News
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 £38.2m in new capital, while the BBB also allocated an additional £54.3m
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
Unquote British Private Equity Awards 2020: last chance to enter
Entries for the 2020 Unquote British Private Equity Awards are due by 11 July at 5pm
DACH fundraising update: H2 2020 pipeline
Although the coronavirus pandemic has set back plans for many GPs, a number of buyout and venture vehicles are on the road in the DACH region
Baird Capital promotes two in London team
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
CVC to acquire 14.5% of Six Nations for €450m
In April 2020, CVC delayed a £300m investment in rugby tournament Six Nations due to the coronavirus
Antares launches €300m UTP fund for fashion sector
Fondo Lusso & Lifestyle is dedicated to bank credits, with a special focus on UTP exposures
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
17Capital provides £125m in preferred equity to Exponent III
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Zeus makes six promotions
Zeus has promoted Nick Cowles to deputy head of corporate finance and Jordan Warburton to director
M&A wave incoming in 2021, says Edmond de Rothschild CIO
Investment bank's H2 2020 outlook also emphasises continuing macroeconomic uncertainty, and singles out healthcare and data assets as winners
Most German PE firms say 75% of portfolio unimpaired by Covid-19 – survey
Survey was conducted in June 2020 by Finance Magazine on behalf of Deutsche Beteiligungs AG
VGC promotes Lister to partner
Lister joined the firm last year from Marlin Equity Partners as an investment director
Brockhaus Capital Management plans flotation
Proceeds of the envisaged offering should support the technology-focused GP's acquisition pipeline