Apax to invest in online real estate marketplace Idealista

Apax Partners has agreed to acquire a stake in online real estate marketplace Idealista SA. The sellers are Tiger Global Management, Kutxabank and Bonsai Venture Capital. Jefferies provided financial advice to Idealista on the transaction while PricewaterhouseCoopers provided financial and tax advice to Apax.


PE-owned Peacock Engineering Company to acquire L&L Foods

Peacock Engineering Company, a portfolio company of Charlesbank Capital Partners, has agreed to buy L&L Foods. No financial terms were disclosed for the transaction that is expected to be completed by the end of the month. PricewaterhouseCoopers provided financial advice to Peacock and Charlesback on the deal while Houlihan Lokey did likewise for L&L Foods. Based in Anaheim, California, L&L Foods is a provider of portion-control food packaging solutions.


Wynnchurch promotes four to MD

Wynnchurch Capital has promoted Brian Crumbaugh, Greg Gleason, Neel Mayenkar and Michael Teplitsky to managing director. Prior to joining Wynnchurch, Crumbaugh worked at ShoreView Industries and Piper Jaffray while Gleason was at Houlihan Lokey and Bank of America. Mayenkar’s work background includes positions at Houlihan Lokey and at PricewaterhouseCoopers and Teplitsky’s resume has stints at Lime Rock Partners and at UBS Investment Bank.


OpenView Venture Partners beefs up team with three hires

Boston-based venture firm OpenView Venture Partners has expanded its team with three new additions. The company has named Kelsey Heavey as analyst, Allie Letourneau as senior accountant and Gail Axelrod as PR and community maager. Previously, Heavey worked at Fiksu; Letourneau was at PricewaterhouseCoopers; and Axelrod worked at BetterCloud.


CD&R taps PwC vet Griffiths as COO

Clayton, Dubilier & Rice has named Jillian Griffiths as chief operating officer. The appointment became effective March 4. Griffiths is a former partner at PricewaterhouseCoopers.


Cressey & Company invests in Dental Services Group

Cressey & Company LP has acquired a majority stake in Dental Services Group, a dental lab network. No financial terms were disclosed. Ropes & Gray LLP and PricewaterhouseCoopers advised Cressey & Co on the transaction.


Midwest venture tries to up its game: VCJ

Midwest venture investing has been on an upswing over the past few years. A lot of this has to do with activity in Illinois, where the Chicago startup ecosystem has grown, affiliate publication Venture Capital Journal reports. But other states are trying to pull their own weight.


Carlyle buys ECi Software Solutions

The Carlyle Group has acquired ECi Software Solutions. No financial terms were disclosed. Willkie Farr & Gallagher and Harris Williams & Co advised ECi while Latham & Watkins and PricewaterhouseCoopers advised Carlyle. Headquartered in Fort Worth, Texas, ECi is a provider of business management and ecommerce software solutions.


Corporate takeover

With corporate venture investing now approaching levels not seen since the dot-com boom, a key question remains: “Is it different this time?”


Venture Activity in Russia Climbs Sharply

Venture investing in Russia rose sharply last year as investors shifted their focus to larger, growth-stage transactions. Money going to startups climbed to $910.6 million, according to a study.

Lauren Koopman

PE Seen Catching Up on Sustainability, Environment

Corporations have led the way in addressing environmental, social and governance issues, but the private equity community is catching up, says Lauren Koopman, a director in the sustainable business solutions team at the global accounting firm PricewaterhouseCoopers.

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