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Cerea Partners acquires majority stake in French chocolatier Relais Desserts

Private Equity Insights

Cerea Partners was advised by Lamartine Conseil on M&A, KPMG France on tax, Kea & Partners for due diligence, Finaxeed on M&A, and Oderis Consulting for ESG due diligence.

Stakes 162
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Update: UK Takeover Panel extends deadline for KKR-Stonepeak’s Assura bid to 11 April​

Private Equity Insights

The initial deadline was set for 15 March, but the private equity consortium has been given additional time to complete due diligence, Reuters reports. Assura, which specialises in primary care property investments across the UK, has drawn interest due to its long-term rental stability and critical role in the healthcare sector.

Bidding 147
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KKR and Hellman & Friedman step back from Stroeer sale talks amid valuation gap

Private Equity Insights

However, after completing initial due diligence, private equity bidders valued the unit closer to 3bn, leading to both firms exiting discussions in recent weeks. Sources familiar with the matter revealed that Stroeers owners, including co-founder and co-CEO Udo Mueller, sought close to 4bn for the business.

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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund.

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Blackstone and EQT advance in bidding war for waste firm Urbaser

Private Equity Wire

Potential buyers in what could be one of the largest private equity deals in Europe in recent months, have been instructed to begin due diligence and prepare binding offers by late February, a source added. While KKR and Macquarie were initially involved, they are no longer in contention, according to insiders.

Bidding 93
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Are M&A Deal Parties Turning Away from Reps & Warranties Insurance? 

Private Equity Professional

In 2021, a record-setting year for M&A deal volume, buyers were often faced with expedited timelines and may not have been able to perform full due diligence. A few years later, deal parties are experiencing the effects of lax diligence (e.g.,

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US PE dealmakers brace for volatility amid rising M&A activity in 2025, says Aon survey

Private Equity Wire

The survey also highlighted shifting priorities in due diligence, with cybersecurity emerging as the most critical risk outside of traditional due diligence processes. These findings reflect a growing emphasis on strong leadership and strategic alignment in private equity dealmaking.