| Hello Hubsters, It’s Irien Joseph bringing you the Europe edition of the Wire from the London newsroom. Today’s focus is on exits, starting with Ardian agreeing to sell an automated dosing and dispensing system provider for the paint, coatings and ink industries. Sticking with exits, MCH-backed Europastry has launched its IPO. This follows a delay in its earlier IPO plans from this year. Next, I recap a few exits we covered in this week’s deal highlights, with comments from Monument Group’s Janet Brooks on her outlook for the exit market. Lastly, I highlight a list of seven private equity-backed deals PE Hub covered in the travel tech sector since the start of 2024. Paint off Ardian has agreed to sell an automated system provider for dosing and dispensing in the paint, coatings and ink industries. Read the premium version of the Wire to find out more details. Relaunch MCH Private Equity-backed Europastry, a frozen bakery products business, has launched an IPO. Check out the premium version of the Wire for the valuation and other details. Yesterday’s Europe Wire discussed IPOs, citing an EY report that showed “cautious optimism” for the global IPO market in the third quarter. For more on the food sector, stay tuned for Monday's Europe edition of the Wire, where reporter Sophie Rose speaks to Seven2 partner Bruno Candelier about the firm’s exit from Europe Snacks, a Paris-based label manufacturer of savory snacks. Deterring exits On the overall exit market, Monument Group partner Janet Brooks said that many GPs are holding out for better growth rates in their portfolio companies and an improved exit environment. Read the premium version of the Wire to find out Brooks’ outlook on the exit market and the other exits we covered this week. Bon voyage A trend towards experiences and digital in the travel sector has fueled private equity investments in travel tech, leading to a surge in deals. PE Hub has reported seven deals so far in the year. Check out the full story here to find out the other deals we covered in the sector. That’s it from me. Obey Martin Manayiti will write to you later today in the New York morning with the US edition, and Craig McGlashan will be on European Wire duty next week in London. Warmly, Irien Read the full Wire commentary on PE Hub ... | 