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Category: Software and Hi-Tech

Golding Buyout 2018 holds final close on €375m

Golding Capital has held a final close for its latest buyout-focused fund-of-funds, Golding Capital 2018, on €375m.

TA enters talks to buy private equity-backed French ERP group DL Software

TA Associates has entered exclusive talks to make a majority growth investment in DL Software, a French group of enterprise resource planning software providers.

Finch holds first close for third European fintech fund

Early-stage venture capital firm Finch Capital has held a first close on €85m for its third fund, Europe III, which will invest in European fintech companies.  

Levine Leichtman names new head of Europe in wake of $463m fund close targeting region

Levine Leichtman Capital Partners has a new head of Europe after promoting John O’Neill to the role.

Bain, Cinven to acquire Lonza Specialty Ingredients

Bain Capital and Cinven have entered into an agreement to acquire Lonza Specialty Ingredients (LSI) from listed Switzerland-based chemicals company Lonza.

Apollo-backed low-cost airline Sun Country continues to ride out Covid crisis as it launches IPO

Apollo Global-backed low-cost airline Sun Country has filed to list on the Nasdaq stock exchange despite a troubled time for airlines since the start of the Covid-19 pandemic last year.

Golding holds final close of buyout fund at €375m

Fund will focus on digital transformation opportunities

Ex-Ares, Cerberus dealmaker Alex Wolf’s Kingswood Capital strikes $230m hard cap fund close

Kingswood Capital, the lower mid-market private equity house launched by former Ares and Cerberus exec Alexander Wolf, has hit a $230m hard cap final close for its debut fund.

Kester Capital backs Optibrium

Kester Capital has acquired a majority stake in drug discovery software developer Optibrium.

Hedge funds start the year by outperforming the global equity market led by distressed debt and event driven strategies

Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 0.37% in January 2021, outperforming the global equity market as represented by MSCI ACWI (Local) which gained 0.11% over the same period. Global equities

TA Associates to invest in French company DL Software

Growth investor TA Associates has entered exclusive negotiations to acquire a majority stake in DL Software, a France-based group of enterprise resource planning (ERP) software providers.

Big LP reup helps Finch Capital hit first close for €150m fundraise as firm doubles down on fintech startups

A huge reup from returning LPs has seen Finch Capital strike a first close for its €150m-targeting third fund aimed at European fintech and AI startups.

MML acquires Western Global in £90m deal

MML Capital has acquired industrial liquid storage company Western Global for an enterprise value of £90m.

Golding Capital raises biggest-ever buyout fund of funds, eyes H2 for launch of follow-up vehicle

Golding Capital Partners has raised its biggest ever buyout fund of funds at €375m - and is already prepping for its follow-up raise before the end of the year.

DeA Capital buys coffee producer Ekaf Cellini

DeA Capital Alternative Funds has acquired a majority stake in Italian coffee specialist Ekaf Cellini.

Sanitiser, disinfectant chemical specialist Lonza SI bought by Cinven, Bain Capital in $4.7bn deal

Private equity majors Cinven and Bain Capital have agreed to buy microbial control chemical specialist Lonza Specialty Ingredients in a CHF4.2bn ($4.7bn) deal.

Cornell Capital, Trilantic NA create AI-powered healthcare staffing platform with triple buyout

Private equity investors Cornell Capital LLC and Trilantic North America have bought healthcare staffing specialists Trustaff Management and CardioSolution alongside AI-driven online job marketplace Stella.ai.

PE-backed borrowers with risky loans hope to boost their green credentials

Some companies are asking investors to trim their interest costs on risky loans if they hit ESG targets

Robinhood to push forward with IPO despite GameStop backlash

Robinhood has recently added $2.4bn in a round led by Ribbit Capital and a further $1bn from current investors

Covid revenue boom for Notonthehighstreet sees Great Hill Partners come in as majority investor

UK curated online marketplace Notonthehighstreet has been bought by growth equity firm Great Hill Partners following stunning revenue growth amid 2020's pandemic lockdowns.

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