News
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
EQT explores strategic options for Banking Circle
Options include a private sale and a merger with a blank-cheque company, as well as a listing via IPO
KKR readies German auto parts maker Tekfor for September sale
KKR attempted to exit Tekfor around two years ago in a sale process that was ultimately inconclusive
De Cecco attracts interest from ProA Capital, denies talks
Private equity firm is keen on acquiring a minority interest in the pasta maker, sources say
Bridgepoint lists in GBP 2.9bn IPO
GP's existing shareholders will be selling 139.7 million existing ordinary shares
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
Bowmark Capital expands team
Jessica Collins, Ben Culverwell, Jamal Lakhani and James Swainston join as investment executives
Investindustrial's Lifebrain nears sale to Cerba HealthCare
Parties are in final-stage talks, with signing set to take place in the next couple of days
Silverfleet calls off fundraise for third fund
GP intends to focus on follow-on investments and realisations in its existing portfolio
Ermenegildo Zegna merges with Investindustrial-backed Spac
Merged entity will have an anticipated initial enterprise value of USD 3.2bn
EQT to collect non-binding offers for Adamo next week
Ardian is also among the suitors interested in submitting an NBO, one source says
Sponsors in race for Laird Thermal Systems
Sale of the German business is moving into an interim round with confirmatory bids due 21 July
CVC Credit finances Livingbridge's World of Books buyout
Livingbridge bought the UK-based online reseller of secondhand books from Bridges Fund Management
Tikehau appoints Cabanis as deputy CEO
Cabanis will join from her role as executive vice-president at Danone
JS World Media sale in home stretch, bidders include sponsors
Danish PE house Catacap and its German counterpart Findos are among the final-round bidders
One in four LPs willing to trade lower performance for better ESG - survey
ESG-focused LPs "motivated to divest positions in funds where they perceive ESG efforts to be lacking"
Phoenix promotes Squires to partner, three to investment director
James Chiang, Richard Hill and Victoria Wain are promoted to investment director