Buyouts
Activa-backed Findis acquires Cocélec
Activa Capital portfolio company Findis, a French household appliances distributor, has acquired French electrical, audiovisual and culinary products distributor Cocélec for an undisclosed amount.
Kelso Place backs Nicole Farhi
Kelso Place Asset Management has acquired a majority stake in fashion brand Nicole Farhi from OpenGate Capital.
Patron Capital backs Motor Fuels Group
Patron Capital Partners has led the management buy-in of petrol filling stations and retailing stores operator Motor Fuels Group in a joint venture with the new management team Scottish Capital Group. Financial details of the deal remain undisclosed.
Hutton Collins backs acquisition of Hunter Boots
Hutton Collins has provided £32m in PIK and equity to fund the majority buyout of footwear and accessories supplier Hunter Boots by US-based GP Searchlight Capital Partners.
KPS buys Bosch Foundation Brakes
KPS Capital Partners has announced the acquisition of The Bosch Group’s automotive foundation brakes business Bosch Foundation Brakes. Financial details of the transaction remain undisclosed.
FSN Capital buys PM Retail
FSN Capital has acquired Norwegian women's clothing retailer PM Retail.
UK Watch: Bigger not better in Q4
The smaller buyout segment in the UK thrived in Q4 2011 while larger deals faltered, according to the latest findings of the unquote” UK watch, in association with Corbett Keeling.
Bowmark Capital acquires CSL in £32m SBO
Bowmark Capital has backed the secondary buyout of security communications company CSL DualCom with £32m.
21 Centrale acquires Vacances Directes
21 Centrale Partners has bought French mobile home rental business Vacances Directes, formerly backed by Acto Capital, in a deal understood to be worth around €70m.
Albion backs Hilson Moran MBO
Albion Ventures has invested in Hilson Moran Holdings Limited to back the £5m management buyout of engineering and environmental consultancy company Hilson Moran Partnership Limited from Altran Technologies S.A.
unquote" private equity barometer - Q4 2011
There was a major drop-off in overall deal volume in Q4 2011, with a continuing contraction across all deal stage segments resulting in a total of just 192 deals, the lowest figure recorded since Q4 1996 (158).
LDC completes MBO of Benson Group
LDC has backed the management buy-out of printing and packaging business, Benson Group, facilitating the exit of the two principal family shareholders. Financial details of the transaction remain undisclosed.
Tyrol Equity acquires RSN Sihn
Tyrol Equity has taken a 50.1% stake in automotive industry supplier RSN Sihn for an undisclosed amount.
IDI buys Emeraude from CM-CIC LBO Partners
Listed fund IDI has acquired French polymers distributor Emeraude International from CM-CIC LBO Partners, alongside management.
AXA PE buys Ouvêo group
AXA Private Equity has acquired French window manufacturer Ouvêo from Alliance Entreprendre and FSI Régions (formerly Avenir Entreprises), in a transaction valued at less than €50m.
French LBOs: foreign buyers beware?
France’s latest Loi de Finances (the national budget voted in parliament) introduces stricter rules regarding fiscal integration and the tax deductibility mechanism on financial charges. This could spell bad news for foreign LBO funds looking to acquire...
Carlyle acquires Turkish education provider
The Carlyle Group has acquired a 48% stake in Bahcesehir Koleji Education Group.
GCP invests in World Trade Group
GCP Capital Partners has backed the MBO of World Trade Group for £27.5m.
Norvestor backs Marine Aluminium
Norvestor has acquired a majority stake in aluminium structure engineering company Marine Aluminium.
Apax Partners acquires Orange Switzerland for €1.6bn
Apax Partners has wholly acquired telecommunications firm Orange Switzerland from France Telecom Orange for approximately CHF 2bn (€1.6bn).
Sun European Partners acquires Elix
Sun European Partners has acquired plastics business Elix Polymers for an undisclosed amount.
Encore Capital invests in probikekit.com
Encore Capital has invested an undisclosed amount in online retailer of bicycle accessories Bike Kit Ltd, trading as probikekit.com (PBK).
Carlyle acquires The Sniffers
The Carlyle Group has acquired a majority stake in the Belgian emission monitoring company The Sniffers.
Lead Equities invests in MCL
Lead Equities has acquired a majority stake in hardware specialist MCL Computer & Zubehör.