Dealmaking

Apollo expected to launch $5bn sports vehicle; Verlinvest is taking Insomnia Cookies into train stations and airports

Also, Blackstone portfolio company Legence has launched the roadshow for its proposed IPO.

Bridgepoint’s Xavier Robert: ‘Strong pipeline’ for rest of year; Agilitas completes Tietoevry Tech Services carve-out; Three Hills’ LCap agrees add-on

Three Hills-backed advisory group LCap has acquired Peoplewise.

Bridgepoint’s Xavier Robert: Feels like a ‘renaissance’ in European mid-market

The bullish view on Europe comes as macro events means ‘it really feels like uncertainty is the new normal.’

PE Hub’s top stories from August included our Q2 report, 15 notable deals and private equity enthusiasm for opening up 401(k)s to alt assets

A look at some of our recent stories that you may have missed, including: our quarterly report on Q2 – which delivered the lowest volume of completed private equity deals since the same quarter in 2020; 15 notable deals that managed to close in the first half of the year, despite the uncertainty in the market; reaction to the executive order that helps pave the way toward opening up 401(k) and other workplace retirement plans to alternative assets.

Oakley’s Steven Tredget sees growth potential in Europe; 3i Group agrees Mait exit to DBAG; Blackstone mulls minority stake sale in Desotec

Deutsche Beteiligungs (DBAG) is acquiring Mait, a mid-market IT consultancy and software integration business, from 3i Group via an MBO.

Oakley Capital’s Steven Tredget: AI boom opening training company opportunities

As workers need to re- or upskill in the face of automation, companies that provide digital courses and certification become more attractive.

How VCs are fueling innovation in defense tech

The ongoing shift from big, expensive military assets like battleships and fighter jets to smaller, more agile and less costly ones positions Anduril and other venture-backed companies to win more government and commercial contracts and draw more capital from investors.

Where are the exit paths for defense tech start-ups?

Mismatched valuation expectations are impeding defense tech acquisitions.

Marondo eyes German defense SMEs; Bain Capital, Cinven agree pharma biz sale to CapVest

Bain Capital and Cinven have agreed to sell a majority stake in Stada Arzneimittel to CapVest Partners.

Germany’s Marondo targets dual-use defense SMEs for new fund

Co-founder and partner Marko Maschek explains how Marondo Capital aims to exploit the potential of Germany’s ‘Mittelstand’ for dual-use defense and critical infrastructure applications.