Benelux
Permira sells Provimi for €1.5bn
Permira has reached an agreement to sell Dutch animal food producer Provimi to Cargill for €1.5bn.
UK activity surges in July after slow start
Following a rather lacklustre start to 2011, the UK has seen a sudden spike in private equity investment activity this summer, and professionals will be hopeful this can continue through the rest of the year.
Intel Capital launches Ultrabook Fund
Intel Capital, the private equity arm of computing hardware provider Intel, has announced the launch of its Ultrabook Fund with a $300m target.
IK acquires Doedijns in SBO
IK Investment Partners has acquired a majority stake in Dutch engineered solutions provider Doedijns International from Friesland Bank Investments.
A third of deals in doubt from September
Recent changes to the Takeover Code would have impacted 32% of UK deals since 2005. But if properly considered, P2Ps will still be do-able. Kimberly Romaine reports.
Benelux unquote" July/August 2011
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
Pandora IPO lifts lid on PE failings
Pandora is not the only private equity-backed IPO to suffer т it would seem the box is full of underperforming listings. John Bakie reports.
T-Venture backs VeliQ
Deutsche Telekom's venture arm T-Venture has invested in mobility solution specialist VeliQ.
Gimv backs XL Video with €19m
Gimv has invested €19m in technology company XL Video in return for a 47% stake.
Industry fears confirmed as BGF outbids NVM
The Business Growth Fundтs outbidding of private investor NVM appears to justify market concern that the vehicle constitutes unfair competition to smaller PE houses.
Carta Capital reaps 14-18% IRR on three exits
Lower mid-market mezzanine investor Carta Capital has exited three of its investments, each reaping an IRR of 14-18% and a money multiple of 1.6x to 1.8x.
Waterland's fifth fund raises €1.1bn
Waterland Private Equity Investments has held final close of its fifth fund, Waterland Private Equity Fund V, at тЌ1.1bn.
Proskauer Rose poaches three for funds team
Proskauer Rose has poached three private equity fund structuring professionals from rivals Kirkland & Ellis and SJ Berwin in recent days, in anticipation of increased fundraising activity.
Niklas Eklund joins Wellington Partners
Wellington Partners has appointed serial entrepreneur Niklas Eklund as a venture partner.
Secondary players dominate Italy's foreign LP base
Italian GPs ought to be doing more to attract foreign investors at the fundraising stage, as many of the country's overseas-based LPs are secondary players. Susannah Birkwood finds out whether this and other local trends are about to change.
Riverside adds two new execs
Global private equity firm The Riverside Company has appointed two new executives, Juan Rufilanchas and Jaime Escribano, to its Madrid office.
2011: The year of the mega buyout
While the increase in volume of European buyouts has been modest in 2011, the surge in value has been impressive. Viktor Lundvall investigates
Waterland invests €100m in Sarens
Waterland Private Equity has agreed to invest €100m in Dutch crane hire company Sarens Group.
German IPOs fail to meet expectations
A relatively large number of IPOs have taken place lately on the Frankfurt stock exchange with more expected later in the year. But doubts still remain over the wisdom of IPOs in the post-crisis era. Diana Petrowicz investigates.
Bernie Ecclestone accused of bribery in F1 buyout
Formula One CEO Bernie Ecclestone has been accused by German prosecutors of bribing former BayernLB chief risk officer Gerhard Gribkowsky at the time of the company's 2006 buyout.
unquote" Private Equity Barometer – Q2 2011
Preliminary figures released today in the Q2 2011 unquote" Private Equity Barometer reveal renewed activity during Q2.
Advent buys Mondo Minerals in SBO
Advent International has entered exclusive talks to acquire Mondo Minerals in a secondary buyout from HgCapital.
Q&A: The role of funds-of-funds
Emanuel Eftimiu talks to Tim Creed, executive director and head of Adveqтs European investment programme, about the relevance of fund-of-funds in today's market, the future of large-cap buyout funds and the impact of upcoming regulation.
Benelux unquote" June 2011
The auction process for Parcom Capital-owned ticketing company See Tickets has now reached a second round of bidding, according to media reports.