Debt is not a conclusive factor in explaining insolvencies for portfolio companies, and PE-backed businesses do not carry more insolvency risk than other companies, according to new research by Imperial College London and Leeds University.
The study was conducted by academics Mike Wright (Imperial College) and Nick Wilson (Leeds University), who analysed a data set comprising more than nine million UK-based businesses, including 153,000...
Apax France acquired a majority stake in the group in March 2016
21 Partners had acquired a 75% stake in the recreational vehicles group in 2008
Settlement also relates to allegations related to a partner's expenses
unquote" lists the five largest buyouts to have taken place so far this summer across Europe