ROW
British Patient Capital commits $50.8m to Evolution Technology Fund III
Evolution Equity Partners has raised $1.1bn for its latest vehicle
Raymond James bolsters private capital advisory business
Senior bankers Callie Kourniotis, Guy Hume, Michael Henningsen and Ash Rajah have joined the team in New York and London
Alternative asset classes set to see biggest increase in fundraising in 2024
Some 71% of wealth managers and institutional investors surveyed by Carne Group expect to increase their allocation to private equity by 10% or more this year
NRDC Equity Partners and BB Kapital SA snap up German department store out of insolvency
The German-US investor consortium is expected to take over more than 70 shops in Germany
STG Partners takes London fintech private
The Californian sponsor has delisted London-based fintech Gresham Technologies
Fund in Focus: Manulife Strategic Secondaries Fund closes on more than €550m
The fund focuses on GP-led secondaries and has already commenced its deployment phase, global head of co-secondaries Jeff Hammer tells Real Deals
EQT sells data manager Rimes to Five Arrows
EQT initially invested in the data management business in 2020
Gyrus Capital exits Intellera Consulting
Following a three-year holding period, the Swiss sponsor has sold the business to Accenture
ECI-backed Moneypenny expands to the US
The telecoms business has acquired Sunshine Communications
Ascension raises £17m
The new fund will target "impact dragons"
Deal in Focus: Omni notches strong return with Vivup sale
The GP had not planned to exit so soon but an unsolicited bid from Great Hill Partners prompted it to consider the deal, partner Elissa von Broembsen-Kluever tells Real Deals
Pantheon announces leadership succession plan
Kathryn Leaf to become CEO in 2025
Hg backs CUBE
The portco’s founder and CEO Ben Richmond has also invested
Quantum Capital Partners exits aluminium producer in trade sale
The Munich-based firm acquired the company in 2014
IVP banks $1.6bn for 18th VC fund
The vehicle is 12% smaller than its predecessor
MML eyes Gravotech sale
The firm acquired Gravotech alongside BPI France in 2018
Sherpa sells Horizons Optical
Sherpa acquired the business in 2017 through its Fund II
Asabys Partners exits Cara Care in trade sale
San Francisco-based Mahana Therapeutics, which has bought the business, provides digital chronic condition management programmes
Private equity’s exit logjam hits $3.2trn
GPs are sitting on a record 28,000 unsold companies, According to Bain & Co’s annual global PE report
Cranemere appoints Bernardo Hees as operating partner
Hees has previously served as CEO of Kraft Heinz and managing director of Burger King
Cibus Capital harvests over $600m for food and agriculture investments
The GP believes agrifood technology has the potential for "unprecedented positive change"
EMZ Partners-backed portco expands to the US
The GP’s portfolio company FotoFinder Systems has acquired DermLite
Cinven invests in Alter Domus
GP to acquire half of the founders’ and Permira’s stakes in the fund admin; aims to grow company in key markets and customer verticals
Exclusive: Quilvest acquires Acuiti Labs
Thomas Vatier, partner and co-head of buyout, tells Real Deals that the investor plans on leveraging its transatlantic expertise to grow the business
Hamilton Lane closes eighth credit fund on $700m
The fund’s predecessor closed on more than $950m in September 2022
Coller Capital invests in Permira’s continuation fund
The vehicle will include assets from Permira’s funds IV and V
Exclusive: Unigestion closes Emerging Manager Choice II Fund
In parallel, the fund has also notched its first exit
Genui and Primepulse exit Mindcurv
The investors helped grow the firm’s revenues threefold
Gilde Healthcare co-leads series-B round in Arga MedTech
Advent Life Sciences and Earlybird Venture Capital also invested in the round
EQT beats fundraising blues with latest vehicle
EQT X has banked €22bn
Venture Views: Target Global co-founder discusses an up-and-down year
Real Deals sits down with Yaron Valler to get his perspective on down rounds, the firm’s Israeli investments and the outlook for VC in 2024
Miura Partners sells Terrats Medical to Avista Capital
Terrats sells to 50-plus countries
Buckthorn Partners sells Coretrax to Expro
