Buyout
Carlyle CEE spin-out exceeds €100m mark
Carlyle spin-out Resource Partners has raised more than €100m towards its debut fund after teaming up with AXA Private Equity, which is contributing €50m. Resource, Central & Eastern Europe’s only first-time fund to raise money in 2009, overcame...
Madison Dearborn soldiers on to close Fund VI
The Chicago-based buyout house takes well over two years to close latest fund at around 40% of its original target
unquote" 4 May 2010
Buyout activity in the UK has been growing now for six consecutive quarters as the industry recovers from the financial crisis.
Polaris plans second close of third fund in May
Nordic private equity house Polaris is set to holding a second close of its third buyout fund in May this year.
Advent wins £500m DFS auction
Advent International has succeeded with its £500m bid to acquire DFS, a home furniture retailer.
Carlyle's Argon GmbH makes takeover offer for listed P&I
Carlyle Group-backed Argon GmbH & Co KG has made a voluntary public takeover offer for Personal & Informatik (P&I) AG.
Montezemolo & Partners acquires 60% of Octo Telematics
Montezemolo & Partners PEH has acquired 60% of Octo Telematics from Meta System Group.
Bridgepoint Development Capital set up Paris team
Bridgepoint Development Capital (BDC) has set up an office in Paris led by Pierre Colasson.
Diana Capital seeks €175m for second fund
Spanish lower mid-cap specialist Diana Capital has confirmed that fundraising has begun on a new €175m-target vehicle.
21 Partners hold €300 second close of fourth fund
21 Partners has held a second close of 21 Centrale Partners IV just over €300m.
Carlyle raises $1.1bn financial services fund
The Carlyle Group has raised $1.1bn for its first financial services fund, Carlyle Global Financial Services Partners (CGFSP).
Ventizz acquires Sovello AG
Ventizz Capital Partners has acquired solar module manufacturer Sovello AG from REC Group, Evergreen and Q-Cells.
GEM Benelux holds first and final €200m close of second fund
Gilde Equity Management (GEM) Benelux has reached the first and final close of its new fund, GEM Benelux II, at its hard cap of €200m.
Italy launches €1bn fund for SMEs
The Italian government and a group of private investors including Confindustria, the Italian Association of Banks (ABI) and the country’s three main financial institutions –Intesa Sanpaolo, UniCredit and MPS- have launched a €1bn fund to support...
Gimv-XL closes on €609m
European investment company Gimv has announced the final closing of its latest vehicle Gimv-XL fund at €609m.
BPE acquires Domilens
BPE Unternehmensbeteiligungen GmbH has, together with the management team, wholly acquired medical supplies company Domilens GmbH from STAAR Surgical AG, Switzerland.
CBR Management GmbH acquires easy sports from the founder
CBR Management GmbH has acquired 54% of easy sports from the founder. The owner kept 40% of the shares; active co-investors hold the balance.
AFINUM Management buys Erpo International
AFINUM Management GmbH has acquired upholstery furniture maker Erpo International from its previous owner Thomas Jungjohann for an undisclosed sum.
Q&A: Fundraising Review/Preview
Francois Rowell speaks to Lorenzo Lorenzotti, managing director at fund-of-fund ACG Private Equity about fundraising in 2009 and the prospects for 2010.
Siemens hearing aids sale might be cancelled
According to reports, the sale of Siemens Audiologische Technik, the hearing aids business of Siemens AG, might not go through.
BOCE acquires Austria Email from UIAG
Buy-Out Central Europe has acquired 63.41% of listed Austria Email AG from investor UIAG.
Q&A: The fundraising fulcrum
Francois Rowell speaks to Mounir Guen, CEO of placement agent MVision, about the fundraising climate in 2010.
123Ventures increases shareholder base
Private equity house 123Ventures has increased its shareholder base from seven to 17 through an owner buyout.
Germany’s false dawn
A couple of mega-deals mask the Mittelstand’s demise