Advent International
Warburg to reap 4.5x in Poundland IPO
Warburg Pincus is set to reap a 4.5x money multiple and an IRR of more than 50% in the flotation of portfolio company Poundland, which has been valued at £750m after setting its price range for its admission to the London Stock Exchange.
Upcoming IPO to value Warburg-backed Poundland at £750m
UK discount retailer Poundland, backed by Warburg Pincus, has announced its intention to list on the London Stock Exchange.
CEE: Activity picks up despite ongoing fundraising woes
An uptick in dealflow in the second half of last year has left local players hopeful for a more sustained recovery. Greg Gille reports
German PE tempted by allure of Luxembourg LPs
With a government promising to keep industry regulation fine-tuned to the benefit of its denizens, Luxembourg has become a hotspot for GPs in post-AIFMD Europe. Ellie Pullen reports
UK retail: who will be celebrating this Christmas?
As private equity continues to dominate the UK consumer sector, who is set to see soaring sales during the festive flurry? Alice Murray reports
Deal in focus: Advent offers €1bn to take Unit4 private
Advent International has put in a €1.17bn offer to take Dutch software company Unit4 private, becoming the latest example of private equity players recently discovering a taste for listed Benelux businesses.
Deal in focus: Risk Capital buys Neilson from Thomas Cook
Risk Capital Partners' acquisition of Neilson Active Holidays from embattled holiday-operator Thomas Cook is a rare example of private equity being invited in.
Corporate carve-outs boost Benelux deal values
Corporate carve-outs
French mid-cap dealflow stages comeback
French mid-market
Advent offers €1bn to take Unit4 private
Advent International has put in a €1.17bn offer to take Dutch software company Unit4 private in a deal that would value the whole business at €1.28bn.
Advent secures Nocibé deal
Advent International and the Kreke family, which together own German retail group Douglas Holding, have entered exclusive talks to buy French perfume chain Nocibé from Charterhouse.
Advent's Douglas close to Nocibé deal
German retailer Douglas Holding, a portfolio company of Advent International, is reportedly close to acquiring French perfume brand Nocibé from Charterhouse.
Bain, BC Partners et al. mull bid for Stokke
Bain Capital, BC Partners, Lion Capital and others are understood to be bidding for Stokke, a Norwegian manufacturer of children's furniture and accessories.
Advent exits Oxea in trade sale
Advent International has divested German chemical manufacturer Oxea in a trade sale, said to be worth around €1.8bn, to Oman Oil Company (OOC).
Warburg-backed Poundland considers IPO
Following a 15.6% underlying earnings boost, Warburg Pincus-backed Poundland is reported to be mulling an IPO.
Advent mulls DFS listing
Advent International is in the early stages of considering a listing of home furniture retail chain DFS.
Private equity vies for Mergermarket
HgCapital, Exponent and Advent International have all been linked to the sale of Mergermarket by parent group Pearson.
Fundraising: Winners and losers
Is the fundraising market as brutal as previously thought or does success solely depend on the type of fund being raised? Kimberly Romaine investigates
Advent appoints Hanspeter Spek as operating partner
Advent International has appointed ex-Sanofi president Hanspeter Spek to its operating partner programme.
Advent mulls Co-op insurance bid
Advent International has teamed up with former RSA Insurance boss Andy Haste to bid for Co-operative Group’s insurance arm.
OFT furniture probe embroils PE-backed retailers
The Office of Fair Trading (OFT) is investigating six furniture retailers, two of which are understood to be Sun European-backed Dreams, and Advent-owned DFS.
Sector focus: Playing it safe in the insurance market
Sector focus: Insurance
CVC acquires Domestic & General from Advent
CVC has agreed to buy insurance business Domestic & General (D&G) from Advent International, alongside management.