Flotation
M&A: The way forward for VC exits in 2010
Following on from a year where exit opportunities were limited at best, 2010 has the potential to see an increase in divestments for venture capital-backed companies, says Howard Palmer of European law firm Taylor Wessing
Trade sales make roaring start to 2010
While many companies are still waiting in the IPO wings, trade sales seem to be the preferred exit option in the UK these days. Deborah Sterescu investigates
BC Partners and Cinven-backed Amadeus prepares to float
PE-backed travel specialist Amadeus is said to be expecting to formalise its return to public markets sometime during the first half of this year.
Apax-backed Promethean to launch £448m IPO
According to reports, Apax Partners-backed Promethean World, the UK education technology group, is aiming to raise up to £224m by selling shares in an IPO that values the business at up to £448m.
3i drops Ambea IPO; reaps 3.4x in SBO
3i has dropped the planned IPO for healthcare group Ambea, and opted for a sale to private equity firm Triton. Yet, the IPO can still prove a lucrative exit for Nordic GPs.
KKR nears NYSE listing; releases fourth quarter results
Private equity behemoth KKR is moving closer to listing on the New York Stock Exchange, as the firm has confirmed the move yet again in its financial results report for the fourth quarter, released yesterday.
IPOs: will they float or flounder?
The recent IPO frenzy will prove a blip, according to a recent unquote” poll. By Rikke Eckhoff
To SBO or IPO, that is the question
Recent evidence has shown that for good companies the barren exit market of last year has been replaced by a tug-of-war between viable divestment routes, writes Emanuel Eftimiu
No go for IPOs as New Look compounds listless week
While talk is still ongoing regarding the flurry of GPs signaling their intention to list portfolio companies, many are already postponing plans as prices fall far below expectations. Francois Rowell reports
Next downturn?
The oncoming exit parade could herald an inflexion point - or confirm that another bubble is underway. Kimberly Romaine comments.
BC and AXA’s Medica set to become latest listing
French care home business Medica’s flotation could be a sign that the IPO market is in rude health.
Apax, Permira exit could herald new look IPO
As buyers shop around for bargains, Apax- and Permira-backed New Look is seeking a lucrative £1.7bn flotation. Could this be the first in a wave of IPOs, asks Deborah Sterescu.
Permira, Apax-backed New Look confirms £1.7bn IPO
Permira- and Apax-backed fashion retailer New Look has confirmed plans to float on the London Stock Exchange this morning, in a deal that values the business at £1.7bn.
SBOs replace IPO hopes as KKR snaps up Bridgepoint’s Pets at Home
IPO maths don't add up as KKR completes £ 950m Pets at Home secondary. Rikke Eckhoff reports.
KKR acquires Pets at Home as SBO proves more lucrative than IPO
Bridgepoint has completed the exit of its pet retail chain Pets at Home through a secondary buyout to US giant KKR that is reportedly worth more than £950m, ending talk of a potential floatation of the business.