Portugal
Muzinich holds first close for Iberian debt fund
SME-focused vehicle has raised €80m
Cabot Square, Eurofun acquire BPN Crédito for €36m
Consumer finance business to undertake acquisitive growth strategy
Bain and Apax miss out in Portugal Telecom race
Altice enters exclusivity agreement after €7.4bn offer
Bain, Apax bid for Portugal Telecom
Bid is higher than that made by Altice
Aurelius opens Madrid office
Investment holding firm hires Inova's Uriarte to head new office
Springwater buys Espírito Santo Viagens
Springwater is expanding its footprint in the Iberian tourism industry
Portobello closes third fund on €375m
Vehicle is GP's first since spinning out from Ibersuizas
Faber and Portugal Ventures invest $1m in Passworks
VCs also recently joined in round for Liquid
Faber and Portugal Ventures inject $1m into Liquid
Company to use funding to make new hires and expand platform
Octopus leads £700,000 seed round for UniPlaces
Octopus Investments has backed student accommodation booking platform UniPlaces in a £700,000 seed funding round.
Vallis joins Inter-Risco in 32 Senses
Vallis Capital Partners has provided expansion capital to Portuguese dental business 32 Senses.
Riverside sells Oni to Altice
The Riverside Company has sold its 60.9% stake in Portuguese telecommunications company Oni Telecom to investment company Altice.
Southern Europe unquote” May 2013
Italian businesses are struggling. In the first quarter of the year, 4,218 Italian firms went bankrupt according to financial newspaper Il Sole 24 Ore; a 13% increase on the same period in 2012.
Southern Europe unquote” April 2013
At a recent industry conference, a handful of international investors described Spain as one of the most attractive markets in Europe at the moment.
Iberian private equity: special report
Enthusiasm for Iberian markets has returned lately, with some international investors in the audience of a recent industry conference citing Spain as the most attractive target for private equity. The government’s structural reforms have reassured GPs...
Southern Europe unquote” March 2013
Portuguese private equity hit an all-time low in 2012. While most investors made a full retreat, those that remained stumbled through the economic turmoil and completed just two transactions.
Portugal’s export credentials lure GPs back
Portugal's export edge
Blackstone appoints new MD for Iberia
Blackstone has appointed Inaki Echave as managing director, with a primary focus on Spain and Portugal.
Southern Europe unquote” February 2013
“The 2006 acquisition of Avio represented what today remains the largest leveraged buyout ever completed by a single private equity house in Italy,” says Roberto Italia, partner at European buyout house Cinven.
N+1 buys Probos from Explorer
N+1 Private Equity has acquired Portuguese plastic band manufacturer Probos in a €75m SBO from Explorer.
EIF and Oquendo to launch €100m Iberian fund
Spanish bank Banca March, the European Investment Fund (EIF) and Spanish Iberian mezzanine provider Oquendo Capital are to raise a fund to back local SMEs, according to local reports.
Southern Europe unquote" December 2012/January 2013
The sixth annual unquote” Italia Private Equity Congress took place in November at the Four Seasons in Milan, bringing GPs, LPs and advisers together to discuss the issues shaping the industry.
Critical Ventures backs Watchful Software
Critical Ventures I Fund, in conjunction with Critical SGPS, has provided funding for Portugal-based information security technology company Watchful Software.
Southern Europe unquote” November 2012
After a bleary-eyed summer, Southern European deal activity awoke in October with a notable increase in both volume and value.