Buyouts
Water investing: money on tap?
Water is back on tap as two companies in the area have generated interest from private equity this week, reports Deborah Sterescu.
Terra Firma mulls request to invest more into EMI
Terra Firma is reportedly considering asking its investors to inject an additional £120m into troubled portfolio company EMI, the music group, in order for the business to avoid defaulting on its loan covenants.
Entrepreneurs sour towards private equity model
Despite research suggesting that a large number of entrepeneurs will look to private equity as a source of capital in the coming months, anecdotal evidence reveals a far more negative attitude towards the industry. Deborah Sterescu investigates.
Hamilton Bradshaw backs DRC Group BIMBO
James Caan's privae equity firm Hamilton Bradshaw has backed the BIMBO of medical recruitment specialist DRC Group.
Miura makes add-on acquisition for Grupo Atrezzo
Miura Private Equity has acquired merchandising business Marcelo Vilá.
Advent latest to hunt on Warsaw Exchange
Advent's EUR 100m buyout of WsiP marks the second take-private in two months from one of Europe's busiest stock markets. But why are investors choosing Warsaw? Kimberly Romaine reports
Lion Capital acquires debt of portfolio company La Senza
Majority owner Lion Capital has reportedly acquired 100% of La Senza's long-term debt.
Buyouts 2009: The year of lost opportunities
Despite plenty of "dry powder," 2009 ranks as one of the worst years in private equity history. Eckhoff and Eftimiu present unquote"s European Buyout Review
Sale now on: Permira lines up £500m DFS acquisition
With Permira interested in a £500m buyout of furniture retailer DFS, could this be a return to form for a sector that has seen a slew of failures over the past 18 months? Deborah Sterescu reports.
Charterhouse favourite for £500m United Utilities sale
Charterhouse Capital Partners is understood to have gained the edge on a £500m bid for utility company United Utilities Contract Solutions (UUCS).
Survitec deal bodes strong year for buyouts
This week's foursome of sizable buyouts have put Europe on course to reach EUR 40bn for 2010, 50% larger than 2009's dire figure, writes Kimberly Romaine.
Growth to remain strong in 2010
While the Belgian buyout market has suffered along with the rest of Europe over the last two years, growth capital has gone from strength to strength. Francinia Protti-Alvarez reports.
Warburg Pincus acquires Montagu's Survitec for £280m
Montagu Private Equity has completed its exit of Survitec, the survival equipment manufacturer, through a secondary buyout to private equity giant Warburg Pincus in a £280m deal.
SBOs: To Xafinity and beyond
Duke Street’s sale of employee benefits company Xafinity to Advent International marks the second major secondary buyout in as many days. With the buyout market currently a dichotomy between cash-rich and exit-starved managers, SBOs could be set to...
Advent buys Duke Street's Xafinity
Duke Street has completed its exit of Xafinity, the specialist pension services and employee benefits group, through a secondary buyout to Advent International in a deal of undisclosed value - the second SBO in two days.
SBOs replace IPO hopes as KKR snaps up Bridgepoint’s Pets at Home
IPO maths don't add up as KKR completes £ 950m Pets at Home secondary. Rikke Eckhoff reports.
KKR acquires Pets at Home as SBO proves more lucrative than IPO
Bridgepoint has completed the exit of its pet retail chain Pets at Home through a secondary buyout to US giant KKR that is reportedly worth more than £950m, ending talk of a potential floatation of the business.
Investec funds Odgers Berndtson buyout
Investec Private Bank Growth & Acquisition Finance has backed the £16m partial buyout of headhunting firm Odgers Berndtson from its parent, OPD Group.
BaltCap acquires Air Maintenance Estonia
BaltCap has acquired the aircraft maintenance, repair and overhaul company Air Maintenance Estonia (AME) from Scandinavian Airlines (SAS).
UK - Lyceum Capital acquires UKDN
Mid-market investor Lyceum Capital has acquired a majority stake in drainage claims manager UK Drainage Network for an undisclosed sum.
UK - Phoenix sells Acorn Care & Education to Ontario Teachers
UK-based buyout firm Phoenix Equity Partners has agreed to sell its portfolio company Acorn Care & Education, a provider of foster care services and schools for children with learning disabilities, to one of its biggest LPs, Ontario Teachers Pension Plan.
NETHERLANDS - PPM Oost backs Heli-One MBO; re-brands NedAero
PPM Oost has backed the management buyout of aircraft parts manufacturer Heli-One Components from CHC Helicopter Corporation, acquiring a 30% stake in the new company which will trade as NedAero company.