The acquisition will see NYSE-listed Expro bolster its portfolio of technology-enabled services and solutions
Keensight-backed Valiantys bolts on Glintech
The business eyes global expansion following this transaction
Bregal Milestone-backed Anywhere365 bolts on Deepdesk
The business plans to open new offices overseas
Carlyle exits Jagex to CVC and Haveli
The seller first invested in Jagex through its Carlyle Partners VII and Carlyle Europe Technology Partners IV funds
Kennet and Federated Hermes invest in Screendragon
Screendragon's executive chairman Clive Sirkin has named a new board of directors
Riverside’s RAC Opportunity Fund II closes at $235m
The fund provides growth opportunities to B2B software companies
CBPE provides Perspective to Charlesbank
It is the seller’s sixth exit from Fund IX
William Blair’s private capital advisory group launches in Europe with two appointments
Tom Lewis joins as managing director in London and Silke Wood as director in Zurich
Apax acquires Ascential’s data subsidiary
WGSN is focused on trend forecasting in consumer, lifestyle and product design
Pride Capital Partners-backed Link11 Group bolts on Reblaze Technologies
Since the GP invested, the business has completed two bolt-ons
BDO appoints Jamie Austin as head of global private equity
Austin joined the Belgium-headquartered business advisory firm in 2008
Exclusive: Arcano Partners eyes Q1 first close for second impact fund
The firms aims to secure commitments from its existing backers before expanding its outreach to international investors, Ricardo Miró-Quesada tells Real Deals
Vendis backs Skins Cosmetics
The deal sees the GP team up with Philip Hillege, co-founder and current creative director of Skins, and Claudia Pouw-Dullaart, CEO since 2019
Kennet Partners sells Eloomi
The deal will generate a return of more than three times the GP’s investment
General Atlantic bets on infra with Actis acquisition
The news comes hot on the heels of BlackRock’s acquisition of Global Infrastructure Partners
Committed Advisors reaps €2.6bn for fifth secondary fund
The vehicle is 65% larger than its predecessor fund
GP Profile: Swen Capital Partners
Co-founder and CEO Jerome Delmas talks to Real Deals about the importance of expertise in impact investing
H2 Equity Partners sells medical device firm
The GP first invested in the business in 2015
GP Profile: Three Hills
Managing partner Mauro Moretti tells Real Deals there are no coincidences in the PE world
Deal in Focus: Lionrock acquires Haglöfs from Asics
The firm’s European head Tom Pitts tells Real Deals the brand has been in the GP’s sights for years
Unigrains acquires stake in Elan
The acquisition will bolster the business's presence within Central and Eastern Asia
Apax Global Impact Fund holds final close on c.$900m
The fund will invest in companies that tackle environmental or social issues
SK Capital-backed Ecopol bolts on JRF Technology
Following the deal, president James Rossman will continue at the helm
Investcorp launches $750m climate solutions investment platform
The platform aims to accelerate net-zero carbon transition
Motion Equity Partners-backed EA Pharma bolts on Group W
The food specialist continues its international expansion with its seventh bolt-on
Partners Group sells Civica
During the GP’s six-year holding period, Civica doubled its Ebtida
GP Profile: Main Capital Partners
As the Dutch sponsor turns 20, founder and chief investment officer Charly Zwemstra sits down with Real Deals to reflect on the firm’s establishment and his ambitions for the new year
YFM exits MacroArt
The sale to Moss Inc comes after a nine-year holding period
Archimed acquires two dermatological specialists
The GP has merged Symbio and Proinnovera to create Symbio Proinnovera
Wise Equity-backed FIMO Group bolts on Wanho
The Italian firm acquired the portfolio company from IGI Private Equity in 2020
General Atlantic acquires Joe & The Juice
The GP is upping its stake after securing a minority shareholding in 2016
Nordic Capital invests in IntegriChain
The GP has acquired a majority stake from Accel-KKR, which first invested in the portfolio company in 2016
Adams Street closes 2023 global fund program on $820m
The recent fund fell short of its predecessor by 25%
Carlyle’s Abingworth closes life sciences fund at $356m
The investment group has raised nearly $1bn for life sciences since 2021
