Private Equity 3d Briefing
×Fundraising & Mandates
EQT pe-insights.com, Eurazeo and Atomico are among five firms shortlisted to manage a proposed €5.8 billion European deep-tech fund. Separately, Charterhouse pe-insights.com secured a €1.1 billion first close for its latest European mid-market fund. Carlyle AlpInvest secondariesinvestor.com is targeting a massive $60 billion for its next fundraising cycle, while Ares Management pe-insights.com closed an $850 million continuation fund for Convergint Technologies amid a record secondaries wave.
Buyouts & Add-ons
Waterland pe-insights.com acquired a majority stake in Palletways, one of Europe's largest pallet distribution platforms, to fuel cross-border growth. The firm also scooped up safety-critical fastener provider Cooper Turner Beck pehub.com. Astorg pehub.com's portfolio company Solabia expanded with three strategic acquisitions, its first since Astorg's investment. KCP pehub.com agreed to buy luxury yacht brand Sunseeker, and Main Capital pe-insights.com took a majority stake in Swedish manufacturing software platform Good Solutions.
Exits & Secondaries
Lone Star pehub.com completed the sale of industrial manufacturer SPX Flow to ITT for over $4.7 billion. Peak Rock pehub.com is selling Spatial Business Systems to Blackstone-backed energy data platform Enverus. Ardian pehub.com agreed to sell its stake in management consultancy Nova Reperta to Tilleghem. The secondaries market remains active, with Bridgepoint secondariesinvestor.com eyeing growth after adding the Newbury team, Apollo S3 secondariesinvestor.com building its platform, and contingency value (CV) exits gaining acceptance.
Strategic Investments & Capital Deployment
Blackstone pe-insights.com proposed a $2.5 billion investment into a special-purpose vehicle tied to New World Development in a potential $4 billion transaction. TPG pehub.com invested $250 million in social care tech platform Findhelp. Neuberger Berman pe-insights.com led a $500 million Series E round in Nvidia-backed Ayar Labs at a $3.75 billion valuation. Warburg Pincus pe-insights.com is preparing a $1 billion bet on egg producer Global Eggs, targeting an $8 billion empire.
Market Dynamics & Portfolio Strategy
BC Partners pehub.com' Nikos Stathopoulos