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Alchemy Partners LLP

People moves and promotions
GVC CFO Bowtell to join Alchemy Partners

Paul Bowtell will step down on 5 March 2019 and will be replaced by Ladbrokes Coral's Rob Wood

  • People
  • 19 October 2018
Portable temporary toilet facilities
LBO France sells Ylda Group to Alchemy

Company plans to use the fresh capital to boost its growth organically and through acquisitions

  • Buyouts
  • 08 August 2018
Several promotions and appointments
USS promotes Horsnall to head of direct private equity

Move forms part of the limited partner's strategy to increase its focus on direct investments

  • LPs
  • 16 October 2017
Coloured ceramic tiles
Alchemy exits Endeka via trade sale

UK-based special situations investor sells the ceramic business three years after a debt-for-equity swap

  • Exits
  • 02 October 2017
Debt advisers holding all the cards in sell-side processes
Blackstone to acquire JOA from Alchemy

Alchemy had taken a majority stake in JOA in 2014 through a quarternary buyout

  • Exits
  • 10 August 2017
Commercial-scale window cleaners
Alchemy sells Noonan to Bidvest in €175m EV deal

Deal brings to an end a nine-year tenure, during which the company more than doubled its headcount

  • Exits
  • 01 August 2017
Magazine publishers and B2B information services
Incisive Media to divest Insight division to TowerBrook's Infopro

PE houses Inflexion, Bowmark and ECI were also rumoured to have been in the running

  • Media
  • 27 March 2017
Holidays in Cornwall and other UK coastline destinations
Epiris and Alchemy sell Parkdean to Onex in £1.35bn deal

Sale of the UK holiday park operator to the Candian GP represents an IRR of 46% for Epiris

  • Exits
  • 19 December 2016
Oil rig workers
Alchemy invests in M2 Subsea

Deal for oil & gas services company reported to be valued in the region of £15-20m

  • Buyouts
  • 01 November 2016
Alchemy's Incisive Media sells Legal Week to ALM

Legal information and events brand adds to the number of Incisive businesses carved out last year

  • Exits
  • 13 January 2016
BC-backed Mergermarket acquires Incisive Media's PE portfolio

Deal marks partial exit for Alchemy

  • Exits
  • 22 September 2015
Alchemy-backed Incisive Media acquires Chartis Research

Deal marks first bolt-on for UK publisher under new owners

  • Portfolio management
  • 08 June 2015
Some private equity houses - on occasion - simply buy companies under their noses
Deal sourcing: Right under your nose

It would seem some unoriginal moves have been made in deal origination

  • Investments
  • 29 May 2015
Alchemy reaps £86m from Revolution IPO

GP sells 86% stake in UK bar chain via flotation

  • Exits
  • 16 March 2015
High yield bonds unlikely to replace CLOs for LBO financing
New year kicks off with healthy volume of European PE-backed IPOs

2015 activity has been strong so far following a lull in the second half of last year

  • Exits
  • 20 February 2015
Alchemy-backed Revolution Bars to list in March

GP set to make partial exit in IPO

  • Exits
  • 18 February 2015
Tim Weller of Incisive Media
Alchemy secures majority stake in Incisive Media

Debt reduced from £110m to £25m

  • Restructuring
  • 08 January 2015
Alchemy takes control of Endeka

Endeka now has no outstanding debt outside revolver

  • Restructuring
  • 15 October 2014
Alchemy’s Parkdean completes £180m refinancing

Alchemy bought holiday operator in 2006

  • UK / Ireland
  • 30 April 2014
Alchemy closes third fund on £600m

Fund was oversubscribed and reached hard-cap

  • Credit/Special Situations
  • 01 April 2014
Alchemy offloads InterGlobal

Alchemy Partners has divested international medical insurance provider InterGlobal to NYSE-listed Aetna.

  • Exits
  • 27 November 2013
Volume of European private equity exits
Exit activity remains low despite headline deals

Although divestments have featured prominently in the news recently, figures seem to tell a different story. Alice Murray takes a look at this year's exit landscape

  • Exits
  • 30 August 2013
PE-backed McCarthy & Stone in refinancing

Retirement home developer McCarthy & Stone – which is backed by a consortium of investors believed to include Goldman Sachs, TPG and Alchemy Partners – has refinanced its existing debt.

  • UK / Ireland
  • 21 August 2013
Alchemy offloads Cathedral for £266m

Private equity firm Alchemy Partners has divested Lloyd's of London underwriter Cathedral Capital to Lancashire Holdings for £266m.

  • Exits
  • 09 August 2013
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