Perusa to exit Müpro in SBO to IK
German private equity firm Perusa has agreed to sell portfolio company Müpro, an industrial fixings supplier, to IK Partners; the company’s management will reinvest with a minority stake.
German private equity firm Perusa has agreed to sell portfolio company Müpro, an industrial fixings supplier, to IK Partners; the company’s management will reinvest with a minority stake.
European investor Verdane has exited corporate management software Clausion in a trade deal to insightsoftware, after almost doubling the company's annual recurring revenues. The post Verdane exits corporate management software Clausion after doubling annual recurring
Chicago-based mid-market investor Tyree & D'Angelo Partners has hit a $350m hard cap final close for its third fund. The post Tyree & D’Angelo Partners hits $350m Fund III hard cap first appeared on AltAssets
KKR has led a $200m funding round in US cybersecurity software firm Semperis at a valuation said to be substantially higher than in its previous round which valued the company at $142m. The post KKR
MB Funds has agreed to exit Raksystems Group, a Finnish specialist in green building and property evaluations, in a sale to Trill Impact.
Private equity giant Advent International has raised the second-largest private equity fund in history by bringing in $25bn for its new flagship investment vehicle, GPE X. The post Advent pulls in $25bn to close second-largest
Allianz Global Investors has hit a €550m first close for its second diversified infrastructure equity fundraise. The post Allianz GI reaches €550m first close for new infra fundraise first appeared on AltAssets Private Equity News.
The $17.9bn-managing University of Michigan has made a string of new fund commitments across infrastructure, private credit, venture capital and private equity. The post University of Michigan reveals $280m of new alternative fund commitments first
B4 Investimenti is set to reach the end of the investment phase of its current fund by the end of 2023, when the Italian SME-focused sponsor plans to start fundraising for its new vehicle, CEO
Intermediate Capital Group has hit a $1.1bn final close for its latest Asia Pacific fundraise, eight years after raising its predecessor fund in the strategy. ICG set out to raise $1bn for Asia Pacific Fund
Thomas H. Lee Partners (THL) has agreed to make a majority investment in Sweden-based software developer Inriver; current shareholder Verdane will retain a significant minority stake.
German-listed sponsor Deutsche Beteiligungs AG (DBAG) will be targeting EUR 1.3bn-EUR 1.5bn for its new buyout fund when it hits the fundraising trail “at some point next year”, Tom Alzin, member of the board of
Stellus Capital Management has picked up $1.8bn of new credit investment firepower through the final close of its newest fund. The post Stellus Capital reveals $1.8bn of new credit firepower with latest fund close first
Threshold Ventures, the Silicon Valley investment veteran which rebranded from DFJ three years ago, has raised $450m across a pair of new funds. The post Threshold Ventures, rebranded from DFJ in 2019, raises $450m across
Chicago private equity house Benford Capital Partners has reached a $200m hard cap close for its sophomore fundraise, just two years after raising its debut vehicle. The post Benford Capital hits $200m Fund II hard
Houston Firefighters' Relief and Retirement Fund is the latest LP to commit to Nordic Capital's hefty new flagship fundraise. The post Another US pension fund commits to Nordic Capital’s hefty new flagship fundraise first appeared
Italian private equity firm Alcedo is heading for a final close for its fifth fund on EUR 235m by the end of June 2022, managing partner Michele Gallo and partner Marco Guidolin told Unquote.
Listed Paris-headquartered GP Eurazeo is expecting a final close on approximately EUR 1bn for its mid-market-focused Eurazeo PME IV fund in H1 2022, the firm said in its Q1 2022 results.
Levine Leichtman Capital Partners has brought in veteran IR specialist Lindsay Grider as global head of fundraising and investor relations. Grider will lead the firm’s global efforts to provide solutions for LLCP’s existing investors, develop
Tusk Venture Partners has hit a $140m final close for its third flagship fundraise, double the total it collected for its 2019 sophomore vehicle. The post Tusk Venture Partners hits $140m Fund III close, double
