Technology
Motive raises USD 2.54bn across Fund 2 and co-investment vehicles
GP's USD 1.8bn Fund 2 is 3.7x the size of its predecessor and expects to make 15-18 deals
August Equity to target GBP 400m in fundraise for upcoming sixth fund
Fundraising plans come following several exits from the GP’s 2016-vintage fourth fund
Partners Group hires ZF’s Scheider as head of private equity
Car parts maker CEO will join the Swiss GP’s headquarters in Baar-Zug in early 2023
Hg to launch sale of business messaging group Commify
Moelis-led auction is expected to see the UK-based company marketed off EUR 25m EBITDA
Mobeus reaps 4.4x money, 64% IRR on Access Partnership MBO to Mayfair
UK-based technology public policy consultancy seeks to develop via M&A
CapMan exits Fortaco, buys Netox
Sale marks final exit from sponsor's eighth buyout fund; Netox deal is sixth investment via eleventh
Perwyn hires CFO from Silverfleet Capital
James Gavey joins the sponsor's London office after 21 years at Silverfleet
Apax heads for second small-cap fund with EUR 350m target
French GP seeks private and institutional investors with a minimum commitment of around EUR 100,000
Hg appoints advisers for IRIS Software auction
Business software provider could reach EUR 2bn valuation; unclear whether ICG will sell minority stake
Algebris holds EUR 200m first close for debut Green Transition Fund
Fund has a EUR 400m target and is headed by three former executives from Italian utility company A2A
Apax Partners launches sale of network performance group Infovista
Jefferies and SocGen advise on auction; indicative bids due before summer break
Capza launches SME decarbonisation fund with EUR 1.3bn target
Second vintage of the SME-focused strategy will aim to support its portfolio companies with decarbonisation
Permira hires former Arm CEO as technology adviser
Simon Segars takes on global role to advise the GP and the management of its technology companies
Plural holds EUR 250m final close for debut early-stage fund
VC firm is led by technology founders Ian Hogarth, Khaled Heloui, Sten Tamkivi and Taavet Hinrikus
Women lead push for diversity in PE, M&A
Supporting diverse hires and leadership, as well as opening up networks, remain key
Gyrus buys majority stake in Katalist Group
GP and Katalist's founders are planning bolt-ons for the food and pharma supply chain software firm
Bain Capital, Nextalia to acquire Deltatre from Bruin Sports Capital
Italian sports technology provider first sale attempt was hampered by the onset of COVID-19 in early 2020
Oakley, EQT seal Facile.it sale to Silver Lake
Sale to Californian tech investor gives Italian price comparison platform unicorn status
Kiko Ventures launches GBP 375m cleantech investment platform
New evergreen VC investment platform is backed by London-listed investment firm IP Group
Phoenix Court Group raises USD 500m for four VC strategies
London-headquartered VC is raising for its LocalGlobe, Latitude, Solar and Basecamp funds
The Bolts-Ons Digest – 17 June 2022
Unquote’s selection of the latest add-ons with Holland's AMP, Triton's Kinios, Nordic's Sortera, Vitruvian's Sykes, and more
CapMan exits Picosun to trade
Deal is the GP’s largest exit to date based on the atomic layer deposition equipment producer’s EV SUM
LGT Capital closes first dedicated impact fund on USD 550m
Crown Impact will make co-investments, as well as primary and secondary fund investments
HG-backed Visma to divest IT consulting unit to CVC
Sponsor will invest in the carve-out from the Norwegian business software and IT provider via Fund VIII