Progressio raising EUR225m for fourth fund

Progressio raising EUR225m for fourth fund

Progressio SGR, the Italian private equity firm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary deal flow over the past five years. Progressio will raise EUR225 million for a final close at the end of 2017,...
CVC and Cinven make noise in £1.5bn sale of Audiotonix

CVC and Cinven make noise in £1.5bn sale of Audiotonix

The private equity backer of Six Nations Rugby is drawing up plans for a £1.5bn bid for Audiotonix, the British-based manufacturer of equipment used by bands such as Coldplay. Sky News has learnt that CVC Capital Partners is among the private equity firms examining...