Morning all, Craig McGlashan here with the Europe Wire from the London newsroom. We’ve got another entry in our Dealmakers to Watch series to open things up, as I speak to Anthony Catachanas of Tower Peak Partners about his career and his plans for his new firm. Catachanas stressed to me the importance of having a local presence when investing – and that’s something other dealmakers are focusing on, according to a new survey from Datasite. Next, Brookfield has thrown its hat into the ring to take property company Tritax EuroBox private, outbidding another suitor. Finally, Ardian has invested in an ophthalmology company. A local approach Anthony Catachanas’s career has taken him through investment banking in the heat of the Greek debt crisis to breaking into new markets with a Japanese bank. His latest position as co-founder and CEO of Tower Peak Partners allows him to bring that experience to bear – whether it’s the importance of local knowledge, staying the course through difficult times or backing businesses as well as projects – as the firm readies its first investments. Read more, including why Catachanas stresses the importance of local knowledge, in the premium version of the Wire. Editor’s note: PE Hub has launched a new series of profiles called Dealmakers to Watch. We’re featuring private equity professionals as they pivot to new challenges, such as moving to a new firm, launching a new firm, getting promoted to partner, launching an investment strategy, closing a significant deal or some other new endeavor. For more in the series, see these articles on PE Hub: - Women’s World Banking: Gender lens investing is more than backing women founders - ‘Perpetual demand’ for healthcare drove Jo Natauri to launch Invidia - Vistria’s Natasha Latif sees greater opportunities to make an impact in her new role - How a chance meeting led Jeff Aiello into a career in private equity - GCP’s Ravi Monteiro: Doubling down on sector strategy - Omnes Capital’s Serge Savasta: The renewables gamble that paid off ‘- Transformational time in technology’ led Chip Schorr to launch Niobrara - Renovus Capital’s new principal Gary Tang eyes opportunities in healthcare services - EQT Healthcare Growth’s Maarten de Jong: Scientifically speaking Election fever Other dealmakers expect to lean heavily on local market knowledge and connections over the next 12 months, according to a new survey from M&A platform provider Datasite. Read more in the premium version of the Wire. Competition Brookfield has agreed to a take-private of Tritax EuroBox, a London-listed property company investing in distribution centers across Europe, outpricing a rival bid from UK property investment company Segro. Details in the premium version of the Wire. Deal insight Ardian has purchased a majority stake in Vista Vision. For more on why private equity firms are investing in ophthalmology, check out John R Fischer’s interview with Nick Janiga, managing director, and Daniel Levin, director, of Stout about the global advisory firm’s Eye Care Industry Outlook 2024 report. OK that’s all from me today. Michael Schoeck will bring you the US Wire later today while Irien Joseph will be on Europe duty tomorrow. Cheers, Craig Read the full Wire commentary on PE Hub ... |