Alice Murray
Follow Alice
Articles by Alice Murray
Dunedin achieves 2.8x return on Practice Plan exit
Dunedin has sold dental membership business Practice Plan Group to Wesleyan Assurance Society, generating a 2.8x return on its investment.
Ambivalence or adapting to ever-changing climate?
While the Springer Science and Deutsche Annington exits are expected to deliver positive results when completed, the indecisiveness displayed does little to help the asset class’s historically troubled relationship with the public markets.
Rexam healthcare packaging unit attracts private equity
Packaging giant Rexam has initiated a sale process for its healthcare packaging division, which could fetch around £650m.
Sector focus: can UK manufacturing catch up with Germany?
Germany has long set the standard for manufacturing in Europe but, as the continent picks itself up from the financial downturn, does the UK have the potential to knock Germany off its top spot? Alice Murray investigates
Patron injects €150m into Generator
Patron Capital has invested a further €150m into hostel business Generator to support its acquisition of sites in Paris and Rome.
SVG enjoys 23% NAV boost in H1
SVG Capital has reported a 23% uplift in net asset value (NAV) in its half-year results, with shares now trading at 480p.
Whitworths set for tertiary deal
Food company Whitworths looks set to fall into the hands of a third private equity owner as current backer European Capital seeks an exit.
ECI secures £28.4m refinancing for Kelvin Hughes
HIG WhiteHorse, the credit arm of HIG Capital, has provided ECI Partners-backed Kelvin Hughes with a £28.4m unitranche debt refinancing package.
Alchemy offloads Cathedral for £266m
Private equity firm Alchemy Partners has divested Lloyd's of London underwriter Cathedral Capital to Lancashire Holdings for £266m.
NVCT, Northern 2 and 3 launch £50m joint offer
Northern Venture Trust, Northern 2 VCT and Northern 3 VCT, the venture capital trusts (VCT) managed by NVM Private Equity, have launched joint offers for subscription to raise a total of £50m.
CapMan holds second close, appoints new CEO
Listed entity CapMan has reached a second close on €206m for CapMan Buyout X, posted €4.3m in net profits and appointed Heikki Westerlund as new CEO.
Unbegeistert: German turnaround deals disappoint
Despite a growing number of insolvencies recorded in the first half of 2013 driven by recent changes to insolvency laws, German turnaround deals remain few and far between. Is the tide beginning to turn or will cultural issues around bankruptcy continue...
FCA calls for AIFMD applications by January 2014
The FCA has advised firms managing alternative investment funds (AIFs) to submit applications by no later than 22 January 2014, ahead of the official 21 July 2014 deadline.
Lyceum acquires Johnson’s FM division for £32.2m
Lyceum Capital has acquired the facilities management (FM) division of AIM-listed Johnson Service Group for £32.2m.
Ex-Premier Foods boss to advise KKR on Lucozade and Ribena bid
KKR is understood to have brought in Michael Clarke, the former CEO of Premier Foods, to advise on its £1.5bn bid for Lucozade and Ribena from GlaxoSmithKline (GSK).
Insuring deals: another layer of fees or vital protection?
Insuring deals
Maven invests £2m in Calnex through SLF
Maven Capital Partners has invested £2m in Linlithgow-based Calnex Solutions through the Scottish Loan Fund (SLF).
White & Case hires Allardice from Kirkland & Ellis
Ross Allardice, White & Case
Isis invests £9m in Key Travel MBO
Isis Equity Partners has invested £9m as part of a management buyout for travel management company Key Travel.
Private equity-backed tech firms more likely to succeed
An extensive study of high-growth technology start-ups has found those backed by private equity and business angels are more successful than those financed with bank loans.
Theo Fennell board recommends EME offer
EME Capital has finally had its offer for AIM-listed high-end jewellery company Theo Fennell recommended by the board.
New Rentokil boss to push non-core sell-offs
A changing of the guard at Rentokil Initial will see the listed firm focusing on its core divisions of pest control, cleaning and laundry service, resulting in opportunities for private equity.
BaltCap offloads Medicap to synlab
Baltic-focused private equity firm BaltCap has sold Medicap Holding to European laboratory services provider synlab.