Digital Transformation
GCP sells Infinity Works to Accenture

GCP sells Infinity Works to Accenture

Growth Capital Partners (GCP) has sold digital consultancy Infinity Works to Accenture.

Pharma and Healthcare
Heal Capital invests in Actio

Heal Capital invests in Actio

Heal Capital has made an investment in healthy lifestyle coaching app Actio, extending the €8.5m funding round raised by the company in December 2020 to €10m.

Nestlé to sell water brands to private equity for $4.3bn

World’s largest bottled-water maker seeks to sharpen its focus on more lucrative, premium brands in North America

Software and Hi-Tech
Sofinnova, Ally Bridge lead $108m Mainstay round

Sofinnova, Ally Bridge lead $108m Mainstay round

Sofinnova Partners and Ally Bridge Group have co-led an equity financing of $108m for medical device company Mainstay Medical.

Huge re-ups see Novacap hit $1.86bn TMT VI close, more than double TMT V total

Canadian private equity house Novacap has raised its largest-ever fund by bringing in more than $1.86bn to close its TMT VI vehicle.

Baird Capital pockets 4x return with Collingwood sale

The buyer of UK's LED lighting products maker is sustainability-focused firm Ambienta

Hamilton Lane hauls in $3.9bn for biggest fund yet through Secondary Fund V final close

Hamilton Lane has scored a $3.9bn for its biggest fund yet through the final close of its fifth vehicle targeting private equity secondaries.

Software and Hi-Tech
Hamilton Lane Closes fifth secondaries fund

Hamilton Lane Closes fifth secondaries fund

Hamilton Lane has secured commitments of $3.9bn for the latest vehicle in its global secondaries strategy.

Portfolio Company News
DACH exit rebound expected in H2 2021

DACH exit rebound expected in H2 2021

While recent months have presented unique logistical problems for sponsors looking to sell portfolio companies, as well as for parties looking to buy them, market players are gearing up for a rebound in exit closings

Apollo banks on continued Covid volatility with $2.34bn close of latest dislocated credit fund

Apollo Global Management has raised more than $2.3bn for the final close of its latest Accord fund targeting dislocated credit deals.

Software and Hi-Tech
Holland Capital, Join Capital invest in RheoCube

Holland Capital, Join Capital invest in RheoCube

Holland Capital and Join Capital have announced an investment of more than $2m in Netherlands-based laboratory research and development simulation platform RheoCube.

Warburg Pincus seals Hygeina trade sale to Germany industry major EW Group

Private equity major Warburg Pincus has agreed to sell its food safety and environmental testing portfolio business Hygiena to trade buyer EW Group.

HSBC Asset Management looks to tap ‘underserved’ UK mid-market PE debt market with new lending platform

HSBC Asset Management has launched a UK-focused direct lending investment capability as part of a plan to boost the firm’s alternative investments platform.

One Rock seals $4.3bn buyout of Nestlé’s North American bottled water business

One Rock Capital has agreed a $4.3bn buyout of Nestlé's North American bottled water business alongside investment house Metropoulos & Co.

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