Buyouts
Explorer in talks to acquire Inspecentro
Portuguese buyout house Explorer Investments is contemplating the acquisition of the entire share capital of motor vehicle inspection company Inspecentro.
LBO France and LFPI Gestion close Eminence SBO
LBO France and LFPI Gestion have acquired men's underwear manufacturer Groupe Eminence from Orium and Pechel Industries Partenaires.
The unquote" forecast: Buyout activity approaches 2008 levels
Propped up by a strong third quarter, European buyout activity should exceed the overall value invested in 2008 by the end of this year, but may fall short volume-wise. Greg Gille reports
Exponent in £121m BBC Magazines buyout
Exponent Private Equity has purchased BBC Worldwideтs consumer magazine business BBC Magazines for ТЃ121m.
Cinven buys Guardian from Aegon
Cinven has acquired UK life and pensions provider Guardian Financial Services from Aegon for ТЃ275m.
ECI buys Wireless Logic for £38m
UK mid-market investor ECI Partners has backed the management buyout of Wireless Logic from Dragonsт Den entrepreneur Peter Jones for ТЃ38m.
UK activity surges in July after slow start
Following a rather lacklustre start to 2011, the UK has seen a sudden spike in private equity investment activity this summer, and professionals will be hopeful this can continue through the rest of the year.
Quadriga acquires Kinetics
Private equity house Quadriga Capital has acquired Kinetics Germany from US-based Kinetic Systems.
IK acquires Doedijns in SBO
IK Investment Partners has acquired a majority stake in Dutch engineered solutions provider Doedijns International from Friesland Bank Investments.
Bain seeking final bids for FCI
Bain Capital is today expecting final bids for portfolio company FCI, which could fetch up to $1bn.
Sun European Partners buys Unterland Flexible Packaging
Sun European Partners has acquired Unterland Flexible Packaging GmbH from parent company Mondi.
Cinven in talks for Guardian Life Insurance
Cinven is set to buy Aegonтs Guardian Life Insurance in a ТЃ250m deal.
Advent buys part of Oberthur for €1.15bn
Advent International has agreed to acquire the Card Systems and Identity divisions of French secure technologies specialist Oberthur for €1.15bn.
YFM backs Bagel Nash MBI
YFM Equity Partners has backed the management buy-in of UK-based bakery and retail business Bagel Nash.
Mid-market up a third year-on-year
Amid a modest overall recovery for European buyouts, the mid-market space has so far performed strongly in 2011. Greg Gille investigates
Ergon acquires Fundició Dúctil Benito
Belgium mid-cap firm Ergon Capital Partners has acquired a majority stake in Catalan company Fundició Dúctil Benito in its first transaction in Spain.
NBGI and Ethemba back Birgi Mefar
NBGI Private Equity and Ethemba Capital have acquired a controlling stake in Turkish pharmaceutical company Birgi Mefar for an undisclosed amount.
MCH and Corpfin invest in Segur Ibérica
MCH Private Equity and Corpfin Capital have acquired N+1 Private Equity’s stake in Spanish security firms Segur Ibérica and Hortus Mundi for €26m.
GMT acquires MeetingZone for £38.5m
GMT Communications Partners has teamed up with management to acquire UK-based conference and collaboration service provider MeetingZone for a total consideration of ТЃ38.5m.
Perceva Capital in Supra take-private
Perceva Capital has acquired a 58% stake in listed French heating devices manufacturer Supra in a deal that values the business at €12m, with a view to delist it in the Autumn.
PE firms linked to sale of Glaxo non-core brands
A number of private equity groups are thought to be interested in acquiring a product portfolio being sold by GlaxoSmithKline (GSK).
Augur acquires Pall Mall Investment Management
Augur Capital has acquired a majority stake in German asset management firm Pall Mall Investment Management for an undisclosed amount.
TA Associates takes 50% stake in DNCA Finance
TA Associates has secured a 50% stake in French asset management firm DNCA Finance for an undisclosed amount.
Private equity considering takeover of Bintons Carpets
UK-based Bintons Carpets is reportedly in talks with an unnamed private equity firm over a potential sale.