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Category: Software and Hi-Tech

Download the November 2020 issue of Unquote

This month in Unquote: The much-anticipated wave of distressed opportunities has failed to materialise so far, but market participants are still readying for an uptick

Military vehicle, soldier armour developer TenCate gets Agilitas Private Equity backing

Agilitas Private Equity has agreed to buy soldier and military vehicle protection specialist TenCate Advanced Armour.

Cooler Future picks up €1.4m to build out climate change-aware investment app

Climate impact investing app developer Cooler Future has picked up €1.4m of funding from venture capital house Lifeline Ventures and a string of angel investors.

Why Wall Street feels it has little to fear from a Biden victory

Private equity executives may be worried, but ESG investing in America would be set to benefit

LDC looks to support Rhino’s international expansion through £36m investment

Lloyds Bank private equity firm LDC has backed European light vehicle accessories business Rhino Products in a deal valued at £36m.

Russia’s Vostochny Bank settles dispute tied to arrested US private equity investor

Settlement doesn’t directly affect criminal charges against Michael Calvey, though with main point of contention between parties resolved, case against him might be weaker

Dunkin’ to be sold to Inspire Brands for $8.8bn

The company, backed by private equity firm Roark Capital, would become one of the largest US restaurant operators

Covid-19 pandemic boosts start-ups behind virtual showings of property

As fear of exposure to the new virus is limiting the ability to visit properties and close on them, demand is booming for start-up firms that provide virtual ways to do this

European VC on course to hit new records despite Covid-19

VC deal value totalled €10.6bn in the Q3 alone, slightly above Q2’s €10.2bn, marking it only the third time quarterly deal value has exceeded €10bn

PE has a London problem – and it is hurting the UK

With the UK’s financial services industries centralised in London, companies in the rest of the country have been starved of essential funding

AMB :- European VC deal value totaled $12.3bn in Q3 2020

Laxman Pai, Opalesque Asia: European venture capital deal value totaled €10.6 billion ($12.3bn) in Q3 2020, marking one of the strongest quarterly showings on record, and the third time quarterly deal value has exceede...Article Link

Do Dunkin’ and Arby’s Go Together? Private Equity Group Bets $11 Billion They Do

Inspire Brands, backed by Roark Capital, is assembling a portfolio of quick-service restaurant chains it thinks will withstand the pandemic.

KKR & Co. Inc. Reports Third Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2020 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. This press release features multimedia.

Morgan Stanley Capital Partners completes investment into US Healthconnect

Morgan Stanley Capital Partners has completed an investment into US HealthConnect, a digital education strategies and engagement data solutions provider for the healthcare industry.

Brookfield Asset Management holds €1.14bn of its first European core-plus real estate fund

Brookfield Asset Management has closed its first European core-plus real estate fund, with a total capital pool of €1.14bn. The fund exceeded the initial target of €1bn and was backed by a range of investors

Blackstone buys Prologis’ UK logistics assets in £473m deal

Blackstone has inked a £473m deal to buy Prologis’ UK logistics properties in what has been called the largest sale of its kind in the UK. The portfolio comprises about 4.3m sq ft of buildings

Searchlight leads €114m convertible note round for GetYourGuide

Searchlight Capital has led a €114m convertible note round for tour guide business GetYourGuide.

LBO France buys majority stake in Prenax

LBO France has acquired a majority stake in subscription management business Prenax, with the management team and sponsor Andera Partners reinvesting alongside LBO France in the new structure.

Builders VC looks to raise $250m for its new fund

Builders VC, which supports companies innovating in “antiquated industries,” is looking to raise up to $250m for its new fund.

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