UK / Ireland
Bridgepoint interested in Histoire d'Or
Bridgepoint is said to be in exclusive talks to acquire French jewellery retailer Histoire d'Or from Silverfleet Capital, according to reports.
Nokia Siemens looking for private equity support
Nokia Siemens is looking for a potential $1bn capital injection in exchange for a minority stake in the company, according to reports.
Lion Capital looking to sell Wagamama
Lion Capital is looking to divest its 88% stake in restaurants chain Wagamama, according to reports.
Emerging markets: Tapping into lucrative revenue streams
Emerging markets are increasingly becoming a source of high returns for private equity investors. With some not able to invest in companies domiciled in these regions because of their fund structure, some are looking to back companies in the developed...
Privet Capital acquires Thermal Engineering
Privet Capital has wholly acquired specialist UK components manufacturer Thermal Engineering for an undisclosed sum.
Eversheds appoints new head of private equity
Law firm Eversheds has appointed Richard Moulton as head of its private equity practice.
Northstar Ventures invests in Ipso Facto Films
Northstar Ventures has invested £150,000 in film producer Ipso Facto Films.
Triton acquires Tyco Waterworks from Tyco
Triton has agreed to buy water equipment business Tyco Waterworks from the Tyco group for $245m.
Private equity munches on food sector
A recent string of deals and announcements show the food industry to be firmly back on the private equity investment agenda. Furthermore, the high valuations witnessed are in stark contrast with a recovering but still relatively modest buyout market....
Scottish Equity Partners hires Malcolm Thoms
Scottish Equity Partners has appointed Malcolm Thoms to its advisory board where he will bring knowledge from the energy sector.
AAC reaps 3.8x return on TGI Friday's UK exit
AAC Capital Partners has sold is 60% stake in restaurant chain TGI Friday's UK to Carlson, at an enterprise value of £60m.
Trilantic exit MW Brands in trade sale worth £566m
Trilantic Capital Partners has agreed to sell MW Brands to Thai Union Frozen Products in a deal worth £566m.
Report sparks debate over ‘disappointing’ returns
The debate over the ability of private equity funds to outperform public markets has been reignited, following claims by the Centre for the Study of Financial Innovation (CSFI) think tank. The CSFI says leverage buyouts produce ‘disappointing’ returns,...
Permira acquires eDreams from TA Associates
Permira has acquired a majority stake in the Spanish online travel agent eDreams in a deal valued between €250-300m.
unquote” 26 July 2010
The value of European buyouts has quadrupled in the first half of 2010, according to the latest unquote” Private Equity Barometer.
Bank stress tests: Private equity puts faith in finance
Despite much hype, the European Union’s bank stress tests, published at the end of last week, were something of a non-event. With just a handful of banks failing the test, Europe’s banking institutions can perhaps be more confident in their business...
Valence Group appoints new vice president
M&A advisory firm The Valence Group has appointed Rodney Snyder as vice president.
YFM Private Equity et al. invest £1.1m in B2 Group
YFM Private Equity has invested £1.1m in marketing agency B2 Group, along with management and private investors.
Firms will not pay too much despite pressure on funds
Half of private equity professionals say they are under pressure to deploy funds, but say they will not acquire assets at multiples higher than the industry average, according to Grant Thornton.
FSI et al. invest €40m in Cerenis Therapeutics
The Fund for Strategic Investment (FSI) and existing investors have provided French biopharma Cerenis Therapeutics with a €40m series-C round of funding.
Riverside acquires Celvitae to boost Crioestaminal
The Riverside Company has acquired Spanish private cord blood bank Celvitae Biomédica S.A. which will join its portfolio company Crioestaminal.
FourWinds Capital Management provide £14m for Monsal
FourWinds Capital Management has provided £14m of expansion capital for digestion technology business Monsal.
Demeter et al. inject €4.5m in Semco Engineering
Demeter Partners and Soridec have invested €4.5m in French alternative energy specialist Semco Engineering.
European buyout value quadruples in 2010
The value of European buyouts has quadrupled in the first half of 2010, according to the latest unquote” Private Equity Barometer.