Phoenix exits Forest Holidays for 3x money
Phoenix Equity Partners has sold UK-based holiday cabin business Forest Holidays to holiday lettings agency Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge.
Phoenix Equity Partners has sold UK-based holiday cabin business Forest Holidays to holiday lettings agency Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge.
Sun European Partners has agreed to sell C&K, a manufacturer of high-quality electromechanical switches, to trade buyer Littelfuse at a $540m valuation. The post Sun European Partners sells C&K for $540m after almost doubling company’s
Altor is preparing to exit Transcom, a Sweden-headquartered business process outsourcing (BPO) services provider, through a dual-track process, two sources familiar with the situation said.
Global private equity giant KKR had reportedly raised more than €6bn for the first close of its latest European buyout fund. The post KKR said to pass €6bn in first close of latest hefty European
A pair of private equity majors have teamed with Canadian pension giant CPPIB to launch an improved €2bn takeover of property-focused German financer Aareal Bank. The post PE pair, CPPIB back with improved Aareal Bank
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.
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
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
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
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
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.
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
Belgian private equity firm Gimv has formed a new French digital marketing agency with EUR 35m in revenue through investments in four companies.
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.
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.
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 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
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
Nordics-focused investor Accent Equity has sold Sweden-based elevator service provider Motum to Japan-based Mitsubishi Electric Corporation.
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
