United States
OpenGate to buy Solvay subsidiaries in Europe and US
Solvay sold its Belgium-based strontium carbonate production unit to Latour Capital in November 2020
Wellington Hadley Harbor III closes on $1.8bn
In addition to the capital raised, the fund also has access to up to $400m from co-investors
Scale Venture Partners Fund VII closes on $600m
Fund targets software startups, with a special focus on cloud infrastructure, cybersecurity and AI
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor
Fountain Healthcare Partners III closes on €125m
Fund is dedicated to investments across the life sciences sector, with a focus on therapeutics and medical devices
Blackstone Core Equity Partners II closes on $8bn
BCEP II follows a long-hold private equity strategy, with an investment period of 15 years
Amplify raises $375m across two funds
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
Cathay leads $15m series-B for healthtech company Savana
Company plans to use the fresh capital to boost its international expansion and further grow its operations in the US
Levine Leichtman Capital Partners Europe II closes on €463m
Fund has already completed one investment and has two additional deals under contract
Sella holds €30m first close for debut VC fund-of-funds
Vehicle targets European, US and Israeli VC funds that invest primarily in early-stage rounds
White Star holds first close for $30m Digital Asset Fund
Fund invests in blockchain-enabled businesses at each layer of the tech stack, with a focus on Europe and the US
Providence launches leadership transition plan
Noell and Phillips are appointed as co-heads of North America, while Tabet and Tisdale become co-heads of Europe
Investindustrial, Black Diamond buy Hexion PSR for $425m
GPs intend to boost the company's growth and expansion, while further reducing its debt
Muzinich Pan-European Private Debt II holds €210m first close
Fund provides capital to lower-mid-market companies to fuel their growth and finance their expansion strategy
GP-backed SSI Diagnostica acquires CTK Biotech
Deal comes four years after the GP carved out SSI Diagnostica from the Danish government for DKK 250m
Ardian's Dedalus carves out DXC's healthcare division
Following this add-on, Dedalus will employ 5,500 people and generate revenues of around €700m
Mediobanca, Russell Investments launch third private market fund
Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors
Ardian's Frulact buys Sensient's yoghurt division
With this add-on, Frulact expects to consolidate its market position and further expand in the US market
Vista-backed Accelya bolts on Farelogix
With this add-on, Accelya expects to further expand its end-to-end platform for the airline industry
DC Advisory hires Bijoor as managing director
Bijoor joins DC Advisory from Guggenheim Securities, where he was a managing director
Francisco Partners raises $9.7bn across three funds
Funds target the technology industry, with a focus on software, financial technology and healthcare IT
Fenera & Partners launches three funds-of-funds
Funds invest in both secondary and primary vehicles across the US, Asia and northern Europe
Spectrum Equity IX hits $1.5bn hard-cap
Fund targets investments in internet-enabled software and information service companies
Aquiline Capital closes fourth fund on $2bn
Fund invests in North American and European businesses operating across the financial services sector