Unquote
Saga closes fund-of-funds on EUR 720m hard-cap
Saga was founded by three former employees of Danske Bank's private equity department
KKR invests in Körber
Körber is a global supply chain software business founded in 1995
Hg invests in Bowmark-backed Pirum
Hg and Bowmark share joint control of Pirum with the company's management team retaining a significant stake
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Triton secures €1.45bn syndicated ESG-linked facility
Triton is the latest in a string of mainstream GPs to have announced ESG-linked loans this year
KCP hires new investment manager
Private equity house Key Capital Partners hires Sandeep Banga as investment manager in its London office
Q3 Barometer: PE scales new heights
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
Eir closes life sciences venture fund on EUR 122m
Nordic-based Eir Venture Partners has held a final close on EUR 122m for Eir Ventures I
PE firms study rivals' IPOs as they consider options
Recent slew of peer listings such as Bridgepoint and Petershill inspire key players as they mull options for their own businesses
Felix hires two new partners
Venture capital firm Felix Capital appoints Susan Lin and Julien Codorniou as its new partners
Inflexion reaps 6x on Halo trade sale
Inflexion accrues a 53% IRR from the sale of the network components manufacturer
Unquote Private Equity Podcast: To 12x and beyond
The Clearwater International Multiples Heatmap reveals that average entry multiples broke new records in Q3, on the back of a still-buoyant M&A market
LDC sells SRL Traffic Systems to 3i Infrastructure
LDC is to sell SRL Traffic System, a UK-based provider of portable and temporary traffic equipment, to 3i Infrastructure
Triton hires new CFO
Matthew Couch is set to join Triton as CFO in December
Average fund size reaches new heights amid stark market bifurcation
Average buyout fund close for 2021 stands at EUR 1.33bn, more than double the EUR 629m recorded in 2017
FSN sells EET to Pamplona in SBO
Pamplona Capital Management has agreed to acquire Nordic technology distributor EET Group from FSN Capital in a secondary buyout.
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
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
Bain gears up for sixth European buyout fund
US-headquartered GP held a final close for its previous European fund in 2018 on EUR 4.35bn
Spotlight on Spacs: Mobility sector ready to ride
With investors pressing for shorter merger deadlines, mobility-focused targets may fit the bill just fine
HSBC closes secondaries fund on more than USD 1bn
HSBC had previously raised USD 1.34bn for its first secondaries fund
PE funds rework packaging investments around ESG concerns
Can private equity's decades-long love affair with the packaging industry last?