| Happy Friday! It's Sophie Rose here with the Europe Wire from the London newsroom. I will be covering Irien Joseph’s Friday newsletter throughout January while she enjoys a well-deserved holiday. Before we start, I’d like to remind everyone that the deadline to send nominations for PE Hub’s Deal of the Year Awards is today, Friday, January 10. You can find more information through the link or at the end of this newsletter. Let’s kick things off with a look into a deal from one of CVC’s portfolio companies. Mehiläinen has agreed to acquire a Lithuanian medical network that offers primary, specialist, dental and hospital care. Next, we have a round-up of our first full week of 2025. Many private equity firms have started the year on a high note, making promotions across teams. IK Partners has promoted three to partner, amid the opening of a new office in Munich. Meanwhile, ECI has made five promotions. Baltic push CVC-backed Mehiläinen has agreed to acquire InMedica Group from INVL Baltic Sea Growth Fund, AB City and Litgaja. For more on the deal, take a look at the premium Wire coverage here. New year, new job As our first full week of 2025 draws to a close, some private equity firms have announced promotions to kick off the year. For more on that, take a look at the full Wire coverage here. Deal of the Year Awards: Deadline Day Today is also the deadline for submissions for the 35th annual Deal of the Year Awards, which honor exceptional buyouts that were fully or mostly realized in 2024. Winners will be selected in six categories, plus an overall winner, and the results will be published on PE Hub in March. PE Hub’s Deal of the Year Awards 2025 categories are: Large-Cap North America – recognizing the sale of a company with an enterprise value at the time of the exit of $1 billion or moreLarge-Cap Europe – recognizing the sale of a company with an enterprise value at the time of the exit of $1 billion or more Mid-Cap North America – recognizing the sale of a company with an enterprise value at the time of the exit of $200 million to $1 billionMid-Cap Europe – recognizing the sale of a company with an enterprise value at the time of the exit of $200 million to $1 billion Small-Cap North America – recognizing the sale of a company with an enterprise value at the time of the exit of $100 million to $200 millionSmall-Cap Europe – recognizing the sale of a company with an enterprise value at the time of the exit of $100 million to $200 million Deal of the Year – recognizing one of the category winners as the best LBO exit of 2024. This will be given to the single deal that stands out for its innovation and execution. There is no separate nomination for this category. Send in your nominations today! Click here to submit your nomination. That’s all from me this morning, I will be back with you next Friday! John R Fischer is on US Wire Duty later today and Nina Lindholm will write to you on Monday with the Europe edition. Best wishes, Sophie Read the full Wire commentary on PE Hub ... | 