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News

Frank Bretag of Duff & Phelps
Duff & Phelps appoints Bretag

Frank Bretag joins from Georgieff Capital Advisors and focuses on the industrial goods sector

  • People
  • 27 November 2020
Simeon George of SR One
SR One set to deploy $500m fund following GSK spin-out

CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities

  • GPs
  • 26 November 2020
Vera Kuhne of Klar Partners
Klar Partners hires Kuehne

Vera Kuehne joins the GP's London-based team

  • People
  • 24 November 2020
Stock markets are experiencing a small revival among private equity investors as a vendor
Investindustrial's SPAC trades on NYSE

Company plans to acquire European businesses with an enterprise value in the range of $1-5bn

  • Investments
  • 20 November 2020
pylons-norway-web
Alder to exit Finnish company Aidon in Q1 2021 – report

GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees

  • Exits
  • 20 November 2020
Genoa football club
CVC, Advent, FSI to buy Serie A in €1.7bn deal

Consortium will acquire a 10% stake in a new media company, which will manage Serie A's broadcasting rights

  • Investments
  • 20 November 2020
Drugs production lines
Mercia-backed Abingdon Health files for IPO

Abingdon Health was in discussions with potential investors for an IPO to raise around £100m

  • Exits
  • 20 November 2020
Used bank notes
C5 to hold double close in December 2020

Launched in February 2020, the firm's impact fund has made two investments, including Enveil

  • Funds
  • 19 November 2020
Fundraising in euros
Novalis Biotech aims for January second close for new €25m fund

Belgian VC Novalis held a first close on €8m for its second fund on 8 November

  • Funds
  • 19 November 2020
Fundraising in US dollars
Aberdeen secondaries fund on track for early 2021 final close

Secondary Opportunities Fund IV has raised more than half of its $500m target

  • Funds
  • 19 November 2020
Nicotine gum
Sale of EQT-owned Fertin Pharma to launch in Q1 2021

GP is aiming to close the deal before the second half of 2021

  • Exits
  • 18 November 2020
Business consultancy reports
Omers considers sale of ERM for £2.5bn – report

Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015

  • Exits
  • 18 November 2020
Dr Martens is a boots and shoes manufacturer
Permira hires Goldman Sachs, Morgan Stanley for Dr Martens' IPO – report

Permira acquired the brand in 2013 for £300m, with debt provided by Barclays

  • Exits
  • 18 November 2020
Cheryl Potter of Level 20
Level 20 appoints Potter as chair

Launched in 2015, Level 20 is a not-for-profit organisation promoting gender diversity in the PE industry

  • People
  • 18 November 2020
Lingerie designers
Carlyle to explore sale options for Hunkemöller – report

GP had explored IPO options for the Netherlands-headquartered lingerie and loungewear chain in 2018

  • Investments
  • 17 November 2020
Stock exchange ticker
Bridgepoint-backed Diaverum to launch IPO

Planned IPO could reportedly value at the renal care clinics group at more than €2bn

  • Exits
  • 17 November 2020
Water being poured
LDC mandates Rothschild to sell Adey - report

LDC acquired the company in June 2016, using a €60m unitranche provided by Alcentra

  • Exits
  • 17 November 2020
People moves and promotions
Travers Smith selects new managing partner

Edmund Reed joined Travers Smith in 1994 and became a partner in 2005

  • People
  • 16 November 2020
Deals Pipeline
The Deals Pipeline

A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe

  • Buyouts
  • 16 November 2020
Woman trying on shoes
Electra hires Stifel for Hotter Shoes sale

Skelmersdale-based Hotter had revenues of £89.3m in the year ending on 31 January 2020

  • Exits
  • 13 November 2020
Corrugated cardboard
Second-round bids due next months for Kotkamills - report

Triton Partners is one of the GPs vying for the company, according to Mergermarket

  • Buyouts
  • 13 November 2020
People moves and promotions
Moonfare appoints Winson Ng of UBS as CIO

Moonfare is a platform that allows private individuals to invest in private equity funds

  • People
  • 11 November 2020
Niklas Westphal of Clipperton
Clipperton hires Westphal as partner

Nikolas Westphal joins the technology-focused corporate finance firm from GP Bullhound

  • People
  • 10 November 2020
Job applications and new recruits
TA Associates appoints new head of IR

Andrew Harris served in investor-focused roles at Advent International for more than eight years

  • People
  • 10 November 2020
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