BC Partners
Cinven and BC exit final Amadeus shares and reap 7x
Cinven has exited its remaining 3.4% stake in Amadeus IT Holding, bringing the total proceeds from the travel reservation specialist's IPO to more than €1.6bn.
Orange Switzerland sale underway
France Telecom has launched the sale of its Swiss unit Orange Switzerland, reportedly attracting a number of private equity investors.
BC Partners and Electra exit BDR Thermea
BC Partners and Electra Partners have sold their 40% stake in heating products manufacturer BDR Thermea Group to its parent company, Remeha Group.
BC Partners further exits Médica
TBU-3 International, a holding owned by BC Partners, has sold a 28.1% stake in listed French homecare company Médica.
BC sells Turkish groceries for $515m
BC Partners has successfully offloaded a 17.4% stake in Turkish supermarket chain Migros Ticaret for $515m.
Blackstone circles Spanish hospital chain
Blackstone is one of several private equity firms intrigued by the imminent sale of nine Spanish hospitals by a subsidiary of savings bank La Caixa.
HgCapital planning to sell SLV
Private equity house HgCapital is reported to be in negotiations to sell lighting system provider SLV.
Multiple worries
According to the man on the street, multiples nowadays stand at around 7x EBITDA for assets, up to 9x if it’s a ‘quality asset’ (meaning it stands at 9x, since I know of no GP willing to admit he buys low-quality assets). This is down markedly from the...
Blackstone and BC Partners show interest in Jack Wolfskin
Blackstone Group and BC Partners have both expressed an interest in German outdoor clothing and equipment producer Jack Wolfskin, according to reports.
Southern European Private Equity: 2010 in review
The year 2010 saw significant improvement across the private equity market in Southern Europe. Read on for a month-by-month summary of the regional highlights.
Fundraising market continues to confound
Fundraising conditions are at their toughest for nearly a decade and the market is awash with rumours of stalled fundraising programmes. But there are also regular reports of highly successful fundraisings that fly in the face of the current trends. Julian...
Permira and AXA P.E. circle private equity-backed Opodo
Permira and AXA Private Equity are among the potential buyers of Opodo, the online travel unit of Amadeus IT Holding, according to sources.
BC-backed Fitness First sells off Dutch arm
BC Partners-backed gym chain Fitness First has sold the Dutch arm of its business to fitness club operator HealthCity International.
Cinven and BC sell 10% of Amadeus for €617m
Private equity firms Cinven and BC Partners and airline Iberia have raised €617.13m from selling shares in Amadeus IT Holding.
BC Partners may buy Foxtons debt
BC Partners is planning to buy back debt in former portfolio company Foxtons, according to reports.
BC Partners to restructure debt in Regency Entertainment
BC Partners has appointed the investment bank Houlihan Lokey to advise on the restructuring of Greek casino operator Regency Entertainment’s €557m debt, according to reports.
Lion Capital to acquire Picard Surgelés for €1.5bn
Lion Capital is set to acquire frozen food retailer Picard SurgelУЉs from BC Partners, according to Les Echos.
BC Partners lines up IPO for Fitness First
BC Partners is preparing to exit Fitness First in an IPO worth up to ТЃ1.2bn, according to reports.
BC Partners looking to sell Picard Surgelés
BC Partners is looking to sell its 71% of equity in the leading frozen food retailer Picard Surgelés.
Chemicals: Is private equity getting the mix right?
While the alchemists of old never succeeded in turning lead into gold, private equity investors are seeing opportunities to profit from the chemicals sector. With a swathe of recent activity in the industry, including a major exit, chemicals companies...
Cinven and BC backed Amadeus floats; raises €1.33bn
BC Partners and Cinven backed travel reservation specialist Amadeus has listed simultaneously in the Madrid, Barcelona, Bilbao and Valencia stock exchange, raising €1.33bn; making it the largest European IPO since the onset of the financial crisis.
Amadeus IPO book oversubscribed
A few days prior to its listing in Madrid, travel reservations firm Amadeus, backed by BC Partners and Cinven has closed its books with an oversubscription on €1.36bn.
Private equity to bid for Findus Italy
Market sources indicate BC Partners and PAI Partners are set to look at Unilever’s frozen food division, Findus Italy.
Amadeus IPO pushes on
BC Partners and Cinven-backed travel reservation specialist Amadeus has confirmed that its listing is to go ahead as scheduled for 29 April.