Coronavirus and private equity
All our latest coverage on the ongoing coronavirus crisis, and its impact on the European PE industry
The coronavirus (Covid-19) pandemic sweeping across the globe is presenting the private equity industry with its most daunting challenge in more than a decade.
First of all, we hope all our readers and our wider community are safe and sound, and managing to go about their daily lives as best they can under these extraordinary circumstances.
The Unquote team is currently working remotely but striving harder than ever to continue bringing you valuable intelligence, data and insights, in order to help you navigate the rapidly evolving situation.
It is still too early to accurately quantify the impact of the crisis on activity figures, with official government advice on mitigation measures and their impact on business still varying across most countries. But there is widespread consensus that deal-making and fundraising will be severely impacted for Q2 2020 at least, as travel restrictions and social distancing take their toll on processes and due diligence. More importantly, the expected economic shock and the impact on portfolios across the board – beyond the immediate existential threat to many assets in the travel and leisure sectors – should guarantee that the activity peak recorded in 2019 is unlikely to be repeated this year.
We will endeavour to monitor the situation closely in the coming weeks, and examine the ramifications for private equity practitioners and their stakeholders across a number of different themes.
This page will allow you to quickly access all of our latest coverage on the topic, helping you stay up to date with the challenges, but also the opportunities, that will come to define 2020 and beyond.
Do not hesitate to get in touch to discuss these topics, and, more generally, how your firm is adapting to the situation – our team is as keen as ever to keep interacting with you as much as possible.
Fund is dedicated to UTP exposures and is composed of a credit section and a finance unit
Domiciled in the Netherlands and structured as a BV, the fund has a 2% management fee
Germany-based steak restaurant chain cited financial problems due to coronavirus-related closures
Concerns centre around the profitability criteria, as well as local banks' lack of familiarity with startups' risk profile
A private equity firm will be selected by the Institut Valencià de Finançes to manage the new vehicle
Nordic region sees the lowest quarterly deal volume since Q4 2013, with just 17 buyouts in Q1 2020
British Holiday and Home Parks Association has advised its members to close all holiday parks
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Unquote's lastest Annual Buyout Review is now available to download, offering in-depth statistical analysis of European buyout activity in 2019
Automotive services company cited uncertainty of future revenues caused by the coronavirus outbreak
Waste management, and particularly energy-from-waste, is fast becoming an area of heated dealflow
Package includes £330bn in loans, £20bn in other aid and a postponement of business rates
Five out of 37 buyers still appear opportunistic and expect activity to go up
Assessing the early impact of coronavirus on capital markets and sectors
With Italy being the worst-affected European country, deals and fundraising are so far confined to a timeless limbo
Ardian, EQT and PAI Partners are reportedly considering bidding for the hygiene products producer
GPs divested or partially realised 90 assets last year, making 2019 the third busiest year on the exit front in the past decade
A round-up of ongoing and expected sale processes in sectors impacted by the coronavirus outbreak
Dealmakers are trying to keep the buyout show on the road as the coronavirus crisis overtakes the European market
Industry participants contacted by Unquote expect negative ramifications for fundraising as well as deal-making activity