News
CVC to secure 10% La Liga stake for EUR 2.7bn
Sale still requires approval from the league's executive committee and clubs
PAI buys PepsiCo US juice brands for USD 3.3bn
Deal also includes an irrevocable option to sell certain juice businesses in Europe
KKR hires new director in London
Michaela Wood joins KKR after six years at CVC Capital Partners
TA buys Smiths Medical from parent Smiths Group
Deal gives the medical subsidiary a USD 2.3bn enterprise value
Houlihan Lokey to buy GCA
GCA Altium and GCA’s US business will operate under the Houlihan Lokey brand
Sanne board to recommend Apex offer
Should Apex make a firm offer, Cinven would have to significantly up its own bid for the fund administrator
PAI explores Refresco exit
Paris-based private equity firm is exploring options around a dual-track process
Bregal Milestone to launch second fund
European growth technology investor held a final close for its debut vehicle in 2018 on EUR 400m
Wm Morrison shareholder JO Hambro to decline Fortress takeover offer
JO Hambro say the offer is below the 270p level that would be worthy of consideration
Qualium sells La Foir'Fouille stake to manager and funds - report
Deal values the French discount retailer at between EUR 150m and EUR 200m
Novalpina to lose control of EUR 1bn debut fund
GP was founded in 2017 and is notably invested in Israeli spyware business NSO Group
Carlyle raises USD 18.2bn in H1 2021
Increase in AUM is principally driven by a strong haul for the real estate and credit strategies
Bridgepoint explores Anaveo exit, initial bids due imminently
Financial sponsors showing preliminary interest include 3i, PAI and Motion Equity Partners
Allego to go public via merger with Apollo-sponsored Spac
Transaction values Allego at a pro forma equity value of USD 3.14bn, including a USD 150m PIPE
Capiton raises top-up single asset fund for KD Pharma
GP completed its first single-asset deal for KD Pharma in 2019, having acquired the company in 2013
Eurazeo at 70% of target for EUR 1bn PME IV fund
Fund has already secured more than EUR 700m, including EUR 400m from Eurazeo's balance sheet
Mandarin Capital mandates advisers for Italcer sale
Sale will kick off later in the year, targeting both private equity firms and industry players
Eurazeo NAV per share hits record high
AUM grew by +39% over the 12 months to June 2021, to reach €25.6bn
ICG takes EUR 1.45bn ESG-linked facility for Europe VIII
Standard Chartered Bank was coordinator and mandated lead arranger on the facility
Permira registers eighth flagship fund
GP could be aiming for more than USD 15bn, up from EUR 11bn for Permira VII, according to an earlier report
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Bayer ESP eyed by Bain, Cinven ahead of post-summer sale launch
Bayer could expect to fetch in excess of EUR 2bn for ESP, two sources say
IGI to assess strategic options for Nuovaplast
Manufacturer of PET preforms Nuovaplast attracted unsolicited approaches by European industry players
Apax advised by UBS on Wehkamp exit
Dutch online warehouse Wehkamp is expected to come to market in H2 2021
