Business Services
Equistone buys Ligentia

Equistone buys Ligentia

Equistone Partners Europe has acquired a majority stake in supply chain company Ligentia.

Software and Hi-Tech
Mayfair acquires Seraphine from Bridgepoint for £50m

Mayfair acquires Seraphine from Bridgepoint for £50m

Mayfair Equity Partners has acquired maternity clothing company Seraphine from Bridgepoint Growth for around £50m.

CenterOak continues powerful start to Fund I realisations with Service Champions sale

CenterOak Partners has sealed its third exit from its $420m debut fund by selling HVAC and plumbing services company Service Champions. The post CenterOak continues powerful start to Fund I realisations with Service Champions sale

Public
Westlake sells Somatex to trade for $64m

Westlake sells Somatex to trade for $64m

Berlin-headquartered Westlake Partners has sold its stake in Somatex Medical Technologies to listed US-based medical devices company Hologic in a deal valuing Somatex at around $64m.

Fintech and Finance
IK buys LSA from BlackFin

IK buys LSA from BlackFin

Private equity firm IK Investment Partners has entered exclusive discussions to acquire a majority stake in French online insurance brokerage platform LSA from BlackFin Capital Partners.

Angel / Venture
Index, General Catalyst in $100m round for Bloom & Wild – report

Index, General Catalyst in $100m round for Bloom & Wild – report

Index Ventures and General Catalyst have invested in a $100m funding round for online flower retailer Bloom & Wild, according to a report by Sky News.

MidOcean Partners kicks off 2021 with LYNX Franchising buyout

Consumer and business services-focused private equity house MidOcean Partners has bought cleaning and disinfecting, item restoration and virtual office services provider LYNX Franchising. The post MidOcean Partners kicks off 2021 with LYNX Franchising buyout first

Politics
Waterland to acquire Yieldkit

Waterland to acquire Yieldkit

Waterland Private Equity is soon to acquire marketing optimisation software platform Yieldkit.

TA Associates unveils veteran investor Nedungadi as CEO amid string of New Year promotions

TA Associates has named its veteran managing partner Ajit Nedungadi as CEO amid a string of New Year promotions at the firm. The post TA Associates unveils veteran investor Nedungadi as CEO amid string of

Bridgepoint and Summit to put Calypso up for sale this year

The San Francisco fintech was seen generating up to $100m in Ebitda in 2020 and could sell for up to $2bn, people familiar with the matter said

Responsible investment must improve and outperform the market, not become the market

With its popularity only set to increase, there is a real risk that box-ticking homogeneity takes over

Software and Hi-Tech
Ace Aero Partenaires nets further €100m commitment

Ace Aero Partenaires nets further €100m commitment

Crédit Agricole, its regional subsidiaries and LCL have committed €100m to the aerospace-focused Ace Aero Partenaires fund.

Distressed
Covid-19 impact expected to be more severe than GFC – survey

Covid-19 impact expected to be more severe than GFC – survey

Three quarters of the GPs surveyed in Dechert's Global Private Equity Outlook, conducted in partnership with Unquote sister publication Mergermarket, expect Covid-19 to have a more severe effect on the market than the global financial

Mexico launches 50 year Formosa to reopen Lat Am

Mexico returned to familiar territory by becoming the first Latin American borrower of the year to issue bonds on Monday. The format, however, was less familiar, as the 50 year SEC-registered $3bn bond — launched

Europe's convertible bond market wide open in 2021

Rising equity markets, new lockdowns and a pick-up in M&A are expected to lead to a busy first quarter for convertible bond issuance in Europe, according to bankers.

Senior Barclays ECM banker quits

A senior equity capital markets banker has left Barclays after more than a decade at the UK bank.

Shard Capital creates new ECM division

Shard Capital, the London-based brokerage, is expanding into equity capital markets by hiring an entire team from Mirabaud Securities.

Stocks soar on good news but pandemic looms over ECM

Equity markets opened on a high on the first day of trading in 2021 and there are hopes that positive macro headwinds will provide strong momentum for equity capital markets deals. This is despite the

GMO: growth-value divide out of kilter

Ben Inker, head of asset allocation at GMO, reckons that growth stocks are overvalued relative to value stocks. But in fixed income markets he is less convinced of a bubble, with central banks compressing yields.

Berenberg picks Franzen for ECM execution

Berenberg has strengthened its investment banking division with two senior hires, the latest in a series of appointments it has made.

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