European PE deal multiples declined to 9.9x in the first quarter of 2018, according to the recently released Clearwater Multiples Heatmap Q1 2018 Update, the first time the average multiple has fallen to single digits since Q1 2016.
New fund has €25m committed to date and hopes to close in Q1 or Q2 next year
GP expects to consolidate CRM's position in the baked goods market and enhance its product offering
Plant-based cheese specialist Arivia is valued at around €500m, says a Sky News report
AIMC recently co-invested in operations management company Davies, which is headquartered in the UK