Inflexion acquires Allen & Overy’s Aosphere
The GP will expand Aosphere’s product offering through an international expansion
Progressio exits Garda Plast Group stake
During the seller’s stint as a shareholder, GP Group generated revenues of more than €90m in 2022
Epiris carves out GSF Car Parts
The GP will support the company to enhance its offering and accelerate its development plans
abrdn sells $7bn AuM PE arm to Patria
Real Deals speaks to Merrick McKay about the rationale behind the deal and the launch of Patria’s private markets platform
Triton Partners adds Wavelynx to its industrial tech portfolio
The GP will look to support the business to accelerate and strengthen its development
Tenzing grabs stake in Totara
The deal will strengthen the growth and development of the LMS software provider firm
Fund in Focus: Appian closes Fund III at $2bn
Mining and metals industries are playing a critical role towards net-zero transition, Appian’s CEO Scherb tells Real Deals
BGF acquires multimillion-pound stake in Artus Air
The GP plans to strengthen the firm’s technical expertise and innovative touch towards the acceleration of net-zero targets
LDC’s DSP bolsters Oracle Cloud services with Eclipsys bolt-on
The deal marks the portfolio company’s first bolt-on since the GP invested in the business last month
Apax acquires Bazooka Candy Brands
The GP plans to strengthen the firm’s distribution growth
Parabellum Investments-backed ieDigital bolts on Connect FSS
The family office said the two businesses possess synergies that make them a “perfect” fit
Warburg Pincus closes latest flagship fund on $17.3bn
The GP has been on the road since 2021
Brookfield amasses $12bn for latest private equity fund
BCP VI is $3bn larger than its predecessor BCP V
Syntagma Capital carves out Lennox EMEA business
Syntagma plans to accelerate the company’s growth both organically and through targeted M&A investments
Partech grabs 30% stake in SaaS company UpSlide
The tech investor plans to strengthen UpSlide’s presence across the US and APAC
Livingbridge exits Brainlabs to Falfurrias Capital Partners
During the four-year hold period, the GP supported the team through eight acquisitions and growth into new markets
Bowmark exits internet provider to US private equity firm
The sale has been made to GI Partners
Andera Partners and BPI France invest in consulting firm
The investment in Kepler is being financed by Andera Croissance
Bridgepoint acquires ECP for upfront EV of £835m
ECP’s partners will collectively become one of Bridgepoint’s “largest” shareholders as a result
Multi-family office Stonehage Fleming raises $130m
Stonehage Fleming Global Private Capital Fund has held its final close
Organic Growth: Insights from AnaCap and Riverside Europe
Organic growth is a key part of successfully building portfolio companies. Xhulio Ismalaj and Shivani Khandekar examine two standout examples of recent successes
ECM sells PikeTec
The Berlin software provider has been acquired by US company Synopsys
SoftBank’s Arm files for IPO
The chip designer returns to public markets after SoftBank acquired it for approximately £24bn in 2016
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
QIC partners with PenSam
The DKK2.2bn mandate from Danish pension fund PenSam expands Queensland Investment Corporation’s exposure to European PE
ETF Partners exits Greenbird Integration Technology
The Norwegian company is being sold to GE Vernova
Advent bags $1bn Zimmermann
Advent has acquired a majority shareholding from Style Capital
Inflexion’s AE Live continues US expansion
AE Live has acquired Manhattan-headquartered Silver Spoon
Maven exits Blacktrace to Carlyle’s Unchained
The sale is the GP’s third exit in 2023
CVC closes Fund IX on €26bn
The fund is reported to be the largest in private equity history
Eurazeo’s Smart City Fund II holds final close on €400m
At least six new investors including PFR, IMC PanAsia and others contributed to the fund, Real Deals understands
Palatine’s Anthesis merges with Ndevr Environmental
The GP invested in Anthesis in early 2021 via its Buyout and Impact funds
Foresight exits Imagen for 1.9x return
The exit is the seventh for the Foresight Ventures fund in the last 12 months.
Equistone-backed adm acquires DASS
The bolt-on is the company's third since Equistone’s ownership.