Financials
Exponent to return to fundraising trail with fifth buyout vehicle
Fund V comes five years after the GP registered its predecessor vehicle, whose size remains undisclosed
The Bolt-Ons Digest - 26 May 2023
Unquote’s selection of the latest add-ons with H&F's TeamSystem, Nordic Capital's Regnology, 3'i's Dutch Bakery and more
MML Capital sells GP stake to Wafra and Investcorp
Mid-market PE firm's deal comes amid rise of new entrants into the European GP stakes landscape
Baird Capital invests in Freemarket
GP’s growth capital investment in UK-based fintech platform marks seventh deal from Fund II
Mediobanca acquires Arma Partners
Deal will increase Italian bank's investment banking fee pool by 30% as wider sector suffers from M&A slump
VFF has around EUR 20m to deploy, considers fund volume and investment period increase
Slovak state-backed VC fund expects to invest in 25-30 companies with EUR 500,000 to EUR 4.8m to deploy per round
Women hold 12% of senior investment roles in UK-based PE and VC firms − survey
BVCA and Level 20 report shows more progress in junior and mid-level cohort versus senior, and no black women in senior roles
AnaCap gears up for fourth private equity fund
Registered earlier this month, AnaCap IV follows the mid-market sponsor's EUR 850m, 2016-vintage predecessor
Kartesia’s management to take majority stake in Flexam
Pan-European capital solutions provider’s partnership with France-based fund manager will add real-asset financing to its offering
Slice of pie: New entrants gobble up GP stakes in Europe
Armen, Hunter Point Capital, GP House and Axa IM rustle up new minority investments, as Inflexion and Coller sell
Squire Patton Boggs hires funds partner from MJ Hudson
Rob Eke’s move follows Apex Group’s acquisition of several business divisions of asset management service provider
The Bolt-Ons Digest – 17 April 2023
Unquote’s selection of the latest add-ons with Triton's BFC Group, Seven2's Groupe Crystal, Palatine's FourNet and more
VC fundraising sinks further with lowest Q1 in a decade
Eight European firms secured just over EUR 2bn in commitments in Q1 2023 as continuing uncertainty suppresses LPs’ risk appetite, but fundraising pipeline looks promising
Houlihan Lokey hires new capital markets MD from Numis
David Kelnar told Unquote that the firm is seeing a growing pipeline of companies looking to fundraise
Hunter Point buys minority stake in Coller Capital
Proceeds from the deal will be invested into secondaries investor Coller Capital’s funds
Spending bottom dollar: Valuation gaps take Q1 buyout levels back to 2009
Sponsors make just 95 buyouts in Europe in the first quarter - a figure not seen since Sony sold 12m floppy discs in one year
MJ Hudson business divisions acquired by Apex Group
Sale follows suspension of listed UK-headquartered asset management service provider’s shares in December 2022
Inflexion sells GP stake to Hunter Point Capital
10% stake in UK-based midmarket sponsor is the first European deal for US-based GP stakes investor
KKR holds USD 8bn European Fund VI buyout fund close with 12.5%-plus GP commitment
European Fund VI will deploy equity tickets of EUR 250m-750m in six core sectors
Armen eyes 2023 final close for debut fund after first close and stake sale
Sponsor sells 20% stake in itself to family offices as EUR 400m fundraise continues
AnaCap reaps 4.3x on MRH Trowe minority stake sale to TA Associates
German insurance broker will now be backed by both GPs; deal comes 2.5 years into AnaCap's investment period
European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
The Bolt-Ons Digest – 20 March 2023
Unquote’s selection of the latest add-ons with Cinven's ETC, PAI's Apleona, TA Associate's Fairstone, and more
AnaCap exits Oona Health in EUR 302m sale to Topdanmark
Deal for Danish health insurance provider generates a 4x money multiple and 40% IRR
