Sector
Federated Hermes raises USD 486m for fifth co-investment fund
Fund surpassed its USD 400m target; its 2018-vintage predecessor raised USD 600m against a USD 350m target
PE purchases stall in Italy as buyers lose faith – PE Forum Italy
PE players are hoping that valuation expectations will align in 2H 2023, easing dealmaking backlog
FPE Capital acquires, merges NoBlue and Elevate2
GP’s investment in NetSuite partners marks fifth investment out of third fund
Seven2 to launch 11th fund in next 18 months as fundraising normalcy nears
Fundraising could pick up by year-end as LP denominator effect continues to wind down
Nordic Capital reaps around 6x money in Macrobond SBO
US-based tech sponsor Francisco Partners set to acquire the Swedish financial data provider
AlphaPet Ventures gears up to collect first-round bids as investors weigh up pet food’s appeal
Sponsors including IK and TA Associates expected to look at Capiton-backed German petfood company
SGT Capital focuses on co-investments and LP diversification in next stretch of USD 2bn fundraise
Co-managing partner and former Mormon missionary turned financier Joseph Pacini speaks to Unquote as the firm’s current fund nears a USD 1bn-plus second close
Inspirit holds GBP 75m final close for second fund, anticipates strong carve-outs dealflow
Fund was oversubscribed and closed following a three-month fundraising process
Macrobond owner Nordic Capital collects initial bids in wide sale process
Nordic Capital is expected to collect non-binding offers for Swedish financial data company Macrobond this week, two sources familiar with the situation said.
Arcven Capital to raise debut VC secondary purchase fund with EUR 80m target
VC aims to provide liquidity to existing startup shareholders, investing EUR 200,00-EUR 2m at discounted valuations
Advent Life Sciences gears up for growth fund
Healthcare-focused strategies remain bright spot in otherwise dull fundraising market
Summa Equity’s Documaster tipped as likely exit candidate for 2024
GP bought a majority stake in Norway-based digital document platform provider in 2017
GP Profile: NB Renaissance outlines acquisition and exit plans in final stretch of current fund deployment
Nearing full deployment for its third fund, Italian private equity firm is prepping one more deal and at least one exit by year-end
Dutch sponsor Egeria gears up for new fund launch next year
GP’s 2017-vintage, EUR 800m current fund is expected to be fully deployed within 12-18 months
HLD's 52 Entertainment sale on hold over valuation issues
French gaming developer had been expected to see a valuation of at least 15x EBITDA
AnaCap exits GTT to Stirling Square
Vendor will reinvest in tax collection software for a 20% stake; buyer makes second tech deal in a month
Rovensa tipped for sale as PE owners weigh exit options
Bridgepoint and Partners Group have yet to decide on a process for the Portugese agriculture business
Wellington eyes late-stage growth opportunities with new USD 2.6bn fund
GP seeks to address capital needs pre-IPO or sale and anticipates a diverse portfolio for fourth fund
TSG’s Bergfreunde hits the market in JPMorgan-led auction
Sale of German online clothing retailer follows performance spike during COVID-19 pandemic
Investcorp to take majority stake in PR firm SEC Newgate
USD 100m investment sees firm valued at USD 250m; existing shareholders including Three Hills will roll over their stakes
The Bolt-Ons Digest - 3 July 2023
Unquote’s selection of the latest add-ons with Palatine's Anthesis, Nordic Capital's Regnology, Waterland's Janssen and more
Quadrivio rounds off Industry 4.0 Fund deployment with Twist acquisition
Acquisition of the Italian reconditioned tech hardware business is the last from the EUR 200m vehicle
Cathay holds final close on USD 270m for PE growth fund
France-based GP’s latest private equity fund expands its geographical focus to North America
Portfolio Stock Exchange bets on uptick in PE fund listings
Exchange will initially seek Spanish closed-ended funds of EUR 40m-EUR 120m for listing