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PropTech company JetClosing eyes new markets after closing $9bn Series B round

PropTech startup JetClosing has bagged $9m in its Series B round amid a plan to move into new markets.

Advent, Cinven complete €17.2bn Thyssenkrupp elevator unit buyout signed before Covid-19 pandemic

Global private equity giants Advent and Cinven have closed their €17.2bn takeover of Thyssenkrupp's sought-after elevators business, one of the biggest buyout deals to be completed since full force of the coronavirus pandemic struck.

Vitruvian Partners races to $4bn hard cap close for new fund raised entirely during lockdown

Vitruvian Partners has wrapped up a rapid $4bn raise for its fourth flagship fund, taking less than three months to hit its hard cap.

PE firms eyeing lucrative Italian football broadcast rights forced to wait as clubs mull options – report

Private equity majors eyeing the lucrative broadcasting rights of Italy's top football league have been forced to wait after its clubs asked for more time to assess the proposals, Reuters has reported.

KKR taps $1.3bn Impact Fund for Spanish online job training, exam prep provider MasterD

Global private equity giant KKR has bought a majority stake in Spanish vocational training business MasterD.

Ardian buys French insurance broker Finaxy from Equistone Partners Europe

Ardian has bought a majority stake in Finaxy, a French multi-specialist B2B and B2C insurance broker, from fellow private equity investor Equistone Partners Europe.

Dell family investment arm MSD Partners soars past target to reach $825m credit fund close

MSD Partners, a subsidiary of Michael Dell's family private investment firm, has soared past its latest fundraising target to reach an $825m final close.

Corsair Capital commits to B2B payment, credit solutions provider MSTS in buyout from World Fuel Services

Business and financial services-focused private equity firm Corsair Capital has agreed a buyout of MSTS, a global B2B payment and credit solutions provider, from World Fuel Services Corporation.

Goldman Sachs PE arm eyes up to $17bn across loan, special situations fundraises – report

The private equity arm of Goldman Sachs is reportedly eyeing up to $17bn across a pair of new fundraises targeting private debt and special situations investments.

Permira, Coller among UK PE firms teaming up to fight climate change

A group of private equity majors including Permira and Coller Capital have teamed up to help fight climate change through the launch of a new international network.

Europe’s VC firms defy Covid-19 woes with deal surge – with one region even on track to beat record 2019 total

Europe's venture capital industry has staged a remarkable fightback against the coronavirus-induced market slump by posting one of the largest dealmaking totals on record in Q2.

Industrials-focused Crossplane Capital clears $155m for ongoing debut fundraise

Industrials-focused private equity house Crossplane Capital has taken its first plunge into the fundraising market, hauling in at least $155m for its debut investment vehicle.

Crestview Partners commits to water-focused finance company Upwell

Crestview Partners has invested in San Francisco-based water-focused specialty finance company Upwell Water.

One Equity Partners brings Infobip to $1bn valuation through Series A investment

One Equity Partners has become the first outside investor in cloud communications platform Infobip through a Series A deal which values the business at more than $1bn.

BC Partners buys into automatic machine maker IMA at €2.93bn valuation

Global buyout house BC Partners has agreed to buy into automatic Italian machinery maker IMA through a stake purchase in current owner Societa Finanziaria Macchine Automatiche (Sofima).

Core Industrial Partners created new plaftform business with Incodema, Newcut buyouts

Chicago-based private equity house Core Industrial Partners has completed the buyouts of Incodema and Newcut to launch a new business specialising in metal sheet engineering and photo-chemical etching.

Ex-Blackstone senior exec Akazhanov joins HIG Capital as Advantage Fund managing director

Former Blackstone senior exec Timur Akazhanov has been brought in by HIG Capital as a managing director of the firm's Capital’s Advantage Fund.

TZP Group names two new partners amid string of hires

New York private equity house TZP Group has revealed a pair of new partners among a string of new hires at the firm.

DW Healthcare Partners sells home, residential care provider Caregiver after five-year hold

DW Healthcare Partners has agreed the sale of home and residential care business Caregiver after a five-year hold.

THL Partners seals quick Juvare exit to Rothschild private equity arm, two years after Intermedix spin-out

Rothschild's private equity arm Five Arrows has picked up critical incident preparedness and response software company Juvare from Thomas H Lee Partners.

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