CVC targets Aldermore in rare UK bank play
CVC Capital Partners is lining up a bid for UK challenger bank Aldermore as owner FirstRand seeks an exit amid a sharp regulatory-compensation overhang tied to motor finance.
Sector
Financial Services M&A
Financial services deals encompass traditional banking, insurance, fintech innovators, and asset managers. Regulatory considerations and digital transformation continue to shape transaction activity across the sector.
- Deals · 12mo
- 72
- Disclosed volume
- €10.4B
- Top investor
- British Business Bank
- Top region
- EU
Latest news
MPS launches dual all-share bids on Banco BPM, Banca Generali
Monte dei Paschi di Siena approved two all-share exchange offers for Banco BPM and Banca Generali, positioning the move as a takeover-defence counterplay in Italy’s consolidation race.
ClearScore buys Aro to push into embedded finance
ClearScore has acquired UK credit marketplace Aro Finance for an undisclosed sum, adding embedded distribution via major retailers and expanding into secured loan broking.
Hoist Finance buys Italian residential secured NPLs
Hoist Finance has acquired an Italian residential secured non-performing loan portfolio for EUR 30 million, adding to ongoing secondary-market activity in Italy’s distressed credit space.
NAB buys London fintech Banked
National Australia Bank has agreed to acquire UK-based payments fintech Banked for an undisclosed sum. The deal signals NAB’s push to add pay-by-bank capability as banks reposition around account-to-account payments.
Fuel Ventures backs PANTA in EUR 3.4m round
London-based PANTA has raised EUR 3.4 million in funding from Fuel Ventures. The company operates in financial services, focusing on modernising how financial indices are built and managed.
Capital A closes oversubscribed Fund V at EUR 515m
Dutch investor Capital A has closed Fund V at EUR 515 million. The firm said the fund closed oversubscribed; the investor base and underlying strategy details were not disclosed.
AnaCap adds De Filippis Broker to Edge Group
AnaCap Financial Partners has acquired Italian insurance broker De Filippis Broker via its Edge Group platform. Financial terms were not disclosed.
Green Arrow Capital acquires DeA Capital
Green Arrow Capital has completed the acquisition of Italy-based DeA Capital. Financial terms were not disclosed, leaving ownership structure and strategic priorities as key open questions.
Wopta buys Zanni Broker and GM Insurance Brokers
Italian insurtech Wopta Assicurazioni has acquired Zanni Broker and GM Insurance Brokers in a deal valued at EUR 5 million, adding brokerage distribution alongside its digital insurance platform.
UK fintech funding slides to EUR 686m
UK fintechs raised EUR 686.11 million in recently announced funding, according to UKTN. The figures underline a tougher financing market where selectivity and runway matter more than headline growth.
SIX SIS to acquire SIX Digital Exchange
Swiss infrastructure group SIX will fold SIX Digital Exchange into its securities services arm SIX SIS in an undisclosed deal, tightening control of its digital-asset custody and settlement stack.
CVC targets Nexi in renewed takeover push
CVC Capital Partners has been linked to a potential acquisition of Italian payments group Nexi, according to Private Equity Wire. Terms, structure and timing have not been confirmed by the parties.
UniCredit moves on Commerzbank in surprise bid
UniCredit has announced an acquisition of Commerzbank on undisclosed terms. The deal puts cross-border banking consolidation back in focus, with approvals and execution risk now central.
Performativ raises EUR 15m to scale wealth OS
Copenhagen-based Performativ has raised EUR 15 million to expand its wealth management operating system, backed by Deutsche Börse Group, Rabo Investments, FinTech Collective, EIFO, Jacob Dahl and others.
Chequers-backed Adenes Italia buys 61% of Sogesa
Adenes Italia, backed by Chequers Capital, has acquired a 61% stake in Italian insurance services firm Sogesa. Financial terms were not disclosed.
CVC and Prudential fund Standard Life PRT unit
CVC Capital Partners and Prudential Financial have agreed a EUR 1,204.82 million funding round into Standard Life’s pension risk transfer business, backing growth in a capital-intensive segment.
Propel Finance secures EUR 1.81bn funding round
UK asset finance lender Propel Finance has announced a EUR 1.81 billion funding raise. The investor was not disclosed and terms were not provided.
EQT discloses EUR 14.44m funding injection
Sweden-based investment firm EQT has reported a EUR 14.44 million funding transaction, with the investor not disclosed. Details on use of proceeds and instrument were not provided.
Bridgepoint Europe VIII secures EUR 6 million funding
Bridgepoint Europe VIII has received EUR 6 million in funding from an undisclosed investor, according to a recent announcement. Further terms and use of proceeds were not disclosed.