News
Astorg appoints Jacques-François de Prest as CFO
De Prest joins from Millicom-Tigo where he worked as a group financial controller and chief accounting officer
Green Arrow makes two hires ahead of fourth fund launch
Vender is appointed as senior adviser and president of the PE committee, while Massari is hired as managing director
Global LBO returns see sharp decline in H1 2020 - research
Returns from private equity funds globally slumped in the first two quarters of 2020, says eFront
Lincoln International hires Miller
Rainer Miller joins Lincoln's M&A advisory team from special situations adviser Bachert
ECSO, private investors plan €1bn cybersecurity fund-of-funds
European Cyber Security Organization and eight private investors have approached the EC with a proposal
YFM promotes Clarke
YFM is currently deploying YFM Equity Partners Buyout Fund II, which closed on ТЃ80m in March 2020
Egeria hires Schmidt as associate
Gregor Schmidt joins the firm's Munich office, which was established in April 2020
Nordic Capital, Carlyle bid for Octopus-backed Calastone
Trade bidders are also competing in the process, while Motive Partners was bidding, but is no longer involved
Hg closes Saturn 2, Mercury 3 and Genesis 9 on hard-caps
Proskauer provided legal advice and Rede Partners acted as placement agent for the three funds
Providence launches leadership transition plan
Noell and Phillips are appointed as co-heads of North America, while Tabet and Tisdale become co-heads of Europe
Carlyle makes new offer for Officine Maccaferri
Restructuring plan includes the acquisition of all the shares of Maccaferri
Eos set to deploy in lower-mid-market following fund close
Munich-based GP held a final close for its debut fund in September 2020 on its hard-cap of €175m
Investindustrial, Black Diamond buy Hexion PSR for $425m
GPs intend to boost the company's growth and expansion, while further reducing its debt
ELF hires Wimpff as investment director
Florian Wimpff joins the direct lending firm from ESO Capital and also has experience at Herter & Co
Highland Europe launches $706m Technology Growth IV
GP held a final close for Highland Europe Technology Growth III in June 2018 on тЌ463m
CDPQ backs Colisée alongside EQT
EQT and CDPQ intend to support the company in its growth strategy in France and internationally
Bain-led consortium makes €2.1bn offer for Ahlstrom-Munksjö
Consortium has offered тЌ18.10 per share, 24% higher than the тЌ14.56 closing price on 23 September
Clarks in refinancing provided by LionRock - report
A deal would see Clarks raise an investment in exchange for a dilution of the Clark family's holding
Parcom in talks to acquire Equistone's Group of Butchers – report
Mergermarket reported that the original sale process fell through as the pandemic took hold
PE firms more bullish than corporates on distressed M&A – survey
Of the PE firms surveyed, t4% cite distressed/turnaround opportunities as a major motivation for acquisitions
Goodwin hires team of five partners
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
UK deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in the UK, courtesy of Unquote sister publication Mergermarket
Forto raises estimated €25m from Inven, Northzone et al.
Funding comes from new investor Inven Capital and existing investors Cherry Ventures, Northzone and Cavalry Ventures.
Polaris and AAC Capital exit BabySam to trade – report
GPs had reportedly been preparing to sell BabySam as early as 2017