Exclusive
Swen holds EUR 150m first close for impact fund Swift 2
Swen's third impact fund is EUR 50m committed after just one month on the road
Summa holds EUR 2.3bn final close for Fund III
GP will continue its focus on resource efficiency, changing demographics, and tech-enabled companies
Cherry holds first close for EUR 300m growth fund
Almost two thirds of Cherry IV's capital will be reserved for follow-on investments
CBPE Capital invests in Direct Commercial Group
Company's founding CEO remains the majority shareholder in the insurance broker
Blossom holds USD 432m final close for third fund
VC will continue its focus on Series A investing in Europe, backing sectors including cryptocurrency
Buy-and-build a "super opportunity" for PE in healthcare services – panel
Dermatology, ophthalmology and diagnostic imaging all present attractive consolidation opportunities, panellists said
S4Capital, Stanhope launch S4S Ventures fund
S4Capital and Stanhope Capital will act as GPs for the marketing and advertising technology fund
Verdane closes debut impact growth fund on EUR 300m
Verdane Idun I will deploy tickets in a sweet spot of EUR 10m-15m, making 20-25 deals in total
Miura acquires majority stake in Educaedu
Miura acquires 85% from Growth Hill Partners in Educaedu, while management reinvested for 15%
Petershill IV closes on USD 5bn
Petershill Partners is operated by Goldman Sachs Asset Management and buys minority stakes in GPs
Golding holds EUR 280m close for first secondaries fund
Fund will target small- and mid-cap LP stakes and GP-led secondaries, and has made 14 deals to date
ArchiMed launches second mid-cap fund
Med Platform II will aim to make 8-12 investments in the mid-market, and will be larger than its EUR 1bn predecessor
Sprints Capital holds EUR 525m final close for Fund IV
Growth fund has made two deals to date, including refurbished electronics marketplace Back Market
Azulis closes MMF 6 on EUR 280m
MMF 6 is already 22% deployed, having invested in four companies in 2021
Astorg Partners invests in Armor Iimak
Auction process for the packaging-printing specialist kicked off in early November 2021
IK hires 3i's Pete Wilson to launch UK mid-cap strategy
European PE firm simulataneously promotes five new partners across its London, Stockholm and Paris offices
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
Adelis acquires majority stake in Westpack from Capidea
Adelis acquires an 83% stake in the packaging company from Capidea, while management reinvest 17%
Verdane reaps 4x in USD 360m Brightpearl exit
Shareholders including Cipio Partners and Notion Capital are also selling their stakes to Sage Group
Evoco holds final close for third fund
Switzerland-headquartered GP acquires lower-mid-market companies via portfolio deals
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
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
Pureos Bioventures to raise new fund in 2022
VC firm will likely start fundraising next year once its first fund is fully invested
MBO & Co closes fifth fund on EUR 320m
GP's latest SME-focused fund took six months to raise and closed above its target