European private equity dealmaking will set a record high in 2021 as firms look to deploy cautious aggression amid a recovery from the coronavirus pandemic, PitchBook is predicting.
Private equity house Apax has seen its portfolio business ThoughtWorks boosted to a $4.6bn valuation thanks to a string of new investors committing to the company.
Audax Private Equity has sealed a $1.7bn final close for its first Continuation Fund, which will buy up portfolio companies from its 2012-vintage Fund IV.
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