Southern Europe
Wise backs cybersecurity specialist Innovery
GP deploys capital from its €215m Wisequity IV fund, which invests tickets in the €5-20m range
Sector specialisation taking hold in Europe
European private equity firms are sharpening their investment focus by restricting the number of sectors they target
Investindustrial-backed Lifebrain buys clinical lab Galeno
Galeno will be integrated within the Lifebrain business and will consolidate its market position
Unquote Private Equity Podcast: Generation game
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses new generations working in private equity
Taste of Italy buys land management software specialist Abaco
GP deploys capital from its Idea Taste of Italy fund, a food- and agri-business-dedicated vehicle
Riverside buys mineral water specialist Galvanina
GP plans to consolidate Galvanina's market position, boost its expansion and enlarge its offering
Riello holds €50m first close for Italian Strategy
Fund targets Italian SMEs operating in the fashion, food, automotive, furniture and cosmetic sectors
Dawn leads $11m series-A for data integration platform Onna
Previous backer Nauta Capital also takes part in the round, alongside Dropbox and Slack Fund
Innogest leads €1.6m bridge round for food startup Soul-K
Company plans to use the funding to consolidate its market position and expand its product offering
Diana Capital to launch €200m third fund
Diana Capital III will target mid-market Iberian companies operating in a wide range of sectors
Revenue trumps earnings as PE mops up B2B SaaS firms
Private equity is helping to drive rapid consolidation in the B2B software-as-a-service market
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