Unquote
Mizuho acquires placement agent Capstone
US investment bank intends to strengthen its service offering for financial sponsors
Sequoia, Fidelity in EUR 628m investment round for Bolt
Ride-hailing service reaches a valuation of EUR 7.4bn, up from EUR 4bn at its last funding round in August 2021
Nordic Capital invests in PE-backed RLDatix
Existing investors TA Associates and Five Arrows will retain their majority stake in the business
Tiger Global, TCV et al. in EUR 486m Series D for Qonto
Tiger Global and TCV led a Series D round alongside eight new investors
KKR closes USD 4bn healthcare fund
Health Care Strategic Growth Fund II is the successor to HCSG I, which closed in November 2017 on USD 1.45bn
PE activity reaches EUR 392bn in record-breaking 2021
Q4 may have shown signs of a market slowdown, but 2021 nevertheless stands out as a phenomenal year for PE deployment across Europe
Permira to offload 6.5% stake in Dr Martens
Permira will offload approximately 6.5% stake in Dr Martens via accelerated bookbuild
Earth Capital hires new head of investment
Sustainable private equity firm Earth Capital promotes Avent Bezuidenhoudt to head of investment
TPG sets pricing for USD 9.5bn IPO
Private equity firm hopes to raise USD 877m by selling 28.3 million shares on the Nasdaq exchange
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
IK Partners acquires e-commerce specialist Stein HGS
IK acquires its stake in the e-commerce company from Lennertz & Co, which will reinvest
Pollen Street, BC Partners consider IPO for Shawbrook Bank - report
UK-based retail and commercial bank could achieve a valuation higher than GBP 1bn if floated or sold this year, according to reports
Happy Holidays from the Unquote team
Check out a selection of our most impactful recent content, before the team returns on 4 January to resume covering the latest European PE news
CVC invests in FutureLife
CVC acquires a co-controlling stake alongside current investor Hartenberg Holding
Clessidra acquires Impresoft
Impresoft was expected to have an enterprise value between 9x-11x its 2021 EBITDA
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
Hayfin exceeds EUR 2bn target for Special Opportunities Fund III
Credit fund will target opportunities arising from post-pandemic dislocation
2022 Preview: Sponsors toast to incredible year, but remain wary of hangover
Many sponsors are anticipating that 2022 could be just as busy as 2021, in spite of mounting headwinds
ArchiMed buys lab analysis company Carso
Selling shareholders include private equity firms EMZ Partners, Etoile ID, Unigrains, Raise and Siparex
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
Atomico et al. in USD 200m Series D for Infarm
Vcs raised USD 200m in Series D for Infarm at a valuation of over USD 1bn
MVI closes MVI Fund II above target
MVI Advisors has held a final close for its second fund on SEK 1.1bn
Argos Wityu acquires majority stake in Groupe Fedd
GP bought its 90% stake in the electronics specialist via Argos Wityu Mid-Market VIII
VC firm BGV kicks off fundraise for second growth fund
Upcoming fund will invest 80% of its target size in BGV's existing portfolio companies