Yield of dreams
With private credit funds stepping up to the plate to provide debt financing in the mid-market, Jennifer Forrest speaks to these lenders on how they’re able to lend more, what this means for evolving deal structures and refinancing processes ahead of exits
Shift from senior debt to junior debt solutions on the horizon
Park Square Capital’s Axel Wehtje discusses how debt financing solutions are accommodating for these strategies
KKR partially exits A-Gas to TPG
KKR acquired the business through an SBO with LDC in 2017
SHS Capital acquires Essert
The deal marks the fourth from its €270m sixth fund
Main-backed Pointsharp pens third acquisition
The add-on acquisition marks the company’s third deal in three years
All Seas-backed Nurture Landscapes adds on NESL
The add-on marks the second for Nurture since the All Seas investment three months ago
Investindustrial-backed Omnia Technologies makes two add-ons
Investindustrial created the tech platform after merging Della Toffola Group and Bertolaso in 2020
Advent bags $1bn Zimmermann
Advent has acquired a majority shareholding from Style Capital
Deal in Focus: BaltCap and Draugiem Capital back Pepi Rer
Investment director Sandra Aile tells Real Deals how the investors plan to grow the polyethylene manufacturing business beyond the Baltics
Deal in Focus: New firm Px3 Partners pens second carve-out deal
Px3’s co-founders shared the investment plans for Cofimco with Real Deals
Buyout model under threat if volatile market continues
Reach Capital’s William Barrett told Real Deals that GPs will face increasing pressure in H2 as they juggle LP deployment expectations.
Bowmark exits The LOD Group in trade sale
During the five year hold period, LOD’s revenues doubled
Digitalisation falls off as key deal driver for GPs – CMS
Partner Valentina Santambrogio spoke to Real Deals about the key factors driving GPs’ investment decisions
Golding closes secondaries fund at €172m
The 2022 vintage is targeting €500m, almost double its predecessor
Whitehorse closes fifth flagship fund at $5.3bn
The fundraise exceeds its target of $5bn, and secured 85% of re-ups from predecessor
Adelis-backed Presto completes 36th bolt-on
The acquisition of Jockel marks its expansion into the German market