Permira Funds makes €1.9bn strategic investment in Adevinta

Permira, a global private equity firm focused on growth at scale, has made a strategic investment in Adevinta ASA (Adevinta). Funds advised by Permira have agreed to acquire approximately 125 million shares in Adevinta from eBay Inc (eBay), representing a 10.2 per cent ownership. Upon closing of the transaction, Permira Partner and Head of Consumer, […]

CVC agrees to acquire a $470m stake in Aleph Holding, valuing the company at $2bn

Global private equity firm, CVC Capital Partners’ (CVC) Fund VIII has acquired a majority stake in Aleph, a partner to the world’s biggest digital media players. The closing of the transaction is subject to customary conditions precedent, and is expected to occur by August  2021. Aleph operates in over 90 markets worldwide, reaching two billion […]

EXCEL Esports raises €20m

EXCEL Esports (EXCEL), a leading British esports franchise competing in League of Legends, Fortnite and VALORANT, has secured €20 million (£17 million) in new equity capital. This financing round was led by investment firm JRJ Group which first acquired a majority shareholding in 2018 alongside TOMS Capital LLC, the family office of Noam Gottesman. Amongst […]

Gresham House invests £63m into UK full-stack high-speed internet provider

Gresham House, a specialist alternative asset manager, has invested GBP63 million into full-stack UK internet service provider Telcom Group through its British Strategic Investment Fund (BSIF). The commitment will enable Manchester-based Telcom Group to accelerate its delivery of ultrafast and reliable fibre connectivity to commercial and residential properties across the UK, underpinned by its own […]

VTB Capital invests in IVI

VTB Capital has led a $250 million investment round in IVI, a Russian online cinema and streaming service, and is now one of the company’s largest shareholders. Yuri Soloviev, First Deputy President and Chairman of the VTB Management Board, says: “Our country has the largest Internet user base in Europe, which is why digital transformation […]