Good morning, Nina Lindholm here with the Europe Wire from the London newsroom.
We start in the lower mid-market this morning, as Weight Partners Capital investment director David Jolly shares his outlook for his firm’s target market: UK healthcare services.
Next, we switch over to one of the most talked about segments: defense. Tikehau Capital has entered exclusive discussions to acquire a Belgian provider of visualization systems for the aviation, air traffic control and defense markets.
To finish, we return to healthcare, as Bridgepoint has agreed to take a controlling stake in an automated external defibrillators distributor.
Bucking the trend
Weight Partners Capital (WPC) expects lower mid-market dealflow to fare better despite an otherwise subdued second half of the year, David Jolly, investment director, told PE Hub.
Jolly told us about his expectations for the rest of the year, sectors he finds attractive and the exit markets.
To learn why WPC trusts in the lower mid-market and UK healthcare services, check out the premium Wire coverage.
Check out the full story for Jolly’s thoughts on the exit markets and more.
In defense
Defense-related assets are attracting greater attention due to Europe’s commitment to increasing its spending in the sector, Guillaume Suizdak, co-head of European industrials at Lincoln International, told PE Hub in a recent interview.
We have a fresh deal from Tikehau Capital in the segment, as the firm has entered exclusive discussions to acquire ScioTeq, a visualization systems provider for avionics, defense and air traffic control markets.
For more on the deal and Tikehau's strategy, take a look at the full Wire coverage.
For more on European defense, check out my feature exploring private equity’s role in modernizing the segment.
Health and safety
I recently renewed my first aid qualification, and one key part of the training is familiarizing yourself with operating defibrillators. While the device is designed to be easy to use even without prior training, I still highly recommend looking up how to use them and figuring out where the nearest one to you is.
I’m not here just for a health and safety PSA. Bridgepoint has agreed to acquire a controlling stake in Safe Life, an automated external defibrillators (AED) distributor.
To learn the valuation and more about Safe Life, take a look at the premium Wire coverage.
(Note: Bridgepoint owns PEI Group, the publisher of PE Hub.)
That’s all from me. MK Flynn will write to you later with the US edition, while Craig McGlashan is on Europe duty tomorrow morning.
Cheers,
Nina
Read the full Wire commentary on PE Hub ...
