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Official Record

Kids' fashion
Alpha Private Equity sells Vertbaudet to Equistone

SBO of the children's clothing and accessories retailer is Equistone's sixth platform deal of 2021

  • Exits
  • 26 July 2021
Lipsticks and other cosmetics
Palamon exits Feelunique in GBP 132m sale to Sephora

Palamon acquired the UK-headquartered online beauty products retailer for GBP 26m in 2012

  • Exits
  • 23 July 2021
Fundraising in euros
Eurazeo Growth III holds final close on EUR 1.6bn

Vehicle surpassed its EUR 1bn target and will provide initial equity tickets of EUR 25m-100m

  • France
  • 23 July 2021
Fundraising in US dollars
Baird Capital holds final close for second Global Fund

Vehicle will continue to back founder-led UK, US and Asian SMEs via buyout and growth deals

  • Buyout
  • 23 July 2021
Management consultancy and business strategy planning
Ardian buys stake in Nova Reperta

Investment in the management consultancy is Ardian Growth's first investment in Belgium

  • Expansion
  • 22 July 2021
European fund raise
Unigestion launches second emerging-manager fund

Vehicle has a target of EUR 300m and will back first- and second-generation buyout and growth funds

  • Fund-of-funds
  • 22 July 2021
French fundraising
France's Apax Partners closes latest flagship fund on EUR 1.6bn

Fund is around 60% larger than its predecessor, which closed on EUR 1.03bn in 2016

  • Funds
  • 22 July 2021
Cat food and pet products
A&M Capital Europe buys Pet Network for EUR 260m

Pet Network was created by TRG in 2018 through the acquisition and merger of three businesses

  • Buyouts
  • 22 July 2021
Bonuses and incentivisation
FPE invests in employee benefits software Zest

Deal is the 10th platform investment from FPE's GBP 100m, 2016-vintage, second fund

  • Buyouts
  • 21 July 2021
Money raised in euros
GHO holds EUR 2bn final close for third fund

Fund close follows a fully virtual fundraise that saw the GP surpass its EUR 1.25bn target

  • Buyout
  • 21 July 2021
Financial reporting software
Palatine sells Wren Sterling in Lightyear-backed MBO

Wren Sterling was created in 2015 through the Palatine-backed MBO of Towergate Financial

  • Exits
  • 21 July 2021
Fundraising in euros
New French GP Aldebaran holds first close for debut fund

Aldebaran Transformation Fund I targets EUR 300m for complex buyout situations

  • Funds
  • 21 July 2021
Biotech drug discovery companies
EQT's Cerba buys Lifebrain from Investindustrial

Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week

  • Exits
  • 21 July 2021
Fundraising in euros
Panakès Partners holds EUR 150m first close for second fund

Vehicle's target has been extended to EUR 180m and the fund will focus on medtech and biotech deals

  • Venture
  • 20 July 2021
Asti's founders and lead product
Keensight exits Asti Mobile Robotics to trade

GP bought a stake in the autonomous mobile robots developer in 2019 via its 2014-vintage fourth fund

  • Exits
  • 20 July 2021
Fundraising in euros
Speedinvest holds EUR 60m close for Speedinvest x Fund 2

Fund will back B2B and B2C marketplaces, as well as subscription and circular economy startups

  • Venture
  • 20 July 2021
Pill production
BC sells Pharmathen to Partners Group in EUR 1.6bn deal

BC Partners acquired the Greece-headquartered generic pharmaceuticals developer in 2015 for EUR 475m

  • Buyouts
  • 19 July 2021
Modular building
Equistone acquires GSCM Group

GP has previous experience in the modular construction sector with Oikos Group

  • Buyouts
  • 19 July 2021
Wood treatment products
IK buys Blanchon from Abénex

First investment made from IK Small Cap III Fund, which closed in April 2021 on EUR 1.2bn

  • Buyouts
  • 19 July 2021
McLaren manufacturers sports cars
McLaren confirms GBP 550m fundraising led by Saudi Arabia, Ares

Existing shareholders, including Mumtalakat, and new private investors invest GBP 150m

  • Expansion
  • 19 July 2021
Data-driven marketing
Nordic Capital buys majority stake in VC-backed Duco

Financial data management software raised USD 28m from VCs including Eight Roads and Insight in 2018

  • Buyouts
  • 16 July 2021
Revolut card
Revolut raises USD 800m Series E at USD 33bn valuation

Company becomes the second most valuable fintech in Europe, behind Sweden's Klarna

  • Expansion
  • 16 July 2021
Tech investing remotely
Verdane steps up DACH activity with four new investments

GP has made a growth investment in Meister and majority investments in PremiumXL and Remember

  • Buyouts
  • 15 July 2021
Fundraising in dollars
H&F holds USD 24.4bn final close for 10th fund

Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn

  • Buyout
  • 15 July 2021
41 42 43
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