News
Raymond James buys Cebile Capital
With the addition of Cebile to its investment banking division, Raymond James expects to further expand its service offering
Vectura board greenlights £958m Carlyle offer
Vectura Group is a listed, UK-based developer of inhaled drug delivery devices
Chubb Fire & Security draws Bain-Advent consortium in £2bn sale
Previous process was halted in 2019 after bidders submitted lower than expected offers
Procuritas hires Carl Settergren as partner
Settergren joins from PAI Partners where he worked for 11 years and led various large-cap deals
Oaktree provides €275m in financing to Inter Milan
Following the deal, Suning and LionRock pledge their stakes in the company as collateral
RBS appoints new fund finance director in Luxembourg
Bank appoints Philip Prideaux to drive its Luxembourg funds banking offering
Eurazeo to ramp up divestments over next 24 months
Firm also expects fundraising to exceed the previous record of €2.9bn set in 2020
Polaris launches flexible capital strategy with DKK 1bn fund
GP starts raising a DKK 1bn fund for the new strategy and plans to hold a first close after summer this year
Management buys majority stake in Aurica Capital
GP is currently investing its third fund, which is dedicated to growth capital investments in mid-market companies
OpenGate heads for third fund launch targeting up to $700m
GP is currently investing its second fund, which held a final close on $585m in November 2019
Mobeus hires three in growth team
Investment director Joe Krancki joins from Frog Capital, where he was a partner
Creandum expands investment team in Stockholm and London
Sabina Wizander returns to Creandum as partner after spending four years at portfolio company Kry
Appian Capital appoints Pinto as chief financial officer
Pinto will lead the investment strategy of Appian, which specialises in assets across the mining sector
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Alpha appoints Zanotelli as director in Italy
In his new role, Livio Zanotelli will focus on identifying new investment opportunities across Italy
Sanne rejects Cinven's £1.3bn offer
Cinven's proposal amounts to 830 pence per share, representing a 37.6% premium to Sanne's shares price of 603 pence
Digital+ Partners gears up for fundraise
GP focuses on later-stage B2B technology companies and closed its previous fund in 2018 on €350m
Taaleri prepares bioindustry-focused fund launch
Fund will typically invest тЌ5-25m and will look at both majority and minority situations
Apposite Capital announces new appointments
Talent and human capital director and investment manager are among the new appointments at the UK-based GP
Bain's Parts Holding Europe files for IPO
PE-backed IPOs have been scarce in France in the past five years, according to Unquote Data
Eurazeo sells 49% stake in Trader Interactive in $1.6bn deal
With this sale, Eurazeo reaps a 1.5x return on its initial investment, made in 2017 alongside Goldman Sachs
Hg-backed MeinAuto postpones IPO
Car sales platform cited "currently adverse conditions for high-growth companies" in a statement
ABN Amro backs ESG-linked facility for AlpInvest
Facility is for AlpInvest Co-Investment Fund VIII, with interest payments linked to ESG performance
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m