Good morning, Nina Lindholm here with the Europe Wire from the London newsroom.
Digital transactions are in the spotlight this morning as we take a deep dive into Bain Capital’s acquisition of Namirial. PE Hub’s Irien Joseph caught up with Bain partner Giovanni Camera to learn how Namirial aims to pursue global expansion and what role EU regulations will play in that process.
Next, we take a closer look at EQT’s exit from consumer health business Karo, as partner Erika Henriksson walks us through the sale amid tariff turmoil.
We stay with the exit theme to finish, as we delve into the IPO market with the help of a first quarter report by EY.
With the US now pausing tariffs – except for China – for 90 days, PE Hub is continuing to seek commentary about the impact on private equity from thought leaders. Senior reporter Michael Schoeck will share insights from DealMAX later this morning. If you have thoughts to share, send email to editor-in-chief Mary Kathleen (MK) Flynn at mk.flynn@pei.group.
Regulatory reasons
Bain Capital saw an opportunity to tap into strong growth in digital transactions and the ensuing need to secure such processes by investing in Namirial, Giovanni Camera, partner, told PE Hub’s Irien Joseph. The private equity firm will look to strengthen the company’s already strong Italian market share while simultaneously pursuing global opportunities – helped in part by new regulation coming to the EU.
Check out Irien’s full story to learn more about the growth plans for Namirial and the trends in the DTM market.
Getting it done
EQT announced the sale of a consumer health platform Karo Healthcare to KKR during a week that was “more turbulent” than the firm hoped for, partner Erika Henriksson told PE Hub. We first covered the transaction yesterday following murmurs about the sale.
To learn Henriksson's thoughts on tariff impact and the consumer health segment, check out the full Wire coverage.
Rewriting rulebooks
Global IPO markets in the first quarter of 2025 have experienced “profound uncertainty,” shaped by significant geopolitical shifts, according to EY’s Q1 global IPO report. But the figures show the market recovered too, to some extent.
For my takeaways from the report, take a look at the premium Wire.
That’s all from me. Michael Schoeck will bring you insights from DealMAX later today in the US edition, while Irien Joseph is on Europe duty tomorrow.
Cheers,
Nina
Read the full Wire commentary on PE Hub ...
