Advent International
HgCapital acquires TeamSystem for €565m
HgCapital has bought Italian software company TeamSystem from Bain Capital, at an enterprise value of тЌ565m.
Advent opens office in Turkey
Advent International has opened an office in Turkey, in a bid to strengthen its foothold in the region.
WorldPay: Bidders line up for quality asset
While European buyout activity has been on the up in early 2010, it has been largely restricted to mid-market deals: larger buyouts have hardly been seen since the financial crisis erupted, which makes the bidding war for RBS Global Merchant Services...
Michael Ogrinz joins Advent International's Paris office
Advent International strengthens its French team with the recruitment of Michael Ogrinz as investment director.
Take-privates: Private equity firms scan the market
Despite a broad recovery in world stock markets, listing portfolio companies has been somewhat hit and miss in early 2010. While few companies have made the leap to public ownership, there have been a string of take-private deals in recent months, suggesting...
Close Brothers Corporate Finance renamed
Close Brothers Corporate Finance (CBCF) has been renamed DC Advisory Partners, following its acquisition by a Japanese investment bank.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Poundland: Advent sees the pounds roll in
This morning, Advent International successfully sold discount retailer Poundland, as part of a secondary buyout by Warburg Pincus.
David Yates join's Advent's Operating Partner Programme
Advent International has appointed David Yates, former First Data International president, to an advisory position for the companyтs Operating Partner Programme.
Advent appoints consumer goods operational partner
Advent International has named John Sheppard as the newest partner to join the firmтs Operating Partner Program. He will advise on global investment opportunities in the consumer sector, with a particular focus on branded and private label consumer goods...
Advent appoints new operating partner
Advent International has appointed Will Kussell as operating partner.
Advent appoints operating partner for health sector
Advent International has appointed Christian Grenier as operating partner. He will provide advice on investment opportunities in the healthcare and specialty chemical sectors.
Advent names new head of LP services
Advent International has appointed Robert D Brown as managing director and global head of limited partner services.
Industry sets sights on P2Ps
The public-to-private market in the UK and Ireland is bustling with activity this year with four transactions having been announced in the last two months. Deborah Sterescu investigates.
Advent International opens office in NY; Franks relocates
Advent International has announced that it will be opening an office in New York this month and as a result, managing director Tim Franks will relocate from London to lead the new office.
Aggressive banks push Kabel Deutschland debt to 70%
According to sources close to the deal speaking to unquote", the banks involved in the pending Kabel Deutschland deal have aggressively pushed the equity to just 30% of the deal valued at as much as EUR 5bn. Equity ratios of just 30% are almost unheard...
Water investing: money on tap?
Water is back on tap as two companies in the area have generated interest from private equity this week, reports Deborah Sterescu.
Advent latest to hunt on Warsaw Exchange
Advent's EUR 100m buyout of WsiP marks the second take-private in two months from one of Europe's busiest stock markets. But why are investors choosing Warsaw? Kimberly Romaine reports
Blackstone, TPG, KKR show interest in RBS' WorldPay
Private equity heavyweights including Blackstone, TPG, KKR and Permira are reportedly among those interested in purchasing RBS' $3bn global-card processing unit.
Survitec deal bodes strong year for buyouts
This week's foursome of sizable buyouts have put Europe on course to reach EUR 40bn for 2010, 50% larger than 2009's dire figure, writes Kimberly Romaine.
SBOs: To Xafinity and beyond
Duke Streetтs sale of employee benefits company Xafinity to Advent International marks the second major secondary buyout in as many days. With the buyout market currently a dichotomy between cash-rich and exit-starved managers, SBOs could be set to rocket....