Good morning, Nina Lindholm here with the Europe Wire from the London newsroom.
Uncertainty around tariffs has slowed deal activity down in several sectors. The energy segment is not immune, and this morning, Vinson & Elkins’ Nadine Amr and Alex Lee share their views on the current energy dealmaking environment and what types of companies are capitalizing on the unsteady market.
We then shift to a sector enjoying increasing investor interest: defense. Danish buyout firm CataCap aims to raise a fund to back defense and aerospace companies to meet the growing demand.
To finish, we take a leap over to the consumer sector, where Inflexion has announced a sale of a majority stake in a British skincare brand to L'Oréal. We’ve got the valuation for you on that.
Reduced demand
New investment decisions have slowed down, particularly for major projects requiring significant upfront capital expenditureand in sectors heavily reliant on supply chains in countries that are subject to higher tariff rates, Nadine Amr, partner at Vinson & Elkins, told PE Hub.
To learn more about tariff impact on the segment and what types of businesses are faring better than others, check out the full Wire coverage.
For the thoughts of Amanda Tonsgaard, partner and head of investor relations at AIP Management, on tariffs, check out this Wire from last week.
For a wider look at European energy, you can read my feature on the topic. In it, experts from Apollo, Ardian, Lincoln International and Vinson & Elkins share their thoughts on opportunities in the sector.
I’m always keen to hear your thoughts, particularly in sectors of energy, industrials and financial services. Get in touch with me at [email protected].
Worthwhile opportunities
CataCap, a Danish private equity firm, aims to raise a fund to back defense and aerospace companies amid growing investor interest in this area, two of the GP’s senior executives told affiliate title Private Equity International.
If you'd like to know what kind of companies the fund plans to target, take a look at the premium Wire coverage.
I wrote about the shift in investor sentiment around defense assets and the opportunity to modernize them in a recent feature.
Beauty deal
Let’s switch to a fight against signs of ageing. Inflexion has agreed to sell its majority stake in British skincare brand Medik8 to L'Oréal Groupe.
To learn the valuation and how Inflexion grew the business during the ownership period, check out the full Wire coverage.
That’s all from me this morning. Keep an eye out for the US edition later today by MK Flynn. Craig McGlashan is in the Europe chair tomorrow.
Cheers,
Nina
Read the full Wire commentary on PE Hub ...
