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Category: Valuation and Exit

A no-deal Brexit could well crush the finance sector, City execs warn

'It illustrates the uncertainty in the market as to what Brexit actually means, [and] what the future relationship will be,' said Andrew Pilgrim, EY's UK government and financial services leader

A no-deal Brexit is set to crush the finance sector, City execs warn

'It illustrates the uncertainty in the market as to what Brexit actually means, [and] what the future relationship will be,' said Andrew Pilgrim, EY's UK government and financial services leader

Brazil’s IPO boom fires up exit opportunities for private equity

Local investors have driven demand for Brazilian initial public offerings this year, in contrast to past booms

Forbion flies to €460m hard cap fund close in just weeks following recent exit success

European life science venture capital firm Forbion has sealed its fastest fundraise to date after hitting the €460m hard cap for its latest investment vehicle in just a few weeks.

Partners Group agrees to buy Wedgewood Pharmacy from New Harbor Capital

New Harbor Capital is exiting the provider of drug compounds for animals

TGI Fridays owner’s net asset value hit by pandemic

London-based Electra Private Equity said the valuation of its three largest investments--TGI Fridays, Hotter Shoes and Sentinel Performance Solutions--was reduced by £58.4m from September 2019

TPG, Northstar set for Jafpa’s Indonesia dairy business buy at implied $334m valuation

Private equity firms TPG and Northstar are set to buy 80% of the Indonesian dairy business of Asian agri-food business Japfa in a $334m deal.

EQT sells facility management provider Apleona to PAI Partners for €1.6bn

The exit of the German company is expected to be concluded early in the second quarter of 2021

Brexit negotiations in ‘difficult’ stage: ‘Time is in very short supply’

No 10's spokesperson made the comments as tension between the two sides has increased. The end of the transition period is less than a month away

Nazca exits Moldcom to Cranemere's ES Group

Nazca Capital has sold Moldcom Composites (McBath) to Engineered Stone Group (ES Group), a portfolio company of Cranemere.

Thoma Bravo buys back into Flexera at reported $2.85bn valuation, 12 years after $200m buyout

Thoma Bravo has bought back into TA Associates and Ontario Teachers' Pension Plan-backed IT management business Flexera at a reported $2.85bn valuation.

Investors in £60m round for Monzo at £1.24bn valuation

Investors have taken part in a £60m funding round for online bank Monzo.

Mobeus exits Vectair for 8.3x return

Mobeus has sold hygiene products supplier Vectair for an 8.3x return.

CenterOak Partners exits FullSpeed Automotive to MidOcean Partners after three-year hold

CenterOak Partners has sold FullSpeed Automotive to fellow private equity investor MidOcean Partners after three years in its portfolio.

Here is why Goldman Sachs says you should bet on the UK, even with Brexit looming

UK stocks are still available at a 10%-15% discount to Europe, and the long-term outlook isn't all bad, analysts argue

Mobeus scores 8.2x return with its second exit in a week

The firm has concluded its fifth exit this year, with an average money multiple in 2020 of 3.3 times its investments

STC Pay said to become Saudi Arabia’s first unicorn after close of new round

Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.

City warns of new pressure from Paris in battle for London’s finance crown post-Brexit

The French are expected to put pressure on other EU member states to close London’s perceived loopholes

EU negotiator en route to London for Friday evening Brexit talks

The UK’s transition period is set to end on 31 December, leaving just five weeks for a deal to be agreed

The number of unicorn companies jumped to 500, combined market value over $1.5tn

Opalesque Industry Update - In 2013, when the term unicorn emerged, only 40 private companies had a valuation of one billion dollars in the world. Since then, the number of these financial giants surged, rising

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