UK / Ireland
MML launches lower-mid-market strategy for UK, Northern European B2B assets
London-headquartered GP invested in AI provider MIcompany in first deal for new strategy this week
Oakley raises EUR 2.85bn for fifth flagship fund
More than twice the size of its 2019 predecessor, the vehicle will allow for larger equity tickets, more investments and bolt-ons
Integra Partners heads for year-end close for EUR 250m second fund
Vehicle is open to retail investors with tickets of EUR 500,000-plus and will make fund and co-investments
Livingbridge exits Red Box in sale to US-based Uniphore
Deal for voice software group takes the GP’s Fund V close to full realisation, with Direct Ferries as only business left in the 2012 vehicle
LDC outlines plans for new record year of deployment
Despite macro woes, sponsor wants to build up on last year’s pace of investment and exceed GBP 400m mark in 2023
Brookfield acquires DWS private equity secondaries unit
Asset manager plans expansion into PE GP-leds, bolstering its existing real estate secondaries strategy
Inflexion’s Scott Dunn valued at GBP 121m in trade exit
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
GP Profile: Key Capital upbeat about SME deals with next fund in the making
UK small-cap sponsor could return to market for its next GBP 125m fund at the end of 2023
GP Profile: Armen eyes “new frontier” for GP stakes in Europe
France-headquartered GP stakes investor is seeking to support sponsors as they become multi-strategy managers, co-founder Dominique Gaillard tells Unquote
Foresight reaps 3.5x money in Mowgli exit to TriSpan
Sale of Indian restaurant chain is the sixth exit from the firm’s first Regional Investment fund
IPEM 2023: GPs battle fundraising blues on the Côte d'Azur
Sponsors remain broadly optimistic despite fundraise bottlenecks and a growing number of LPs faced with tough choices on manager selection
Equistone to exit Acuity in sale to Permira
Sale of financial services research group follows process with early discussions between vendor and bidders
Bridgepoint picks advisers for Moneycorp upcoming sale
Goldman Sachs and Perella Weinberg hired for foreign exchange specialist's auction
The Bolt-Ons Digest – 26 January 2023
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
Travers Smith names new head of PE and financial sponsors group
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
Q4 Barometer: deal count remains steady amid tough environment
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
Flight to quality, impact investing to drive allocations in 2023 – HarbourVest
Asset manager’s investment team discusses secondaries and co-investment dynamics amid a challenging fundraising market
Unquote Private Equity Podcast: The PE auction in times of exit scarcity
Rachel Lewis joins Harriet Matthews to discuss how auction process dynamics are changing against the current market backdrop
Arcano holds EUR 450m final close for latest secondaries fund
With just under 50% deployed, the vehicle will split focus evenly between LP stakes and GP-leds
Equistone to exit Bulgin to Infinite Electronics
UK sealed connectors manufacturer set to accelerate US expansion under trade owner
Accel-KKR weighs strategic options for Kerridge Commercial Systems
ERP software provider could seek a sale or bring in additional PE investor; Arma advises
Series A rounds likely bright spots in VC investing in Q1 2023 – KPMG
Energy security, ESG deals to continue apace, with consumer-focused businesses seeing most strain
Going, going, not gone: PE auctions bid for relevance amid risk-off environment
With a debt financing drought and macro woes denting exits, GPs are adapting the traditional M&A auction in favour of more flexible bilateral negotiations to get deals across the line
Bellevue eyes Q1 2023 first close for debut secondaries fund
With USD 200m target, vehicle will primarily focus on USD 1m-30m LP stake deals
