News
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 €463m
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 €18.10 per share, 24% higher than the €14.56 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
Rede Partners appoints Ellul as chairman
Firm has also hired associate principals Etiene Ekpo-Utip in the UK and Matthew Zuckerman in the US
DACH deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in DACH, courtesy of Unquote sister publication Mergermarket
Notion IV to close in 2020 above £125m target
LPs in the fund include Nuclear Liabilities Fund, Pentland Group, Pool Reinsurance Company and Pruger
CVC to buy Greek food company Vivartia from Marfin
Marfin has received a binding offer from CVC and granted the GP an exclusivity period until 6 November
French deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in France, courtesy of Unquote sister publication Mergermarket
MML hires Bond and Birkin
MML is currently raising for MML Partnership Capital VII, which held a first close in October 2019
Evolution Equity on the road for second fund – report
New York-headquartered venture capital firm held a final close for its debut fund in 2017 on $125m
Aberdeen Standard appoints Redman as head of private markets
Redman will be supported by Neil Slater in his capacity as deputy head of private markets
Waterland opens office in France; appoints managing director
Louis Huetz will be responsible for establishing and heading the new office
Clean Growth Fund to close in 2021 on £150m hard-cap
Typical equity cheques will start at £500,000-3m for any initial investments
Imap appoints Hildebrand as partner
Ruta Hildebrand will join the M&A advisory firm's Munich team and will focus on healthcare deals
PAI appoints Heuwing as partner and head of DACH
Ralph Heuwing joins from his role as CFO of Knorr-Bremse and also has experience at Dürr and BCG