UK / Ireland
Trade player considering rival bid for TPG target GlobeOp
Financial software and services company SS&C Technologies is set to outbid TPG Capital's offer for fund hedge fund specialist GlobeOp.
Greenpark Capital opens office in Hong Kong
Greenpark Capital has opened a new office in Hong Kong, to be headed by Chin Chin Teoh.
Private equity could profit from QE threat to sovereign bonds
According to the National Association of Pension Funds (NAPF), quantitative easing efforts depress ROI of pension funds committed to gilts, which could push them towards alternative assets.
Gresham-backed TTG bolts on Red-M
Gresham Private Equity portfolio company Team Telecom Group (TTG) has acquired wireless technology company Red-M.
Key Capital appoints managing partner
Key Capital Partners (KCP) has appointed Owen Trotter, co-founder, as managing partner. His appointment is part of the firm’s strategic development plan.
Investec provides debt for 2M co-founder buyout
Investec has provided a debt facility for chairman and co-founder Mottie Kessler's buyout of 2M.
Matrix hits grand slam for deals, exits in 2011
As the downturn drags on, most GPs are laying low and hoarding cash. One small buyout house stood out for achieving four investments and four new exits in 2011 – and has just announced its independence. Kimberly Romaine reports
BGF: “We are not scraping the bottom of the barrel”
Business Growth Fund (BGF) chief executive Stephen Welton today addressed concerns about the fund’s approach to financing small UK businesses. Greg Gille reports
LDC hires Gould as director
LDC has hired Ged Gould, finance director of previous portfolio company American Golf, as director in its North West team.
DC Advisory Partners appoints managing director
DC Advisory Partners has appointed Sergio Ronga as a third managing director to its debt advisory group.
AAC Capital UK sells Amtico to Mannington Mills
AAC Capital UK has sold Amtico Group, an international designer and manufacturer of high end flooring, to Mannington Mills, a US-based provider of branded flooring products.
Chamonix and Electra acquire Peverel from administrators
Chamonix Private Equity and Electra Partners have announced a £62m acquisition of property management services company Peverel Group from administrators Zolfo Cooper.
FF&P backs MBO of British company CreditCall
FF&P and Bestport Ventures have taken a majority stake in British payment technology business CreditCall.
OEP buys Linpac Allibert
One Equity Partners (OEP) has wholly acquired Linpac Allibert, the returnable transport packaging business of Linpac Group.
Business services keeps UK mid-market ticking
The UK's hugely important services sector remained key to the private equity market in the £5-150m segment. The 45 deals recorded in 2011 makes it easily the most important in volume terms, while its lower average deal size leaves it number two behind...
Apposite reaps 45% IRR on SureCalm exit
Specialist healthcare investor Apposite Capital has sold homecare services provider SureCalm Healthcare to medical technologies developer Amcare Ltd, reaping a 45% IRR.
Creative industries perceived as risky business
Unquote” data reveals that the volume of investments in the creative industries has fallen while their value has risen. Investor risk aversion amidst economic volatility could be behind the fall in volume in a sector commonly perceived as risky business,...
Francesco Granata joins Warburg Pincus
Warburg Pincus has appointed Francesco Granata as an executive-in-residence focusing on the healthcare sector.
Blackstone refinances Center Parcs
Blackstone has refinanced holiday provider Center Parcs, injecting a further £100m of equity
CVC and ValueAct approach Misys
CVC Capital Partners and ValueAct Capital Master Fund, the largest shareholder in Misys, are said to be considering a joint cash offer for listed software business Misys.
YFM and EV reinvest in Peckforton Pharmaceuticals
YFM Equity Partners and Enterprise Ventures have joined the management in investing over £1m in portfolio company Peckforton Pharmaceuticals.
CGS III holds first closing on CHF 55m
CGS Management giesinger gloor lanz & co. has held the first closing of its third fund CGS III with total commitments of CHF 55m.
FF&P sells tea business to Dutch trade player
FF&P's portfolio company Clipper Teas has been acquired by Dutch organic food company Royal Wessanen.
Swiss tax treaties could open doors for further crackdowns
Sweden is the latest European country to sign a Rubik tax treaty with Switzerland. Sonnie Ehrendal reports