Buyouts
FRANCE - Apax to sell ALAIN AFFLELOU
Alain Afflelou and Apax Partners today announce that they have entered into a definitive agreement for the sale of their interests in ALAIN AFFLELOU SA to an investment vehicle controlled by Bridgepoint based on a price of EUR 33 per ALAIN AFFLELOU SA...
GERMANY - AXA to buy Pfleiderer Track Systems
AXA Private Equity has signed a contract with Pfleiderer AG for the acquisition of Pfleiderer Track Systems. The acquisition is subject to approval by the German anti-trust authority. A previous exclusivity agreement entered into with Vossloh AG, Werdohl...
FRANCE - TowerBrook takes majority interest in engineering specialist
Private equity firm TowerBrook Capital Partners has today announced that funds managed and advised by TowerBrook will acquire a 67% shareholding in French engineering company GSE for an undisclosed sum. This transaction will also allow GSE’s management...
UK - GermanCapital makes UK acquisition
Calder Holdings Ltd, the parent company of Calder Group, has been acquired by GermanCapital GmbH and Cognis Capital Partners from Permira. The value of the deal has not been disclosed.
UK - Hungry octopus buys pizza
Octopus Asset Management has today announced that is has backed the ТЃ7m acquisition of Perfect Pizza Ltd from Papa Johnтs. The investments will come from the Octopus funds Eclipse VCT Plc, Eclipse VCT 2 Plc and Eclipse VCT 3/4 Plc.
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.
THE NETHERLANDS - ABN AMRO helps Bols return home in EUR 210m deal
ABN AMRO Capital, the private equity business of ABN AMRO, and Huub van Doorne, former Rémy Cointreau SA Group executive board director, have agreed the buyout of a selection of key liqueurs and spirits of French international drinks company Rémy Cointreau....
POLAND - Mid Europa completes Aster buyout
Mid Europa Partners, through its Emerging Europe Convergence Fund II, L.P., has completed the acquisition of Aster, a leading provider of media and communication services in Poland. The agreement to acquire Aster from Hicks Muse Tate & Furst was first...
UK - Dunedin makes 6x money on Letts Filofax sale
Dunedin Capital Partners, the UK mid-market private equity house, has announced that Letts Filofax Group, the market leading supplier of personal organisers and diaries, has been sold to Phoenix Equity Partners for ТЃ45m.
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
UK - Promethean buys Data Locator Group for £23.5m
Promethean Investments LLP has announced the acquisition of the entire issued share capital of Data Locator Group Ltd by an acquisition vehicle, Data Locator Holdings Ltd, for ТЃ23.5m. Promethean provided the equity and subordinated debt funding totalling...
UK - Blackstone makes £205.4m offer for Center Parcs
Forest Bidco, the acquisition vehicle formed by Blackstone, has made a 80 pence-a-share offer for Center Parcs, the short break holiday village operator.
GERMANY - Financial investor tipped to acquire Tuja Holding
According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in...
GERMANY - Lone Star acquires Moenus Textilmaschinen GmbH
Funds advised by US special situations investor Lone Star have acquired Moenus Textilmaschinen GmbH, encompassing the company's operations in Gera, Mönchengladbach, Hamburg and Olomouc in the Czech Republic. The vendor, parent group Moenus GmbH, has said...
UK - SVG posts 19.6% increase in NAV
SVG Capital has unveiled its unaudited preliminary results for the year ended 31 December 2005. The portolio has posted strong results driven by significant distributions and write-ups including a 19.6% increase in fully diluted net assets per share to...
THE NETHERLANDS - VNU accepts EUR 7.5bn LBO offer
VNU NV, a leading global information and media company, and Valcon Acquisition BV, a holding company newly incorporated in the Netherlands, announced today that they have agreed to a public offer for VNU that values the company’s equity at EUR 7.5bn,...
UK - Bank of Scotland invests in McCurrach UK
Bank of Scotland Corporate has announced that its integrated finance team has taken a minority stake in Glasgow-based McCurrach UK Ltd.
GERMANY - Aurelius Group acquires DBT Maschinenfabrik Scharf GmbH
The Aurelius Gruppe has acquired DBT Maschinenfabrik Scharf GmbH from DBT GmbH, a subsidiary of Essen-based RAG AG. RAG is currently taking part in the bidding process for chemicals specialist Degussa. No details of the transaction value have been disclosed....
GERMANY - DZ Equity Partner acquires stake in Illichmann Aluminiumguss
Frankfurt-based DZ Equity Partner has acquired a controlling stake in Austrian Illichmann Aluminiumguss GmbH & Co KG and its Slovakia-based affiliates. Debt was supplied by Investkredit Bank AG. The financial terms of the contract have not been disclosed....
THE NETHERLANDS - KKR and CVC close Rotterdam waste management deal
A consortium led by Kohlberg Kravis Roberts & Co. (KKR) and CVC Capital Partners (CVC) today announces that the transfer of 100% of the share capital in AVR for a total enterprise value of EUR 1.4bn from the Municipality of Rotterdam has taken place....
UK - BOSIF backs secondary buyout of Mono Global
Bank of Scotland Corporate has announced that through its integrated finance team, it has backed the management of Glasgow-based Mono Global Ltd in the secondary buyout of the company. The deal sees 3i Group Plc achieve a successful exit from the company...
SWEDEN - Accent Equity acquires Grycksbo paper mill from Stora Enso
Accent Equity has announced the buyout of 100% of the shares in Stora Enso Grycksbo AB from Stora Enso.
UK - EPIC acquires Bighead Bonding Fasteners
EPIC has announced that Brian Giddings and Robin Bromley-Martin have acquired Bighead Bonding Fasteners.