Morning all, Craig McGlashan here with the Europe Wire from the London newsroom. Women’s health is a sector with huge potential in which private equity is investing more and more – but the market is not without its challenges, PE Hub’s Sophie Rose writes this morning in a deep dive into the topic. Next, we reveal a couple of promotions to partner at BC Partners. Finishing up, we take a look at some of a host of deals announced this morning, involving Warburg Pincus, Latour Capital, Oakley Capital, Partners Group and CVC. Interaction Private equity is only just beginning to scratch the surface of a surprisingly untapped market, PE Hub’s Sophie Rose writes this morning in a feature on the women’s health sector. Read the premium version of the Wire to find out the views of Ally Vey, origination director at Phoenix Equity Partners, Randi Mason, partner and co-chair of corporate practice at Morrison Cohen and Pamela Applefeld, managing director at InTandem, on some of the challenges in the market. Check out the full feature to learn more about the size of the women’s health market, why it’s growing and its outlook. Promotions BC Partners is promoting two of its private equity investment team to partner, PE Hub can reveal. Find out who, as well as details on BC Partners' MOIC and IRR over its last three funds, in the premium version of the the Wire. Back in action? I’ve been hearing that deal process launches, at least in the mid-market, are picking up. There’s evidence of that this morning at least – we’ve got a string of deals to report, details below. Are readers noticing a pick-up and a return to optimism that 2025 will be a strong year in European dealmaking? Send your views to me at craig.m@pei.group Now, a quick look at some of this morning’s deals. Warburg Pincus is buying a majority stake in Germany’s Uvex Group. Latour Capital has acquired Lynxeo, the industrial cable division of Nexans. For more on why carve-outs are on the rise, check out this deep dive. Finally, Oakley Capital’s Iconic BrandCo has invested in premium lifestyle brands Smythson of Bond Street, Fornasetti and Fabbrica Pelletterie Milano. That’s all the European deals I can fit in this morning – but check out some of the others in the Deals section below or on the Deals page of PE Hub. Finance play Away from Europe, Partners Group has sold its final stake in Aavas Financiers, an affordable housing finance company in India, to CVC Capital Partners. For more on why international private equity firms are doing deals in India, check out Irien Joseph’s deep dives here and here. That’s all from me today. Obey Martin Manayiti is in the US chair later today and I’ll write to you again from London tomorrow. Cheers, Craig Read the full Wire commentary on PE Hub ... |