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Month: June 2020

Mutares buys Sabo Maschinenfabrik from John Deere

Mutares has acquired Sabo Maschinenfabrik from US-based agricultural, construction and forestry machinery company John Deere.

MIP, P101, Samaipata in €14m series-B for Colvin

Italian venture capital houses Milano Investment Partners (MIP) and P101, alongside Spanish investor Samaipata, have led a €14m series-B round for Barcelona-based online flower delivery startup Colvin.

Bain Capital triumphs over PE competitors in bid to buy coronavirus-stricken Virgin Australia

The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.

Tiin Capital’s Cloud Security Group acquires Felton

Cloud Security Group, a portfolio company of Tiin Capital, has acquired Netherlands-based IT, cloud and security service Felton as part of its buy-and-build strategy in the cloud security services sector.

SEP-backed Dotmatics acquires BioBright

Scottish Equity Partners (SEP) portfolio company Dotmatics has acquired BioBright.

Aisling Capital rounds up more than $144m towards latest flagship life science fundraise

Life sciences-focused private equity house Aisling Capital has raised more than $144m towards its latest flagship fundraise.

BayBG to acquire 20% stake in SAV

BayBG has acquired a 20% stake in Germany-based clamp engineering technology company SAV.

Bain Capital agrees to buy Virgin Australia

US private equity firm said it would recapitalise the carrier so it can survive until demand returns

Cerea backs packaging specialist Axium

Cerea Partners, a French private equity firm dedicated to the food value chain, has acquired a majority stake in plastic packaging specialist Axium.

Carlyle said to reap 7x return selling Eggplant in $330m deal

Carlyle has reportedly made a 7x return selling digital test automation and monitoring software business Eggplant to trade buyer Keysight.

Carlyle exits Eggplant for $330m

The Carlyle Group has sold software company Eggplant to Keysight Technologies for $330m.

IVP leads $40m series-A for Hopin

IVP has led a $40m series-A for virtual events provider Hopin.

US senator Warren demands PE lobbying records on pandemic relief funds

The Democrat politician wants the buyout industry’s largest trade group to disclose communications with the White House and Treasury Department

California pension plan to increase private equity investment

The US pension manager plans to invest more capital and add more managers to its private equity portfolio

Two thirds of City executives want work-from-home setup to stay

In an exclusive survey by PEN's sister title Financial News, nearly 70% of finance staff don't want to go back to the office full-time

Former Deutsche star exec Garth Ritchie joins PE firm Centricus

Ritchie, one of the highest-paid executives at Deutsche Bank until he left last year, will be responsible for expanding the firm's capital markets and advisory business

Initiative & Finance appoints PAI Partners’ Oliveau

French private equity firm Initiative & Finance has appointed François-Xavier Oliveau as transformation partner in the firm’s mid-cap division.

Private equity firms need to get creative with deal sourcing amid coronavirus – and here’s how

Deal sourcing intelligence business Sutton Place Strategies explains how private equity firms can get strategic, efficient, and creative with their deal sourcing in the teeth of the coronavirus crisis.

Financial risk management business CubeLogic gets Growth Capital Partners backing

Financial market, energy and commodities enterprise risk management business CubeLogic has picked up a minority investment from Growth Capital Partners.

Storyblocks gets Great Hill backing amid coronavirus-based demand surge

Private equity house Great Hill Partners has agreed to buy subscription-based stock media company Storyblocks.

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