Angel / Venture
Sequoia Capital to invest in Auto1 prior to IPO – report

Sequoia Capital to invest in Auto1 prior to IPO – report

US-headquartered venture capital firm Sequoia Capital is to invest in Germany-based used car trading website Auto1 prior to its proposed IPO, according to a report from Bloomberg.

Angel / Venture
Eurazeo et al. in $180m round for $1bn-valued PPro

Eurazeo et al. in $180m round for $1bn-valued PPro

Growth and venture capital investors, including Eurazeo Growth, Sprints Capital and Wellington Management, have participated in a funding round worth more than $180m for payments firm PPro.

Sixth Street seals second insurance investment in a week through Talcott Resolution Life Insurance buy

Global investment house Sixth Street has made its second investment in a week by picking up Talcott Resolution Life Insurance.

NovaQuest Private Equity picks up contract development and manufacturing business CoreRx

Healthcare and life sciences investor NovaQuest Private Equity has bought contract development and manufacturing organization CoreRx.

Software and Hi-Tech
Montagu buys IMV from Qualium

Montagu buys IMV from Qualium

Montagu Private Equity has entered exclusive negotiations to acquire IMV Technologies from Qualium Investissement.

Montagu Private Equity buys reproductive biotech specialist IMV from Qualium Investissement

UK buyout house Montagu Private Equity has entered exclusive negotiations with Qualium Investissement and management to acquire IMV Technologies.

Software and Hi-Tech
Connection sells Carter to trade for 4x return

Connection sells Carter to trade for 4x return

Connection Capital has sold portable accommodation hire company Carter Accommodation Group to trade buyer Modulaire Group for a return of 4x money.

DC Capital brings in government markets veteran David Page as latest partner

Government and engineering-focused buyout house DC Capital Partners has brought in David Page as the firm's newest partner.

P4G Capital Management beats $200m target with debut private equity fund close

Private equity house P4G Capital Management has beaten its goal for its debut fundraise by holding a $209m final close.

Eurazeo invests in payments startup PPRO, UK’s newest unicorn

The Paris-based firm co-led a funding round alongside Sprints Capital and Wellington Management to raise a total of €153m for the British fintech

Blue Horizon Ventures beats target to close debut food sustainability VC fund on €183m

Sustainable food investment-focused venture capital house Blue Horizon Ventures has hauled in a target-beating €183m for the final close of its first flagship fund.

Sheridan Capital hits $300m hard cap final close for first fund targeting more than one LP

Healthcare-focused private equity firm Sheridan Capital Partners has hit a $300m hard cap final close for its first fundraise targeting capital from LPs other than its sole previous investor.

Angel / Venture
New Baltic fund targets €30m to back female founders

New Baltic fund targets €30m to back female founders

Estonia-based The Better Fund is aiming to raise €30m for investing in Baltic and Nordic startups with female founders and gender-balanced executive teams, founder Liina Laas told Unquote.

M&A deals in food and drink sector fell 40% in 2020, report finds

With private equity exit lagging buyout last year, in 2021 the number of exits would depend upon the strength of PE portfolios, says Mark Lynch, partner at Oghma Partners

Tech is bridging the divide between private equity and venture capital

The increasingly all-pervasive nature of technology is driving convergence between PE and VC styles of investing

Blackstone's Schwarzman Stays Loyal to Trump

The Blackstone chief executive stuck with President Trump despite the occasional slight, and stopped short of criticizing him even after the Capitol attack.

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