Latest Developments in Private Equity Sphere This Week
Tikehau Capital Raises Over €1bn for Continuation Fund, Joe & the Juice Prepares for US IPO
Tikehau Capital, a leading European asset manager, has successfully raised over €1bn through a continuation fund. This fund will support the next phase of growth for Egis, Tikehau's global engineering and infrastructure portfolio company.
Meanwhile, Joe & the Juice, a lifestyle-driven food and beverage brand, is preparing for a US initial public offering (IPO) potentially in 2026, with General Atlantic backing the company. The anticipated valuation for Joe & the Juice is approximately $2.4 billion, positioning it alongside comparable brands.
The strong 2023 financial performance of Joe & the Juice, including 41% revenue growth and an 80% increase in EBITDA, has been attributed to a franchise-led expansion strategy and a digital-first sales approach that contributed to 30% of revenue.
The potential IPO of Joe & the Juice is an early-stage conversation between General Atlantic and potential advisers. Bain Capital, on the other hand, is reportedly considering the sale of part or all of its controlling stake in Canada Goose Holdings Inc. However, no details have been disclosed about the potential sale price or timeline for the sale of Canada Goose Holdings Inc.
The transaction for Egis is backed by a consortium, including Apollo S3, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Neuberger Berman, and an unspecified co-lead investor. This is Tikehau's first continuation fund and the fourth investment from the second vintage of its flagship private equity decarbonisation strategy.
Potential buyers for Canada Goose Holdings Inc. include other private equity groups. The fundraise has propelled total capital commitments for this strategy beyond €2bn, making it 1.5x larger than the predecessor of the strategy, having been surpassed just one year after its initial close.
Recent developments indicate that Joe & the Juice is preparing for a US IPO potentially in 2026, with General Atlantic backing the company. However, there is no publicly available information on similar developments for Canada Goose Holdings Inc. or Egis as of the latest available data in August 2025.
The news about the potential sale of Canada Goose Holdings Inc. was reported by Bloomberg. No further information about the potential IPO of Joe & the Juice or the potential sale of Canada Goose Holdings Inc. was provided in the article.
- Tikehau Capital, a leading European asset manager, has raised over €1bn for a continuation fund to support the growth of Egis, its global engineering and infrastructure portfolio company.
- Meanwhile, Joe & the Juice, backed by General Atlantic, is preparing for a potential US IPO in 2026, with an anticipated valuation of approximately $2.4 billion.
- The transaction for Egis is backed by a consortium, including Apollo S3, Neuberger Berman, and an unspecified co-lead investor, marking Tikehau's first continuation fund and the fourth investment from its second vintage private equity decarbonisation strategy.
- Bain Capital is reportedly considering the sale of part or all of its controlling stake in Canada Goose Holdings Inc., with potential buyers being other private equity groups.
- No publicly available information on similar developments, such as an IPO or sale, for Canada Goose Holdings Inc. or Egis have been disclosed as of August 2025.
