News
Cairngorm eyes £200m final close in July
Fund's predecessor, Cairngorm Capital Partners II, reached a final close on £107.5m in April 2017
ICG invests in $80m round for Eliem Therapeutics
This is the first investment made by ICG Life Sciences, which was launched in January 2021
Stirling Square clinches Medisup deal – report
Deal reportedly values the French medical education business at around €350m, or 14x EBITDA
Ardian buys LP interest in Bregal Freshstream
Freshstream I is a fund established in 2015 with €600m in commitments, and targets mid-market companies
Bridgepoint sells US-based Calypso to Thoma Bravo
Deal values the financial services software firm at $3.75bn, according to several media reports
Litorina-backed Embellence Group to list
Listing comes more than a decade after Litorina acquired a 66% stake in wallpaper manufacturer ECO-Boråstapeter
UVC Partners set for Q2 2021 final close for third fund
UnternehmerTUM Fonds III is targeting €150m and held a first close in October 2020 on €108m
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Target Global heads for Growth II final close
Fund will make series-B and -C investments; it has a target of €400m and a hard-cap of €600m
Newion to start raising two new funds in Q4
Larger fund will support seed and series-A rounds, while the other will target more mature companies
NB Renaissance Partners III raises €950m, close to hit target
Fund acquires majority stakes in companies operating across a wide range of sectors, primarily based in Italy
Investcorp lines up second Europe-dedicated fund
Previous fund was set up in 2019 with Coller to transfer six companies acquired on a deal-by-deal basis
LDC hires new origination director
Craig Hinde joins the firm's Midlands team from Inspired Thinking Group
Earlybird heads for Growth Opportunities final close
European VC investor is also fundraising for its latest Digital West and Health funds
Register for the Private Debt Secondaries virtual event
Tune in to listen to leading industry participants as they discuss the outlook for private debt secondaries on Thursday 25 March at 2pm GMT
CVC eyeing AR Packaging sale - report
GP has reportedly engaged an adviser to solicit interest and has collected non-binding bids
Permira gears up for second Growth Opportunities fund
Fund is expected to follow the same strategy as its predecessor, which closed on $1.7bn in June 2019
Ion, GIC launch €1.86bn takeover for Cerved
Cerved will be de-listed from the Italian stock exchange if the offer is successful
Passion Capital opens third fund to retail investors through Seedrs
Passion launched the fund in late 2017 and has already made 11 deals through the vehicle
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Bure launches first Swedish SPAC, aims to raise SEK 3.5bn in IPO
Bure says the initiative has been enabled by Nasdaq Stockholm's new SPAC regulations
Italian GP Arcadia to start marketing new fund by end of 2021
Arcadia's third fund will be larger than its predecessor, which closed on €80m in 2019
Ropes & Gray adds partner, counsel to private funds team
Emily Brown joins the law firm as partner, while Chris Townsend is hired as counsel
Majority of LPs happy to commit without in-person meeting – survey
Cebile Capital survey finds that 51% of respondents expect to increase PE commitments in 2021