Buyouts
Bowmark Capital backs £48m Leaders MBO
Bowmark Capital has backed the £48m management buyout of specialist lettings agency Leaders from RO Group, a property investment and development business.
Siemens aborts plans to sell hearing aids unit
According to reports, the sale of Siemens Audiologische Technik, the hearing aids business of Siemens AG has now definitely been cancelled.
BlueGem in line to acquire Liberty after company sells flagship store
BlueGem Capital Partners is said to be the frontrunner to acquire luxury retailer Liberty in a deal worth more than £40m.
Cinven to buy Sebia from Montagu
Cinven is set to buy French medical diagnostic company, Sebia, from Montagu Private Equity in a secondary buyout deal reportedly valued at €800m.
NVM acquires Lanner from 3i in £3m deal
NVM Private Equity has backed the £3m management buyout of simulation software provider Lanner Group from 3i, which owned a minority stake in the company.
KKR and Warner in break-up bid talks for EMI
KKR and Warner Music Group are reportedly in talks to launch a break-up bid for EMI, which is currently owned by Terra Firma, who acquired the business in 2007 in a £4bn deal.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.
Ibersuizas to bid for SOS rice division
According to market sources, Spanish private equity investor Ibersuizas is set to present a bid for the rice division of food group SOS.
Private equity puts retail on the shopping list
Quite surprisingly, the retail sector has been generating significant interest from private equity as of late, indicating that this area of the market has the potential to return to its pre-credit crisis glory. Deborah Sterescu reports.
Carlyle takeover talks with Shanks put to an end
Carlyle is no longer in talks with waste management company Shanks over a potential takeover, as the private equity firm's lower offer of 120 pence per share was rejected outright by the business' board yesterday.
Miura acquires 80% stake in Gescobro
Miura Private Equity has acquired an 80% stake of the leading credit management services company Gescobro.
Pricing expectations begin to level out
The latest unquote” online poll reveals that the pricing mismatch that is said to have hampered dealflow throughout last year is still noticeable, although the gap has narrowed. Mareen Goebel reports
Primary completes £35m SBO of AMTECH from HSBC PE
Primary Capital has acquired software provider AMTECH Group in a £35m deal from HSBC Private Equity.
HgCapital in exclusive talks to buy John Laithwaite
HgCapital is reportedly in exclusive talks to buy commercial laundry equipment supplier John Laithwaite in a deal worth around £150m.
EdRIP buy minority stake in Iranex
Edmond de Rothschild Investment Partners (EdRIP) has purchased a 24% stake in Groupe Iranex, a nutritional ingredients company, alongside Stéphane Dondain the company CEO who holds the remaining 76%.
3i and N.I. Partners acquire Apax's stake in Vedici
3i and N.I. Partners have acquired a stake in acute care company Vedici, alongside founding directors Jérôme Nouzarède and Michel Bodkier, from Apax Partners SA and its listed vehicle Altamir Amboise.
Endless buys Trutex
Turnaround investor Endless has acquired schoolwear supplier Trutex.
Alto Partners takes 51% stake in IPE Cavalli
Alto Partners has acquired a 51% stake in design furniture business IPE Cavalli.
Bridgepoint to acquire Care UK in £280m deal
Bridgepoint has agreed to acquire listed health and social care company Care UK for 450 pence per share, in a deal that values the business at £281m.
Barclays PE reaps 5.7x on £325m Deb sale to Charterhouse
Barclays Private Equity (BPE) has sold skincare company Deb Group in a secondary buyout deal to Charterhouse Capital Partners for £325m.
Sovereign backs EEG management buyout
Sovereign Capital has backed the management buyout of Euro Environmental Group (EEG), a provider of drain and sewer cleaning, inspection and repair services.
AXA PE and PAI bidding for Shell’s €1bn LPG division
AXA Private Equity and PAI Partners are among the bidders circling Royal Dutch Shell’s Liquefied Petroleum Gas (LPG) division, which price tag nears €1bn.
2010 buyout activity promising
Although volume and value buyout figures in France have dropped in 2009, the slight recovery seen in the last two quarters could mean that a recovery is underway. Francois Rowell reports.
LDC acquires Speed Check Services
UK mid-market investor LDC has acquired a majority stake in traffic management specialist Speed Check Services (SCS).