Buyouts
Connection Capital buys £9m TeamSport Racing
Connection Capital has invested in the £9m management buyout of UK-based go-karting tracks operator TeamSport Racing Ltd.
Investcorp acquires Hydrasun from Equistone
Investcorp has bought Aberdeen-based oil and gas services business Hydrasun Ltd in a secondary buyout from Equistone Partners Europe.
Private equity players circle Republic
The founder of fashion chain Republic, which went into administration earlier this week, is considering teaming up with a private equity buyers to rescue the business, according to reports.
Vendis Capital backs Hypo Wholesale
Vendis Capital has taken a majority stake in Dutch equestrian equipment wholesaler Hypo Wholesale.
Argos Soditic buys FIS and Antex
Argos Soditic has acquired a majority stake in Italian firms FIS and Antex, which operate human resources and finance and administration outsourcing services, through the newco Fahr Servizi.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquote” data.
Palatine acquires Inspired Gaming unit
Palatine Private Equity has acquired the amusement and gaming division of British server-based gaming provider Inspired Gaming.
MBO Partenaires and A Plus back Ingertec buyout
MBO Partenaires and A Plus Finance have backed the management buyout of French electrical installations specialist Ingertec.
TIIN Capital invests in Olery
TIIN Capital has invested in Dutch hotel reputation management business Olery.
Lion Capital buys GHD from Montagu
Lion Capital has acquired UK-based professional hair styling brand GHD from Montagu Private Equity for an estimated £300m.
EQT exits BTX Group to Sun European Partners
EQT has agreed to sell Danish apparel company BTX Group to Sun European Partners.
Cobepa buys Socotec from Qualium
Investment holding Cobepa has acquired a majority stake in French management consulting firm Socotec from Qualium Investissement, alongside private equity investor Five Arrows and management.
Actera Group buys 50% of Celebi Aviation Holding
Actera Group has acquired a 50% stake in Turkish aviation services business Celebi Aviation Holding, according to reports.
HIG invests in Austrian boarding school
HIG Europe has invested in Austrian boarding school St Gilgen International School (StGIS) with a view to create a global education platform.
Private equity firms prepare £10bn EE bid
Apax Partners and KKR are bidding against Blackstone and CVC Capital Partners for UK mobile phone operator EE, according to reports.
Omnes backs Groupe Eyssautier MBO
Omnes Capital has taken a stake in the management buyout of French marine and transport insurance broker Groupe Eyssautier.
SBOs subside in 2012
Following a record 2011, the volume of “pass-the-parcel” deals abated slightly last year – but primary transactions still have a long way to go before returning to their pre-crisis glory.
PHD Equity completes MBO
PHD Equity Partners, the private equity arm of Dow Schofield Watts, has backed the management buyout of lending company Davenham Group.
Electra Partners to buy UBM data division for £160m
Electra Partners is set to acquire information services provider UBM Data Services in a £160m spin-off from parent company UBM.
Palatine invests in Chase Templeton
Palatine Private Equity has invested in British private medical insurance broker Chase Templeton.
N+1 buys Probos from Explorer
N+1 Private Equity has acquired Portuguese plastic band manufacturer Probos in a €75m SBO from Explorer.
Abry backs Thomsons Online Benefits
Abry Partners has invested in UK-based employee benefits specialist Thomsons Online Benefits, in a deal that values the firm at £100m.
PE houses circle Côte Brasserie
Private equity firms including LDC, Bridgepoint and Equistone are due to bid for UK-based restaurants chain Côte Brasserie next week, according to media reports.
2013: long on exits, short on new deals
The year ahead will be one of exits and pockets of liquidity in financing markets – but new deals and traditional funding may be weak.