Insurtechs have long been overlooked by investors as fintechs’ smaller and less-attractive sidekicks. But now, as private equity firms search for rising stars, it seems some scaleups are finally getting to star in their own
Private equity major Cinven has agreed to exit working-at-height devices maker Tractel for €500m enterprise value. The post Cinven to exit working-at-height devices maker Tractel after seven-year hold first appeared on AltAssets Private Equity News.
The board of Ontario Teachers’ Pension Plan has agreed to exit funeral services company Mémora Group to Spanish insurance company Grupo Catalana Occidente for a €600m enterprise value. The post OTPP to exit funeral service provider
Intermediate Capital Group has almost doubled its predecessor to close its eighth European Corporate fund on €8.1bn. The post ICG almost doubles Europe VII to close €8.1bn fund VIII first appeared on AltAssets Private Equity
UK-based Octopus Ventures has launched its first dedicated pre-seed fundraise targeting early-stage startups across Europe. The post Octopus Ventures strikes first close for first dedicated pre-seed fundraise first appeared on AltAssets Private Equity News.
Permira and minority shareholders including The Ganivenq Family and Batipart are set to exit Vacanceselect, a campsite and mobile-home operator, in a sale to PAI-backed European Camping Group (ECG).
Tikehau Capital has held a €2.1bn final close for its flagship Direct Lending V fund. It has raised a record €3.3bn including commitments to the bespoke mandates and side vehicles of the same generation. The
Blackstone has agreed to buy into rooftop solar mounting system Esdec Solar Group from Rivean Capital. The post Blackstone to buy rooftop solar mounting system Esdec first appeared on AltAssets Private Equity News.
Secondaries giant Ardian has agreed to acquire a majority stake in French decentralized energy business GreenYellow at a valuation of €1.4bn. The post Ardian to buy majority stake in French decentralized energy business GreenYellow at €1.4bn
Clayton, Dubilier & Rice (CD&R) is forming a new global facilities management platform with the acquisition of two Europe-based, family-owned businesses.
Private equity major Advent International has made a €250m funding in EMEA and LatAM-focused contextual advertising agency Seedtag. The post Advent International makes €250m investment in contextual advertising agency Seedtag first appeared on AltAssets Private
BC Partners and Bain Capital have agreed to enter joint ownership for Italian specialty paper producer Fedrigoni. The post BC Partners joins Bain for Fedrigoni ownership at €2.7bn enterprise value first appeared on AltAssets Private
European mid-cap sponsor Mindful Capital Partners (MCP) is increasing its focus on the DACH region and the international expansion of its portfolio companies ahead of its next fundraise, managing partner Inna Gehrt told Unquote.
Concept Ventures, formerly known as RLC Ventures, has launched the largest pre-seed fund in the UK. The post Concept Ventures launches largest pre-seed fund in the UK first appeared on AltAssets Private Equity News.
European growth investor Synova has held the first and final close of its fifth flagship fund on its hard cap of £875m, beating its initial £750m target in just three months. The post Synova beats
BlackRock has held a £1.7bn final close for its Diversified Private Debt Fund designed specifically for UK pension schemes' investment and diversification across a variety of global private debt markets. The post BlackRock closes £1.7bn
Fund services provider Crestbridge has hired former Deloitte exec Anne Catherine as country head of Luxembourg to lead the business it the region. The post Crestbridge hires Anne Catherine from Deloitte to head Luxembourg business
The UK-headquartered listed sponsor Bridgepoint is in the final stretch of its EUR 7bn fundraise for Bridgepoint Europe VII, with the vehicle expected to hold a final close in H1 2023, the GP revealed in
Trilantic Europe is set to acquire a majority stake in Passione Unghie, an Italian nailcare e-commerce company, from Orienta Capital Partners; founders and the exiting sponsor will retain minority stakes.
European private equity house Triton has agreed to exit Ewellix to Schaeffler in a €582m deal. The post Triton marks first realization from Triton V with Ewellix exit first appeared on AltAssets Private Equity News.
