi
GP invests via Alto Capital IV, which held a final close on its €210m hard-cap in 2018
Q1 Barometer: Year of sustained growth finally halted in Q1
The European private equity market cooled in Q1, even before the Covid-19 crisis took hold, after an especially active Q4 2019
Ara Partners closes debut fund on $400m
Fund makes buyout and growth capital investments in companies based across North America and Europe
E-scooter startups feel brunt of lockdowns but anticipate future upside
The coronavirus lockdown in Europe has put a brake on the transport sector - should e-scooter startups and their investors be worried?
Xenon-backed Panapesca bolts on Il Faro Quality Fish
With the GP's support, the group expects to increase its turnover and further expand internationally
Sofinnova invests €1.65m in PinCell
GP deploys capital from Sofinnova Telethon Fund, which recently held a final close on €108m