Official Record
WestBridge acquires Smart Capital Technology in MBO
GP invests GBP 17m following competitive auctions for IT services organisation company
BEX Capital raises USD 765m for Fund IV
Secondaries fund-of-funds remains open for no-fee, no-carry investments from NGOs and non-profits
Capital D-led consortium acquires Phrasee
GP is joined by Morgan Stanley Expansion Capital, Keyhaven Capital, family offices in deal for AI-power copywriting group
Jeito, INKEF, Forbion lead EUR 80m Series B for Precirix
Precirix last raised a EUR 37m Series A in 2018
Motive sells Global Shares to JP Morgan
Deal generates around 10x return on invested capital and values the Irish equity compensation software solutions at USD 750m EV
Gilde Healthcare closes fourth buyout fund on EUR 517m
Double the size of its predecessor, the new vehicle was oversubscribed and saw nearly all Gilde’s existing LPs investing
Genesis buys majority stake in HC Electronics
GP is investing in the electronics manufacturing firm via its EUR 40m Genesis Growth Equity Fund I
I Asset Management, BaltCap acquire Dr Vet
IAM has a specialist Petcare Growth Fund
Queen's Park Equity backs Blue Ribbon MBO
The deal is the sixth from QPE's Equity Fund I
Corsair exits RGI to CVC
Financial services-focused sponsor Corsair acquired the insurance software firm from Ardian in 2018
Investcorp sells Dainese to Carlyle in EUR 630m SBO
The motorcycling protective clothing producer's revenues doubled during the investment period
GED completes Vitro exit in single asset vehicle deal
GP reaps gross return of 4.0x invested capital and 38% IRR; deal follows sale of Vitro subsidiary to trade in January
Cinven buys Bayer's Environmental Science Professional for EUR 2.4bn
It is the third industrial carve out by the GP since 2020
Gimv exits Wolf Lingerie in NextStage-led SBO
French GP is joined by BNP Développement and BPI in investment for lingerie maker
Pamplona Capital announces process to redeem LetterOne investments
Following redemption GP says it will have no direct or indirect exposure to Russian capital
Nord Holding launches Small-Cap Fund
Small-Cap strategy will be led from Frankfurt by former VR Equitypartner executive Jan Markus Drees
FSI exits minority stake in Adler
The private equity firm has sold its 28% stake back to the founding family
Palatine acquires housing provider Jessup
GP competed against other sponsors in Clearwater-led auction; founder Clive Jessup to retain minority stake
Disruptive leads USD 250m round for Forto
Latest round brings the supply chain and logistics software platform's valuation to USD 2.1bn
EQT invests in SNFL and IFG in second deal via Future fund
The fund launched in October 2021 with a target of EUR 4bn
Bowmark, MML to exit The Instant Group in deal with IWG
IWG to invest GBP 270m to buy sponsors’ stake and provide growth capital; new group expected to list in 2023
Inflexion buys Astrak Group
Inflexion has now announced two deals from its recently closed GBP 2.5bn Inflexion Buyout VI fund
HarbourVest closes ninth fund-of-funds on USD 1.6bn
New Europe and Asia Pacific vehicle will also allow secondary transactions and direct co-investments
Limerston exits Prism to Charme
Charme will complete the deal through Charme IV, which has raised EUR 700m to date