Private equity deal news and insights from the London newsroom

Investcorp exits product information management biz; Triton’s Paun on untapped potential in energy transition

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom.

Operations, marketing and customer service are among the areas showing “strong adoption and results” when it comes to GenAI application, according to Deloitte’s latest State of AI report. This morning, we have an exit in the segment, as Investcorp has agreed to sell a majority stake in an AI-powered product information management business to a US-based buyer.

We then delve into the “hidden heroes” of energy transition via a look into an op-ed penned by Ashim Paun, head of sustainable investing at Triton.

Brand strategy

Investcorp has agreed to sell its majority stake in Contentserv, a German product information management and product experience management services provider, to US-based Centric Software, a subsidiary of Dassault Systèmes.

For more on the deal, take a look at the premium Wire coverage here.

Vital but invisible

Moving from tech to an area where Ashim Paun, head of sustainable investing at Triton, believes there is an untapped opportunity for private equity: energy transition.

To read my takeaways from Paun's op-ed, check out the full Wire coverage here.

That’s all from me. Michael Schoeck will be with you later today with the US edition and Craig McGlashan is back on Europe duty tomorrow as we return to our usual schedule.

Cheers,

Nina

Read the full Wire commentary on PE Hub ...

Today's must reads

Also of note (may require subscriptions)

Secrets to raising a first-time fund in 2025: Anything short of a one-and-done first and final close won't cut the mustard, says Asante Capital managing partner Warren Hibbert in this episode of Private Equity International’s Spotlight podcast.

‘Normalized’ tech market favors those ‘who can truly add value’: Vista’s Severson. 'I see a robust M&A opportunity for platform companies,' Patrick Severson, co-head of Vista's Foundation strategy, said. 'It’s linked to venture and growth equity financing being harder to get.' (Buyouts)

Coller’s RMB fund leads on multi-asset GP-led deal: The APAC secondaries market is expected to have a strong 2025, and buyers in the Chinese market have an advantage. (Secondaries Investor)

Apollo to form $110bn real estate business with Bridge purchase: The $1.5bn acquisition will nearly double the manager’s real estate AUM and dramatically expand its equity platform. (PERE)

Moody’s: Leveraged loan defaults rise to 7.6%, highest since 2020. In Q4, leveraged loans to sponsored companies accounted for $24bn, or two-thirds of the total. (Private Debt Investor)

“Backing the unglamorous businesses that provide the grid components, connection services, and the roll-out of new technology is one way of doing this. Such companies are playing an essential role in the transition, are in a growing market, and can provide exposure to the megatrend at lower valuation multiples, yet with a more attractive risk/reward profile.”

— Ashim Paun, head of sustainable investing, Triton on the energy transition

Today's letter was prepared by Nina Lindholm

Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article.

London | New York | Hong Kong | Tokyo | Sydney

PEI Group Ltd is registered in England no.6135779

Registered office: 5th Floor, 100 Wood Street, EC2V 7AN

To update your PE Hub email preferences, or to unsubscribe, click here.