Buyouts
GERMANY - Cogentas portfolio company acquires gkk DialogGroup
Scholz & Friends Group, a Cognetas portfolio company, has acquired Frankfurt-based gkk DialogGroup (gkk), a provider of communication services. Scholz & Friends, an advertising and marketing group, established a joint venture with gkk in early 2005 called...
UK - Cadbury demerger presents opportunity for Blackstone and Lion?
It is reported today that Blackstone and Lion Capital are considering a bid for the beverage arm of Cadbury Schweppes following news that the company has appointed its bankers to prepare for a demerger of its drinks and confectionary arms.
NL - GIMV acquires Prolyte through Dutch subsidiary Halder
GIMV has acquired, through its Dutch subsidiary Halder, a majority shareholding in Prolyte, the European market leader in movable aluminium constructions for the entertainment and exhibition industry. Prolyte was owned by the managers and founders of...
UK - TA Associates to acquire Jupiter
TA Associates has emerged as the most likely buyer for fund management group Jupiter Asset Management. The company has been in discussions with a number of private equity firms since its owner, Commerzbank, announced its intention to list Jupiter a year...
UK - Sovereign Capital creates enlarged social housing maintenance company
Sovereign Capital has acquired Hudson Engineering Services Ltd. Hudson, a provider of gas, fabric and electrical maintenance services to homes owned by local authorities and the Ministry of Defence, will be merged with two other portfolio companies in...
UK - Inflexion backs buyout of air conditioning business
Inflexion Private Equity has led the buyout of Aspen Pumps Ltd & BBJ Engineering Ltd, a supplier of condensate pumps and air conditioning accessories. Inflexion has acquired a majority equity stake, the management team has also invested and a package...
SPAIN - Dinamia and Nmás 1 acquire Alcad for EUR 9,8m
Private equity firms Dinamia and Nmás 1 have acquired Alcad in an MBO valued at EUR 9,8m.
FRANCE - CDC CI acquires 66% of Feu Vert
CDC Capital Investissement has acquired 66% of Cofidim, a holding comprising car servicing business Feu Vert, spare parts distributor Impex, and windshield repair company Mondiale Par-Brise.
UK - KKR's initial bid for Boots rejected
KKR's ТЃ10-per-share bid for chemist and retailer Alliance Boots, in association with the company's executive deputy chairman Stefano Pessina, has been rejected.
GERMANY - HSH N Kapital acquires Siemens division
HSH N Kapital GmbH has announced the acquisition of Siemens Building Technologies electronic GmbH from Siemens Building Technologies for an undisclosed amount. Mühlhausen-based Siemens Building Technologies electronic GmbH, develops and produces energy...
UK - Close Ventures backs £6.7m buyout of Compass Supply Solutions
Close Ventures has invested up to ТЃ6.7m into Chichester Holdings Ltd to back the management buyout of Compass Supply Solutions Ltd (Compass).
SWEDEN - Kwintet acquires The Cotton Group
Industri Kapital portfolio company Kwintet has acquired European promotional wear company The Cotton Group. Industri Kapital backed the buyout of Kwintet in 2005.
GERMANY - Triton acquires SMS businesses
Triton has acquired a portfolio of companies supplying plastics processing machinery in the field of pipe and profile extrusion as well as film and sheet extrusion technology from SMS Kunststofftechnik. The companies comprise Battenfeld Extrusiontechnik,...
BELGIUM - 3i backed AviaPartner acquires Aero Groundservices
AviaPartner, a 3i portfolio company, has acquired cargo handling firm Aero Groundservices from VCK Holding, a logisitics and travel company.
UK - Boundary Capital hits a double
Boundary Capital has acquired Prontaprint and Kall Kwik in a management buyout from Adare.
UK - The Riverside Company acquires Salamander
The Riverside Company has acquired Salamander as an add-on to Sentinel, a platform company acquired by Riverside in August 2005.
UK - The Riverside Company acquires Dapco
The Riverside Company has consolidated its presence in the railway maintenance sector, acquiring Dapco to complement its acquisition of Nordco in July 2003.
UK - Palamon Capital Partners acquires Cambridge Education Group
Palamon Capital Partners has invested тЌ15m to acquire a majority stake in English language teaching provider Cambridge Education Group (CEG).
NL - ABN AMRO Capital and Allianz Capital Partners acquire Sdu
ABN AMRO Capital and Allianz Capital Partners have acquired publishing and secruity identification group Sdu from the Dutch State, each taking a 50% stake in a transaction valued at €415m.
NL - ABN AMRO Capital acquires Vetus Den Ouden
ABN AMRO has acquired water sports business Vetus Den Ouden in a secondary buyout from Alpinvest Partners following an auction process.
UK - Merlin buys Tussauds for £1bn
The Blackstone Group has announced that its portfolio company Merlin Entertainments Group has acquired The Tussauds Group from Dubai International Capital for ТЃ1,028m. The acquisition makes Merlin Entertainments Group the worldтs second largest visitor...
UK - HgCapital acquires Americana International in secondary buyout
HgCapital has acquired Americana International, the owner of the brands Bench and Hooch, from ISIS Equity Partners, in a deal valued at ТЃ190m.
DENMARK - CVC acquires Matas
CVC Capital Partners has purchased personal care retail chain Matas A/S and affiliated stores. The private equity house has acquired 206 stores from approximately 125 store owners and has entered into conditional agreements to acquire an additional 45...
SWEDEN - EQT acquires Scandic Hotels from Hilton
EQT V has acquired Nordic hotel chain Scandic Hotels AB from Hilton Hotels Corporation. Scandic, a brand familiar to over 90% of the population of the Nordic region, has 132 hotels and more than 23,000 rooms in 9 countries.