Southern Europe
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
Metavallon exits Think Silicon to trade
Sale ends a two-year holding period for Metavallon, which invested in Think Silicon in July 2019
Ambienta raises $150m for absolute return fund
Ambienta X Alpha is managed by a team based in London, led by chief investment officer Fabio Pecce
Star Capital closes fourth fund on €140m
Fund targets Italian companies operating in a wide range of sectors and has a special focus on ESG
CDP commits additional €100m to FoF PE Italia
New commitment brings the total capital raised by the private equity fund-of-funds to €300m
Chimera Investments backs bike company Colnago
Colnago's founder, Ernesto Colnago, will retain a small minority stake in the business
Spanish GPs navigate tough fundraising, deal-making environment
Unquote rounds up notable funds delayed or postponed, and gathers dealflow updates from managers
Indaco Venture, Invesco invest €3m in Expert System
Company intends to use the fresh capital to further expand internationally, primarily across the US
Altamar holds first close for €750m secondaries fund
ACP 4 targets the growing market for GP-led secondary transactions
One third of GPs may suspend next fund marketing – survey
Investec's GP Trends survey reveals that 83% of GPs do not expect to make an exit in the next year
Tech, IT and software valuations remain stable – survey
Report from GCA Altium tracks the effect of the coronavirus crisis on listed technology companies
Armilar Venture, K Fund lead €1.8m round for Appentra
Previous backers Caixa Capital Risc, Xesgalicia and Unirisco also take part in the investment
FIEE launches €175m second fund
FIEE is an Italian private equity firm dedicated to the energy efficiency and renewable sectors
Bullnet Capital, Inveready invest €3m in Anyverse
Company intends to use the fresh capital to develop new features and consolidate its market position