Articles by Alice Murray
Lack of exits forces Candover to make contingency plans
Without any realisations in the first half of this year and a growing debt burden, listed entity Candover Investments has started to review a range of alternative plans including refinancing existing facilities.
LDC eyes up Silverstone
Mid-market house LDC is discussing a potential management buyout of motor racing events operator Silverstone Circuits.
Homburg & Partner Q&A: Customer segmentation
Alexander Lüring (pictured) and Simone Staudt from marketing and sales consultancy Homburg & Partner speak to unquote” about the importance of understanding portfolio company customers, and how to boost overall growth through customer segmentation...
Phoenix looks to offload LK Bennett
Phoenix Equity Partners is in the initial stages of divesting high-end retailer LK Bennett as it sounds out City advisers.
Advent mulls Co-op insurance bid
Advent International has teamed up with former RSA Insurance boss Andy Haste to bid for Co-operative Group’s insurance arm.
Hellman’s WRI buys HostelBookers.com
Hellman & Friedman-backed Web Reservations International (WRI) has acquired HostelBookers.com.
OFT furniture probe embroils PE-backed retailers
The Office of Fair Trading (OFT) is investigating six furniture retailers, two of which are understood to be Sun European-backed Dreams, and Advent-owned DFS.
Baker Tilly picks up RSM Tenon in pre-pack deal
Baker Tilly has acquired RSM Tenon’s trading business in a pre-pack deal following a write off of the embattled company’s £80m debt.
ProSiebenSat.1 sale fails to attract buyer
KKR and Permira’s efforts to exit German broadcaster ProSiebenSat.1 have hit a bump in the road as the buyout houses fail to find a buyer for their remaining shares.
Sector focus: Playing it safe in the insurance market
Sector focus: Insurance
Neeson joins SEP from Caird
Paul Neeson, SEP
Oaktree’s Bellpenny picks up KMF
Bellpenny, a wealth manager backed by Oaktree Capital, has acquired Glasgow-based KM Financial Advisers (KMF).
Synova smashes £110m fundraise
Synova Capital has closed its second fund on its £110m hard-cap in less than three months.
KKR dives into maritime debt void
KKR has established Maritime Finance Company, a new business focused on the lending gap in the European shipping market.
Goldman to become Duke Street investor
Goldman Sachs is to invest around €100m in Duke Street and is also considering acquiring secondary stakes in the GP's 2007 fund.
Arle looks to cash in on Innovia
Arle Capital Partners has hired Deutsche Bank to manage a sales process for bank note supplier Innovia, which could fetch more than €500m.
BGF invests £2.25m in Abacus e-Media
The Business Growth Fund (BGF) has invested £2.25m in UK content management system provider Abacus e-Media.
Adveq promotes Arnaboldi and Knauer
Gaia Arnaboldi, Adveq
House of Fraser mulls listing
House of Fraser, the department store controlled by West Coast Capital, Lloyds Banking Group and representatives of failed Icelandic banks, is considering a public listing.
Sector focus: Saddling up for food production
Sector focus: Food
Robins joins SVG board
David Robins, SVG Capital
Bregal buys Ideal Stelrad despite RBS backlash
Bregal Capital has acquired boiler and radiator company Ideal Stelrad, despite attempts by RBS to block the £230m deal.
Lion secures €900m amend-and-extend for HEMA
Lion Capital has completed a €900m amend-and-extend for Dutch retailer HEMA's senior second-lien mezzanine and PIK facilities.
GP churn boosts IRR
Further to initial findings announced in 2011, additional research by Capital Dynamics and London Business School’s Coller Institute of Private Equity has concluded that higher team turnover in buyout houses improves overall performance.