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David Stevenson

Financial Writer

David Stevenson was a London-based financial writer for PitchBook News, covering private equity.

Articles by David Stevenson

PE investment in consumer transport rolling steady in Europe

While overall PE activity is down, the deal count for Europe’s consumer transport sector has already matched last year’s total. Deal value isn’t far behind.
November 28, 2023

PE drives consolidation in maturing fertility market

Private equity has been on the acquisition trail of fertility clinics for some time while looking to roll up the sector.
November 16, 2023

European investors slow US buyout activity despite record deal

European private equity buyout value of US-based companies has fallen this year from its peak in 2021 amid a dealmaking slowdown. And just two deals made up for over a third of this year’s total value, including the $7 billion record takeover of Creative Artist Agency by a European-led investor group in September.
November 12, 2023

Q&A: How LBK seeks to create value in European soccer

LBK Capital’s Ben Rosenzweig gives his perspective on why even smaller European soccer clubs have appeal for private investors.
November 7, 2023

Q&A: How Cordillera seeks value in whiskey barrels and marinas

Working outside of the mainstream of private equity, Cordillera Investment Partners is just one of a number firms with a focus on niche investments.
October 29, 2023

Microsoft’s $69B Activision Blizzard deal crosses final UK hurdle

Microsoft’s acquisition of Activision Blizzard may have implications beyond gaming as mobile game startups now have a larger, proven acquirer.
October 12, 2023

Birkenstock IPO values L Catterton-backed shoemaker at $8.6B

L Catterton-backed Birkenstock has made its debut on the NYSE following an IPO that valued the German shoemaker at $8.6 billion.
October 10, 2023

Buyouts in Europe’s German-speaking region fall to pre-pandemic levels

The top DACH buyouts include infrastructure and software companies, as PE buyouts return to pre-pandemic levels.
October 10, 2023

Warburg Pincus closes its largest ever fund on $17.3 billion

Warburg Pincus has raised its largest ever fund in a difficult fundraising environment as LPs display a flight to quality and mega-funds.
October 9, 2023

European bolt-ons dominate in a down market

With the rising cost of leverage impacting private equity deal flow, bolt-on acquisitions are taking up the biggest share of buyout value and volume in Europe this year.
September 27, 2023