Buyouts
PORTUGAL - GED acquires majority stake in Fase
It is understood that Spain-based private equity firm GED has acquired a 70% stake in Portuguese consultancy business Fase, in a deal valued at EUR 12m. The balance of the equity will be retained by the management team.
GERMANY - PE interested in Almatis
Reports suggest that Blackstone and Advent International are among several buyout houses interested in bidding for Dubai International Capital's (DIC) German aluminium business Almatis, which entered debt restructuring talks earlier this month.
BENELUX - PE interested in Intertrust
According to reports, several major buyout houses have expressed interest in making an offer for Intertrust, Fortis' former tax-advisory arm.
UK - Charterhouse acquires Candover's Wood Mackenzie for £553m
Charterhouse Capital Partners has agreed to acquire energy consultancy Wood Mackenzie, in a secondary buyout from beleaguered buyout house Candover valued at ТЃ553m.
GLOBAL - Barclays accepts BlackRock's offer for BGI
Barclays' board of directors has accepted BlackRock's offer to acquire its asset management division Barclays Global Investors (BGI), with the price tag thought to be around $10bn.
UK - GI Partners-backed The Orchid Group acquires BRB businesses
GI Partners-backed The Orchid Group has acquired 10 businesses from Birmingham-based Bar Room Bar (BRB), the pub group that collapsed in April.
POLAND - Enterprise Investors acquires PLN 16m Web Inn
Enterprise Investors has wholly acquired IT sourcing business Web Inn in a deal valued at PLN 16m (EUR 3.6m).
SWEDEN - Procuritas acquires Däckia from Goodyear
Procuritas, via its fund Procuritas Capital Investors IV, has acquired tire services chain Däckia Holding AB from Goodyear Dunlop Europe BV.
IRELAND - Permira interested in Eircom
According to reports, UK-based buyout house Permira is interested in acquiring infrastructure specialist Babcock & Brown-backed Irish telecom group Eircom.
Back to the Roots
German private equity is fighting a battle on several fronts and a number of disturbing trends have emerged over the last few months that could shape the industry for years to come. Mareen Goebel reports
ITALY - 21 Partners in Rgi delisting
Reports indicate that private equity firm 21 Partners and Sirius Holding could be moving to delist software company Rgi SpA.
FRANCE - Evolem purchases majority stake in Edé Ruy
Evolem has taken a majority share in Edé Ruy, a producer and distributor of food products to the restaurant sector.
EUROPE - Private equity interest in Thomas Cook
Both private equity and trade buyers are reportedly circling Thomas Cook, Europe's second biggest tour operator, after its majority stakeholder, German retailer Arcandor, filed for insolvency on Tuesday.
UK - Aberdeen backs buyout of its private equity business
Aberdeen Asset Management has backed the management buyout of its own private equity business for an undisclosed sum, retaining a significant minority stake believed to be in the region of 25%.
UK - Charterhouse in talks to acquire Candover's Wood Mackenzie
UK buyout house Charterhouse Capital has reportedly entered exclusive talks to acquire Candover-backed energy consultancy firm Wood Mackenzie for ТЃ550m.
UK - Carlyle-backed Apollo Global to acquire BPP in £300m deal
Carlyle-backed educational investment company Apollo Global is reportedly to acquire business college operator BPP, in a deal that values the company at ТЃ303m.
UK - LDC backs £20m buyout of ANSA and Independent Inspection
Mid-market investor LDC has backed the ТЃ20m management buyout of claims providers ANSA Holdings and Independent Inspection Holdings from listed parent company Mavinwood plc, in exchange for a majority stake in the newly combined business.
NETHERLANDS - Gimv backs Claymount MBO
Gimv has acquired a 43% in x-ray business Claymount Group in a management buyout, with CEO Jeffrey Tierie and other management team members retaining the balance of the equity.
UK - Braveheart acquires Inkopo
Venture investor Braveheart has acquired the entire share capital of Yorkshire-based specialist investment business Inkopo. The consideration comprises an initial cash payment of ТЃ75,000 and three tranches of Braveheart shares over the next two years,...
FRANCE - Pechel Industries buys 42% stake in Eminence
Pechel Industries has taken a 42% stake in clothing company Eminence for an undisclosed sum.
UK - Private equity buyers no longer interested in Apollo and Keepmoat
Private equity interest in an investment into social housing contractors Apollo and Keepmoat has cooled, despite Lloyds officially putting their 20% holding up for sale.
DENMARK- Altor acquires Pulse Medtech from listed Technitrol
Altor Equity Partners has acquired the Pulse Medtech Group, a designer of hearing solutions, from listed Technitrol Inc, a manufacturer of hearing aids and medical devices.
SPAIN - Catalana d'Iniciatives acquires e-Diagnostics in EUR 3.8m deal
Catalana d'Initiatives has acquired an 80% stake in medical diagnostics firm e-Diagnostic, in a deal valued at EUR 3.8m.
UK - Advent Ventures backs MBO of The Foundry
Advent Venture Partners has backed the management buyout of visual effects software developer The Foundry from Wyndcrest Holdings for an undisclosed sum.