GP's bid prevailed over five other private equity funds
Charterhouse Capital Partners has made 3x money on the exit of French call centre operator Webhelp to KKR and the company's directors.
Third partner to join the GP’s ranks since July
Inviting employees into ownership structures could improve returns
Deal is fourth PE-backed buyout seen by OGF since 2004
Deal marks GP's return to activity after the summer hiatus
Deal volume might well be back but the future of French private equity remains uncertain
Lorenzo Zamboni and Stéphane Epin have been promoted to partner ar Astorg
Rubber belt manufacturer looks to expand international footprint
Tertiary buyout understood to value business at €1.5bn
SBO is understood to be valued at €200-250m
Deal expected to complete by end of 2015
Astorg promotes Benoit Ficheur to director, among other changes
Providence will retain a minority stake
Staci's turnover almost doubles under Astorg's ownership
Deal in focus: Megadyne
Fondo Italiano injected €20m into the firm in 2012
Morelli: Don't let guard down
Deal believed to be worth €1-1.2bn
Fourth expansion deal for Trescal since Ardian acquisition
Early signs however hint at primary revival in 2014
The background work has finally paid off for Astorg Partners: after looking at a raft of deals in the past 12 months to no avail, the French GP has entered exclusive negotiations to acquire chemicals company Kerneos for €600m.
French GP Astorg Partners has entered exclusive negotiations to acquire chemicals company Kerneos from Wendel-owned Materis for €600m.