|
In today's Daily Pitch, you'll find: - A decade-long buildup of VC-backed startups promises a busy US IPO market in 2022.
- PitchBook analysts predict a big year in 2022 for US private equity.
- From 'solo VCs' to the rise of climate tech, our most-read articles of 2021.
| | | | | |
|
|
Analysts forecast a huge 2022 for US PE | | | (Nora Carol Photography/Getty Images) | | | The AUM of the big five public alternatives managers will eclipse $3 trillion this year. Funds over $5 billion will collectively raise $250 billion, including the three largest-ever buyout funds. And PE firms will close at least 400 middle-market software deals. These are just a few of the forecasts that PitchBook analysts made for private equity this year. Our Private Equity Outlook details seven predictions in US PE, including a big IPO year for private capital managers and new exit opportunities for PE-backed healthcare provider platforms. | | | | | | | What to watch for in the 2022 IPO market | | | (Andriy Onufriyenko/Getty Images) | | | After a standout year for public listings that padded the pockets of investors, the US IPO market has entered 2022 from a position of strength. Household names like Reddit and Chobani are lining up offerings, and a large volume of IPO-ready companies should keep the supply coming. But there are headwinds—from rising interest rates to declining sentiment for IPOs and SPACs—that threaten the market's momentum. | | | | | | | 2021 in review: Our top 7 articles | | | | | | | How Tiger Global changed venture capital dealmaking in 2021. [Business Insider] The EU hopes to classify some natural gas and nuclear power investments as climate-friendly. But what makes an investment "green"? [The Wall Street Journal] After a year dominated by Mars and space tourism, companies and governments are turning their attention to the moon in 2022. [The New York Times] | | | | | |
|
|
| Since yesterday, the PitchBook Platform added: | 38 Deals | 144 People | 48 Companies | 8 Funds | | | | | |
|
|
|
|
|
|
2018 Vintage European PE Funds | | | | | |
|
|
|
Oak HC/FT promotes Chandramouli to partner | | Oak HC/FT, a VC and growth equity firm that focuses on the fintech and healthtech sectors, has promoted Vig Chandramouli to partner. Chandramouli focuses on investing in healthcare companies. | | | | | |
|
|
GenFleet Therapeutics raises $75M | | | | | | Voyant Photonics raises $15.4M Series A | | | | | | Amberstone Biosciences picks up $12M | | | | | | Curi Bio lands $10M Series A | | Curi Bio has raised $10 million from investors including Dynamk Capital and DS Asset Management. Based in Seattle, the company is a creator of human stem cell-based products designed to aid the development of genetic medicines and cell therapies. | | | | | |
|
|
3G lands majority stake in window treatments company in $7.1B deal | | 3G Capital has agreed to acquire a 75% stake in Hunter Douglas, a Dutch manufacturer of window coverings and architectural products, at a $7.1 billion enterprise value. 3G will pay €175 (about $198) per Hunter Douglas share, representing a 73% premium to the company's closing share price on Dec. 30. The Sonnenberg family, which founded Hunter Douglas in 1919, will control the remaining 25% stake in the company. | | | | | | Gemspring Capital acquires JTI Electrical | | An affiliate of Gemspring Capital has acquired a majority stake in JTI Electrical & Instrumentation, a California-based designer and engineer of electrical and mechanical systems. Founded in 2000, JTI provides services to industrial processing facilities in the food and beverage, agriculture, manufacturing and energy industries. | | | | | |
|
|
Energy Impact Partners pulls SPAC plans | | ESG investor Energy Impact Partners has withdrawn its IPO registration for EIP Acquisition Corp I. The blank-check company was intended to target a business in the energy transition and decarbonization sector. EIP Acquisition had been seeking $300 million in its IPO. | | | | | | Littlejohn buys supply chain company Magnate Worldwide | | Investment firm Littlejohn & Co. has acquired Magnate Worldwide, a supply chain management company that provides freight logistics services. Portland, Ore.-based Magnate Worldwide was formed in 2015 by Magnate Capital Partners and CIVC Partners as a holding company designed to make logistics and transportation acquisitions. Magnate operates multiple brands for specialty freight delivery in industries such as fine arts, aerospace and healthcare. | | | | | | Delivery Hero takes over Spain's Glovo | | Delivery Hero has agreed to acquire a 39.4% stake in Glovo, bringing its holdings in the Spanish delivery app provider to more than 83% and valuing Glove at €2.3 billion, Reuters reported. The Barcelona-based startup has raised funding from investors including Luxor Capital, Mubadala, Drake Enterprises, Idinvest Partners and Lakestar. | | | | | |
|
|
|
|
No comments:
Post a Comment