M&A
LBO France hires Ethica for Vetroelite exit

LBO France hires Ethica for Vetroelite exit

LBO France has appointed M&A adviser Ethica to sell Vetroelite, an Italian specialist containers manufacturer, according to several sources.

Consumer Services
Accent exits kitchenware retailer Cervera in sale to trade

Accent exits kitchenware retailer Cervera in sale to trade

Accent Equity and minority shareholders have agreed to sell their shares in Swedish interior design and kitchenware retailer Cervera to Norwegian trade buyer Kibord.

General Partners
Over a third of LPs track GPs on social media – survey

Over a third of LPs track GPs on social media – survey

Over a third of LPs track private equity fund managers on social media and around a quarter say social media has influenced their investment decisions, according to a survey by Brackendale Consulting.

Ares dips into fund profits to finance foundation

The firm will devote 5% of net gains from a $3.7bn credit fund to support charities and its AltFinance diversity effort

Angel / Venture
PAI buys Pasubio from CVC

PAI buys Pasubio from CVC

PAI Partners has agreed to acquire Pasubio, an Italian provider of premium leather for the automotive industry, from CVC Capital Partners.

Five years on from the Brexit referendum, is UK regulation going back to the future?

Advisers want a return to the 1980s, but a race to the bottom on regulation won't help the UK

Fintech and Finance
Blackstone leads €665m round for software developer Mollie

Blackstone leads €665m round for software developer Mollie

Blackstone Growth has led a $800m (€665m) series-C round for Netherlands-based e-payments software firm Mollie at a valuation of $6.5bn (€5.4bn).

Pharma and Healthcare
Healthcare valuations heat up as high-profile assets crystallise competition

Healthcare valuations heat up as high-profile assets crystallise competition

Reinvigorated by the massive boost in financing and attention received with the spread of the pandemic, the healthcare sector saw entry multiples pick up in Q1 2021 to hit a record high of 13.7x. Alessia

Angel / Venture
ABN Amro launches €425m Sustainable Impact Fund

ABN Amro launches €425m Sustainable Impact Fund

Dutch bank ABN Amro has announced the launch of its €425m Sustainable Impact Fund (SIF), a vehicle that will make both private equity and venture capital investments with a focus on sustainability.

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