Blackstone to hand Jack Wolfskin to lenders in debt-for-equity swap
Private equity house Blackstone has agreed to hand control of German outdoor clothing brand Jack Wolfskin to senior debt holders, according to a source close to the situation.
More on Restructuring
Oxy Capital backs GPack
Deal includes the restructuring of around €60m in debt and the injection of fresh funds, as well as managerial support
PFR cuts its stake in Enel Russia
Changes are related to the planned change in the ownership structure within Enel Russia's consortium of investors
Ace Management et al. invest €50m in Mecachrome
Company has benefited from a state-guaranteed loan from its banks with a financing of €60m
York Capital, Elements Capital buy Pillarstone-backed Famar
In addition to Famar Italia, the Italian subsidiary of Famar, the deal also includes Famar Properties
Latest News
ICG, Merieux Equity to exit DOC Generici to TPG
Secondary buyout sees San-Francisco-based GP pre-empt auction for Italian generic drugmaker
Inflexion promotes two new partners
GP makes series of promotions and appointments following GBP 2.5bn fundraising earlier this year
Endless holds GBP 100m final close for third SME Fund
Enact III is more than three times the size of its predecessor fund, which closed on GBP 30m in 2019
Earlybird names three new Digital West partners
Andre Retterath and Paul Klemm are existing team members, while Vincenzo Narciso joins from Px3 Partners