Industrials
Ufenau VII closes on EUR 1bn hard-cap
Switzerland-based buy-and-build specialist plans to make 13-15 platform deals from the fund
Growth Capital Partners V holds GBP 260m final close
UK-based GP aims to provide flexible capital for UK-based technology, services and industrials SMEs
GP Profile: Patrimonium Private Equity aims for full fund deployment and add-ons in 2022
Swiss sponsor has EUR 150m in fund commitments and expects two to three more platform deals this year
Equistone considers moving Sicame to continuation fund
GP is also studying a potential refinancing of the French electricity distribution products and services provider
EMK Capital gears up for third fund
European mid-market investor held a final close for its predecessor fund in 2020 on EUR 1.5bn
Genesis buys majority stake in HC Electronics
GP is investing in the electronics manufacturing firm via its EUR 40m Genesis Growth Equity Fund I
IK taps Lincoln for 2Connect exit
Auction for Dutch cable and connectors manufacturer is expected to launch by Q2 2022
Nord Holding launches Small-Cap Fund
Small-Cap strategy will be led from Frankfurt by former VR Equitypartner executive Jan Markus Drees
Palatine acquires housing provider Jessup
GP competed against other sponsors in Clearwater-led auction; founder Clive Jessup to retain minority stake
Inflexion buys Astrak Group
Inflexion has now announced two deals from its recently closed GBP 2.5bn Inflexion Buyout VI fund
NB Renaissance explores options for Novamont
Sale of Italian bioplastics company could launch in H2 2022
Silverfleet's Prefere Resins final bids in view as shadow of Russian exposure lurks
Bidders intensify due diligence on the German resins specialist as key raw materials and clients come from Russia and Ukraine
Rubicon sells John Lawrie Metals to ArcelorMittal
The London-based GP invested in parent company John Lawrie Group in 2017
Naxicap sells Ondura to Kingspan in EUR 550m deal
GP bought the roofing business in 2017 via a EUR 220m SBO from Abénex and Astorg
Aurelius buys CTD in carve-out from Saint Gobain
GP will own most of its stake in the ceramic tile firm via its EUR 360m European Opportunities fund
Verdane invests in EVA Global
GP has now announced three deals from its EUR 300m impact growth fund, Verdane Idda I
Astorg closes Mid-Cap Fund on EUR 1.3bn
Fund will target EUR 150m-500m EV deals, expanding on Astorgтs current flagship strategy
Exponent buys majority stake in H&MV
Limited structured sale saw the GP acquire the Irish high voltage electrical engineering firm
Bain explores strategic options for Fedrigoni
Review of options for the Italian producer of speciality papers and self-adhesive labels could lead to a minority stake sale or an IPO
Merck pigments attracts PE interest in sale anticipation
The German conglomerate is in the early stages of deliberations about its options for the business and is yet to appoint a bank to handle a potential sale
IK appoints Baird for Optimum Group exit
Sale of Dutch packaging company is expected to launch in 2H22
Inflexion sells Alcumus to Apax for 5.9x money
Inflexion acquired the UK-based risk management and compliance firm for GBP 92m in 2015
Cinven picks dual-track exit advisers for Envirotainer
Citi, JP Morgan and Carnegie are among banks advising on the upcoming exit of the Swedish temperature-controlled air cargo containers group
PAI hires Citi for upcoming M Group Services exit
Sale of services and infrastructure provider is expected to start later this year