• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deals search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 

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.

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.

It will only display our most recent content, however our entire archive of coronavirus-related content can be accessed here

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.

Greg Gille
Editor, Unquote

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
Joachim Hoegh-Krohn of Argentum
Strong 2020 for Nordic tech, VC and IPOs, says Argentum

CEO Joachim Høegh-Krohn speaks to Unquote about the report's key takeaways

  • Nordics
  • 14 April 2021
Business schools
Bowmark exits Oxford International in split deal

Schools division goes to Nord Anglia Education, while the rest of the business undergoes an MBO backed by THI

  • Exits
  • 16 March 2021
The Unquote Podcast
Unquote Private Equity Podcast: Venture's immunity

Simon Philips, CEO of ScaleUp Capital, joins the Unquote podcast to explore recent trends in the European venture space

  • Venture
  • 29 January 2021
Fundraising in pounds sterling
BGF invests more than £380m in 2020

BGF exited 20 businesses in 2020 with an average money multiple of 1.9x and an aggregate IRR of 26%

  • GPs
  • 28 January 2021
Worries of recession due to coronavirus
Covid-19 impact expected to be more severe than GFC – survey

Almost all Dechert survey respondents expect distressed deals to increase, while 82% cited more deal delays as an ongoing effect

  • Industry
  • 05 January 2021
A year of strong contrast in private equity
Here's to a merrier 2021

The Unquote team wishes you a restful break and will be back to cover European private equity news on 4 January

  • Industry
  • 22 December 2020
Coronavirus in Germany
2021 Preview: Dry powder drives DACH prospects for 2021

DACH players adopted increased portfolio management and defensive investment decisions in 2020, but dry powder is set to drive 2021

  • DACH
  • 21 December 2020
Business presentations and strategy consultants
29% of LPs have decreased interest in emerging managers – survey

Placement agent Eaton Partners’ latest LP Pulse Survey collected responses from 61 LPs globally

  • LPs
  • 18 December 2020
Duomo di Milano in Italy
2021 Preview: Southern Europe looks for 2021 rebound

Covid-19 hit both dealflow and fundraising across the region – but local players are still looking forward to a gradual recovery in 2021

  • Southern Europe
  • 16 December 2020
Private equity investors got back to business after lockdowns in Europe
A year to remember - and learn from

Unquote recaps a year like no other, and maps out what market players expect when it comes to dealmaking and fundraising from 2021

  • Industry
  • 15 December 2020
A social distancing sign in Denmark during the coronavirus pandemic
2021 Preview: Nordic region weathers brunt of pandemic

Nordic countries lived up to their reputation as PE stronghold in 2020, with strong H2 recovery and record VC investments in the region

  • Nordics
  • 11 December 2020
Aberdeen Standard Private Equity Barometer Q3 2020
Q3 Barometer: Green shoots emerge

Aggregate value of deals was noticeably up in Q3 as the reopening of debt markets boosted transaction sizes

  • Investments
  • 10 December 2020
UK deal activity surges forward in July
2021 Preview: UK activity on the up, but market braces for tax hit

UK market players are finding solace in investment volumes pulling back towards pre-Covid-19 levels

  • UK / Ireland
  • 09 December 2020
Fund close for Italian fund
Clessidra launches fourth buyout fund

Fund will acquire majority stakes in profitable companies with high-growth potential

  • Funds
  • 19 November 2020
Fundraising in euros
Consilium launches €100m fourth fund

Fund targets Italian mid-market companies and provides equity tickets in the €15-20m range

  • Funds
  • 18 November 2020
Emergency funds for portfolio companies
Värde Dislocation Fund closes on $1.6bn

Fund has a global mandate to pursue a mispriced, stressed and distressed credit

  • Funds
  • 10 November 2020
Identifying the most active investors
Buyout rankings: who has invested most across Europe since April?

EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil

  • Investments
  • 06 November 2020
Fundraising in euros
Archeide launches €50m VC fund

Fund will target Italian startups developing innovative products and applications

  • Funds
  • 05 November 2020
Data-driven marketing
Clessidra buys Coefi from Archeide

Sale ends an eight-year holding period for Archeide, which has supported the growth and expansion of Coefi since 2012

  • Buyouts
  • 05 November 2020
Euro loans made online
360 Capital to launch €50m Square II fund

360 Square II will deploy equity tickets of €500,000-3m, primarily across France and Italy

  • Funds
  • 04 November 2020
Jewellers and engagement rings
Nordian Capital completes J-Club acquisition

Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties

  • Buyouts
  • 26 October 2020
The Unquote Podcast
Unquote Private Equity Podcast: Partnering for portfolio management

Oliver Jones and David Wardrop discuss the potential for new investment opportunities in a post Covid-19 environment

  • Investments
  • 26 October 2020
Hairdressers and hair care products
Mandarin backs hair care specialist Nuova Fapam

GP intends to boost the company's expansion internationally, primarily in Asia, the Middle East and the US

  • Buyouts
  • 21 October 2020
Money raised in euros
Indigo Capital II holds €300m final close

Fund provides private bonds and preferred equity to European mid-market businesses

  • Funds
  • 14 October 2020
Fundraising in pounds sterling
Capdesia Structured Equity targets £100m; aims to close in Q1 2021

European food-service-focused fund was registered and launched in May 2018 with a target of €200m

  • Funds
  • 14 October 2020
Blockchain technology
White Star holds first close for $30m Digital Asset Fund

Fund invests in blockchain-enabled businesses at each layer of the tech stack, with a focus on Europe and the US

  • Funds
  • 05 October 2020
Fundraising in euros
Arcano Secondary Fund XIV launches with €300m target

Fund will invest in mid-market buyout and growth capital vehicles across Europe and the US

  • Funds
  • 02 October 2020
Clarks is a shoe retailer
Clarks in refinancing provided by LionRock - report

A deal would see Clarks raise an investment in exchange for a dilution of the Clark family's holding

  • Buyouts
  • 25 September 2020
The Unquote Podcast
Unquote Private Equity Podcast: Allocate 2020 special

The Pod discusses our upcoming LP/GP conference, Allocate, touching on illiquidity solutions, secondaries, and ESG

  • Investments
  • 22 September 2020
Private-equity-backed carve-outs in DACH
PE players await DACH carve-outs uptick

With corporates under pressure due to the coronavirus pandemic, opportunities are likely to open up for sponsors interested in carve-outs

  • DACH
  • 17 September 2020
Italian investments
Anima Alternative launches €200m direct lending fund

Fund will deploy financing to support the recovery and expansion of Italian SMEs operating in a wide range of sectors

  • Funds
  • 16 September 2020
Spanish fund closes and launches
Talde launches €150m fund

Fund targets Spanish companies operating in a wide range of sectors, with revenues in excess of €20m

  • Funds
  • 15 September 2020
Aerospace manufacturing
Astorg's Aries Group to offload two subsidiaries – reports

Beleaguered aerospace sub-contractor is looking to sell ACB and Dufieux, according to local reports

  • Exits
  • 14 September 2020
Fundraising in US dollars
Dawn closes fourth fund on $400m hard-cap

Dawn Capital III closed on £165m in April 2018 and has now made its final initial investment

  • Funds
  • 09 September 2020
Fund close for Italian fund
FIEE holds €127.5m first close for second fund

Fund targets the energy efficiency, renewables, lighting, co-generation, pollution control and smart city sectors

  • Funds
  • 07 September 2020
Managing security system with smartphone
Nexxus Iberia buys STM

GP invests in the company via Nexxus Iberia Private Equity Fund I, which closed on €170m in February 2020

  • Buyouts
  • 07 September 2020
The Unquote Podcast
Unquote Private Equity Podcast: H2 Preview

The Unquote Podcast gathers the whole team this week to go over H1 statistics, look at early recovery signs and share insights from across Europe

  • Investments
  • 03 September 2020
Fundraising in euros
Panakes to launch €120m second fund within months

VC expects to start raising capital by the end of the year and hold a first close in H1 2021

  • Funds
  • 27 August 2020
Coronavirus affecting businesses
Private Equity Pitch: Funds exposed to UK consumer services providers

Unquote and Mergermarket look at individual funds' exposure to UK businesses in the consumer services space

