Southern Europe
Alpha-backed Remazel buys Italian crane specialist Concrane
GP plans to consolidate Remazel's market position across Europe and further boost its expansion
Quantum-backed Gianetti Ruote carves out Fad Wheels from GKN
GP plans to strengthen Gianetti's position in the European steel wheel production market
Charterhouse exits cheese specialist Nuova Castelli to trade
Sale ends a five-year holding period for Charterhouse, which owned an 80% stake in the company
Carlyle buys Forgital in €1bn deal
GP deploys capital from its two funds, Carlyle Europe Partners V and Carlyle Partners VII
Italglobal Partners exits Easy Welfare in €53m deal
In addition to Italglobal stake, Edenred also buys the shares controlled by Injection Capital
One Equity-backed Lutech buys software provider Disc
Fourth bolt-on made by Lutech following the acquisitions of Tecla.it, CDM and Sinergy
Carlyle exits Italian electric motors maker Marelli Motori
Sale ends a six-year holding period for Carlyle, which bought the company from Melrose Industries
Bravo Invest sells Eurochiller to trade
Sale ends a three-year holding period for Bravo Invest, which owned an 85% stake in the company
First-time challenges in southern Europe
First-time funds may still be facing a tough road in southern Europe, but GPs are getting increasingly skilled at selling a compelling story
Portobello Capital exits Ice Cream Factory
Sale ends a nine-year holding period for the GP, which held a majority stake in the company
EQT buys Maltese telecommunication specialist Melita in SBO
Sale ends a four-year holding period for Apax Partners, which bought Melita alongside Fortino Capital
Bregal Milestone backs Italian gift cards provider Epipoli
GP deploys capital from its €400m vehicle, which held a final close in July 2018
ArchiMed carves out Diesse from PZ Cormay
Diesse was acquired from Orphée, the Swiss subsidiary of Warsaw-listed diagnostics group PZ Cormay
Towerbrook exits Metallo in €380m deal
Sale ends a six-year holding period for the GP, which bought the company from Groupe Alpha
Assietta backs cosmetics specialist Effegilab
GP invests in the company by deploying capital from its APE III fund, closed on €48m in 2015
Entry multiples heating up further in Q1 – research
Average value for PE-backed transactions increased by nearly 15% versus Q4 2018, says Clearwater
Charme Capital exits Atop in €380m deal
Sale ends a two-year holding period for Charme, which acquired the company via its third fund
Zouk Capital invests in PE-backed Be Power
As part of the deal, the GP appoints Paolo Amato as president and Paolo Martini as CEO of Be Power
Unquote Private Equity Podcast: Sector selectors
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses sector specialisation strategies
Impact investment demand outstripping supply – research
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey
Black Toro in talks for clothing brand Trucco
GP is currently investing via its second fund, which held a final close on €235m in February 2017
Black Toro raises €150m for third fund
Black Toro Capital III has a €350m target and held a first close on €100m in July 2018
Wise-backed Tapì buys Les Bouchages Delage
Management led by CEO Delage will continue to run the company, which will operate independently
Oakley set to close fourth fund on €1.4bn hard-cap
Vehicle was registered in Luxembourg in September 2018 and held a first close earlier in the year