Good morning, Nina Lindholm here with the Europe Wire from the London newsroom.
As consumers’ health consciousness shifts from curative to preventative, their interest in vitamins, minerals and supplements increases. Private equity has noted the boom, and this morning, we take a deep dive into the sector as PE Hub’s Sophie Rose speaks to industry experts from Cinven, Houlihan Lokey, Verlinvest and Riverside.
We’ll then delve into financial services, as we hear from Lincoln International’s Antoine Dupont-Madinier, who tells us how the sector is faring amid tariff uncertainty.
We then have a fresh deal in the same sector, as Apax Partners has agreed to buy the treasury and capital markets business unit of Finastra.
To finish, we take a look at a tech deal. General Atlantic has agreed to buy a minority stake an Internet of Things services provider backed by Montagu.
Consuming health
An increase in consumers’ health consciousness is boosting demand for vitamins, minerals and supplements. The trend has caught the attention of private equity, and PE Hub has noted a slew of deals in the segment.
To learn more, PE Hub’s Sophie Rose caught up with Pontus Pettersson, partner at Cinven; Garyth Stone, managing director in Houlihan Lokey’s consumer group; Ben Black, executive director at Verlinvest; and Rafael Álvarez-Nóvoa, partner at Riverside Europe.
I recommend reading Sophie’s full feature, as it covers how private equity might overcome issues created by a saturated market, as well as an outlook for the VMS segment.
Premium Wire subscribers can also learn how changing consumer habits drive deals in the sector.
Relative winners
From personal health to financial health. Tariffs pose a near-term threat to assets under management in wealth and asset management, Antoine Dupont-Madinier, a London-based managing director in Lincoln International’s financial institutions group, told PE Hub.
To learn more about Dupont-Madinier's outlook for the segment and what he considers potential winners in a time of economic uncertainty, take a look at the full Wire coverage.
Wire readers will know this is a topic I touched on last week. We heard from Chris Neale, partner at Phoenix Equity Partners, who told us about a portfolio company that is enjoying increased demand for its services amid volatility.
I’m keen to hear our readers’ thoughts on the topic. Drop me a line at [email protected].
To learn how private equity is structuring deals in the current environment, check out Craig McGlashan’s piece focused on earnouts.
Carving out
We have a fresh example of private equity interest in financial services. Apax Partners has agreed to buy the Treasury and Capital Markets (TCM) business unit of Finastra.
For more on the deal, check out the premium Wire.
Wireless deal
Finishing with a bit of tech. General Atlantic has agreed to buy a minority stake in Montagu portfolio company Wireless Logic, an independent global Internet of Things (IoT) services provider.
For more, including the valuation, check out the full Wire coverage.
That’s all from me. MK Flynn will be with you later today with the US edition, while Craig McGlashan is in the Europe chair tomorrow.
Cheers,
Nina
Read the full Wire commentary on PE Hub ...
