Consumer
Afinum nears EUR 410m-EUR 420m fund close; mulls new fundraise
Plans for Fund 10 to be contemplated by mid-2024 “at the earliest” as GP advances on succession changes
GP Profile: IW Capital aims to support UK SMEs with dedicated debut fund
UK-based private equity firm is gearing up to launch a new GBP 25m-30m vehicle by summer
Unquote Private Equity Podcast: What’s next for ESG – Fedrigoni case study
Harriet Matthews is joined by colleague William Cain to discuss ESG investing amid macro clouds and interviews Bain’s Ivano Sessa about the sustainability strategy for one of the sponsor's portfolio companies
Afinum founders kick off succession planning with two new managing directors
First step in succession preparations will also see two partners join management team later this year
Permira raises EUR 16.7bn for Fund VIII, 50% up on previous vintage
Final close comes in a market largely devoid of multi-billion fundraises from European managers in recent months
Glass ceiling shows first cracks in PE space
Greater focus on investment team gender equality and mentoring has shifted the balance, but room for progress remains
Women in PE: Resource Partners’ Bobrowska outlines sponsor’s M&A and diversity ambitions
CEE-focused firm aims to close its third fund by mid-2023 and continuing to focus on the consumer sector
BD Capital mulls second fundraising towards end-2023
London-based mid-cap sponsor has crossed the half-way mark of deployment of its debut fund
Maj Invest launches Sticks’n’Sushi sale via Deloitte
Denmark-headquartered restaurant chain could attract interest from international PEs and trade
GP Profile: Hayfin seeks European mid-market opportunities with PE strategy
Launched in 2018 and with EUR 1bn AUM, strategy aims to address GPs’ need for fund and asset-level capital, partner Gonzalo Erroz tells Unquote
Metric Capital to hold first close for EUR 1.5bn fund in spring
UK-based investor in mid-sized companies is in talks with existing LPs for its fifth vehicle, a source familiar said
Sullivan Street to strike ‘at least’ two special sits deals and one exit this year with new ex-ICG hire
First fundraise for the complex situations investor ‘definitely’ on the horizon, although focus now on dealhunting
The Bolt-Ons Digest – 21 February 2023
Unquote’s selection of the latest add-ons with Investindustrial's CEME, Astorg's Fastmarkets, H&F's TeamSystem, and more
Abris to reap more than 3x money on Graal exit
Polish canned fish producer to be acquired by German food business Müller Group
Argos Wityu to sell La Compagnie des Desserts to PAI
Deal for French frozen desserts group marks the sixth investment from PAI Mid-Market Fund
CapMan exits Malte Månson to Accent Equity
Buyer acquires Swedish truck repair group via Accent Equity 2017, vendor exits from 2013-vintage Capman Buyout X
Inflexion taps Houlihan Lokey to review options for Sparta Global
Sponsor bought the UK-based technology and training services provider in an SBO in 2020
Oakley raises EUR 2.85bn for fifth flagship fund
More than twice the size of its 2019 predecessor, the vehicle will allow for larger equity tickets, more investments and bolt-ons
Integra Partners heads for year-end close for EUR 250m second fund
Vehicle is open to retail investors with tickets of EUR 500,000-plus and will make fund and co-investments
LDC outlines plans for new record year of deployment
Despite macro woes, sponsor wants to build up on last year’s pace of investment and exceed GBP 400m mark in 2023
Inflexion’s Scott Dunn valued at GBP 121m in trade exit
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
Foresight reaps 3.5x money in Mowgli exit to TriSpan
Sale of Indian restaurant chain is the sixth exit from the firm’s first Regional Investment fund
21 Invest France eyes EUR 300m Fund VI target by year-end
Fund VI has raised half of its target so far, with the GP seeking to further prove its investment track record throughout 2023
Clessidra on track for 2023 final close for debut private debt fund
GP has raised EUR 150m for the vehicle against a EUR 250m target, with one third already deployed