Mid-market buyout
UK mid-market recovers but caution at year-end
UK mid-market activity made a significant recovery in 2010, though a dip at year-end suggests investors are still cautious over the state of the economy, according to the latest unquote” regional mid-market barometer.
Mid-market: The next big thing?
Even though big buyouts have staged a spectacular comeback in 2010, mid-market transactions are widely expected to be at the forefront of dealflow and value creation going forward – but strong headwinds could make for a rough, if ultimately rewarding,...
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on €420m.
Alpha acquires Françoise Saget Linvosges from Activa Capital
Alpha Associés Conseil has bought French mail order company Françoise Saget Linvosges (FSL) from Activa Capital, for an undisclosed amount.
UK mid-market moves on up
The UK mid-market stats are in for the first half of 2010 and bullish observers will note that overall activity levels and value totals for deals in the £5-150m range have seen a constant rise since the nadir in the first half last year.
AFINUM buys Caseking GmbH
AFINUM Management has acquired Berlin-based computer accessories distributor and retailer Caseking GmbH for an undisclosed amount.
German buyouts: the giant stirs?
Despite encouraging macroeconomic signs and increasing buyout activity elsewhere, the level of deal completions in the German buyout market remains well below par. What chances are there of an up-tick in this giant market? Julian Longhurst investigates.
ECM acquires German bakery chain Kamps
ECM Equity Capital Management has bought German artisan bakery chain Kamps GmbH from Lieken AG for an undisclosed amount.
Dorsey & Whitney adds Roger Gregory to PE team
Dorsey & Whitney has reportedly recruited Roger Gregory to its London-based private equity advisory team.
Ibersuizas closes in on Multiasistencia
Press reports suggest that the Madrid-based later stage investor Ibersuizas has signed heads of agreement over the buyout of Multiasistencia, Spain's leading provider of business process outsourcing services to the financial and corporate sector.
Auctus launches third fund
German private equity house Auctus Capital Partners is looking to raise €150m for its latest vehicle AUCTUS III.
Investec to increase private equity mezzanine financing
Investec is working on plans to increase asset based lending and mezzanine funding to mid-market private equity investors over the next 12 months.
UK mid-market: Going global
Competition for deals in the UK mid-market is hotting up as opportunities remain limited. Offering management teams the opportunity to grow their business internationally can make the difference to a bid as Emanuel Eftimiu finds out.
Graphite Capital founds London Square
Graphite Capital has taken a majority stake in house builder London Square in a deal worth £100m. The UK mid-market buyout house will supply £50m of equity, along with a £50m senior debt package.
Steadfast Capital buys proFagus
Steadfast Capital has acquired charcoal derivatives producer proFagus GmbH from a group of private investors for an undisclosed amount.
Morgan Stanley’s secondaries fund exceeds $500m target
Morgan Stanley's Global Secondary Opportunities Fund, has raised $585m, exceeding its $500m initial target.
Willetts rejoins Bridgepoint
Adrian Willetts has rejoined the Bridgepoint group as a partner in its lower mid-market investment unit, Bridgepoint Development Capital.
Private equity activity subdued despite industry optimism
European private equity remained subdued in early 2010 despite relative optimism over the economy, according to the unquote” Private Equity Barometer.
Procuritas acquires Gram Equipment AS
Procuritas Capital Investors (PCI) has acquired Danish-based supplier of advanced ice cream machines, Gram Equipment, for an undisclosed sum.
TA Associates acquires Cath Kidston
TA Associates has acquired a majority stake in floral print company Cath Kidston.
Riverside boosts deal origination team with new hire
Global private equity firm Riverside has boosted its deal origination team for the education sector with the appointment of Robert Bowen as senior adviser.
Synova acquires Dental Buying Group
Synova Capital has backed the buyout of dental products and services provider Dental Buying Group (DBG) in a deal of undisclosed value.
Portugal Q&A: Small is beautiful
The Portuguese private equity market may be underdeveloped but that may just be what makes it attractive. Francinia Protti-Alvarez speaks to Rui Branquinho Mota, investment director at Inter-Risco, about the topic.
Ventizz acquires Sovello AG
Ventizz Capital Partners has acquired solar module manufacturer Sovello AG from REC Group, Evergreen and Q-Cells.