Europe edition, free version

View this email online 

 
 

The Wire

Private equity deal news and insights from the London newsroom

Sep 6, 2024

 

Main shares details on M&A plans for Bizzdesign; BU goes for majority stake in Communardo; A week in financial services deals

Morning Hubsters,

 

It’s PE Hub reporter Irien Joseph bringing you the Europe edition of the Wire from the London newsroom.

 

We’ve got some fresh insight on Main Capital Partners’ enterprise architecture management EAM company Bizzdesign, which acquired an add-on earlier in the week, as managing director Sven van Berge Henegouwen outlines to us what future acquisitions will look like.

 

Sticking with software, we then look at Bregal Unternehmerkapital’s acquisition of a software and consultancy service provider for the digital workplace.

 

Lastly, I round up five deals we covered in the financial services industry in this week’s highlights.

 

Add-on and on

Main Capital Partners has already got another add-on lined up for its portfolio company Bizzdesign, as we covered in the Europe Wire yesterday, but the firm is planning even more – details of which Sven van Berge Henegouwen, managing director, shared with PE Hub.

 

Subscribe to the premium version of the Wire to find out Main’s M&A plans for Bizzdesign.

 

Digital workplace

Bregal Unternehmerkapital (BU) has bought a majority stake in a software and consultancy service provider for the digital workplace, Sophie Rose reports.

 

In the money

Private equity firms have been finding plenty of opportunities in the financial services sector, from areas as diverse as insurance to wealth management to equipment leasing.

 

This week had a particularly varied bunch, so we decided to round up the five European deals in the financial services sector we reported this week.

 

Read the full version of the Wire to find out the deals we reported.

 

That’s it from me. Obey Martin Manayiti will write to you later today in the New York morning with the US edition, and Craig McGlashan will be on European Wire duty next week in London.

 

Warmly,

 

Irien

 

Exciting news

PE Hub and PE Hub Europe have merged into a single, unified PE Hub platform, as part of our commitment to providing you with a richer, more comprehensive view of the private equity deals landscape. It’s a win-win for our whole audience: PE Hub readers gain access to our in-depth coverage of European PE dealmaking, and PE Hub Europe readers gain access to our in-depth coverage of North American PE dealmaking. simply log in to the PE Hub platform, using your PE Hub or PE Hub Europe account email address, to access the latest dealmaking insights, key transactions, and expert analysis from across both regions.

 

Whether you’re looking to stay on top of the market or find your next big opportunity, our richer, more comprehensive deals coverage will keep you ahead of the curve.

 

Reach out to subscriptions@pei.group to book a no-obligation tour of PE Hub’s newly expanded deals coverage.

 

Read the full Wire commentary on PE Hub ...

Today's must reads

> Stanley Black & Decker to test interest in engineered fastening group, sources say More...
> Back to school: Private equity dealmakers are bullish again on education More...
> Pressure from LPs among the factors facilitating exits, European dealmakers say More...
> Carlyle seeks SAP players in Western Europe and US to bolster Seidor More...
> 'Perpetual demand' for healthcare drove Jo Natauri to launch Invidia More...

Also of note (may require subscriptions)

 

CVC: UK tax changes could push staff to relocate. On the firm's first results call since its IPO, CVC chief executive Rob Lucas says the UK government's proposed carried tax hike will ‘probably’ influence staff relocation. (Private Equity International)

 

The uphill battle to revive the deal market: The M&A market is proving sluggish, meaning credit funds reliant on the private equity-sponsored arena are facing a challenge. Creativity is the way to respond. (Private Debt Investor)

 

New anti-money laundering rules challenge private funds: ‘The private equity industry has been subject to a public discourse that makes the industry a convenient target, but not a valid one,’ Simpson Thacher partner Abram Ellis says. (Private Funds CFO)

 

Is the need for impact data hurting emerging markets? It is often harder to collect data in the regions that need impact capital the most. (New Private Markets)

 

HMC Capital: A ‘homegrown entity’ for Australia’s energy transition. Former PM Julia Gillard talks to Infrastructure Investor about chairing HMC Capital’s new fund – its ‘differentiated’ first infrastructure strategy.

Deals

> Oaktree to hand over control of Banca Progetto to Centerbridge More...
> New Mountain-backed Rawlings, Apixio's PI business and Varis merge, forming healthcare payment accuracy platform More...
> RiverGlade-backed Dynamic Infusion acquires Columbus Specialty Nursing and ProNurse Homecare & Infusion More...
> PPC Enterprises-backed Indus Valley Partners to acquire fintech firm IntegriData More...
> TPG to acquire digital business Altimetrik More...
> MCI-backed eSky buys Thomas Cook More...
People
> Oaktree Capital opens new office in Zurich More...
> Blue Wolf recruits Carpenter as operating partner More...
> Brighton Park Capital appoints Williams as operating partner More...

They said it

“Integration will also be a focus, but we are constantly looking at how we can expand the geographical reach and product portfolio of Bizzdesign.”

— Sven van Berge Henegouwen, managing partner, Main Capital Partners

 

Today's letter was prepared by Irien Joseph

Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article.

FIND OUT MORE
 

London | New York | Hong Kong | Tokyo | Sydney

PEI Group Ltd is registered in England no.6135779

Registered office: 5th Floor, 100 Wood Street, EC2V 7AN

LinkedInTwitter
 

To update your PE Hub email preferences, or to unsubscribe, click here.