  • Investments
  • 26 August 2020
Coronavirus in Germany
DACH holds up under pandemic pressure, but recovery doubts remain

Market players suggest it is unlikely that H1 figures reflect the extent of the damage done to portfolios and M&A

  • DACH
  • 25 August 2020
Aberdeen Standard Private Equity Barometer Q2 2020
Q2 Barometer: Coronavirus ravages European M&A market

After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2

  • Investments
  • 24 August 2020
Southern European buyout activity in 2020
Southern Europe bounces back amid pandemic uncertainty

Southern European market has regained vigour and confidence in July following a catastrophic H1

  • Southern Europe
  • 21 August 2020
Staffan Jafs of EQ Asset Management
EQ Asset Management eager to deploy following double fund close

EQ says it has completed five acquisitions through its secondaries fund since the outbreak of Covid-19

  • LPs
  • 20 August 2020
DACH growth capital and venture activity
DACH venture and growth deals reach volume high in H1 2020

Growth and VC deal volume exceeded that of all previous half-yearly figures, although average deal size and fundraising activity declined

  • DACH
  • 18 August 2020
David Barbour of FPE Capital
GP Profile: FPE Capital

FPE Capital is now gearing up to begin making investments again in the technology sector, says managing partner David Barbour

  • GPs
  • 17 August 2020
Berlin in Germany
Debt funds making inroads in DACH amid Covid-19, says GCA

GCA's Mid Cap Monitor shows that debt funds financed 71% of German LBOs in H1 2020, with the firm expecting an activity uptick in Q4

  • Financing
  • 14 August 2020
UK and Ireland private equity deal volume
Venture, tech keep UK market afloat in H1

Buyout and exit volume dropped dramatically in the first half of 2020, while GPs are doubling down on technology-driven strategies

  • Investments
  • 13 August 2020
European buyout volume in June and July 2020
France, southern Europe drive dealflow uptick in July

Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier

  • Investments
  • 10 August 2020
Effects of the coronavirus on private equity
ICG launches second recovery fund

Second vehicle will be larger than its predecessor, which closed on €843m in March 2010

  • Funds
  • 07 August 2020
Incentivising LPs
How the crisis could affect fund T&Cs

In a tough funrdriasing and deal market, GPs will be looking for all the incentives they can possibly provide

  • Fundraising
  • 07 August 2020
Healthcare software developers
Marcol invests in Fernarzt, launches new HealthHero platform

Seed investor Heartbeat Labs will retain a 10% stake in Fernarzt

  • Buyouts
  • 05 August 2020
Finnish capital Helsinki
Finland’s VC industry remains buoyant despite pandemic

Dealflow in the Finnish VC market remained strong in the peak months of the coronavirus outbreak, with local players cautiously optimistic

  • Venture
  • 05 August 2020
Hand sanitiser
EQT closes acquisition of Schülke

Deal values the hygiene products producer at €925-1bn, subject to an earn-out provision

  • Buyouts
  • 03 August 2020
Fund close for Italian fund
Programma 102 closes on €100m

VC will launch a new vehicle by the end of the year, with a €100m target, to focus on complementary asset classes

  • Funds
  • 30 July 2020
Woman wearing stylish sunglasses and hat
Fashion victims: GPs face a tough year in the clothing & accessories sector

Unquote explores dealflow expectations and potential silver linings for the segment, which has been one of the hardest hit by the pandemic

  • Consumer
  • 29 July 2020
Volume of European private equity exits
PE exits hit decade low in Q2

Volume of exits by PE players across Europe fell by 43% year-on-year in Q2 2020 as the coronavirus crisis took hold, according to Unquote Data

  • Data Snapshot
  • 24 July 2020
Christian Naether of Emeram
GP Profile: Emeram Capital Partners

DACH-focused GP anticipates the launch of its second fund following a portfolio assessment and digital AGM

  • GPs
  • 23 July 2020
Biotechnology firms focused on mRNA ribonucleic acid treatments
QIA et al. invest $162m in CureVac

mRNA vaccine developer is valued at $1.6bn and also secured backing from the KfW and GlaxoSmithKline

  • Expansion
  • 22 July 2020
Wealth managers and financial advisers
Apax VIII and Apax IX post higher valuations than Q4 2019

