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Month: February 2022

PAI sells Refresco to KKR for USD 8bn

PAI and British Columbia Investment Management Corporation (BCIMC) have sold Dutch beverage bottler Refresco to KKR.

Stakeholder Capitalism in the Time of Covid

Posted by Lucian Bebchuk (Harvard Law School), Kobi Kastiel (Tel Aviv University), and Roberto Tallarita (Harvard Law School), on Tuesday, February 22, 2022 Editor's Note: Lucian Bebchuk is the James Barr Ames Professor of Law,

Equistone buys Eperi, VC backers exit

Equistone Partners has acquired a majority stake in Germany-based cybersecurity software Eperi in a deal that sees its previous venture capital backers Evolution Equity Partners and BtoV exit the business.

Axcel exits Aidian to Nordstjernan

Private equity firm Axcel has sold Finnish in-vitro diagnostics (IVD) company Aidian to family investment office Nordstjernan.

Triton partially exits Aleris to EQT Infrastructure for EUR 286m

Private equity firm Triton has divested the radiology arm of Aleris to EQT Infrastructure while also selling its primary care arms to Swedish outpatient player Praktikertjänst.

EQT to tap €15.7bn-infra fund V for InstaVolt buyout, Zouk Capital exits

EQT Infrastructure has agreed to tap its €15.7bn infrastructure fund to buy UK electric vehicle charging operator InstaVolt from Zouk Capital. The post EQT to tap €15.7bn-infra fund V for InstaVolt buyout, Zouk Capital exits

Advent seeks to buy Chinese bakery chain Wagas at up to $1bn valuation – report

Global buyout major Advent International is in advanced talks to buy Chinese health-food and bakery chain Wagas, Bloomberg reported, quoting sources. The post Advent seeks to buy Chinese bakery chain Wagas at up to $1bn

Hidden Harbor exits 100-year-old vehicle parts maker Cloyes to MidOcean Partners

MidOcean Partners has bought 100-year-old vehicle parts maker Cloyes from Hidden Harbor Capital Partners. The post Hidden Harbor exits 100-year-old vehicle parts maker Cloyes to MidOcean Partners first appeared on AltAssets Private Equity News.

Backed VC raises EUR 150m across two new funds

Backed VC has raised EUR 75m for seed fund Backed Core 2, as well as a further EUR 75m for Backed Encore 1, which will make follow-on investments in the VC’s growing portfolio companies.

FSN reinvests in Active Brands alongside Verdane

European sponsors FSN Capital and Verdane have announced a co-investment in Norway-based premium sports clothing and equipment company Active Brands.

China Renaissance PE arm Huaxing said to strike $800m second close for Fund IV

China Renaissance's private equity arm Huaxing Growth Capital has reportedly reached an $800m second close for its fourth flagship US-dollar fund. The post China Renaissance PE arm Huaxing said to strike $800m second close for

European early-stage investor Backed raises €150m fund pair

London-based VC investor Backed has raised €150m across a pair of new funds targeting European early-stage deals. The post European early-stage investor Backed raises €150m fund pair first appeared on AltAssets Private Equity News.

Equistone buys into German cloud cybersecurity specialist Eperi, VC pair exit

Equistone Partners Europe has bought a majority stake in German cloud cybersecurity software provider Eperi from venture capital houses Evolution Equity Partners and btov. The post Equistone buys into German cloud cybersecurity specialist Eperi, VC

Fiducia strikes first close for debut fund, picks up backing from Singapore private equity firm

Japanese investor Fiducia has hit a JPY3.26bn (28.3m) first close for its inaugural fund thanks to a string of instutional investors including a Singapore-based private equity fund. The post Fiducia strikes first close for debut

August Equity mandates Rothschild for Amtivo exit

August Equity has hired Rothschild to explore a sale of UK-based ISO certification provider Amtivo, two sources familiar with the situation said.

Oaktree explores Ascot Lloyd sale advised by Houlihan Lokey

Oaktree Capital Management has appointed Houlihan Lokey to gauge interest in UK wealth manager Ascot Lloyd, four sources familiar with the situation said.

Vaaka invests in digital staffing company Bolt.Works

Vaaka Partners has signed a deal to become the main shareholder in Finnish digital staffing platform Bolt.Works, in what could be the first investment made via the sponsor's new fund.

Gilde Buy Out rebrands as Rivean Capital

European mid-market GP Gilde Buy Out Partners has announced its rebrand to Rivean Capital.

BlackRock eyes new Secondaries & Liquidity Solutions fund

BlackRock has registered BlackRock Secondaries & Liquidity Solutions II (SLS II), according to a regulatory filing.

Silverfleet exits Pumpenfabrik Wangen to Atlas

Silverfleet Capital has sold industrial pump manufacturer Pumpenfabrik Wangen to Swedish industrial manufacturing conglomerate Atlas Copco.

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