KKR-backed Hensoldt targets year’s biggest German IPO

KKR-backed Hensoldt targets year’s biggest German IPO

KKR-backed defense supplier Hensoldt said it plans to go public in Frankfurt in what could be the year’s biggest German listing, as the European IPO market shows signs of recovery.   The size of the deal wasn’t disclosed but Bloomberg reported in July that KKR...

Advantage Solutions to go public in SPAC deal at $5.2bn valuation

Conyers Park II Acquisition Corp CPAA.O said on Tuesday it would merge with Advantage Solutions Inc, taking the sales and marketing services provider public at a valuation of $5.2 billion. The deal will be partly financed through a $700 million common stock private...
Deutsche Private Equity raises €1bn for its fourth fund

Deutsche Private Equity raises €1bn for its fourth fund

Munich-based Deutsche Private Equity (DPE) has held the first and final close of its fourth buyout fund at its hard cap of €1bn. The DPE IV fund is nearly double the size of its predecessor, closed in 2017 at €575m. According to the firm, specialised in the DACH, or...