UK mid-market buyout house Livingbridge has agreed to sell Carousel Logistics to Danish private equity firm Axcel. The post Livingbridge exits Carousel Logistics to Axcel after eight-year hold first appeared on AltAssets Private Equity News.
Global asset management firm Tiger Global Management and veteran VC house TCV have led the biggest funding round in French history with the €486m Series D for Qonto, boosting its value to €4.4bn. The post Tiger,
Vienna-based online tutoring business GoStudent has hit a €3bn valuation thanks to a huge Series D round from a string of major investors. The post Edtech unicorn GoStudent doubles value to €3bn through latest funding
Private equity activity in the UK last year reached levels not seen since before the global financial crisis, a spectacular result given ongoing uncertainty caused by the coronavirus pandemic. The post UK leading Europe’s private
Lower mid-market focused private equity house Lonsdale Capital Partners sealed a 2.7x return from the exit of digital transformation consultancy P2 Consulting to Waterland-backed consulting firm Valcon. The post Lonsdale scores 2.7x return from P2
US pension giant PennSERS has made $350m of new commitments across private equity, credit and real estate. The post Another $350m of PennSERS alts commitments sees firm back PE, credit and RE funds first appeared on
European private equity house Triton has agreed a £1.2bn take private deal with UK pharmaceutical firm Clinigen. The post Triton to take UK pharmaceutical firm Clinigen private in a £1.2bn deal first appeared on AltAssets
UK private equity house Inflexion has announced a $715m sale of Halo Technology group, generating a 6x money multiple and 53% IRR for a four-year hold. The post Inflexion sells Halo Technology for $715m, generated 6x
Lloyds Banking Group private equity arm LDC has exited its investment in SRL Traffic Systems to 3i Infrastructure at 5.7x exit multiple and 124% of internal rate of return. The post LDC exits SRL Traffic
Agnafit Bidco, set up by private equity major Advent International and Aurora, the investment vehicle of Singapore's GIC, has withdrawn an $8bn bid for Swedish drugmaker Orphan Biovitrum (SOBI). The post Advent, GIC withdraw $8bn
AXA Investment Management's $168bn-managing alternatives arm has sealed the €1.2bn final close of its latest regulatory capital fund. The post AXA IM hits €1.2bn close for latest regulatory capital fundraise first appeared on AltAssets Private
Searchlight Capital has invested in Greek Islands and the Eastern Mediterranean-focused cruise operator Celestyal Cruises. The post Searchlight buys into ‘tremendously pandemic-resilient’ cruise industry with Celestyal Cruises deal first appeared on AltAssets Private Equity News.
LBO France has acquired a majority stake in French online garden and home product sellers ID Market and Sourcidys to accelerate growth across all digital channels and promote operating and sales synergies in the coming
German private equity house Golding Capital Partners has hired Christian Schütz from PIMCO for the newly-created role of Director ESG. The post Golding Capital hires Christian Schütz as the first Director ESG to liaise overall
Global buyout giant KKR has launched a €10.8bn buyout for Italy's largest phone company Telecom Italia, Reuters reported. Together with the net debt of €22.5bn, the deal would value the company at an enterprise value
Alternative asset manager Tikehau Capital has agreed to acquire a 25% stake in the share capital of MINT, which provides advertisers with a tool to automate the advertising planning and buying process. The post Tikehau Capital
Vauban Infrastructure Partners has agreed to acquire Norwegian public transportation operator Boreal Holdings from China Everbright Ltd. The post Vauban to acquire Norwegian public transportation operator Boreal to strengthen Nordic presence first appeared on AltAssets
Lower mid-market investor The Riverside Company has agreed to exit ACTINEO to data analytics provider Verisk at a “high IRR”, the firm said. The post Riverside to exit ACTINEO to Verisk at ‘high IRR’ first
Finnish private equity firm Certior Capital has held a first close on €83m for Certior Credit Opportunities Fund III, which has a target of €300m. The post Certior Capital holds first close for €300m-targeting Credit
European buyout house Equistone Partners has bought into UK-headquartered marketing services business adm Group to capture the opportunity in further consolidating the fragmented market. The post Equistone buys into marketing service provider adm Group to
