Articles by Greg Gille
US firm poaches Allen & Overy PE co-head
US law firm Simpson Thacher & Bartlett has hired Derek Baird – currently the global co-head of Allen & Overy’s (A&O) private equity sector group – as a partner in the corporate practice of its London office.
Eurazeo and IDI post positive figures for Q3
French listed PE players Eurazeo and IDI have seen an uptick in their NAV per share in the three months between June and September.
UK lower mid-market resilient in 2012
While activity in the €50-250m segment has failed to improve on 2011 figures on a pan-European level, the UK is proving to be fertile ground for deal-making in an otherwise troubled macroeconomic environment.
EdRIP to make 10x on Vessix sale
Edmond de Rothschild Investment Partners (EdRIP) stands to reap a sizeable 10x return on its original investment in US-based Vessix Vascular, following the $425m sale of the business to trade player Boston Scientific Corp.
Carlyle gives up on Chemring
Carlyle has decided against bidding for British listed military supplier Chemring, following two deadline extensions.
Benelux unquote” November 2012
To date, 2012 has not been a particularly impressive year in the Benelux region activity-wise.
UK & Ireland unquote” November 2012
The latest results from unquote” data suggest the UK is on course to register similar levels of market activity in 2012 to that of 2011, despite a lacklustre September.
NVM finances CGI International bolt-on
CGI International, a manufacturer of fire resistant glazing backed by NVM Private Equity, has acquired France-based Interver.
ECI sells Harmoni to CareUK
ECI Partners has made a final exit from WCI Group after selling UK-based outsourced healthcare services business Harmoni to CareUK.
FSI Régions et al. back Groupe SAF
FSI Régions, CDC Entreprises, BNP Paribas Développement, Amundi Private Equity, Crédit Agricole des Savoie Capital and Portuguese trade player United Helicopter Service (UHS) have invested in French helicopter rescue business Groupe SAF.
Neo Capital exits Alain Mikli in trade sale
UK-based GP Neo Capital has sold French eyewear brand Alain Mikli International (AMI) to listed Italian trade buyer Luxottica Group.
French tax reforms getting carried away
The Loi de Finances 2013 introduces a number of measures likely to impact French PE firms. Greg Gille talks to Herbert Smith Freehills’ Jérôme Le Berre (pictured) to find out what the implications are for future investments.
SBOs back with a vengeance in Q3
Secondary buyouts (SBOs) climbed back to prominence in the third quarter of 2012. The number of such deals rose from 28 to 34 compared to Q2, making it the only buyout segment to record an increase in an otherwise faltering market.
Comet to go into administration
Private equity owner OpCapita – which bought troubled electronic goods retailer Comet earlier this year for a nominal £2 - has reportedly called in Deloitte to handle the administration process for the UK-based company.
Buyout loan issuance down 38% YoY, says Baird study
European figures for leveraged and buyout loan issuance are down 46% at €20bn and 38% at €10bn respectively, according to recent research by Baird.
Elaia Partners launches seed fund
French growth capital specialist Elaia Partners is understood to have secured €45m of commitments for its new seed vehicle Elaia Alpha.
Wellington et al. in seed round for HowDo
Wellington Partners has led a seed investment round in Sweden-based HowDo, a knowledge-based social platform.
No fundraising “doom and gloom” – SJ Berwin’s Sonya Pauls
Sonya Pauls on fundraising
iXO backs Enseignes Hode MBO
iXO Private Equity has taken a majority stake in the management buyout of French advertising material specialist Enseignes Hode.
Clearwater appoints two in Manchester office
Clearwater Corporate Finance has appointed Chiara Pettinicchio (pictured) and John Davies as assistant directors in its Manchester team.
French VCs appeal to French president over budget
Representatives from a raft of French venture capital firms have joined entrepreneurs in sending an open letter to President François Hollande raising concerns over measures introduced in the country's new budget proposal.
Argos Soditic strengthens Paris team
Mid-cap GP Argos Soditic has hired Simon Guichard as an analyst and promoted Nicolas Trani to associate.
Chemring CEO resigns as Carlyle prepares bid
David Price, the CEO of British military supplier Chemring, has resigned as Carlyle is still considering a potential takeover of the business.
Q3 Barometer: European deal flow plummets 35%
Q3 Barometer