Though European private equity deal activity cooled slightly in Q2 2021, the prices paid for assets did not, recording their fifth quarterly increase to 11.8x, according to the latest Clearwater Multiples Heatmap.
GP is backing the heating systems firm via Capiton VI, which is on the road with a EUR 550m target
Software investor Main Capital acquired the banking and insurance digitalisation platform in 2015
Schroders' Institutional Investor Study surveyed 750 investors in February and March 2021
GPs are clearly looking to seize the initiative and clear out portfolios amid a general push to ink deals on the buy-side