Sector
UK - LGV sells Classic Hospitals Group to Cinven-backed Spire for £145m
LGV Capital has agreed to sell Classic Hospitals Group, the UKтs sixth largest private acute hospital operator, to Spire Healthcare (formerly BUPA Hospitals), which is controlled by funds managed by Cinven, for ТЃ145m. Classic Hospitals owns and operates...
UK - BOSIF acquires Verna Group from LGV
Bank of Scotland Integrated Finance (BOSIF) has backed the secondary management buyout of healthcare manufacturing business Verna Group Holdings Ltd from LGV. The value of the deal is undisclosed. BOSIF takes a minority stake in the newco. Bolton-based...
DENMARK - Polaris acquires Tøjeksperten for DKK 900m
Polaris Private Equity has acquired Tøjeksperten, a Danish mens clothing retailer for DKK 900m.
Q&A - 2008 faces slowdown, not a crash
DLA Piper's Erwin Simons speaks to Domitille Lainey about the state of the Benelux private equity market at the beginning of 2008
European LPs: optimism, naivety or realism?
Despite the recent credit crisis, there appears to be relative optimism among European LPs compared with their North American and Asian counterparts. Would the immaturity and naivety of the European private equity industry be the cause of this so called...
Great exit-pectations
The market has aligned opinions of LPs and GPs: both have dampened exit expectations for 2008
UK - SEP et al. provide VirtenSys with $12m series-B funding
Scottish Equity Partners (SEP) and other existing investors Celtic House Venture Partners and GIMV have participated in a $12m series-B funding round for VirtenSys Ltd. The same syndicate of investors first provided the company with a series-A $12m investment...
CEE - ING appoints new director to CEE team
ING Leveraged Finance and Sponsor Coverage Business has hired David Ryba as a director of its CEE team. This addition takes ING's CEE team to five professionals.
CEE - GED acquires Plus GSM
Through its GED Eastern fund II for Eastern Europe, GED has acquired Plus GSM, a specialist in mobile telephone services.