Pandora IPO lifts lid on PE failings
Pandora is not the only private equity-backed IPO to suffer – it would seem the box is full of underperforming listings. John Bakie reports.
More on Exits
Virgin Wines floats in £110m IPO, Connection reaps 7.6x
Mobeus remains invested in the business, while Connection makes a full exit
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
Partners Group buys Parmaco from Terra Firma-led group
Vendors reportedly sought a valuation of between €800m-1bn for the company
Capidea buys toy company Maki from Industri Udvikling
Industri Udvikling had backed Maki since August 2017 and owned a 40% stake
Latest News
CBPE invests in Mindera
Software systems developer is the GP's first investment from its £561m CBPE X vehicle
Tikehau to become majority shareholder in Cruiseline
Following the deal, Montefiore retains a minority stake and a seat on the company's board
Beyond Black holds first close for Pledge Fund I
Following the €20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund
NorthEdge invests in Distology
GP is investing from its £120m SME Fund, which held a final close in July 2018