Southern Europe
Style and substance: The growth of private equity in Italy
Latest edition of Gatti Pavesi Bianchi's new series on the M&A and private equity markets explores why the Italian PE scene is hitting new heights
Alto sells La Suissa to trade
Alto sells Italian chocolate specialist La Suissa to Colussi after a three-year ownership
HIG Capital buys Metalprint
GP deploys capital from its fund HIG European Capital Partners II, which closed on on €825m
Arcadia exits Lisapharma to trade
Sale ends a four-year holding period for the GP, which acquired the company alongside Futurimpresa
Cronos acquires fashion accessories manufacturer Lampa
First deal made by Cronos, which targets majority stakes in Italian mid-market companies
Quadrivio Group buys restaurant operator Nabucco
First deal made by the GP via its Industry 4.0 fund, which held a first close on €100m
Sun Capital exits Famosa Toys to trade
Sale ends an 11-year holding period for the GP, which is selling the business to Giochi Preziosi
Investindustrial buys Farmaceutici Procemsa
GP deploys capital via its Investindustrial Growth fund, which closed on €375m in May 2018
Caixa Capital leads €55.2m series-D for Sanifit
New backers Columbus Venture Partners and Alta Life Sciences also take part in the investment
Sherpa's Hedonai buys clinic operator Ivalia
Company plans to increase its revenues and to double its network of clinics by 2021
CVC Credit holds $1.42bn final close for GSS II
Special situations fund had a target of $1bn and was closed after eight months on the road
Hamilton Lane announces final close for co-investment fund
Vehicle was registered as a Delaware LP in October 2017 and held a first close on $755m
Miura buys Spanish restaurant group Grupo Tragaluz
GP deploys capital from its Miura Fund III, which closed on its €330m hard-cap in January 2018
Oxy Capital buys Portuguese software specialist Saphety
GP deploys capital from its Fundo Oxy Capital II, which invests in profitable Portuguese companies
Invest Europe appoints Mid Europa's Baudon as chairperson
New chairperson takes over from DN Capital's Marovac and will serve a one-year term
GP Bullhound holds €113m final close for Fund IV
Vehicle will predominantly focus on later-stage rounds for European technology businesses
Capital Criativo exits Intelligent Sensing Anywhere
Sale ends an eight-year holding period for the GP, which owned an 83.4% stake in the company
Cobepa buys Italian plastic caps producer Enoplastic
GP intends to further strengthen the company's market position in Italy and internationally
Investindustrial buys Spanish stone surface producer Neolith
GP invests from its €2bn fund Investindustrial VI, which targets European mid-market companies
Management due diligence: getting under the bonnet
Almost half of PE investors believe external assessments are the most important method for evaluating a management team
Pillarstone-backed Sirti buys Wellcomm Engineering
Company CEO Nino Marsanasco retains a minority stake and continues to lead the business
Clessidra buys Italian interior lighting specialist L&S
GP invests from its Clessidra Capital Partners III fund, which closed on €607m in December 2016
Apax sells Electro Stocks to trade
Sale ends a 12-year holding period for Apax, which acquired the business in a €350m deal
Corpfin-backed Grupo 5 sells six nursing homes to Korian
Partial exit for Corpfin, which bought a 98% stake in Grupo 5 in 2017 via its fourth fund