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Southern Europe

Direct secondaries acquisition
Corpfin holds dry close for Fund V

Fund was marketed to existing investors in a closed process that only lasted a few weeks

  • Funds
  • 07 September 2018
Office software and communication tools
Sherpa Capital invests €20m in Busining

Company founder Óscar García Toledo will retain a minority stake in the business

  • Buyouts
  • 06 September 2018
Roberto Quagliuolo of Sherpa Capital
Tikehau appoints Quagliuolo as director in Italy

Quagliuolo will be in charge of private equity in Italy, in coordination with country head Bucelli

  • People
  • 06 September 2018
Logistics and delivery services
Castik-backed Alpega bolts on WTransnet

Ardian provides additional financing to Alpega to support the bolt-on of WTransnet

  • Portfolio management
  • 06 September 2018
Italian investments
360 Capital launches €60m fund

Poli360 was launched in partnership with Italian university Politecnico di Milano

  • Funds
  • 06 September 2018
Jorge Fernandez Miret of Sherpa Capital
Sherpa Capital promotes Miret to partner

Miret joined Sherpa Capital in 2012 as an investment director and has led a large number of deals

  • People
  • 05 September 2018
Black soldier fly
Moira Capital invests €16m in BioFlyTech

Investment will be structured as an initial €6m capital injection followed by €10m to deploy in 2019

  • Early-stage
  • 05 September 2018
Ceramic tiles
Falcon Private Holdings buys Halcón Cerámicas

Banco Santander and CaixaBank are providing debt financing to support the transaction

  • Buyouts
  • 05 September 2018
Slaughterhouses and meat-processing plants
Axcel-backed Frontmatec buys stake in Aira

Target company's founder, Xavi Jané López, will stay on with the business and retain a majority stake

  • Portfolio management
  • 03 September 2018
Steel wheels for commercial vehicles
Quantum carves out Gianetti from Accuride

GP appoints Goran Mihajlovic as CEO and chair of the board to lead Gianetti's management team

  • Buyouts
  • 31 August 2018
People moves and promotions
Partners Group appoints David Layton as co-CEO

Layton, the current head of private equity, will replace Christoph Rubeli from 1 January 2019

  • People
  • 30 August 2018
Pharmacies and drugs retailers
F2i in late-stage acquisition talks for Farmacrimi

Deal is part of the GP's buy-and-build strategy aimed at creating a group of pharmacies across Italy

  • Buyouts
  • 29 August 2018
Top exit routes for European PE-backed companies
PE-backed IPOs hit nine-year low

Of the 617 European exits so far this year, only 17 have been IPOs, equivalent to 2.7%

  • Exits
  • 24 August 2018
Laboratory equipment and furnishings
Star Capital buys Educom via DPH

Educom will be owned by DPH, a company established by Star to pursue its buy-and-build strategy

  • Expansion
  • 22 August 2018
Spanish flag in front of the Palace of Communication in Madrid
International appetite for Spanish deals soars in H1

Country's dealflow and aggregate value both reached record or near-record levels in H1, with international GP's fueling mid- and large-cap activity

  • Southern Europe
  • 20 August 2018
Data analytics services
European secondaries up 50% year-on-year – report

Western Europe deals saw the largest increase in H1 compared with other geographies, says Setter

  • Secondaries
  • 16 August 2018
Businessmen having a conversation in a boardroom
Headway invests in restructuring of Alter Capital fund

GP established a new vehicle, Alter Cap II, to purchase the fund’s portfolio and provide capital

  • Secondaries
  • 14 August 2018
Portugal
Crest to hold final close for maiden fund

Crest plans to invest in profitable, fast-growing and export-driven companies based in Portugal

  • Funds
  • 14 August 2018
San Fransisco
Felicis closes sixth fund on $270m

Felicis has a global investment mandate and has previously invested in 40 countries

  • Funds
  • 13 August 2018
Ricchetti manufactures ceramic tiles
QuattroR buys Ceramiche Ricchetti

Ceramiche Ricchetti's management will stay on with the company and have the possibility to co-invest

  • Buyouts
  • 10 August 2018
New hires and promotions
Nystrs considering further European fund commitments

US pension fund has increased the number of active partnerships in its private equity portfolio

  • LPs
  • 10 August 2018
Carpentry and furniture designers
GPF-backed Grupo Malasa bolts on Grupo Noa

Grupo Malasa expects to expand further and reach combined revenues of approximately €130m in 2018

  • Expansion
  • 10 August 2018
Air conditioning units
Diana Capital exits Lumelco

Company plans to use the fresh capital to consolidate its market position and bolster its expansion

  • Exits
  • 09 August 2018
Peer-to-peer lending
Strong exit environment helps drive Pantheon's returns

Sales to corporate buyers were the most significant source of exits, PIP says in its results

  • LPs
  • 09 August 2018
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