Sector
EQT looking at Sitecore stake sale
Morgan Stanley and Goldman Sachs are advising the Swedish buyout group on the process
Intertrust draws interest from Apex Group
Rival approaches took place after Intertrust unveiled an exclusivity agreement with CVC on 12 November
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
TA Associates buys Ambienta's Nactarome
TA beat contender Apax, which came second in the auction for the Ambienta-backed company
CVC exits Etraveli in EUR 1.63bn trade sale
CVC acquired the online flight booking platform from ProSiebenSat.1 in 2017 in a EUR 508m deal
IK, Asian strategics in final sale round for Schwind
Sell side is aiming to deliver on high price expectations for the asset
Advent, Centerbridge to launch Aareal Bank takeover
Advent already owns a stake in Aareon, the property ERP software unit of Aareal Bank
Vistra catches Warburg Pincus's eye in bilateral sale talks
Appetite for corporate and fund administration businesses has picked up in recent months
Intertrust gathers interest from other suitors following CVC offer
Several parties have submitted proposals at offer prices of up to EUR 22 per share
Food and beverage buyouts to reach EUR 13bn in 2021
An average of 44 buyouts totaling EUR 5.1bn were completed in the sector from 2011-2020
Advent buys Caldic from Goldman Sachs
GP plans to merge the speciality chemicals producer with São Paulo-headquartered Grupo Transmerquim
UVC holds final close for third fund
UVC Partners has a deployment capacity of EUR 255m with its flagship fund and new Opportunity Fund
La Maison Bleue piques sponsor interest as auction kicks off
Ardian is considered to be a keen bidder given its interest in the sale of nursery business Grandir
G Square transfers ISPS to new fund after sale talks with PAI collapse
Sponsor refinanced the business with incumbent lender CVC and another direct lender as part of the transfer
CVC buys Unilever's tea business for EUR 4.5bn
European food and beverage buyouts are now set to reach EUR 13bn in 2021, according to Unquote Data
Invision's Dr Deppe to hit DACH auction pipeline
Invision has mandated Rothschild for the sale of the disinfectants and cleaning-products specialist
Valedo's Norva24 to list in Stockholm
Since inception in 2015, Norva24 has grown from NOK 150m in revenues to NOK 2.1bn
ArchiMed buys Cardioline
Cardiology telemedicine platform is the first deal from the GP's EUR 650m MED III fund
Tencent leads GBP 60m round for Ultraleap
Company develops haptics hardware technology, allowing touch-free interaction with devices
Altor, Equistone, Polaris among bidders for Troldtekt
Danish manufacturer of acoustic panels is in an advanced process led by Clearwater
Spotlight on Spacs: Mobility sector ready to ride
With investors pressing for shorter merger deadlines, mobility-focused targets may fit the bill just fine
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Carlyle clinches AutoForm in SBO from Astorg
Permira, Onex, EQT, KKR and Hellman & Friedman, as well as industry players, were also tipped as potential bidders
Mobeus's Equip Outdoor Technologies mandates KPMG for potential sale
Equip Outdoor Technologies is the parent company of specialist outdoor brands Rab and Lowe Alpine