Southern Europe
Mandarin holds €173m interim close for third fund
MCP III has a €250m target and invests in export-orientated companies with EVs of €30-70m
DeA Capital exits Cartiere Pigna to trade
Sale ends a two-year holding period for the GP, which bought a stake in the company via Idea CCR I fund
Portobello Capital carves out BT's Spanish business
Deal includes the Spanish ICT services and the local network infrastructure managed by BT
Clessidra appoints L Catterton's Ottaviano as head of PE
Prior to joining Clessidra, Ottaviano worked at Mediobanca, Merrill Lynch and L Catterton Europe
Unigrains's FAI holds €55m final close
Fund is the first Italian vehicle launched by the French GP and is dedicated to the agri-food sector
Santander's Tresmares launches €175m private equity fund
Tresmares Capital will also manage a €900m private debt fund to finance the expansion of Spanish SMEs
2020 Preview: Evolve and adapt
PAI's Richard Howell, Livingbridge's Susie Stanford and more discuss PE developments throughout 2019 and expectations for the year ahead
Riverside carves out HealthTech BioActives from Ferrer
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
Ergon Capital buys Palex Medical from Corpfin
GP deploys capital from Ergon Capital Partners IV fund, which closed on €580m in March 2019
One Equity Partners backs Nexion
GP intends to accelerate the company's organic growth and further boost its international expansion
Xenon acquires Koverlux from B4 Investimenti
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea
Made in Italy Fund holds €150m interim close
Fund is managed by Italian GP Quadrivio in partnership with Pambianco Strategie d'Impresa
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia
Minority investing gains traction in southern Europe
Abundance of dry powder and expected downturn have pushed GPs towards experimenting with more diversified ways of deploying capital
Suma holds €65m first close for second growth fund
Fund invests in Spanish companies with high-growth potential and generating EBITDA of at least €2m
TA-backed List acquires IT Software
List plans to broaden its product portfolio, boost its market position and expand internationally
Chequers Capital buys air conditioning specialist MTA
Management team reinvests alongside the GP and retains a minority stake in the business
Private wealth to increase allocation to private equity
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Siparex-backed Plurima carves out Log-Os from Zanardo
Following the deal, Plurima's CEO, Luca Marconi, will be appointed as CEO and chair of Log-Os
Palladio acquires tanks manufacturer Santi
In additon to the equity deployed by Palladio, a debt package was provided by Intesa Sanpaolo
Alantra's Unión Martín buys Mauritanian fishing company SMPI
Following this bolt-on, Alantra intends to further support Unión Martín's international expansion plan
Asabys leads €20m round for Anaconda Biomed
Previous backers Ysios Capital, Sabadell Venture Capital, Innogest and Omega Funds also take part
Green Arrow buys Poplast from EOS
Green Arrow invests via its third fund, which held a final close on €230.6m in September 2018
CDP, Assofondipensione to launch €1bn fund-of-funds
In addition to a commitment from CDP, the vehicle expects to raise €500m from six Italian pension funds