Private equity funds have been sitting on significant dry powder recently, which has led to a recent surge in deal activity and a return of higher multiples. However, as corporates have emerged from the recession with strong balance sheets, GPs are facing yet more challenges with trade buyers competing for their deals. Viktor Lundvall takes a look.
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018