Consumer
Massimo Zanetti aiming to find financial sponsor by year-end
BNP Paribas is set to collect preliminary offers for the Italian coffee company within the next two weeks
Gimv to exit Wolf Lingerie in Vulcain-led auction
Gimv and Alsace Capital acquired Wolf from Cathay Capital and EPF Partners in 2014
eEquity reaps 15x on sale of PriceRunner to Klarna
Deal values PriceRunner at more than SEK 9bn, allowing eEquity to exit in less than two years
BC Partners uses special-purpose fund to back Pet City in Greece
BC Partners GR Investment is set up to invest in high-growth SMEs in Greece
Aurelius buys McKesson UK in GBP 477m deal
Carve-out of McKesson UK includes LloydsPharmacy and is Aurelius's largest deal to date
Consumer dealflow rebounds strongly in Q3
More on-trend verticals such as technology and healthcare took a backseat in the third quarter, Unquote Data shows
Palatine sells Estio to PE-backed BPP
Deal is the first exit from Palatine's first Impact Investing fund, which closed in 2017 on GBP 100m
Procuritas backs Strandberg Guitars
GP is backing the headless guitars producer via its EUR 318m Capital Investors VI fund
Triton forms LeDap Group
Company has been formed by more than 30 acquisitions; it aims to promote racquet sport padel
Partners Group secures minority stake in Breitling
CVC agreed to acquire an 80% stake in the then-family-owned Swiss watchmaker in early 2017
Softbank, Mubadala in USD 200m round for Tier
Series D adds to the record amounts deployed in VC and growth deals in the DACH region in 2021
Equistone backs ADM Group
Investment in the marketing agency is the GP's eighth platform deal of 2021 to date
Ambienta launches Nactarome sale, teasers out
Auction for the Italian ingredients producer was initally expected to be launched in early 2022
Idea Taste of Italy contemplates Gelato d'Italia sale
Idea Taste of Italy acquired a stake in Gelato d'Italia – then trading as Indian – in May 2016
ECI's Travel Chapter announces intention to float
ECI bought the asset from Phoenix less than three years ago
Asmodee already attracting PE interest ahead of November launch
Silver Lake, CVC, Advent and KKR are already set to join the race, sources say
Gorillas raises circa USD 1bn in Delivery Hero-led Series C
New funding comes just seven months after a Series B, with the company doubling in value
Unilever tea auction set to close second round in November
Advent is in a strong position, while Cinven, CVC and Carlyle have ESG concerns, sources say
Brewdog, Hawksmoor hit brakes on IPO plans
Founders of both businesses cite pandemic recovery uncertainty in the hospitality sector
Social concerns increasingly important in European consumer M&A
Ethical supply chains, modern slavery, diversity and inclusion, wage gaps, and health and safety are all "potential liabilities" for M&A sponsors
Burger King UK owners mull GBP 600m listing – report
IPO plans are thought likely to be formalised within days, dual-track process could be explored too
H&F matches EQT's EUR 3.36bn Zooplus offer
H&F has increased its EUR 460 per share offer for the pet products retailer to EUR 470 per share
San Giorgio in sale talks with Ergon, reviews valuation expectations
Owning family is looking to sell a minority stake in San Giorgio via a capital increase
Ligue 1 explores PE stake sale among financing options
Process is the latest move among elite football tiers to seek external investment