US
GP Profile: Baird Capital puts lower-middle-market niche and global expansion offering to work
GP’s flexible deal structure proposition resonates particularly well with founders in the current environment, Michael Holgate told Unquote
Cathay holds final close on USD 270m for PE growth fund
France-based GP’s latest private equity fund expands its geographical focus to North America
Keensight Capital opens US office
New Boston base will allow growth buyout investor to support US expansion of its portfolio companies
Inflexion’s Scott Dunn valued at GBP 121m in trade exit
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
PAI Partners to acquire IFF’s Savory Solutions in USD 900m deal
GP is investing in the artificial aromas and flavours manufacturer via latest flagship fund
SVPGlobal poaches Beach Point Capital’s Himot
Following a 12-year tenure at Beach Point, Himot joins forces with the US-based investment firm
StepStone Group gears up for next Tactical Growth Fund
Predecessor primary, secondaries and co-investment vehicle held a final close in 2021 on USD 690m
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
Bain gears up for sixth European buyout fund
US-headquartered GP held a final close for its previous European fund in 2018 on EUR 4.35bn
StepStone holds USD 690m final close for STGF III
STGF III will make fund, secondary and co-investments, focusing on technology and healthcare
Riverside hires Cole as fundraising and IR head
Allison Cole was previously head of fundraising and investor relations at Lightyear Capital
PE-backed Inmarsat sold to Viasat in USD 7.3bn deal
Apax Partners, CPP, OTPP and Warburg Pincus acquired Inmarsat via a take-private in 2019
3i scores 47% IRR on Magnitude sale
Sale to US trade player Insightsoftware generates proceeds of USD 477m
SGT, Tyrus announce strategic partnership
Collaboration will focus on capital markets-related PE deals in the US and Europe
Illumnina Ventures closes second fund on USD 325m
VC operates independently from US business Illumina, a genetic variation and function technology firm
3TS holds first close for Fund IV
Growth fund has a EUR 150m target and expects to announce its first investment shortly
H&F holds USD 24.4bn final close for 10th fund
Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn
HQ Capital closes Auda Co-Investment Fund II on $210m
North America-focused fund held a first close in June 2020 and has made 20 investments
Dorilton launches venture strategy to target tech companies
Dorilton Ventures will lead significant minority investments in early- to mid-stage data-centric technology companies
Summa-backed Olink files for US IPO
Olink has been backed by Summa Equity since March 2019 and increased its revenues by 16.7% in 2020
Zubr Capital, EBRD exit Targetprocess
Sale to Appito, a Vista Equity Partners portfolio company, is the first exit from Zubr's debut fund
Aleph, Crestview back Framestore's acquisition of C3M
The two GPs in 2014 formed a €1.2bn strategic alliance to invest in companies based in the UK and Europe
Five Arrows, TA-backed RLDatix acquires Verge Health
Verge Health's Mt Pleasant-based management team will stay on following the transaction
Morningside leads £40.6m series-B for Immune Regulation
Morningside's Isaac Cheng will join the company's board of directors