Greg Gille
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Articles by Greg Gille
Equistone sells Kermel to Qualium
Qualium Investissement has acquired a majority stake in French fibre manufacturer Kermel from Equistone Partners Europe, which is understood to have reaped a 2.2x money multiple on the sale.
Finance Wales et al. complete Clinithink series-A
Finance Wales has taken part in the multi-million-dollar second tranche of a series-A funding round for UK-based healthcare software company Clinithink, alongside existing investors.
Hony and GCS named preferred bidders for Dexia unit
Chinese private equity houses Hony Capital and GCS Capital have teamed up to buy the asset management arm of Dexia in a deal worth €500m, according to reports.
Slovakia looking to take over Penta-backed Dôvera
Slovakian prime minister Robert Fico is mulling a takeover of two private health insurance companies, in a move that could threaten Penta's investment in Dôvera.
French mid-market on the mend
At long last, activity in the French €100m+ buyout market showed signs of improvement in the second quarter. The Alain Afflelou and St Hubert transactions certainly helped: the former was acquired by Lion Capital in an €800m SBO in May, while Montagu...
Siparex takes 25% stake in Vulcain
Siparex has acquired a minority stake in the owner buyout of French building fixtures manufacturer Vulcain.
MBO Partenaires buys 80% of LMB
MBO Partenaires has taken a majority stake in the management buyout of French aerospace parts supplier LMB.
Activa's Ergalis acquires three businesses
Ergalis, a build-up platform created by Activa Capital, has acquired French temporary employment agencies and recruitment services businesses Action Beauté Cosmétique Interim, Action Assistance and Talentpeople.
Mid-cap GPs pay less than corporates as entry multiples drop
For the first time in two years, between April and June, private equity houses paid a lower median entry multiple than corporate buyers in mid-cap transactions, according to the latest Argos Mid-Market Index.
OTPP looking to score Goals Soccer takeover
The Ontario Teachers' Pension Plan (OTPP) is set to buy listed UK-based Goal Soccer Centres, which operates five-a-side football centres, in a deal that values the business at around £73.1m.
Crédit Suisse to divest PE businesses
Crédit Suisse has announced it will sell off a number of illiquid private equity businesses within its asset management division.
China to buy LP interests from GM pension plan
The Chinese government has agreed to buy stakes in a string of private equity funds, including vehicles managed by The Carlyle Group, The Blackstone Group and CVC Capital Partners, from General Motors’ (GM) pension plan.
Blackstone promotes Baratta to head of global PE
Joe Baratta has been appointed as head of global private equity at Blackstone.
Perfectis exits Fasia Industries in trade sale
Perfectis Private Equity has sold its majority stake in French professional clothing business Fasia Industries to French strategic buyer Groupe Marck.
CalPERS PE portfolio performance in sharp YoY drop
The California Public Employees’ Retirement System (CalPERS) has announced a 5.3% return for its private equity portfolio in the fiscal year 2011/12, down from 25.3% in 2010/11.
Investcorp buys 30% of Turkish retailer Orka Group
Investcorp has taken a 30% stake in Orka Group, a Turkish retailer of high-end menswear.
PE houses in final round for Pizza Hut
Risk Capital Partners, Endless and Rutland Partners are understood to be competing for Pizza Hut's UK restaurants business.
SBOs remain resilient in Q2
The increase in larger deals witnessed in the second quarter corresponded with a relative resilience in secondary buyout activity across Europe, according to the latest unquote" Private Equity Barometer.
Tikehau IM and Macquarie team up for debt programme
Tikehau Investment management and Macquarie Lending's corporate and asset finance group have partnered to offer debt funding solutions to French SMEs.
French fundraising: Out in the wild
French fundraising
Turenne Capital funds Cibex bolt-on
Turenne Capital has invested €2.5m in French real estate developer Cibex to partly finance its acquisition of Infinim.
Argos exits Roc-Eclerc
Argos Soditic has sold French funeral services business Roc-Eclerc to a private investor and the company's management after a seven-year holding period.
Permira to drop Iglo refinancing
Permira will not go through with the option to refinance portfolio company Iglo Birds Eye Frozen Foods.
BGF bolsters Northern England team
The Business Growth Fund (BGF) has hired Richard Taylor as an investment professional in its Northern England team.