Financials
WorldPay: Bidders line up for quality asset
While European buyout activity has been on the up in early 2010, it has been largely restricted to mid-market deals: larger buyouts have hardly been seen since the financial crisis erupted, which makes the bidding war for RBS Global Merchant Services...
Innova et al. purchase 100% of Polish Expander
Innova Capital has led a number of private equity investors in the acquisition of 40% of Polish independent financial adviser, Expander. Innova already owned 60% of the firm, meaning the firm is now wholly owned by private equity investors. No financial...
Permira teams up with AMEX for RBS WorldPay bid
Permira and American Express are thought to have partnered to make a bid for Royal Bank of Scotlandтs payment processing business.
Barclays puts stop to venture arm
Barclays has stopped any new investments under its private equity division, Barclays Ventures.
Haller appointed partner of CGS Management
Christoph Haller is set to join CGS Management as partner at the Swiss private equity firm in November 2010.
Canadian pension fund Omers close to buying ISS
Omers is on the verge of buying Inchcape Shipping Services, a European port and shipping services company. If successful, the buyout would be Omers' first European investment deal.
Bridgepoint completes HobbyCraft acquisition
Bridgepoint Capital has acquired HobbyCraft, one of the UK's top retailers for art and craft.
Nicolas Homassel named Natixis private equity CEO
Natixis has named a Nicolas Homassel as its new CEO of private equity.
David Yates join's Advent's Operating Partner Programme
Advent International has appointed David Yates, former First Data International president, to an advisory position for the companyтs Operating Partner Programme.
Lloyds looks to sell stakes to Coller led consortium
Lloyds Bank may be on the verge of selling its portfolio of equity investments, which includes a 29% stake in Vue Entertainment, to a private equity group headed by Coller Capital.
Philip Yea to hit stock market with oil and gas fund
Philip Yea, the former 3i chief executive, is assembling a team to launch a fund dedicated to buying assets in the oil and gas market.
Blackstone and Wellcome Trust drop bid for RBS assets
Blackstone and UK medical research charity Wellcome Trust have dropped a bid for 318 branches of the Royal Bank of Scotland up for sale.
Palamon reap 3.7x money on Nordax SBO to Vision Capital
Palamon Capital Partners has sold Nordax Finans AB to European investment firm Vision Capital in a deal valuing the business at тЌ105m.
Reiten & Co divests Factor to Pareto
Norwegian buyout house Reiten & Co has exited Factor Insurance Group through a trade sale to financial services company Pareto.
Cerberus' Bawag sells Bawag PSK Versicherung
Cerberus Capital Management-backed Bawag has sold 25% of its insurance broker Bawag PSK Versicherung to sector player Generali.
Carlyle raises $1.1bn financial services fund
The Carlyle Group has raised $1.1bn for its first financial services fund, Carlyle Global Financial Services Partners (CGFSP).
AXA PE to bid for KBC's private equity division
According to reports, AXA Private Equity, alongside Belgian investment group Sofina, is in the bidding process for the acquisition of KBC Private Equity.
Lone Star looks for IKB buyer
Reports suggest that US investor Lone Star is seeking a buyer for struggling German bank IKB Industriebank AG.
Apax Foundation takes stake in Finance in Motion
Die Apax Foundation, the foundation of Apax Partners, has taken a 20% stake in asset manager Finance in Motion, based in Frankfurt/Main .
Siparex to acquire part of UFG PE
Siparex, parent company of Sigefi Private Equity, is in exclusive negotiations with UFG-LFP to acquire part of its UFG Private Equity division.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.
Miura acquires 80% stake in Gescobro
Miura Private Equity has acquired an 80% stake of the leading credit management services company Gescobro.
360 Capital Partners invests in Leetchi
Franco-Italian investor 360 Capital Partners has invested under €1m in Leetchi.com, an online payment company, alongside Kima Ventures.
Mercapital takes stake in Mercurio Credit Partners
Spanish mid-market investor Mercapital has acquired a stake in distressed debt specialist Mercurio Credit Partners.