UK / Ireland
Advent buys Planet stake from Eurazeo in €1.8bn deal
Eurazeo will reinvest in the business and co-control the company with Advent
Caledonia exits DSE to trade in £242m deal
GP’s exit comes just three years after it acquired DSE in a deal valuing the company at £162m
Oakley backs ICP Education buyout
Oakley will deploy via Oakley Capital Fund IV, which held a final close on €1.46bn in 2019
Sanne board rejects fourth Cinven offer
Latest proposal offers 850 pence per share, a small uptick on the 830 pence offered earlier
Pandemic success boosts appeal of "misunderstood" gaming sector
PE and VC interest for the sector has picked up in the past few years after a lull, and the pandemic could turn some of these bets into winners
Sun European to sell mattress retailer Dreams for $475m
Exit comes eight years after the GP acquired the company from its administrators at an estimated price of £35m
Riello launches €80m agri-food venture fund
Linfa Ventures will be dedicated to late-stage and growth capital investments across the agri-food sector
One Peak leads $125m series-B round for Paysend
Fintech company will use the proceeds to expand internationally and speed up product innovation
Multiples Heatmap: hectic Q1 further fuels valuation hike
Deal multiples saw four consecutive quarterly increases to reach 11.5x in the first quarter of 2021
Apposite heads for autumn final close for third fund
Healthcare-focused GP has made its first deal from the fund, acquiring Switzerland-based 1Med
Mobeus scores 3.3x on Ludlow trade sale
GP sells financial advice business Ludlow Wealth Management to Mattioli Woods for £36m
Mobeus invests £8.2m in architectural visualisation studio The Boundary
Deal is GP's 12th investment from Mobeus Equity Partners Fund IV, which is now 70% invested
Raymond James buys Cebile Capital
With the addition of Cebile to its investment banking division, Raymond James expects to further expand its service offering
Vectura board greenlights £958m Carlyle offer
Vectura Group is a listed, UK-based developer of inhaled drug delivery devices
Bain Capital Ventures Fund 2021 raises $1.3bn
Fund intends to focus on digital commerce, fintech, digital healthcare and cloud infrastructure
Chubb Fire & Security draws Bain-Advent consortium in £2bn sale
Previous process was halted in 2019 after bidders submitted lower than expected offers
Merieux Participations 4 holds €300m first close
MP4 provides equity tickets of €20-80m, with a sweet spot of €40-45m, targeting the health and nutrition sector
LDC sells Magicard to trade for £42m
Sale comes five years after LDC backed a £22m management buyout of the compan
Omers buys into Partners Group's International Schools Partnership
Deal gives the international group of K-12 schools an enterprise value of €1.9bn
Foresight hits £65m first close for Regional Investment III
Fund has Greater Manchester Pension Fund as its cornerstone investor
HIG buys Travis Perkins' P&H in £325m deal
GP plans to use its experience in specialised distributors to support the plumbing and heating firm
Castik transfers Waterlogic to €700m single-asset fund
Vehicle acquires a majority stake in Waterlogic from Castik's €1bn first fund Epic I
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching €12.7bn
Macquarie buys Wavenet from Beech Tree
Macquarie intends to boost the company's growth and provide a renewed focus on strategic acquisitions