DACH
Apax sells IFCO Systems to Brambles
Apax has agreed to sell its majority stake in listed German logistics company IFCO Systems to Australian trade buyer Brambles.
unquote" mobile site launched
unquoteт has launched a mobile friendly version of its website, allowing subscribers to check on all the latest deal and industry news while on the move.
Deutsche unquote" November/December 2010
MEPs have now agreed on the final text of the Alternative Investment Fund Managers (AIFM) Directive, bringing 18 months of discussion to an end.
KKR sells recycling company DSD
British private equity group Solidus Partners has backed the acquisition of Duales System Deutschland (DSD) for an undisclosed amount.
High-Tech Gründerfonds invests in meinprospekt.de
High Tech Gründerfonds has back a second round of investment for online price comparison business MeinProspekt GmbH.
Asia's growing importance in European M&A
The sale process surrounding 3i portfolio company Hyva would not only be a major exit for the investor, but demonstrates the increasingly global nature of M&A. The proposed тЌ600m sale has received interest from not only European private equity houses,...
Apollo makes offer for BHF Bank
Apollo Management has made an offer for BHF Bank, a subsidiary of Deutsche Bank.
Aheim back MBO of Ercos
Aheim Capital has backed the management buyout of Ercos S.A.'s German division for an undisclosed sum.
A new dimension
Although the secondaries market has increased substantially in size over the past few years, little progress has been achieved in making transaction processes more efficient and transparent. This could be about to change as Emanuel Eftimiu finds out....
Augur Capital buys LRI Invest
Augur Capital has acquired the service-oriented investment and fund administration company LRI Invest from Landesbank Baden-Württemberg for an undisclosed amount.
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years....
The Silver Lining
The cost of the recession to private equity has been all too evident, but is there a silver lining? As we move into a period of increased movement on the exit front, some investors believe a greater understanding of what makes portfolio companies tick...
Schoenherr adds new partners
Central European law firm Schoenherr has added five new partners from Eastern Europe.
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised тЌ259m of commitments.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on тЌ420m.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
PAI buys Swissport for €654m
Private equity firm PAI Partners has bought passenger and cargo handling company Swissport from Spanish infrastructure group Ferrovial for €654m.
Waterland acquires Ranger in LBO
Waterland Private Equity has acquired Ranger Marketing & Vertriebs in an LBO designed to fund the company’s expansion into other countries and business areas.
Just like old times?
The latest unquoteт Private Equity Barometer had some startling figures in stock. A whopping тЌ21.4bn worth of buyouts were recorded in the third quarter this year т almost double the тЌ11.3bn seen in Q2 and by far the highest figure since the тЌ21.6bn...
Oaktree lifts Beluga Shipping with major investment
Oaktree Capital Management has committed €200m to support the German operator of heavy-lift vessels Beluga Shipping.
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route....
Fundraising: The importance of the placement agent
In such tough fundraising conditions, the role of the placement agent has become increasingly important. Emanuel Eftimiu talks to HarbourVestтs George Anson and Mounir Guen of MVision about the current fundraising market and what LPs expect in this new...
Fun-raising: PE runners seek €2.5m
GPs including 3i, Apax, Arcus, Bridgepoint, Capvis, Coller, Meridiam and Platina have joined forces to raise тЌ2.5m. LPs Adams Street, Capital Dynamics, Partners Group, Pantheon and Pomona are also taking part, with Campbell Lutyens, Ernst & Young, PEI...