Articles by Julian Longhurst
Sovereign Capital funds fifth add-on for NFA Partnerships
Buy-and-build specialist Sovereign Capital has committed new equity to fund a fifth add-on acquisition for its portfolio firm National Fostering Agency Partnerships (NFAP).
Oaktree lifts Beluga Shipping with major investment
Oaktree Capital Management has committed €200m to support the German operator of heavy-lift vessels Beluga Shipping.
Apax set to steam ahead with HIT Entertainment sale
Strong gains in China and the US, as well as significant interest from mainly US trade buyers, have prompted Apax Partners to commission a strategic review of HIT Entertainment with a view to a potential тЌ1bn+ sale, according to press reports.
Resource Partners backs MAVIT Medical Center
Resource Partners has structured an undisclosed package of expansion funding to back the Polish private healthcare provider Centrum Medyczne MAVIT (MAVIT Medical Center).
Exponent looks to cash in on interest for Cardsave
A number of unsolicited approaches for credit card terminal supplier Cardsave have prompted its majority shareholder, Exponent Private Equity, to appoint corporate financiers to sell the business, reports suggest.
Maven Capital Partners backs Flexlife
Maven Capital Partners has led a ТЃ5.5m investment in Aberdeen-based Flexlife.
Private equity giants reportedly eyeing ING unit
ING REIM, the Dutch bank's internal real estate investment unit, is reportedly attracting interest from private equity investors, including KKR and Apollo Management.
3i sells MWM Holding GmbH to Caterpillar Inc
Two months after announcing its intention to sell MWM Holding GmbH, 3i has agreed a price for the gas and diesel engine manufacturer.
Widening gulf between the haves and the have-nots
Todayтs press coverage of David Rubensteinтs predictions on the future of the global private equity market serves again to highlight the increasing polarisation within the industry. Julian Longhurst reports.
PAI moves closer to full exit from Kwik Fit
Less than four months after having offloaded the insurance branch of Kwik Fit to Fortis UK for ТЃ215m, reports suggest that PAI Partners may be moving closer to selling the main operating business.
Gamma III lead early-stage funding of Mobilizy
Austrian early-stage specialist Gamma Capital Partners had advised its latest fund, Gamma III, on a first round investment in Mobilizy GmbH. Terms of the deal are not disclosed.
For sale sign goes up at IKB
Lone Star, the specialist US distressed asset investor, has appointed Perella Weinberg to sell the toubled German bank IKB, reports suggest.
Bain Capital closes in on Priory
More than four months after reports suggested that private equity firms were among the front runners to snap up mental healthcare provider Priory Group, Bain Capital has emerged as the clear favourite.
Funds-of-funds: A bifurcating market
While the 2005-2008 private equity boom is most commonly associated with the surging activity in Europe’s buyout markets, other areas, including the fund-of-funds segment, witnessed the same unsustainable growth and have felt the same shuddering crash....
Qualium backs MBO of La Foir'Fouille
Qualium Investissement, part of the Caisse des Dépôts group, has led a syndicate of investors to acquire the discount retail chain La Foir'Fouille for an undisclosed amount.
Carey Olsen appoints new partner
Carey Olsen, the Channel Islands based law firm has appointed James Mulholland as a partner in its corporate and funds practice.
Call in the investigators?
In the private equity world, the term due diligence is most often associated with the verification of a targetтs financial position and trading prospects. Yet, as it is so often said, private equity is a people business: so who, if anyone, does the industry...
Parvilla appoints new partner
Parvilla, the Paris-based fund-of-funds manager founded four years ago by former PAI senior Partner Jean-Marie Fabre, has appointed Mark Foulds as a partner.
Litorina acquires leading wallpaper manufacturer
Litorina Capital has acquired a majority stake in ECO-BorУЅstapeter, the leading Nordic manufacturer of wallpaper, in a management buyout.
Matrix boosts placement team
The investment banking division of Matrix Group has hired Vincenzo Narciso as a partner in its London-based private funds group.
Palamon exits OmniBus via €36.4m trade sale
Palamon Capital Partners has continued its strong run of exits in 2010 with the sale of its broadcast software portfolio company OmniBus Systems Ltd to the listed Canadian firm Miranda Technologies Inc for тЌ36.4m in cash.
H.I.G Capital and Mercapital back Núter in new deal
Two European affiliates of H.I.G. Capital have joined Mercapital to close a new investment in Spanish animal feed and nutrition business Núter.
Investments in Asia: Eastern Promise
European nations may have deep historical ties with the Asia Pacific region, but their GPs, and to a lesser extent LPs, have largely been late entrants to the region. This may be changing, though, as Asian Venture Capital Journal’s managing editor Paul...
3i exits Panreac via trade sale
3i has completed the exit of its Spanish chemicals business Panreac via a trade sale to Illinois Tool Works Inc (ITW).