News
Naxicap, Impala make bids to acquire Ales
Ales Groupe was put into receivership by the Commercial Court of Paris in July 2020
AppyWay to target £20m series-B funding round
Partner Jon Edirmanasinghe is leading a team from Cavendish to advise on the fundraise
Readly's upcoming IPO to value company at SEK 2bn
Company will be listed on the Nasdaq Stockholm stock exchange and start trading on 17 September
HIG hires Jain as managing director
HIG launched its European Capital Partners III fund in July 2020, with a target of тЌ830m
Ambienta opens Paris office, hires two new partners
Gwenaelle Le Ho Daguzan is appointed as partner in France and Hans Haderer in Germany
Herter & Co hires Samii
Marco Samii joins the firm from IKB Deutsche Industriebank, where he was head of leveraged finance
Inflexion promotes Richards, Edmans to senior partner
Chris Wright has also been hired as a partner in Inflexion's Manchester office
British Business Investments commits €75m to Isomer II
Isomer II will be targeted at early-stage venture capital managers across Europe
BlackRock-backed THG to launch £920m IPO
Following the listing, the online retailer will have a free float of at least 20%
Regent-backed Escada files for insolvency
Luxury fashion brand had previously filed for insolvency in 2009 and was bought by Regent in 2019
Beechbrook to close Ireland Fund in Q4, credit fund in 2021
Beechbrook is also looking to raise its next flagship vehicle, Beechbrook Private Debt IV
Travers Smith poaches Simon Witney from Debevoise & Plimpton
Witney joins Travers Smith from Debevoise & Plimpton, where he has worked since 2017
Silverfleet hires Prym as investment executive
Stephan Prym joins from Aplina Partners, marking Silverfleet's second DACH hire of 2020
TA Associates rehires Mahadevan
Benjamin Bold and Daniel Gold also rejoin as vice-presidents in the firm's Boston office
Apax, Fortress, Three Hills to bid for Serie A - report
Bidders join other PE firms that have shown interest in Serie A, including CVC, Bain and Advent
Talis makes three promotions
Beatrice Aliprandi and Kirill Tasilov have both taken the role of principal
Ex-Investec James Stirling joins Westbrooke's debt fund
Stirling spent 14 years at Investec, most notably as head of growth and acquisition finance
Triton launches take private bid for HiQ International
Shareholders of the company have until 1 October to accept the offer
Longevitytech.fund to resume fundraising in early September
Fund aims to hold a second close on $2-3m by February 2021 and to raise the remainder within a year
PFR cuts its stake in Enel Russia
Changes are related to the planned change in the ownership structure within Enel Russia's consortium of investors
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
OakNorth Bank provides fund facility to BlueGem
Key investors include Glendower Capital, Blackstone's Strategic Partners and BMO Global Asset Management
Capital D to launch next fund in Q4
Capital D is investing from a fund and its side vehicle, which closed on тЌ100m in October 2018