Consumer
Cinven buys Restaurant Brands Iberia in EUR 1bn-plus deal
RB is the master franchisee for the Burger King brand in Iberia
Equistone sells Bruneau to Towerbrook
Earlier media report put the EV of the French online office supplies retailer at EUR 475m
Graphite Capital acquires Wonderbly
Personalised children's books publisher is the seventh deal from Graphite's 2018-vintage ninth fund
Alpha Private Equity sells Vertbaudet to Equistone
SBO of the children's clothing and accessories retailer is Equistone's sixth platform deal of 2021
Apax advised by UBS on Wehkamp exit
Dutch online warehouse Wehkamp is expected to come to market in H2 2021
Palamon exits Feelunique in GBP 132m sale to Sephora
Palamon acquired the UK-headquartered online beauty products retailer for GBP 26m in 2012
De Cecco attracts interest from ProA Capital, denies talks
Private equity firm is keen on acquiring a minority interest in the pasta maker, sources say
A&M Capital Europe buys Pet Network for EUR 260m
Pet Network was created by TRG in 2018 through the acquisition and merger of three businesses
Ermenegildo Zegna merges with Investindustrial-backed Spac
Merged entity will have an anticipated initial enterprise value of USD 3.2bn
McLaren confirms GBP 550m fundraising led by Saudi Arabia, Ares
Existing shareholders, including Mumtalakat, and new private investors invest GBP 150m
CVC Credit finances Livingbridge's World of Books buyout
Livingbridge bought the UK-based online reseller of secondhand books from Bridges Fund Management
Verdane steps up DACH activity with four new investments
GP has made a growth investment in Meister and majority investments in PremiumXL and Remember
Permira makes EUR 1.9bn investment in Adevinta
Deal will see eBay decrease its stake in Adevinta as part of the acquisition of eBay Classifieds
Seraphine lists in London seven months after Mayfair deal
IPO gives the maternity clothing business a market cap of GBP 150m, raising gross proceeds of GBP 61m
H&F, BlackRock, GIC invest in Belron at EUR 21bn EV
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and an equity value of EUR 17.2bn.
Morrisons rival bidders may have little room to improve on Fortress bid
Both CD&R and Apollo are seen as viable threats to Fortressтs offer, one source says
VR Equitypartner sells Megabad stake to FSN Capital
VR Equitypartner has sold its stake in Germany-based online bathroom fittings and furniture retailer Megabad to FSN Capital.
Eurazeo to sell early education business Grandir to InfraVia
Eurazeo is set to earn a 2x return on its initial investment
True holds £275m final close for third fund
Consumer-focused GP raised the fund in a six-month virtual process and surpassed its ТЃ250m target
Apollo confirms interest in Morrisons bid
PE firm would have to top a ТЃ9.52bn EV offer from a Fortress-led consortium made over the weekend
Charterhouse buys Labelium from Qualium
B2B digital marketing agency made six add-ons during Qualium's three-year investment period
CapMan acquires Verdane's MM Sports
Verdane mandated Clearwater International in Q1 to assess its exit options
CapMan exits Solera Beverage Group to trade
Exit comes a decade after CapMan acquired a majority stake in Solera alongside co-investors and the management
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed