Axa Private Equity
Alliance Boots partial exit raises £4.3bn cash and shares
KKR and AXA Private Equity have made a partial exit from Alliance Boots following a cash and shares offer from US pharmaceutical retailer Walgreens.
AXA Private Equity raises $8bn for funds-of-funds
Axa Private Equity has secured $7.1bn for its secondaries fund-of-funds and $900m for its primary investment fund-of-funds.
VC-backed Meninvest raises €5.6m
Orkos Capital, 123Venture and Partech International have provided French e-commerce group Meninvest with a €5.6m funding round.
AXA PE invests €330m in Enovos
AXA Private Equity has acquired a 23.48% stake in Luxembourg-based utility company Enovos from ArcelorMittal for €330m.
AXA Private Equity COO leaves for ADIA
AXA Private Equity chief operating officer Christophe Florin has left the firm for sovereign wealth fund Abu Dhabi Investment Authority (ADIA).
PE-owned SPIE in €375m high-yield refinancing
French engineering group SPIE, acquired by a consortium of private equity houses last year, has priced a €375m high-yield bond to refinance the debt structure put in place at the time of the buyout, according to reports.
Market consolidation forcing FOFs to evolve
Funds-of-funds are an endangered species, with many shedding the title. Kimberly Romaine finds that today it’s all about diversification and tailoring your offering to prospective clients.
Debt providers: “One-stop shops” gaining ground
Faced with a tough bank lending environment, PE houses are increasingly turning to “one-stop shops” to leverage their deals. Indeed, alternative debt providers are looking forward to a busy 2012, as Greg Gille finds out.
AXA PE buys Ouvêo group
AXA Private Equity has acquired French window manufacturer Ouvêo from Alliance Entreprendre and FSI Régions (formerly Avenir Entreprises), in a transaction valued at less than €50m.
PE-backed Savena and Sfinc to merge
Food ingredients manufacturers Savena (owned by IK Investment Partners) and Sfinc (owned by AXA Private Equity) have announced their merger.
AXA PE exits KTP in management buy-back
AXA Private Equity has sold its majority stake in German transport packaging business KTP Kunststoff Palettentechnik to the company's management.
PE-backed Tomkins to sell tyre business
Axa and Onex-backed Tomkins is thought to be arranging the sale of its tyre technology division.
AXA PE's Novacap buys part of Rhodia
French chemicals group Novacap, a portfolio company of AXA Private Equity, has carved out Rhodia’s salicylic and acetaminophen businesses.
AXA confirms PE unit sale, bidders line up
Insurance group AXA has confirmed that it is currently reviewing options for the sale of its private equity unit, AXA Private Equity (AXA PE).
AXA PE invests in KRDS
AXA Private Equity has taken a 20% stake in French online marketing agency KRDS.
AXA PE reacquires Photonis from Astorg
AXA Private Equity has reacquired French electronics company Photonis, three years after selling it to Astorg Partners.
Secondaries activity to carry on in Q4
Driven by banks and the resurgence of other LPs coming to the market, secondaries activity is likely to remain steady in the coming months. The recent market turmoil is however starting to impact pricing. Greg Gille reports
AXA Private Equity and LGT in €620m secondaries deal
AXA Private Equity and LGT Capital Partners have bought a €620m portfolio of LP interests in European buyout funds from HSH Nordbank AG.
Bain seeking final bids for FCI
Bain Capital is today expecting final bids for portfolio company FCI, which could fetch up to $1bn.
AXA PE buys $740m portfolio from Barclays
AXA Private Equity has acquired a $740m portfolio of 22 limited partnership interests in private equity buyout funds and a number of stakes in co-investment vehicles from Barclays.
AXA pays $1.7bn for Citi’s 207 LP stakes
Large transactions continue to drive the market, fueling suspicion that this year’s total will surpass last year’s record $20bn. Kimberly Romaine reports
PAI sells SPIE in €2.1bn SBO
A private equity consortium led by Clayton Dubilier & Rice (CD&R) has acquired French engineering group SPIE from PAI partners for a total consideration of €2.1bn.
PE firms team up for Spie auction
Axa Private Equity and Clayton Dubilier & Rice will make a joint bid for PAI's engineering company Spie, according to media reports.
AXA invests in Ticket Surf International
AXA Private Equity has acquired a 25% stake in French provider of e-money services Ticket Surf International (TSI) as part of an owner buyout.