Consumer
TCV-backed Grupa Pracuj lists in EUR 1bn IPO
TCV first invested in the Poland-headquartered online recruitment platform in 2017
Asmodee draws Carlyle, Embracer Group in final stages
CVC and KKR, previously reported as potential bidders, are no longer involved
Sale of Eurazeo's Sommet gets underway
Process has kicked off with the distribution of IMs and indicative bids slotted for mid-January
O3, Novum to acquire Gumtree UK, Motors.co.uk
Sale is required for Adevinta to obtain approval from the UK CMA to buy eBay Classifieds
Oakley preps Wishcard for 2022 sale
Oakley acquired a majority stake in Düsseldorf-based Wishcard – then known as Seven Miles – in 2019
CapVest, Duke Street in second round for Evergreen Garden Care
Vendor Exponent is expected to collect final offers at the beginning of December
Searchlight invests in Celestyal Cruises
Searchlight is investing in the cruise operator via its Searchlight Opportunities Fund
Motorway raises USD 190m in Series C
Index Ventures and Iconic Growth have co-led a USD 190m funding round for Motorway, valuing the UK-based used car sales platform at more than USD 1bn.
LBO France buys ID Market, Sourcidys
GP is investing via its Mid Cap strategy and will merge the B2C and B2B home and gardening retailers
Bencis sells TBAuctions in SBO to Castik
Bencis formed TBAuctions in 2018 when it combined BVA Auctions with Troostwijk Veilingen
Capiton holds EUR 504m final close for sixth fund
Capiton VI is now 36% deployed across seven deals and expects to make up to 15 platform investments
CVC exits Etraveli in EUR 1.63bn trade sale
CVC acquired the online flight booking platform from ProSiebenSat.1 in 2017 in a EUR 508m deal
Food and beverage buyouts to reach EUR 13bn in 2021
An average of 44 buyouts totaling EUR 5.1bn were completed in the sector from 2011-2020
La Maison Bleue piques sponsor interest as auction kicks off
Ardian is considered to be a keen bidder given its interest in the sale of nursery business Grandir
CVC buys Unilever's tea business for EUR 4.5bn
European food and beverage buyouts are now set to reach EUR 13bn in 2021, according to Unquote Data
Spotlight on Spacs: Mobility sector ready to ride
With investors pressing for shorter merger deadlines, mobility-focused targets may fit the bill just fine
Mobeus's Equip Outdoor Technologies mandates KPMG for potential sale
Equip Outdoor Technologies is the parent company of specialist outdoor brands Rab and Lowe Alpine
Bregal, Armira go head to head for IK Multimedia
Management, advised by GCA Altium, has selected offers of more than 10x EBITDA
Assos of Switzerland for sale with William Blair advising
Sale process is advanced, with second-round bids expected near the end of this month
ICG to exit Park Holidays in GBP 900m trade sale – report
ICG acquired the caravan holiday park operator in a GBP 362m SBO from Caledonia Investments in 2016
ECI's Travel Chapter shelves IPO plans
Move comes less than three weeks after the company announced its intention to float on AIM
3i reaps GBP 146m from Basic-Fit sell-down
Proceeds take 3i's cash return from its investment in Basic-Fit to 4.1x
Unquote Private Equity Podcast: Leisure sector cleared for take-off
Unquote looks back at how the sector has fared, and speaks with PAI partner GaУЋlle d'Engremont following the ECG deal
Zooplus takeover to go ahead as 80% threshold is met
H&F and EQT Private Equity teamed up for a joint final offer for the pet products retailer in late October