Permira
Buyout rankings: who has invested most across Europe since April?
EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil
BVCA summit: fund financing boom necessitates tailoring
Market participants discuss IRR-enhancing tactics, emergency liquidity and negotiations with LPs
Insights from the BVCA summit: PE open for business
On general themes, such as fundraising, market participants were positive about the future of the market
Permira-backed Allegro lists with market cap of €9.8bn
Allegro intends to use the proceeds, alongside a new credit facility, to repay its existing debt
UK deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in the UK, courtesy of Unquote sister publication Mergermarket
Apax sells Neuraxpharm to Permira
Deal values the company at more than €1.6bn and is set to generate returns for Apax of 3.5x money
Klarna valued at $10.6bn after $650m round led by Silverlake
Valuation makes it the highest-valued private European and the fourth-highest in the world
PE-backed Allegro announces intention to float
Poland-based e-commerce platform backed by Cinven, Permira and Mid Europa reportedly aims for €10-12bn valuation
Permira buys majority stake in EF Kids & Teens
Switzerland-headquartered company runs language schools and online learning in China and Indonesia
Allegro's PE sponsors plan IPO
GPs jointly acquired Allegro from South African media group Naspers for $3.253bn in October 2016
Warburg Pincus invests >£250m in S&W merger with Permira's Tilney
Despite changes in the capital structure, the merger's ТЃ1.8bn price tag will remain the same
Coller leads $829m GP-led secondary deal for Permira IV
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Secondaries sea change: Backing your winners
What was once the preserve of the underperformer is now shifting towards the prized asset
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Permira places €704m TeamViewer shares block
Shares in the remote working software company were priced at €32 apiece
Tender offer now out in Permira IV's GP-led process
Current offer is part of a GP-led secondaries process – which began last year – for the remaining assets of Permira IV
Carlyle sells Golden Goose to Permira
Sale ends a three-year holding period for the GP, which bought the company via CEP IV and AGP V
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
Permira sells Duff & Phelps for $4.2bn
New York-based Duff & Phelps is a business service that employs 3,500 people globally
Hg buys P&I in €2bn deal
GP previously backed the German provider of cloud-based HR software from 2013 to 2016
Permira appoints Pascalizi as co-head in Italy
In his new role, Pascalizi will lead the firm's Milan office alongside co-head Fabrizio Carretti
Permira hits €11bn hard-cap for seventh fund
Permira VII was launched in January 2019 with a тЌ10bn target, which was reached in September
Permira-backed TeamViewer IPO oversubscribed
TeamViewer announced its intention to float at the end of August, and recently set a pricing range
Permira-backed TeamViewer announces IPO
Teamviewer only offering existing shares and expects the offering to be completed by year end