Inflexion Sells Lintbells to Vetnique Labs, Achieving 5.5x ROI

Inflexion Sells Lintbells to Vetnique Labs, Achieving 5.5x ROI

European mid-market private equity firm Inflexion is to sell its investment in Lintbells, a specialist in pet supplements which are sold under the YuMOVE brand name, to to Vetnique Labs, a portfolio company of Gryphon Investors. The sale marks a highly successful exit...
Tikehau to acquire Oaktree-backed CEBAT – Private Equity Wire

Tikehau to acquire Oaktree-backed CEBAT – Private Equity Wire

Global alternative asset manager Tikehau Capital’s private equity decarbonisation strategy is to make a majority investment in CEBAT, an Italian utility infrastructure service provider and portfolio company of funds managed by Oaktree Capital Management. Headquartered...
Vista leads majority investment in Nasuni at $1.2bn

Vista leads majority investment in Nasuni at $1.2bn

Software focussed private equity firm Vista Equity Partners has lead d strategic majority growth investment in Nasuni, an enterprise data platform for modern hybrid cloud environments, which values the business at approximately $1.2bn. TCV and KKR also participated in...
B&B Hotels attracts bids of over €3bn from KKR & CVC

B&B Hotels attracts bids of over €3bn from KKR & CVC

Two major private equity firms, KKR and CVC, have submitted bids exceeding €3bn for B&B Hotels, a French budget hotel chain that was founded in Brest, Brittany in 1990, and has since expanded to 17 European countries, according to a report by the Times. The report...
Astorg raises a €1.4bn Normec continuation fund

Astorg raises a €1.4bn Normec continuation fund

Astorg has closed the Normec Continuation Fund, capitalised with €1.4bn by lead investors CVC Secondary Partners, Pantheon, Lexington Partners and Eurazeo, alongside sovereign wealth funds, pension funds, asset managers and family offices. The fund was established to...