UK / Ireland
Equistone makes three ESG manager hires
London, Paris and Munich appointments will assist with ESG in the investment and portfolio management processes
Alcentra takes keys to three PE-backed companies this year
Under Benefit Street Partners' ownership the alternative lender took over Lifetime, Optionis and Equiom
RJD Partners sells Babington to Unigestion
Acquisition of the UK apprenticeship provider marks the last deal from Unigestion Direct II
Private Equity Trendspotter: Sponsors look for sure footing as market slowdown signals change in deals landscape
Aggregate buyout volume brings 2022 just 6% above pre-pandemic dealmaking, with a significant sentiment shift in H2 2022
Munich Private Equity closes Fund IV on EUR 392m
Fund-of-funds investor will split deployment evenly between Europe and North America
Clearwater Multiples Heatmap: Valuations ease as PE deals slow down
After a record quarter, Q3 2022 sees sponsor transactions fall sharply amid challenging macro environment
Tikehau taps Unilever VP to lead regenerative agricultural practice
Laurent-David Charbit will co-head the strategy investing recently launched EUR 1bn fund
The Bolt-Ons Digest – 14 December 2022
Unquoteтs selection of the latest add-ons, including CVC's Stark Group, Bridgepoint's Kereis, EQT's Open Systems, and more
Kester to reap 4.8x return in Vixio exit to Perwyn
Sale of regulatory intelligence provider marks the first divestment from the GPтs second fund
Large LPs among most concerned about denominator effect – Coller Capital
As the stock market slump slows down their PE commitments, LPs are set to increase use of the secondaries market to balance allocations
ICG plots sale of hedge fund data platform With Intelligence
Formal auction penciled for 2023; Houlihan Lokey among frontrunners for sale mandate
Unigestion's de Dardel to succeed Frick as CEO
Head of private equity Christophe de Dardel takes up the role after 22 years with the Swiss asset manager
Aliter raises GBP 134m for new UK support services fund
Fund II backed by US and European institutions with GBP 10m-GBP 30m in commitments each
Cavalry Ventures holds EUR 100m first close for third fund
Seed and early-stage fund has a EUR 160m target and plans to back 30-35 software startups
One Peak closes new fund on USD 1bn hard cap
Tech GPтs third vehicle will back fast-growing B2B software companies in Europe and Israel
KKR buys Clinisupplies to build chronic care medical devices platform
GP installs former Atos CEO as chairman; deal is partial exit for Apax Partners' India-based Healthium
AlbaCore Capital Group holds EUR 2.2bn final close for third flagship fund
Fundтs recent focus has been senior secured deals for companies seeking financing amid a tough credit market
Livingbridge preps Adarma for 2023 sale process
DC Advisory will conduct the auction of the Edinburgh-based IT security consulting provider
CVC weighs strategic options for IT training provider QA
GP in informal discussions around exit or sale of parts of the UK-based company
Adams Street raises USD 1.1bn for 2022 Global Fund Program
Latest co-mingled vehicle is around a third larger than previous two programmes in the series
H2 turns to bilateral talks to get Optegra sale over the line, sources say
Deal with MidEuropa sealed after auction for ophthalmology group went quiet earlier this month
AgriBriefing sale draws bid from Five Arrows-backed Mintec
Vendor Horizon collected offers for the agricultural information services provider last week
LP Profile: Stonehage Fleming anticipates largest ever PE programme in 2023
Multi-family office talks about doubling down on manager selectivity, opportunities in secondaries, and family offices' increasing interest in PE
Marsh Specialty appoints new global head of PE and M&A
Paul Knowles, currently head of Continental Europe, will relocate to New York office in Q2 2023