Analysis
AIFMD depositary services: banks vs. boutiques
AIFMD depositary
Deal in Focus: Astorg to buy Kerneos for €600m
The background work has finally paid off for Astorg Partners: after looking at a raft of deals in the past 12 months to no avail, the French GP has entered exclusive negotiations to acquire chemicals company Kerneos for €600m.
Video: DFJ's Sage on Europe's next big tech trends
Video: DFJ Esprit
LPs expect net returns of at least 11%
The majority of LPs anticipate annual net returns in excess of 11% over the next three to five years, according to the latest Coller Capital Global Barometer.
Direct secondaries: breathing new life
An industry-wide impetus is needed to resuscitate an ailing sector. Kimberly Romaine reports
Deal in focus: Kronomav raises €900,000 in equity and debt
Spanish robotics company Kronomav Sistemas has raised €900,000 from Clave Mayor, Inveready, government-backed innovation bank Enisa and the Ministry of Industry.
Deal in focus: Ardian and Consilium sell Rollon
In mid-November, after almost a year of negotiations, Ardian and Consilium sold Rollon, an Italian manufacturer of liner rails and actuators, to French GP Chequers Capital and Italian investor IGI.
Deal in focus: Advent offers €1bn to take Unit4 private
Advent International has put in a €1.17bn offer to take Dutch software company Unit4 private, becoming the latest example of private equity players recently discovering a taste for listed Benelux businesses.
Deal in Focus: Horizon Capital reaps 3.2x on Platinum exit
Horizon Capital has sold Ukrainian consumer loan provider Platinum Bank to a consortium of financial investors, after a seven-year holding period that saw the bank re-branding and re-focusing its strategy.
Italian dealflow wakes from slumber
Italian dealflow
Deal in focus: Seafort buys three firms from Auctus
Newly founded private equity house Seafort Advisers has kicked things off with a hat-trick of secondary buyouts from Auctus Capital Partners via a dedicated vehicle.
Deal in focus: MIG backs Ganymed in €45m series-E
MIG Verwaltungs has reinvested in biopharmaceutical company Ganymed Pharmaceuticals in a joint €45m series-E financing round, alongside family office ATS Beteiligungsverwaltung, in what marks the largest biotechnology early-stage investment in the DACH...
Deal in focus: Risk Capital buys Neilson from Thomas Cook
Risk Capital Partners' acquisition of Neilson Active Holidays from embattled holiday-operator Thomas Cook is a rare example of private equity being invited in.
Deal in focus: Northstar's Graphene Materials lists on AIM
Venture-backed Applied Graphene Materials (AGM), a mass-producer of new wonder material graphene – which is set to revolutionise the technology, medical, aerospace and even condom markets – has listed on AIM.
Deal in focus: 3i invests €110m in Basic-Fit
3i has invested in Dutch discount gym chain Basic-Fit, joining the raft of private equity firms clamouring to support the low-cost gym craze currently sweeping across Europe.
Corporate carve-outs boost Benelux deal values
Corporate carve-outs
French mid-cap dealflow stages comeback
French mid-market
The secondary buyout “selfie”
SBO "selfies"
Corporate finance fee structures: still working?
Corporate finance fees
Consilium kicks off Italian fundraising
Italian GP Consilium has launched its third fund, Consilium Private Equity Fund III. Hot on the heels of yesterday's exit from Rollon, the partners speak to Amy King about the upcoming fundraise
