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Italian GP Arcadia to start marketing new fund by end of 2021
Arcadia's third fund will be larger than its predecessor, which closed on €80m in 2019
Quantifying PE's appetite for recurring revenue models
Buyouts in sectors where recurring revenue models are predominant went from 8% of European volume in 2010 to 22% in 2021 to date
AM Ventures holds first close for 3D printing venture fund
Additive manufacturing-focused venture capital firm has a target of €100m for the vehicle
Sharp focus on top assets boosts average multiple in consumer sector
Covid-resilient assets are the only ones coming to market, with suitably hefty price tags, says Clearwater's O'Donnell
Beyond Capital Partners sells Sysob to trade
GP invested in the IT equipment distributor in 2016 via BCP Fund I; it is on the road for Fund II
Iron Wolf Capital eyes €30m-plus fund launch after 2023
Baltic venture capital investor raised €21m for its first fund in 2019
Pinova invests in Raynet
GP is investing in the IT service via Pinova II and plans to make two more deals from the fund
How UK PE buyouts soared ahead of 2021 Budget
Amount of dealflow in the past three months is significantly higher than in previous December-February periods
Miura sells Equipe Cerámicas to Mandarin's Italcer
Miura reinvests in the deal alongside Mandarin and retains a minority stake in the combined group
Nordic players await distressed carve-out uptick
Carve-out activity in the Nordic region hit a three-year low last year, but was still propped up mainly by corporates divesting healthy assets
Saga holds first close on €600m for eighth fund
GP started raising its latest fund in late September 2020 and plans to continue fundraising into Q2 of 2021
Pinova sells Human Solutions, Avalution to Bridgepoint's Humanetics
Deal is a partial exit for Pinova; the GP will retain fashion design software platform Assist
FII to launch €700m Agritech & Food Fund
Fund invests in companies across the food and agriculture sectors to boost their growth and technological development
Sofinnova Crossover Fund closes on €445m
Fund focuses on investments in later-stage biopharma and medtech companies that need capital to scale up
Bowmark, LDC sell Node4 to Providence
IT business was expected to fetch a valuation in excess of ТЃ300m, based on a 15x multiple
Biotech market provides dose of optimism
In the past year, the biotech market has seen buoyant activity, reaching record levels of investments
Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
Tikehau to become majority shareholder in Cruiseline
Following the deal, Montefiore retains a minority stake and a seat on the company's board
Beyond Black holds first close for Pledge Fund I
Following the тЌ20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund
NorthEdge invests in Distology
GP is investing from its ТЃ120m SME Fund, which held a final close in July 2018
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Virgin Wines floats in £110m IPO, Connection reaps 7.6x
Mobeus remains invested in the business, while Connection makes a full exit
No need to panic about high dry powder as PE market comes roaring back, says Bain
Appetite remains high for deal-making and exits, according to Bain & Companyтs 2021 Global Private Equity Report
France: strong deals pipeline fuels high average entry multiple
Sponsors fight tooth and nail for prized assets in defensive sectors such as healthcare, higher education and financial services