FSI eyes new fund with near EUR 1bn returned to LPs this year
Italian growth investor FSI has a new fund in sight after returning close to EUR 1bn to its limited partners via four exits, chief investment officer Barnaba Ravanne told Unquote.
Italian growth investor FSI has a new fund in sight after returning close to EUR 1bn to its limited partners via four exits, chief investment officer Barnaba Ravanne told Unquote.
Irish sponsor Melior Equity Partners is exiting its insurance broker portfolio company BHP Insurance in a sale to Apax and Carlyle-backed PIB Group after 18 months of investment.
Marco Lattuada, Intesa Sanpaolo’s global head of investment banking and structured finance, has stepped down from his role to join French bank BNP Paribas, sources said.
Against an increasingly complex background, European PE activity slowed markedly in 3Q22 bringing down the average long-term EV/EBITDA multiples of sponsor-backed transactions, the latest Clearwater Multiples Heatmap shows.
Wise Equity is set to exit its majority investment in Italian manufacturer of high-end bicycle tyres Vittoria to UK-based mid-market private equity firm Telemos Capital.
Tech sponsor Hg has agreed to sell Transporeon to US-listed industrial technology group Trimble in a deal that values the German transportation management software provider at EUR 1.88bn.
Kester Capital has agreed to sell Vixio Regulatory Intelligence, a UK-based provider of global regulatory intelligence to the payments and gambling markets, to European private equity investor Perwyn.
IK Partners is exiting Studienkreis, a German centre-based tutoring provider, in a sale to edtech company GoStudent.
CVC Capital is weighing strategic options for QA that could lead to an exit or the breakup and sale of parts of the UK-based IT training provider as early as next year, six sources familiar
Egeria is set to sell its majority stake in Netherlands-based IT services provider Ilionx to Northern European sponsor FSN Capital.
German listed investor Deutsche Beteiligungs AG (DBAG) has seen the valuation of its investments drop by 15.1% over the current financial year amid “unexpected influences” from geopolitical and macroeconomic uncertainties, according to its annual result
Growth equity investor Gresham House Ventures has sold its equity stake in outdoor apparel manufacturer Equip Outdoor Technologies, the parent company of specialist outdoor brands Rab and Lowe Alpine.
Texas-based buyout house Capstreet has sold refining and petrochemical maintenance project planner OnPoint Industrial Services after seven years in its portfolio. The post Capstreet ends seven-year OnPoint ownership with exit to MML Capital first appeared
European venture capital valuations have held up well in the last quarter amid the overwhelming bearish market conditions prevalant since the beginning of the year, new research shows. The post European VC values holding up
Sponsors exiting portfolio companies in Europe this year have been unable to count so much on the appetite of strategic players.
Mid-market investor Palm Beach Capital has sealed a 9.3x return by fully exiting Cadre Holdings, a provider of safety and survivability equipment for first responders, federal agencies and outdoor enthusiasts. The post Palm Beach Capital
Dominus Capital, a business services and light manufacturing-focused investor, has exited collegiate, leisure and corporate hat and clothing company L2 Brands. The post Dominus Capital exits L2 Brands to Sentinel Capital after tripling size of
European sponsor 21 Invest has agreed to acquire a majority stake in Trime from Wise Equity following a competitive process for the Italian lighting tower manufacturer.
Italian private equity firm Armonia has agreed to exit BioDue in a deal with Riverside, which will acquire a controlling stake in the Italian company specialised in the development, manufacturing and commercialization of food supplements,
Energy-focused dealmaking major EnCap Investments has agreed to sell battery storage business Jupiter Power to BlackRock Alternatives. The post EnCap seals Jupiter Power sale to BlackRock Alternatives as second Energy Transition Fund exit first appeared