Both funds have valuations of more than 14% higher compared with valuations in March 2020

  • GPs
  • 22 July 2020
Rowing machines and gym facilities
BGF-backed Xercise4Less prepares for administration

Gym chain recorded losses of £10.4m on £40m revenues in the most recently available accounting year

  • Exits
  • 21 July 2020
UK fund closes and launches
UK fundraising update: pausing for breath

A number of GPs that closed more than three years ago have delayed fresh fundraises, or have altogether decided to explore new options

  • Fundraising
  • 21 July 2020
European PE deals by region
Market sentiment improving but dealflow likely to remain bifurcated – Baird

Baird MDs Vinay Ghai and Paul Bail discuss deal-making amid the pandemic and emerging trends for the months ahead

  • Investments
  • 17 July 2020
Financial results reveal slump
Mercia invested £17.5m in 2019/20

Mercia's NVM VCTs raised £38.2m in new capital, while the BBB also allocated an additional £54.3m

  • UK / Ireland
  • 14 July 2020
Portfolio performance
LDC’s makes 18 investments in H1 2020

In a half-year update, the firm announced the majority of the deals were completed since March

  • UK / Ireland
  • 14 July 2020
Men moving furniture
Moira invests in logistics operator Goi

Moira intends to support the company's growth and expansion both in Spain and internationally

  • Expansion
  • 10 July 2020
Business loans
Nauta Tech Invest V holds €120m first close

Fund deploys tickets of €1-5m in seed and series-A rounds to support European B2B SaaS startups

  • Funds
  • 09 July 2020
Network cables
Wise Equity buys Fimo from IGI

This is the first deal inked by the GP via Wisequity V, which closed on its €260m hard-cap in July 2019

  • Buyouts
  • 08 July 2020
Fundraising in US dollars
B Capital closes second fund on $820m

Fund invests in series-B, -C and -D rounds to support B2B and B2C startups based across Asia, Europe and the US

  • Funds
  • 06 July 2020
T-shirt deisgns and printing
Antares launches €300m UTP fund for fashion sector

Fondo Lusso & Lifestyle is dedicated to bank credits, with a special focus on UTP exposures

  • Funds
  • 06 July 2020
French buyout activity
Lockdown impact derails French buyout momentum

Even as France is now moving on, the uncertain road ahead is threatening to undo months of improving activity and market sentiment

  • France
  • 06 July 2020
Fundraising in euros
Aldea Ventures launches €150m fund-of-funds

VC house expects to hold a €35-45m first close by the end of July and a final close in around one year

  • Funds
  • 03 July 2020
Frecce Tricolori airshow
Alcedo to launch €230m fifth fund

Alcedo V will target Italian companies with high-growth potential and an export-orientated approach

  • Funds
  • 02 July 2020
Financial markets slump
Most German PE firms say 75% of portfolio unimpaired by Covid-19 – survey

Survey was conducted in June 2020 by Finance Magazine on behalf of Deutsche Beteiligungs AG

  • GPs
  • 02 July 2020
Fund close for Italian fund
Equinox closes third fund on €360m

Equinox III targets Italian companies operating in the food, retail, technology and healthcare sectors

  • Funds
  • 01 July 2020
Online shopping
Nordic e-commerce confident "silver krona" uplift will persevere

Lockdowns have – out of necessity – introduced a new age group to online shopping, boosting prospects for several PE-backed assets

  • Nordics
  • 29 June 2020
US tech fundraising
Connect Ventures closes $80m seed fund

Fund deploys capital in companies operating across all B2B and consumer software segments

  • Funds
  • 25 June 2020
Fundraising in euros
Mediobanca, Russell Investments launch third private market fund

Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors

  • Funds
  • 24 June 2020
Veterinary services
RJD to invest up to £12.75m in Improve

Improve most recently reported revenue and adjusted EBITDA of £10.1m and £1.7m respectively

  • Buyouts
  • 24 June 2020
Unquote Lockdown series episode 3 with Annachiara Marcandalli of Cambridge Associates
Video: Cambridge Associates’ Marcandalli on impact investing moving centre stage

In a new instalment of Unquote's Lockdown series, Annachiara Marcandalli explains why it is unlikely that coronavirus will sideline impact investing

