Allocations
As WHO classed the Coronavirus outbreak as a pandemic yesterday and governments are taking increasingly significant steps to ensure that businesses can weather the storm, private equity firms are holding back on M&A for the time being, according to Eight Advisory.
As the UK Government is about to step up its response and move from “contain” to “delay” phase, while the Chancellor announces measures for how small businesses can cope with the negative effects of Covid-19, the full impact of the outbreak on the private equity industry remains to be seen.
“Businesses that were presenting attractive medium and long term
LSP, a life sciences investor in Europe, has held its final close of LSP 6 at the USD600 million hard cap. This is the largest fund ever raised in Europe focused on life sciences ventures. LSP currently has USD1.1 billion of capital to invest across LSP 6, the LSP Health Economics Fund and LSP’s public fund and mandates.
LSP 6 will, like its predecessor funds, invest in 15-18, predominantly European private companies developing new medications or medical technologies, who turn cutting-edge scientific innovations into real-world healthcare solutions.
Due to strong investor demand LSP was able to raise USDF600 million, significantly more
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of ALC Schools, by affiliates of Palladium Equity Partners (Palladium).ALC offers alternative student transportation solutions for a variety of student populations, including special education, homeless, foster and other in-need students. ALC’s transportation solutions ease school districts’ transportation challenges by providing an exceptional level of safety and consistency for their most vulnerable students. Each day, ALC coordinates transportation for hundreds of districts and thousands of students across the country.
ALC has 23 field offices across the
Overhaul, a real-time supply chain integrity technology solution, has secured USD17.5 million in a growth investment round led by Edison Partners, with participation from Overhaul’s existing investor, Abbey International Finance Group. Launched in 2016, Overhaul leverages visibility to detect and automatically correct noncompliance within supply chains and has grown to be a trusted provider of integrity solutions for pharmaceutical, high-tech and food industry Fortune 100s moving freight globally.
Overhaul plans to use the investment to achieve its aggressive growth goals in 2020, bolster product offerings to support broad market use, grow its team in North America as well as in its
JLL Partners (JLL) has entered into a partnership with Bart Doedens, a specialist in the biomedical industry, to form Renovo Health, which seeks to buy, build, and develop materials technologies to provide a platform for improved efficacy across a spectrum of medical and dental procedures while offering an opportunity for near-term expansion. Renovo Health will focus on partnering with existing best-in-class operators, leveraging its deep expertise and organisational capabilities to facilitate organic growth as well as through the development of complementary offerings, operational improvement initiatives, and strategic mergers and acquisitions. JLL Partners has initially committed USD100 million to capitalise Renovo Health
Low interest rates and favourable debt markets have made it easier for private equity firms to pick up market-leading IT businesses, according to the. latest IT & Business Services M&A market report from Hampleton Partners, an international technology mergers and acquisitions adviser.The report highlights how PE buyers have grown their share of the sector’s M&A activity to 15 per cent of all transactions in 2019, compared to just under five percent in 2014.
PE firms armed with record amounts of capital are making big investments in the nine – or ten-digit range pushing up median deal sizes.
In 2018, the
Astarte Capital Partners, a specialist co-investment platform focusing on the real assets space, has closed its current fundraise and is contributing a percentage of its profits to Beyond Capital’s impact investment efforts.Beyond Capital Fund is a nonprofit fund that invests in companies to help improve the lives of people living below the poverty line in East Africa and India,
“When we launched Beyond Capital 11 years ago, we envisioned this exact arrangement with an aligned stakeholder,” said Eva Yazhari, Co-Founder and CEO of Beyond Capital. “Astarte Capital Partners is that most ideal collaborator — an institutional donor that believes
FundRock Management Company will launch a new operation that helps international institutional investors getting access to alternative asset classes, including private equity.
Through a partnership with Jean Edouard Mazery, FundRock is set to drive expansion into the French private equity real estate sector.
While already managing French funds under the Freedom to Provide Services passport regime, FundRock has decided to bolster its presence in France by establishing a newly created French AIFM based in Paris, named “FundRock France AM”, subject to prior authorisation from the Autorité des Marchés Financiers.
“We are excited about our expansion into France, which underlines
DeepCrawl, a cloud-based technical SEO platform, has raised USD19 million in a Series B funding round with Five Elms Capital and Beringea. The round is being led by Five Elms, a growth equity and venture capital firm focused on B2B software companies. To date, DeepCrawl has raised USD25.8 million through angel investments from Beaumont Capital and Series A funding led by Beringea. This latest funding round will primarily be used for R&D and investing in sales and marketing to drive greater market penetration in the US.
Today’s websites are becoming increasingly complex as brands continue evolving their online presence to
Universtone, a global private equity real estate investment and development firm has invested in Bondstone, a private equity real estate investment and asset management firm focused on the Portuguese market.
Bondstone was formed by Paulo Loureiro, a Portuguese real estate entrepreneur and a former executive director at Morgan Stanley in New York.
With offices in Lisbon and Porto, Bondstone plans to deploy a total investment of EUR400 million by the end of 2021, by co-investing with prominent investors in value-add and opportunistic strategies in the commercial and residential sectors. The strategies will include development, refurbishment and repositioning projects.
“I
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
