Sector

UK - Sir Peter Vardy sets up new venture capital fund

The motor retailer, Sir Peter Vardy, has set up his own venture capital fund which will start operating this week with a £50m fund. Vardy Venture Capital will make investements of between £500,000 and £2m focusing primarily on his native north-east...

UK - Acquisition of Contour Showers Ltd by MST Capital

Contour Showers Ltd, the UK brand of specialist shower equipment for the elderly and special-needs markets, has been purchased by MST Capital, in conjunction with a new management team of managing director Tim Robinson and finance director David Whitehead.

TURKEY - AIG Capital Partners invests in Turkish retailer

AIG Capital Partners, a member company of AIG Global Investment Group, announced today it has indirectly acquired a substantial position in For You Bakým Ürünleri Maðazalar L.Þ. The investment, which also included participation by Eastern Retail...

UK - MFI Furniture Group Plc up for sale?

The troubled MFI retail outlets, which number 200 across the UK, may be sold by MFI Furniture Group which reported today that it had received expressions of interest for all or part of the business.

NL- NPM-Capital sells stake in Keesing Group

NPM Capital and management have reportedly agreed to sell all shares in Keesing Group, a Dutch publishing house, to Telegraaf Media Groep for EUR 81.3m. The debt component is understood to be around 40%.

NL- LPs to congregate in Amsterdam

Following the huge success and positive feedback we received from attendees of the Limited Partners Private Equity Congresses held in London and Stockholm earlier this year, Benelux unquote’’ is delighted to announce the launch of the Benelux Limited...

DENMARK - CVC to bid for Matas

CVC Capital Partners has issued a DKK 5.1bn bid for Matas, according to press reports. Matas has 291 stores in Denmark and more than 2,000 employees. The company sells medicines and healthcare products.

UK - Partial exit for Candover from Acertec

Acertec starts trading on AIM today allowing Candover to realise part of its investment in the company. Candover participated in the 1999 take-private of the Solihull-based engineering company, investing £60m for a 95% stake. Following the listing it...

UK - Matrix backs MBO of Blaze Neon Ltd

Matrix Private Equity Partners has financed a £5m secondary management buyout of Blaze Neon Limited (Blaze) alongside management and senior debt from Lloyds TSB. Blaze is a leading player in the design, manufacture and installation of shop front and...

UK - Bank of Scotland Corporate backs MBO of T.M.Lewin

T.M.Lewin & Sons Ltd, the leading retailer of formal shirts has been acquired by its management team from a group of private vendors. With a deal size of £50m, Bank of Scotland Corporate provided an integrated finance funding package and will invest...

UK - Matrix midlands motoring challenge

Yesterday Matrix Private Equity entertained a group of Midlands corporate financiers (and Kimberly Romaine of Incisive Media, publishers of unquote” and Private Equity Europe) at Prestwold Hall in Loughborough, where guests were treated to a day of...