News
Apax VIII and Apax IX post higher valuations than Q4 2019
Both funds have valuations of more than 14% higher compared with valuations in March 2020
PlantLab raises $20m from De Hoge Dennen Capital – report
Company will use the proceeds to expand in the Netherlands, the US and the Bahamas
HV Holtzbrinck promotes Masemann to partner
Jasper Masemann joined the VC firm in 2015 and specialises in software and AI investments
BGF-backed Xercise4Less prepares for administration
Gym chain recorded losses of ТЃ10.4m on ТЃ40m revenues in the most recently available accounting year
Campbell Lutyens promotes Patel to partner
Placement agent has also promoted Vincent Ragosta to principal in its New York office
Roland Berger makes three DACH hires
Stephan Hartmann, Jan Maser and Markus Held join the firm's restructuring and debt advisory services
Silverfleet hires Süß as partner
Süß joins Silverfleet's DACH-focused team from TowerBrook Capital Partners
Willkie hires Abrar as partner
Kamyar Abrar joins from Weil Gotshal & Manges' PE team and also has experience in corporate deals
Bridgepoint in talks to acquire WSL
Twelve member clubs of WSL, including Manchester City, Arsenal and Chelsea, would also take stakes
Aurelius's Zim Flugsitz in self administration
Aurelius intends to make contributions to the airline seat producer's proposed restructuring
EQT to close ninth buyout fund in Q3
Total investments by the EQT funds in the second quarter amount to тЌ1.3bn
LP platform Titanbay launches
Titanbay has a 1% set up fee for clients and a 0.5% annual maintenance fee
Hony to lose control of PizzaExpress in debt-for-equity swap – report
Many bondholders bought into the restaurant chain in late 2019 as its bonds traded lower
Bridgepoint's Miya attracts offers from EQT, IFM, KKR, BlackRock – report
Miya is a portfolio company of Bridgepoint Europe VI, a €5.7bn fund that invests in companies with EV of €200m-1bn
Mercia invested £17.5m in 2019/20
Mercia's NVM VCTs raised ТЃ38.2m in new capital, while the BBB also allocated an additional ТЃ54.3m
LDC's makes 18 investments in H1 2020
In a half-year update, the firm announced the majority of the deals were completed since March
HIG hires Meysson as head of European direct lending
Pascal Meysson joins from Alcentra and has previous experience at Deutsche Bank and Charterhouse
Mirabaud buys luxury shoe brand Clergerie – report
Mirabaud is reportedly planning to invest via its Living Heritage private equity fund
Apax in exclusive negotiations to buy Snef Telecom – report
Deal reportedly values the telecommunications installation and maintenance company at €150m
Capgemini to help Nordic Capital implement AI for portfolio companies
GP said one of its portfolio companies already using machine learning to generate additional revenues
Equita buys corporate finance firm K Finance in €7m deal
K Finance will continue to operate from its Milan office and will be rebranded as Equita K Finance
Capza to acquire Eurofeu
French GP is planning to take exclusive control of the fire safety specialist
CPP Investments appoints SNCF's Pepy as senior adviser
Pepy joined SNCF in 1993 and served as chair and CEO from 2008 to 2019
Keensight hires Jamin as director
Prior to joining Keensight Capital, Stéphane Jamin was a manager at Kearney