Happy Friday! Sophie Rose here with the Europe Wire from the London newsroom. I'm covering for Irien Joseph this Friday while she has some time off.
We’ll start today by looking at PE dealmaking in Spain, with a listicle including deals from PAI Partners, Tikehau Capital and CVC. Santiago San Antonio Alonso, who heads M&A Iberia at Mutares, explains why the country is well-positioned for dealmaking and pulling in private equity interest.
Wealth management is another area that has seen several deals recently. This week, a consortium comprising CVC, Nordic Capital and Abu Dhabi Investment Authority completed its take-private of Hargreaves Lansdown. The £5.4 billion ($7.0 billion; €6.5 billion) deal has been in the works for a while.
I am going to Paris next week to attend McDermott’s European Health & Life Sciences Symposium. I will finish on a quick note about the conference, with a call for any meetings while I am out there.
Spain push
Spain is experiencing more positive tailwinds than the rest of Europe, making it an attractive investment destination, Santiago San Antonio Alonso, who heads M&A Iberia at Mutares, told PE Hub’s Irien Joseph.
To learn what sectors in particular are thriving in Spain according to Alonso, take a look at the premium Wire.
The market's attractiveness is underscored by nine private equity deals targeting Spanish businesses in 2025.
Another European country which has seen a boom of deals recently is Italy. In February, my colleague Nina Lindholm reported seven deals in the country since the start of the year.
Finish line
A consortium comprising CVC, Nordic Capital and Abu Dhabi Investment Authority has completed its take-private of Hargreaves Lansdown, which is valued at £5.4 billion ($7.0 billion; €6.5 billion).
To find out what other firm was in a wealth management deal this week, as well as wider sector commentary, check out the full Wire coverage.
Conference call
There has been a lot of talk about Spain this morning, but I have France on my mind. I am going to Paris next week to attend McDermott’s European Health & Life Sciences Symposium.
If you’d like to organize a chat with me, please drop a note at [email protected]
That’s all from me. John R Fischer will be with you in the New York morning with the US edition and Nina Lindholm will bring you the Europe Wire on Monday.
Best wishes,
Sophie
Read the full Wire commentary on PE Hub ...
