News
Placement agent Ermitage appoints new managing partner
Jerome Bouix joins from Scala Fund Advisory, where he was managing partner
Morrisons adjourns shareholders' meeting, CD&R still looking at offer
Clayton Dubilier & Rice has asked that it be provided with more time to consider its options
Palladio, NB Renaissance considering Rina exit ahead of IPO
An IPO remains the sponsors' preferred exit option, sources say
France's Atos circled by private equity firms
Cinven is among PE firms looking at a potential take-private of the Paris-listed consultancy
Getir investors to cash in USD 100m with secondary sale
Stake being sold amounts to around 1.3% of Getir's total share capital
Real Madrid confirms opposition to CVC investment in La Liga
CVC is to acquire a minority shareholding in the new venture for EUR 2.7bn
Bain-led consortium enters discussions for Rolls-Royce's ITP unit
Bain-led consortium that includes local player Sener is poised to take over ITP with a EUR 1.6bn bid
Secondaries activity rebounds to record USD 55bn in H1 – survey
Direct secondaries account for the majority of transactions for the first time ever, says Setter Capital
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 GCAтs 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