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Category: Portfolio Company News

European VC dealmaking remains strong despite slump from record 2021: PitchBook

European venture capital investment slumped from 2021's record highs last year as a combination of high inflation, rising interest rates, weak economic growth, and renewed geopolitical tension weighed heavily on the industry, new research from

Galdana Ventures eyes over €700m for final close of third fund of funds

Galdana Ventures, the venture capital arm of AltamarCAM Partners, is expecting to raise more than $700m at the final close of its new flagship fund later this year. The post Galdana Ventures eyes over €700m

Waterland roars to €4bn for double hard cap fund close after just four months in market

European private equity house Waterland has hauled in €4bn of new capital across its latest flagship fund and a specialist vehicle to reinvest in exited companies. The post Waterland roars to €4bn for double hard cap

Trio of new partners at Alpine Investors help firm ring in new year

Software-focused private equity house Alpine Investors has named a trio of new partners amid a string of new year promotions and hires. Dorothy Walter, Daniel Cohen and Jake Brodsky become partners at the San Francisco-based investor,

Vista scores part-exit of legal software specialist Zapproved to Leeds Equity portfolio business

Vista Equity Partners has agreed to sell a majority stake in Zapproved, an e-discovery software provider for corporate legal teams, to Leeds Equity Partners portfolio company Exterro. The post Vista scores part-exit of legal software

Deal Box launches $125m VC arm targeting Web3 startups

Deal Box, a capital markets advisory and secure token offering packaging platform, has launched a $125m venture capital arm targeting Web3 startups. The post Deal Box launches $125m VC arm targeting Web3 startups first appeared

DBAG turns focus to proprietary dealflow as auctions slowdown

Frankfurt-listed sponsor Deutsche Beteiligungs AG is turning its focus to more proprietary deals this year amid the uncertain M&A environment, partner Thilo-Anyas Koenig told Unquote.

Spain’s Arcano strikes €450m for latest target-beating secondaries fundraise

Arcano Asset Management, the investment arm of Arcano Group, has hit a €450m final close for its latest target-busting secondaries fund. The post Spain’s Arcano strikes €450m for latest target-beating secondaries fundraise first appeared on

HashKey Capital shrugs off crypto bear market with $500m Fund III close

Hong Kong-based crypto venture capital investor HashKey Capital has raised more than $500m for the final close of its third fund, amid the crypto industry attempting to shake off a prolonged bear market. The post

Northzone follows €1bn fundraise by bringing in Malhi as growth-focused partner

European early-stage investment major Northzone has brought in ex-Matrix Partners exec Sanjot Malhi as a partner focused on growth deals. The post Northzone follows €1bn fundraise by bringing in Malhi as growth-focused partner first appeared

Blackstone closes world’s biggest secondaries fund on more than $22bn

Blackstone has set a new high-watermark for private equity secondaries fundraising by drawing in more than $22bn for its latest fund in the strategy. The post Blackstone closes world’s biggest secondaries fund on more than

KKR Closes Acquisition of Clinisupplies and Welcomes Oliver Johansen to the Board of Directors

KKR to support organic and inorganic growth to enhance Clinisupplies’ leadership position in collecting devices and expand its broader chronic care portfolio Oliver Johansen, former Senior Vice President, Global Research and Development at Coloplast, to

EQT on track for 2023 final close for Fund X

Pan-European sponsor EQT is aiming for a 2023 close for EQT X on EUR 20bn having raised EUR 15.4bn by year-end 2022, and a further EUR 1bn committed to date in 2023, according to the

US-based Tioga Capital beats Fund III target, eyes more Sun Belt investments

Real estate investment house Tioga Capital has scored an $80m final close for its oversubscribed third fund, well above its $60m target. The post US-based Tioga Capital beats Fund III target, eyes more Sun Belt

TA Associates eyes global expansion of 40-year-old Indian pharma business Synokem

TA Associates has made a strategic growth investment in 40-year-old Indian business Synokem Pharmaceuticals. The post TA Associates eyes global expansion of 40-year-old Indian pharma business Synokem first appeared on AltAssets Private Equity News.

Series A rounds likely bright spots in VC investing in Q1 2023 – KPMG

Investments in Series A rounds are expected to be the bright spot of VC activity in the near term, while transactions are likely to take longer to complete amid macro woes a soft environment for

Certior Capital holds first close for second PE emerging managers fund

Finland-headquartered Certior Capital has held a first close for its second emerging managers-focused fund against a EUR 80m target; the fund expects to make its first investment imminently, Partner and founder Timo Hara told Unquote.

S&P Global divests engineering solutions business to KKR in $975m deal

Markets intelligence giant S&P Global has agreed to sell its engineering solutions business to KKR in a $975m deal. The post S&P Global divests engineering solutions business to KKR in $975m deal first appeared on

Heartwood Partners seals sale of seawall, dock and flood protection materials specialist CMI

Veteran mid-market private equity house Heartwood Partners has exited CMI Limited, a designer and manufacturer of engineered solutions for shoreline preservation and access. The post Heartwood Partners seals sale of seawall, dock and flood protection

Going, going, not gone: PE auctions bid for relevance amid risk-off environment

Amid the deal frenzy of the past few years, private equity firms could all but guarantee successful exits with no better way to market their portfolio companies than via formal auction processes.

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