News
Primary's ICS Learn to be acquired by IK-backed Skill & You
Company was expected to fetch a mid-teens EBITDA multiple, indicating an EV of around GBP 150m
Earth Capital hires new head of investment
Sustainable private equity firm Earth Capital promotes Avent Bezuidenhoudt to head of investment
TPG sets pricing for USD 9.5bn IPO
Private equity firm hopes to raise USD 877m by selling 28.3 million shares on the Nasdaq exchange
Gyrus Capital's Essential Pharma refinances, inks two deals
In parallel with the refinancing, Essential Pharma completed two M&A deals in December
Mandarin's Italcer to collect NBOs in early January
Company will be marketed off EUR 65m EBITDA expected for 2021 and more than EUR 70m for 2022
Norvestor registers two funds
Nordic-focused GP has registered flagship fund Norvestor IX, as well as Novestor SPV II
Perusa eyes Müpro exit
Formal sale process is expected next year with IMs to be distributed in the first half of 2022
Cegid sponsor could pursue IPO among mid-term exit options
Mandates could be awarded in the first half of next year, one source says
Hayfin exceeds EUR 2bn target for Special Opportunities Fund III
Credit fund will target opportunities arising from post-pandemic dislocation
Pureos Bioventures to raise new fund in 2022
VC firm will likely start fundraising next year once its first fund is fully invested
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman
BC's Springer Nature to begin sale of road safety assets in 2022
Investment in Springer Nature Group was extended into a continuation fund in June
ArchiMed preps Bomi auction
ArchiMed launched a EUR 70m takeover bid for Bomi in March 2019
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
Auction for Bridgepoint's Element to kick off next year
Sale of Element Materials Technology is likely to be highly contested by other private equity firms
GL Education attracts large-cap PE firms ahead of Q1 sale
Baird is advising incumbent sponsor Levine Leichtman Capital Partners on the exit
Aurelius in conversations with sponsors for NDS Group exit
Aurelius acquired NDS Group, then called Hellanor, from Nordic Forum Holding in 2018
Turkven, Earlybird to reduce Mikro Yazilim stakes in upcoming IPO
Mikro Yazilim, a Turkey-based software company, intends to float a 54.34% stake on Borsa Istanbul
Sale of LBO France's Payot gets under way
French skincare company, founded in 1920, generates around EUR 5m in EBITDA
Armira closing in on purchase of IK Multimedia
Munich-based sponsor was in a head-to-head battle with Bregal in the late stages of the process
VC firm BGV kicks off fundraise for second growth fund
Upcoming fund will invest 80% of its target size in BGV's existing portfolio companies
Emeram forms EUR 100m continuation fund for Boards & More
Coller Capital has led the deal, joined by existing LPs from Emeram's 2013-vintage debut fund
Rutland exploring dual-track exit for Omar Group
UK-based builder of park homes and luxury lodges is expected to come to market in Q1 2022
La Maison Bleue sale on ice following lacklustre first round
Process is likely to be resumed later in 2022, one source says