Financials
GTCR acquires Premium Credit
Chicago-based GTCR has acquired UK payment facilitation company Premium Credit from MBNA Europe for £900m.
Horizon invests $40m in bank TCS
Horizon Capital has invested $40m in Russian online bank Tinkoff Credit Systems Bank (TCS).
Rutland backs Buy As You View MBO with £33.1m
Rutland Partners has invested £33.1m in British retail and consumer finance business Buy As You View (BAYV), supporting its MBO from a bank syndicate.
Industrials and consumer see most volume in 2012 to date
The industrial and consumer sectors outperformed other major industries in terms of deal volume between January and September 2012.
Tikehau acquires 51% of Salvepar
Tikehau Participations et Investissements has acquired 51.42% of the capital and voting rights of French investment company Salvepar from Société Générale.
Canaan Partners leads $26m round for borro
Canaan Partners has led a $26m funding round for UK-based personal asset lender borro.
Blackstone and Anacap set up joint venture for financial assets
The Blackstone Group and Anacap Financial Partners have set up a joint venture to buy European financial assets.
Apax France buys Texa
Apax France has bought Texa, a French insurance services business, alongside the company's founder and management in a quaternary buyout from Pragma Capital.
JC Flowers injects £65m into mortgage business Castle Trust
US private equity investor JC Flowers has committed £65m in equity to the launch of Castle Trust, a provider of retail mortgages.
Palamon-backed Towry secures £47.3m refinancing package
Towry Group, backed by Palamon Capital Partners, has secured a £47.3m refinancing package.
Cabiedes leads €1m round for Kantox
Spanish venture capital firm Cabiedes & Partners has led a €1m funding round for currency exchange firm Kantox.
Penta becomes sole owner of Dôvera despite nationalisation talks
Central European investor Penta has acquired the remaining 50% of portfolio company Dôvera from Prefto Holding Ltd to become the sole owner of the Slovak health insurance firm.
Rutland reaps 1.3x on sale of NoteMachine
Rutland Partners has sold UK-based ATM business NoteMachine to Corsair Capital.
Rutland reaps 1.3x on sale of NoteMachine
Rutland Partners has sold UK-based ATM business NoteMachine to Corsair Capital.
Financials regain traction in summer
After a strong start in January, investments in financials slumped in both volume and value, following a bumpy path before gaining some more traction again in July.
Exponent backs MBO of Fintrax Group
Exponent Private Equity has acquired a majority stake in Irish payment processing company Fintrax Group in a deal valued at €170m.
PPF Group exits Nomos-Bank
Czech private equity firm PPF Group has sold its 26.53% stake in Russian private banking group Nomos-Bank in a trade sale to Otkritie Financial Corporation and businessmen Alexander Mamut and Oleg Malis.
Hony and GCS named preferred bidders for Dexia unit
Chinese private equity houses Hony Capital and GCS Capital have teamed up to buy the asset management arm of Dexia in a deal worth €500m, according to reports.
Nordic Capital buys four consumer financing firms
Nordic Capital has acquired Swedish consumer financing, insurance and business support services providers Resurs Bank, Solid Försäkringar, Reda Inkasso and Teleresurs.
YFM backs Finance Online with £1m
YFM Equity Partners has injected £1m of mezzanine financing into UK Finance Online Ltd, a Bolton-based company that handles PPI claims.
BlackFin Capital Partners acquires MisterAssur
BlackFin Capital Partners has wholly acquired French insurance aggregator MisterAssur.
Pamplona increases stake in UniCredit Group to 5%
Pamplona Capital Management has increased its stake in banking group UniCredit by 3.02%, making it the second largest shareholder with a total of 5.01% of the group.
Cinven's Guardian acquires annuity book
Cinven-owned Guardian Financial Services has acquired a substantial book of business from Phoenix Group.
Pentech backs Nutmeg with £3.4m
Pentech Ventures has joined a £3.4m funding round for online investment manager Nutmeg.