The saga of beleaguered waste management company Biffa was finally brought to an end last week with the agreement of a debt-for-equity swap. Such a classic tale of an over-leveraged private equity deal going sour is, as ever, popular with the papers, but how did things get so bad at Biffa?
Montagu Private Equity and Global Infrastructure Partners (GIP) bought Biffa back in May 2008, at the height of the buyout boom and just months before the global economic meltdown that proceeded the collapse...
BPI, Hi Inov and Aurinvest renewed their support for the Parisian group as part of the investment round
Developer of sickle cell disease treatments recently rebranded from Dilaforette and announced intention to float
Transaction marks the fourth bolt-on completed by CLS with Ardian's support
Merete Haukås and Johan Nord join the rank of partners at Norway-based Cubera Private Equity