Benelux Unquote
Care for a top-up?
Fundraising remains as challenging an activity now as it was 12 months ago. Many signs of life have been in the form of top-up funds - a signal that many LPs are not only honouring their commitments but also supporting their GPs. By Francinia Protti-Alvarez...
Tough time
Over the last month, the media have been aghast at the pace of bank collapses. Foul winds have blown in from the US and reached Europe, hitting the largest countries spectacularly. This time the crisis collided with Benelux head-on as failed insurer and...
"Today, the balance is shifting towards sellers after the long reign of vendors"
Joost Siemensma at Grant Thornton speaks to Domitille Lainey about the changes in due diligences in the acquisition race. Siemensma specialises in due diligence investigations for private equity investors. Previously he worked at KPMG and Deloitte Transaction...
Mixed signals
For all the talk of stillness associated with the summer, the various regional unquote" publications have recorded an increased number of deals lately. The latest issues of France and Nordic unquote" have registered 30 and 27 deals respectively, up substantially...
Strange bedfellows
Not so long ago, corporates and private equity firms were arch rivals in many hotly contested auctions. Could the lack of liquidity in today's market, volatility and poor visibility encourage erstwhile contenders to consider joining forces?
KKR-backed NXP launches debt swap; reduces debt by $225m
Dutch semiconductor business NXP, backed by KKR, AlpInvest, Apax, Bain, and Silver Lake, has made a debt swap, reducing its overall debt by approximately $225m.
Domino effect
It was two years ago this summer that the repercussions of financial engineering first started reverberating through the system. It has been a protracted process. The long-awaited wave of defaults is starting to take shape, with levels doubling in Q1...
Essent Milieu auction scrapped
It is understood that Essent has decided against the sale of its waste management division, Essent Milieu, stating that the offers were too low.