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Month: April 2022

Scout24 eyed by buyout groups including H&F, EQT, Permira

Buyout groups Hellman & Friedman (H&F), EQT and Permira have discussed the prospect of exploring a bid to take Scout24 private, two sources familiar with the matter said.

Fine art, valuables storage and shipping specialist Cadogan Tate bought by TSG Consumer

TSG Consumer Partners has agreed to buy a majority stake in fine art and valuables storage, moving and shipping specialist Cadogan Tate. The post Fine art, valuables storage and shipping specialist Cadogan Tate bought by

H2 Equity exits premium logistics group Cadogan Tate to TSG

Private equity firm TSG Consumer Partners has agreed to acquire a majority stake in Cadogan Tate, a UK-based valuables transportation provider, from H2 Equity Partners

Strong Fund I performance helps healthcare-focused Havencrest beat $300m target to close sophomore fund

Healthcare-focused private equity house Havencrest Capital Management has beaten its target for its second fund thanks to strong performance from its debut investment vehicle. The post Strong Fund I performance helps healthcare-focused Havencrest beat $300m

Lead Edge Capital storms past $1.95bn for Fund VI close, more than double Fund V total

Early Spotify and Delivery Hero backer Lead Edge Capital has raised over $1.95bn for the final close of its sixth fund, more than double the amount it collected for Fund V. The post Lead Edge Capital storms past $1.95bn for

Multiples Heatmap: UK and Ireland deals pass 14x mark in Q4

Propelled by formidable levels of activity, long-term multiples for PE deals in Europe continued their seemingly unstoppable rise in Q4, according to the latest Clearwater Multiples Heatmap.

Institutional investment pair help Ares to initial $250m close for new secondaries fund

Investment major Ares Management has launched a new private equity secondaries fund with more than $250m of initial capital. The post Institutional investment pair help Ares to initial $250m close for new secondaries fund first

Gimv forms digital marketing agency Olyn

Belgian private equity firm Gimv has formed a new French digital marketing agency with EUR 35m in revenue through investments in four companies.

Inflexion sells Marley for 3.5x, 58% IRR

Inflexion has sold its stake in UK-based pitched roof tile manufacturer Marley Group to listed construction company Marshalls for GBP 535m, generating returns of 3.5x money and 58% IRR.

Inflexion scores 3.5x return through Marley Group trade sale

European buyout house Inflexion Private Equity has scored a 3.5x return selling Marley Group to FTSE250 listed Marshalls. The post Inflexion scores 3.5x return through Marley Group trade sale first appeared on AltAssets Private Equity News.

ODDO BHF PE arm said to eye €500m for sophomore secondaries fundraise

The private equity arm of Franco-German financial services veteran ODDO BHF is reportedly out eyeing up to €500m for its sophomore secondaries fundraise. The post ODDO BHF PE arm said to eye €500m for sophomore

B2B-focused MissionOG surges past Fund III goal with $167m final close

B2B-focused growth investor MissionOG has beaten its target for its new fundraise by pulling in $167m for a final close. The post B2B-focused MissionOG surges past Fund III goal with $167m final close first appeared

Turn/River Capital marks huge fund size increase with $1.35bn Fund V hard cap close

Tech-focused buyout firm Turn/River Capital has soared to a $1.35bn hard cap close for its fifth flagship fund, more than triple the size of its predecessor vehicle. The post Turn/River Capital marks huge fund size

Accent exits Motum to Mitsubishi Electric

Nordics-focused investor Accent Equity has sold Sweden-based elevator service provider Motum to Japan-based Mitsubishi Electric Corporation.

Base10 Partners leverages Covid automation boom with biggest fund close yet

Base10 Partners has leveraged its success targeting automation startups through the pandemic by raising $460m for its biggest fund to date. The post Base10 Partners leverages Covid automation boom with biggest fund close yet first

5AM Ventures ups fundraising ante with $750m across new flagship, later-stage funds

Biopharma, medical tech and life sciences-focused 5AM Ventures has raised $750m across a new pair of funds targeting startups across the early and late-stage of investment. The post 5AM Ventures ups fundraising ante with $750m

Kempen reaches EUR 245m final close for second PE fund

Kempen Capital Management has held a EUR 245m final close for Kepmen European Private Equity Fund II (KPEF II), surpassing its target of EUR 200m.

Dental Directory sees Exponent, Equistone bare teeth in sale second round

Buyout groups Exponent and Equistone are among suitors to have progressed to a second round of bidding for Dental Directory, the UK-based dental products and equipment supplier being carved out of IDH Group, two sources

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