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Month: February 2021

Kempen co-invests in £46.5m Eque2 MBO

Kempen European Private Equity has co-invested in software company Eque2 in its £46.5m management buyout.

Warburg Pincus sells Bharti Airtel TV arm stake back to parent in $429m deal

Warburg Pincus has sold its 20% stake in the direct-to-home TV unit of Indian telecoms giant Bharti Airtel in a $429m deal.

DPE's AWK bolts on Ginkgo Management Consulting

Switzerland-based consulting firm AWK, a portfolio company of Deutsche Private Equity (DPE), has acquired Germany-based IT and digitalisation consultancy Ginkgo Management Consulting.

Oxx leads $21m series-B for Peak

Oxx has led a $21m series-B funding round for artificial intelligence company Peak.

Itago IV holds €60m first close, buys SR-Mecatronic

Italian private equity firm Itago has held a €60m first close for its buyout fund Itago IV.

Carlyle buys into South Korean taxi-hailing, electric bike major Kakao Mobility in $200m deal

Global private equity giant Carlyle has agreed a $200m investment in South Korean taxi-hailing, electric bike hire and navigation platform Kakao Mobility.

Advent Life Sciences closes pair of funds totalling $251m

Advent Life Sciences, a transatlantic venture firm focused on life science companies, has closed a pair of new funds totalling $215m.

Edtech investor Reach Capital rockets to $165m Fund III close, more than double Fund II total

Education tech investor Reach Capital has hit a $165m final close for its third fund, more than twice the total it raised for its predecessor vehicle.

Secondary pricing flies high for infra funds; venture sees big jump

Infrastructure, growth funds and LBO funds all saw secondaries pricing remain above 90% of par in the 90 days to the end of December, according to research by Setter Capital.

Yellow Wood Partners promotes five amid ongoing Fund III raise

Boston-based buyout house Yellow Wood Partners has made a string of promotions as it continues to hunt down up to $750m for its latest fundraise.

KKR says it sees continued UK student housing demand amid £219m sale of five developments to Greystar

Global buyout giant KKR has sold five major student housing developments across the UK to Greystar Real Estate Partners in a £219m deal.

IK to sell quartz sink pioneer Schock to Triton after more than doubling operating profit

IK Investment Partners has agreed to sell Fund VIII investment Schock to fellow private equity house Triton after more than doubling operating profit at the quartz kitchen sink specialist.

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