News
Vast majority of LPs plan to increase impact allocations – survey
HarbourVest's 2021 ESG, Sustainability, and Impact Investing Survey collated responses from 130 LPs
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Startup Wise Guys raising up to EUR 52.5m across three funds
Estonian VC is raising Cyber Fund I, its second Challenger Fund and its Opportunity Fund II
Anaveo sale pulled despite late-stage talks with 3i
Competitive process stalls as vendor Bridgepoint's price expectations were not met, sources say
ECSO on lookout for LPs for EUR 1bn cybersecurity platform
ECSO aims to raise EUR 1bn by the third quarter of 2022, with the platform structured as a fund-of-funds
Carlyle gears up for next Europe Technology Partners fund
GP registers several Carlyle Europe Technology Partners V vehicles, with the most recent fund having closed in 2018
France's Apax appoints chief sustainability officer
Dominica Adam has taken up the newly created management position at the Paris-headquartered GP
3i scores 47% IRR on Magnitude sale
Sale to US trade player Insightsoftware generates proceeds of USD 477m
Agilitas makes four new hires
Amol Judge, Nadja Goldbach, Niklas Quadt and Verdeep Dost join the investment team
CapMan Wealth Services forms Investment Partners Fund
EUR 90m fund will invest in cooperation with AlpInvest, backing US mid-market funds chosen by the GP
AutoForm sees Permira join bidder pool ahead of NBOs next week
Carlyle, KKR, EQT, Hellman & Friedman and Francisco Partners were previously reported as potential bidders
Practica Capital plans new fund launch in 2022
Third-generation fund could be 1.5x to 2x larger than its predecessor
Dunedin team moves on as firm winds down
Mid-cap GP has seen 18 team members depart this year, including three partners, following the decision to halt the fundraise for its fourth vehicle
Ambienta launches Nactarome sale, teasers out
Auction for the Italian ingredients producer was initally expected to be launched in early 2022
Mirova contemplates first growth fund as follow-up to ESG vehicle
Firm is eyeing the launch of a growth fund once its recently launched ESG vehicle reaches 75% deployment
IK hires Lazard to advise on Linxis sale
IK acquired Linxis Group (then Breteche) from Cerea Partenaire, Capza and Equistone in July 2015
IK Partners likely Conet buyer as HIG Europe concludes sale
Sponsor submitted a 15x EBITDA offer to acquire Conet, two sources say
Garnica sponsor ICG targets November for sale launch
Vendor has delayed the process in order to build up visibility on its 2021 results, one source says
Idea Taste of Italy contemplates Gelato d'Italia sale
Idea Taste of Italy acquired a stake in Gelato d'Italia – then trading as Indian – in May 2016
Turkven expects Turkey Growth Fund IV final close in mid-2022
Previous fund held a final close in 2012 with capital commitments of USD 840m
LBO France in EUR 500m Franco-Chinese venture with Haixia Capital
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI's Travel Chapter announces intention to float
ECI bought the asset from Phoenix less than three years ago
Asmodee already attracting PE interest ahead of November launch
Silver Lake, CVC, Advent and KKR are already set to join the race, sources say
Saverglass sale hits snag with remaining bidder Lone Star
future capex spend is a worry for bidders and lenders, sources say