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Month: June 2021

IK to sell Veritas Petroleum Services to Fremman Capital

IK Investment Partners has entered exclusive discussions with UK-based PE firm Fremman Capital to exit fuel testing company Veritas Petroleum Services (VPS).

Squire Patton Boggs launches new funds practice in London

Law firm Squire Patton Boggs has launched a new funds practice in London, headed by new partner Steven Ward.

Bridgepoint buys minority stake in Itsu

Bridgepoint has acquired a minority stake in UK-based East Asian food chain Itsu, continuing its partnership with founder Julian Metcalfe.

August Equity invests in Integrity360

August Equity Partners has invested in Ireland-based cyber security company Integrity360.

UK universities team up to launch Impact 12 fund

Twelve UK universities have joined forces to create an impact investment fund, Impact 12, to support mission-led university ventures.

Marlink admits Providence, I-Squared, CVC to second round of sale

Providence, I Squared Capital and CVC Partners are among a select pool of suitors admitted to the second round of bidding for Marlink, according to four sources familiar with the matter.

Unquote Private Equity Podcast: Fundraising full steam ahead

With private equity fund managers raising more than €120bn in the first half of 2021 alone, it seems appetite for the asset class has never been more abundant.

Opalesque Exclusive: Despite a recent volatility, Portal AM's DeFi fund outperforms

It's been a rough few weeks for digital assets. In May alone, Bitcoin dropped from $58,000 to nearly $30,000...Article Link

AMB :- Opalesque Exclusive: Despite a recent volatility, Portal AM's DeFi fund outperforms

It&`s been a rough few weeks for digital assets. In May alone, Bitcoin dropped from $58,000 to nearly $30,000. Performance in other digital currencies has been mixed at best. Chinese regulators announced greater scru...Article Link

Bridgepoint takes minority stake in fast-food chain Itsu

Investment is expected to help create 2,000 UK jobs over the next five years

TPG targets $5bn for new climate fund

Former US Treasury Secretary Henry Paulson leads the fund as executive chairman

Shares in Morrisons surge after firm rejects takeover bid from CD&R

Labour party warns of risk to jobs from takeover

Hannover Finanz buys majority stake in Dental Direkt

Hannover Finanz has acquired a majority stake of 64% in Germany-based dental laboratory supplier Dental Direkt as part of a succession solution.

Intera Partners closes fourth fund at €335m

Finnish growth-focused private equity firm Intera Partners has held a first and final close for its fourth fund on its €335m hard-cap.

FSN closes sixth fund on €1.8bn

Nordic mid-market private equity firm FSN Capital Partners has held a final close for its sixth fund on €1.8bn.

Carlyle invests in logistics automation company Agilox

Carlyle has invested in Austria-based Agilox, a company that develops intelligent autonomous mobile robots (AMR) for use in intralogistics and materials handling.

Epiris buys Sharps from Sun European Partners

Epiris has acquired fitted bedroom furniture producer Sharps from Sun European Partners, ending the GP's 10-year holding period.

Eurazeo kicks off sale processes for Peters Surgical, In'Tech

Eurazeo portfolio company In'Tech is preparing to review first-round acquisition bids at the end of June, while the GP has also launched the sale of Peters Surgical.

KKR appoints new senior adviser for Europe

KKR has hired Ajay Kavan as a senior adviser in Europe, based in London.

UK biotech startup Ochre lands seed financing to combat liver diseases

UK company initially seeks to make certain liver transplants more successful

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