Deals

The deal takes the firm’s Sub-Saharan Africa fund to more than 50% invested.

The duo is acquiring the laboratories business from PAI Partners in a €1.8 billion deal.

The firm has agreed to acquire a significant stake in GCR as it continues to deploy its dedicated Sub-Saharan Africa Fund.

Singapore’s sovereign wealth fund GIC also co-invested alongside L Catterton in pool and spa retailer Leslie’s Holdings, which CVC originally bought in 2010.

Axel Meyersiek joins as a senior partner and will be based in BC Partners’ Frankfurt office.

The European firm has acquired Sweden’s Happy Socks in the fifth deal from its fourth fund, which is nearing a final €400m close.

Proposed guidelines on leveraged transactions may increase restrictions on banks and present greater opportunities for private debt funds.

Blackstone Core Equity Partners, which has at least a 15-year investment time horizon, saw an attractive opportunity in a music licensing and royalty company.

Asia-based private equity market participants expect a tougher year for fundraising as well as more competition for big-ticket deals.

Amandeep Sandhu, chair of the India practice group at law firm McMillan, and Ravipal Bains, an associate, look at the reasons the sub-continent is so attractive.