  • LPs
  • 24 June 2020
Coronavirus relief funds
Sherpa Special Situations III closes on €120m

Fund targets distressed companies based in Iberia and active across a wide variety of sectors

  • Funds
  • 23 June 2020
Pounds sterling
Piper to launch next fund in 2021

Managing partner Chris Curry told Unquote the fund is expected to target £150-175m

  • Funds
  • 23 June 2020
European buyout and venture capital fund closes
European fund closes slump by 42% amid lockdown

Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019

  • Data Snapshot
  • 18 June 2020
Boardroom discussions and office openings
Go Capital taken over by management

As part of this deal, Jerome Guéret is appointed as CEO and Bertrand Distinguin takes on the role of president

  • GPs
  • 18 June 2020
Fundraising in euros
Corten closes debut fund on €392m

Corten began raising in January 2019, thus avoiding potential delays in the current market

  • Funds
  • 17 June 2020
The frontline of coronavirus responders
Swedish institutions set up Covid-19-focused JV

Sindre Invest will start operating from 1 July and will invest in companies facing liquidity problems

  • GPs
  • 16 June 2020
Car painting
Gradiente buys three companies, creates Argos Surface

GP deploys capital from Gradiente II, which held a final close on its €135m hard-cap in 2019

  • Buyouts
  • 16 June 2020
Business loans
Cerea to launch third buyout fund

Cerea also plans to launch its fourth mezzanine vehicle with a €250-275m target next month

  • Funds
  • 11 June 2020
Unquote Lockdown series episode 4 with Delaney Brown of CPPIB
Video: CPPIB's Delaney Brown on improved LP/GP relations

In the fourth of Unquote's Lockdown series, Delaney Brown, managing director of CPPIB, discusses improved GP/LP relations since lockdown began

  • LPs
  • 11 June 2020
Computer animation of DNA strand
Ysios Capital raises €155m for third biotech fund

Ysios BioFund III provides financing to early- and mid-stage, highly innovative life sciences companies

  • Funds
  • 10 June 2020
Internet of things
Nordic GPs find solace in demand for tech deals

Buyout activity in the Nordic region has nose-dived in 2020, while venture capital activity surged in some countries

  • Investments
  • 10 June 2020
Fundraising in euros
K Fund launches €70m second vehicle

Fund targets companies operating in the internet and mobile technology sectors

  • Funds
  • 08 June 2020
Italian investments
Pillarstone Italy launches €600m turnaround fund

Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies

  • Funds
  • 05 June 2020
delayed-train-sign-web
Panoramic delays fundraising to H1 2021

Panoramic Growth Fund 2, which closed on £65m in May 2016, is around 60% deployed currently

  • Funds
  • 05 June 2020
Travel in European cities
Enterprise Investors fully exits Novaturas

Following a high of PLN 55 in 2018, Novaturas' share price has been on a downward trend, further accelerated in February

  • Exits
  • 03 June 2020
Designer clothes
Polaris exits Danish fashion brand PWT Group

Covid-19 ends a 12-year investment period during which the company grew to acquire five other brands

  • Exits
  • 03 June 2020
Unquote Lockdown series episode 3 with Francois Aguerre of Coller Capital
Video: Coller's Francois Aguerre on PE's reasons to be cheerful

In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil

  • Secondaries
  • 03 June 2020
Fundraising in dollars
Ardian closes eighth secondaries mega-fund on $19bn

ASF VIII intends to provide the necessary liquidity to investors amid the global Covid-19 pandemic

  • Funds
  • 02 June 2020
Eric Capp of Pemberton
Q&A: Pemberton's UK head Eric Capp on direct lending's future

Private debt professional Eric Capp discusses his long-term view of the direct lending landscape

  • Financing
  • 02 June 2020
Management consultants
Commercial due diligence: Adapting to the new landscape

Three CDD practitioners discuss dealflow, and how their offering is shifting as PE houses contemplate post-Covid scenarios

  • Advisory
  • 29 May 2020
Investments in US dollars
Spectrum Equity IX hits $1.5bn hard-cap

Fund targets investments in internet-enabled software and information service companies

  • Funds
  • 28 May 2020
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013