Advent International
PE-backed Trustpilot to list in H1 next year – report
Danish internet company could reportedly be listed at a valuation of $1bn
Gimv exits Eurocept homecare division
Exit has no significant impact on the net asset value of Gimv as of 31 March 2020
CVC, Advent, FSI win exclusivity for Serie A
Consortium plans to acquire a 10% stake in a new media company, which will manage Serie A's broadcasting rights
Advent to commit CHF 415m in Dufry rights offering
If approved, the offering would see the GP acquire a minority stake in its former portfolio company
Apax, Fortress, Three Hills to bid for Serie A - report
Bidders join other PE firms that have shown interest in Serie A, including CVC, Bain and Advent
Advent buys 30% stake in Aareon
Deal gives the property software company an EV of €960m, with Advent's stake valued at €260m
Advent International acquires stakes in Hermes UK and Germany
GP reportedly pays тЌ1bn for the two stakes in the parcel delivery firm
VCs sell stakes in Kandy Therapeutics to Bayer
Backers included Advent Life Sciences, Fountain Healthcare Partners, Forbion, OrbiMed and Longitude
BD-Capital appoints Advent's Grimmelt as head of Benelux
In his new role, Bram Grimmelt will lead the firm's investment activities across the Benelux region
Centerbridge-backed Farmafactoring buys PE-owned Depobank
Depobank will be merged into BFF and the GPs will own a stake of 7.6% in the combined entity
Thyssenkrupp Elevator consortium seeks additional equity investors – report
Advent, Cinven and RAG Stiftung agreed to buy the company in February in a deal valued at €17.2bn
Nord Capital exits Stadline to trade
Sale ends a five-year holding period for Nord Capital, which controlled a minority stake in the company
How private equity is helping fight the Covid-19 outbreak
A round-up of initiatives by GPs across Europe т and their portfolio companies т to help their communities
Advent International announces $25m Covid-19 relief fund
Senior members of the private equity firm personally contributed to the fund
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
KKR, Henkel in final bid for Coty nail and hair – report
Advent and a consortium of Cinven and the Abu Dhabi Investment Authority reportedly left the process
Advent hires new lead for European consumer team
Chavanne joins from TowerBrook, where he most recently served as a managing director
Advent, Cinven and RAG-Stiftung buy Thyssenkrupp Elevator
€17.2bn deal is the largest ever PE buyout in Germany, and the third-largest ever recorded in Europe
Thyssenkrupp receives elevator unit bids from two consortia
€16bn deal would be the largest in Germany’s history and the third highest ever in Europe
IPEM TV 2020: Advent's Johanna Barr on navigating fund pitches
Managing director and global co-head of limited partner services shares key takeaways from her panel
Advent completes £4bn acquisition of Cobham
Advent drew equity from its $17.5bn Advent IX vehicle, which writes equity tickets of $100m-1bn
Lone Star in talks to acquire BASF's chemicals division
Final stage of the auction process comes after BASF began looking for a buyer at the end of 2018
Advent's £3.9bn Cobham take-private likely to go ahead
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
PE-backed Visma buys Unit4's VerzuimSignaal
Bolt-on will strengthen Visma's position in the absenteeism management market