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Month: October 2022

Financial Services Capital hires Kieren in IR team

European financial services investor Financial Services Capital (FSC) has hired Geraldine Kieren as a vice president on its investor relations team.

Palatine exits Veincentre in SBO to CBPE

Palatine has sold its stake in UK-based varicose vein treatment clinic chain Veincentre to CBPE Capital.

Emeram celebrates big revenue, assets expansion at Firstcolo with sale to Cube Infrastructure

Cube Infrastructure Managers has agreed to acquire firstcolo datacenters from Emeram Capital Partners. The post Emeram celebrates big revenue, assets expansion at Firstcolo with sale to Cube Infrastructure first appeared on AltAssets Private Equity News.

Another fibre deal from Foresight Group seems firm back F&W Networks rollout

Veteran UK private equity and infra investor Foresight Group has bought into F&W Networks to support the roll out of the company's full-fibre-to-the-premise network. The post Another fibre deal from Foresight Group seems firm back

DevOps platform Plandek, used by PE portfolio businesses, gets YFM Equity Partners backing

UK investor YFM Equity Partners has led a £4.5m investment round for Plandek, a DevOps analytics platform that aims to enable technology teams to deliver quality software faster and more predictably. The post DevOps platform

Record high for US VC fundraising despite ‘distressed’ dealmaking environment

Concerns LP would seek to drop their exposure to venture capital amid the current public market turbulence appear completely unfounded, with US VC fundraising reaching a new annual high of $150.9bn with a quarter of

Fidelity markets EUR 1bn-plus debut direct lending fund

Fidelity International is actively marketing its maiden European direct lending vehicle, for which it is seeking to raise at least EUR 1bn, Unquote's sister publication Debtwire reports.

The Bolt-Ons Digest – 17 October 2022

The Bolt-ons Digest is a compilation done by Unquote with the main add-on deals announced by PE-backed companies in Europe over the last few days.

Lightrock to tap net-zero scale-ups with EUR 860m climate fund

Impact investor Lightrock will look to make around 20 growth investments in companies specializing in net-zero technologies with its inaugural EUR 860m Climate Impact Fund, a person familiar with the situation said.

Fresh from its $10bn fund close, Veritas Capital agrees CAES Space Systems buyout

Tech and government investment specialist Veritas Capital has followed its weighty $10.65bn Fund VIII close from earlier this week with the buyout of electronics maker CAES Space Systems. The post Fresh from its $10bn fund close,

Advent to merge Caldic with Wilbur-Ellis’ Connell

Advent International and Wilbur-Ellis have agreed to merge their life sciences and specialty chemicals solutions businesses, Caldic and Connell, to extend their global reach.

Top Gun: Maverick production company Skydance Media hits $4bn value with KKR-led investment

The media production company behind recent box office hit Top Gun: Maverick has hit a $4bn valuation thanks to a new investment round led by private equity giant KKR. The post Top Gun: Maverick production

Clearview Capital scores another hard cap close with $850m Fund V

Clearview Capital has hit another hard cap close by hauling in $850m for its fifth flagship buyout fund. The post Clearview Capital scores another hard cap close with $850m Fund V first appeared on AltAssets

Palladium sells coffee creamer specialist GoodWest to Jordan Company’s Sunny Sky

US buyout house Palladium Equity Partners has agreed to sell coffee creamer, cold brew and iced coffee specialist GoodWest Industries. The post Palladium sells coffee creamer specialist GoodWest to Jordan Company’s Sunny Sky first appeared

Qualium bets on high dry powder level to sustain exit valuations

French sponsor Qualium Investissement is optimistic that the USD 1.8tn dry powder gathered by private equity funds will continue to support its strong exit returns despite the increasingly global gloomy economic forecast, said managing partner

Advent creates €3bn revenue chemicals company by merging Caldic with Wilbur-Ellis’ Connell

Advent International has merged its portfolio business Caldic with Wilbur-Ellis' Connell to create a life science and chemicals company with combined revenues of about €3bn. The post Advent creates €3bn revenue chemicals company by merging

CapDyn’s 2022 fundraising streak continues with €521m renewable energy vehicle

Asset manager Capital Dynamics has continued its strong fundraising year with a €521m final close of its latest renewable energy investment vehicle. The post CapDyn’s 2022 fundraising streak continues with €521m renewable energy vehicle first appeared

Tilia Impact on the market for EUR 32m early-stage fund

Czech sponsor Tilia Impact Ventures is on the market to raise its second fund targeting early-stage startups across central and eastern Europe, Partner Andrew Gray told Unquote.

Vitruvian reignites exit plans for aviation data firm OAG

Vitruvian Partners is reigniting its plans to exit UK-based aviation data firm OAG, four sources familiar with the situation said.

Alantra teams with cybersecurity veterans to launch €150m-targeting VC fundraise

Cybersecurity veterans Carlos Alberto Silva and Carlos Moreira da Silva have teamed with global asset management firm Alantra to launch venture capital firm 33N Ventures. The post Alantra teams with cybersecurity veterans to launch €150m-targeting

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