Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. With the need to reduce the cost of public services in the UK, tech and data businesses that improve efficiency in the sector are increasingly attractive to private equity. We take a deep dive into one such deal this morning, as we hear from Omni Partners what drew the firm to launch a buy-and-build platform focused on the segment. The IPEM conference in Cannes, France is well underway, and PE Hub’s Europe editor Craig McGlashan is there. We have some fresh sentiments from dealmakers Craig has spoken with to dive into this morning. We’ll finish with a financial services deal, as AnaCap has picked up a majority stake in a company in the Italian insurance brokerage industry. Improved operations Omni Partners will look for data-focused businesses for its govtech buy-and-build platform Infoshare+ to improve efficiency and generate additional revenue for the struggling UK public sector, partner Wayne Story and partner and managing director Elissa von Broembsen-Kluever told PE Hub. Premium subscribers can learn more here. You can also find the full story here. Conference confidence Today is the last day of IPEM Cannes conference, and PE Hub’s Europe editor Craig McGlashan is enjoying the sea air and catching up with dealmakers. Craig shared some highlights from his discussions with PE dealmakers, which you can read in the full Wire coverage here. If you’d like to get in touch with Craig, drop him a note at [email protected] Benefitting brokers AnaCap has bought a majority stake in Edge Group, a company in the Italian insurance brokerage industry. For more on that, take a look at the premium Wire coverage here. That’s all from me. Michael Schoeck will be with you later today with the US edition, while Sophie Rose is in the Europe chair tomorrow, covering for Irien Joseph. Cheers, Nina Read the full Wire commentary on PE Hub ... |