3i
Permira picks up 3i’s Bestinvest
Listed-firm 3i has sold UK wealth manager Bestinvest to Permira.
3i acquires Allianz's Scandlines stake
3i Group has agreed to acquire co-investor Allianz Capital Partners’ stake in ferry operator Scandlines.
3i-backed Everis sold to NTT Data
Japanese IT services company NTT Data has wholly acquired Spanish business consultancy firm Everis, giving an exit to 3i, Hutton Collins, Grupo Landon and Ariadne.
Piper hires 3i’s Stern
Dan Stern, Piper
3i's Go Outdoors in £33m refinancing
Go Outdoors, a UK-based outdoor activities equipment retailer backed by 3i and YFM Private Equity, has secured a new £33m debt facility from Barclays.
Ardian’s Trescal bolts on SE Laboratories
Trescal, a portfolio company of Ardian (formerly Axa Private Equity), has acquired SE Laboratories, a Silicon Valley-based provider of calibration services.
3i closes €310m CLO
3i Debt Management has closed its first European collateralised loan obligation (CLO) vehicle, Harvest VII, on €310m.
3i to take over Scandlines from Allianz
3i has entered exclusive talks to take over ferry operator Scandlines from fellow co-owner Allianz Capital Partners (ACP).
Trophy investments: Land and sea
Trophy investments
3i invests €77m in GIF
3i has invested €77m in the management buyout of Gesellschaft für Industrieforschung (GIF), a transmission testing specialist, alongside the firm’s CEO.
Inflexion appoints Whileman as partner
Inflexion Private Equity has appointed David Whileman, the former head of UK private equity at 3i, as partner.
3i-backed Action in €275m refinancing
3i stands to reap a £58m dividend from the €275m refinancing of Dutch portfolio company Action.
3i’s Hague joins LDC
Gordon Hague, LDC
3i continues exit run
Listed private equity group 3i has reported £195m's worth of exits over the last quarter through the sale of Civica and the US listing of Quintiles – but made no new investments.
3i bonuses to spark shareholder revolt
Ahead of 3i’s annual meeting on Thursday, shareholder lobby group PIRC is urging stakeholders to vote against the listed firm’s executive bonuses.
Casual dining; the proof is in the branding
Casual dining
UK tech investments: opportunities and pitfalls
The UK's tech space might be once again a target of choice for private equity, but speakers at a Taylor Wessing seminar recently warned investors to tread carefully to make the best of the good times ahead. Greg Gille reports
Regional UK players closing the gap on London market
Life outside London
3i loses private equity heads
3i partner and managing director David Whileman has resigned from the listed firm, while Nordic managing director Tomas Ekman is also stepping down.
Axa PE buys Trescal in €250m SBO
3i stands to double its money in a little less than three years after agreeing to sell French measurement services specialist Trescal to Axa Private Equity for around €250m.
Rothschild in the running for Byron
Lord Jacob Rothshild's RIT Capital Partners has joined the bidding war for high-end burger chain Byron.
3i to buy Barclays’ infrastructure fund management business
3i has made a binding offer to buy Barclays’ European infrastructure fund management business.
3i reaps 2.3x on Xellia exit
3i has agreed to sell Xellia Pharmaceuticals AS, a Norwegian speciality pharmaceutical group, to Novo AS for £460m.
3i reports 11.5% NAV increase
3i has seen its NAV per share rise 11.5% over the past 12 months, and says it is making significant progress to turn around the business.