PAI Partners
French activity catching up to UK
Traditionally playing second fiddle to the UK market in terms of private equity activity levels, France got off to a busy start in 2011. Can it upset the status quo? Greg Gille investigates
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.
CVC-backed Cortefiel acquires distributor
Grupo Cortefiel, the Spanish portfolio company of CVC Capital Partners, PAI Partners and Permira, has acquired its distributor in Serbia, Bosnia and Macedonia.
PAI in exclusive talks to buy Kiloutou
PAI partners is set to acquire French construction equipment rental company Kiloutou from Sagard.
PAI Partners sells Yoplait stake to General Mills
PAI Partners has sold its 51% stake in French yoghurt maker Yoplait to General Mills, in a deal that values the company at €1.6bn.
Yoplait race narrows to six bidders
The sale process for PAI Partners's stake in French yoghurt maker Yoplait has narrowed to six candidates, according to media reports.
Apax and Bridgepoint team up again on CEP buyout
Apax Partners and Bridgepoint Capital are teaming up to buy French mortgage insurance services company Compagnie Européenne de Prévoyance (CEP) from PAI Partners, according to media reports.
PAI Partners sells Kwik-Fit for £637m
PAI has sold car repair business Kwik-Fit to Japanese corporation Itochu for £637m.
PAI takes bids for Yoplait
PAI partners has received nine bids for its stake in French yoghurt-maker Yoplait, according to media reports.
PAI puts CEP on the block
PAI partners has launched an auction for French mortgage insurance services company Compagnie Européenne de Prévoyance (CEP), which could be worth up to €1bn according to media reports.
EQT et al. bid for German retailer
The private equity groups EQT, Apax and a consortium of PAI partners and TPG have entered the second round of negotiations for German fashion retailer Takko.
PAI partners acquires Hunkemöller
PAI partners has acquired Dutch lingerie retailer Hunkemöller from Maxeda Retail Group B.V.
PAI-backed Yoplait sale underway
A PAI spokesperson has confirmed the upcoming start of the sale process, according to media reports.
PAI Partners in talks with SOS
PAI Partners could come to the rescue of SOS Corporación Alimentaria by providing the firm with the capital increase it requires to refinance its debt.
PAI buys Swissport for €654m
Private equity firm PAI Partners has bought passenger and cargo handling company Swissport from Spanish infrastructure group Ferrovial for €654m.
PAI still in race for Office
PAI partners is to make a second bid for £200m retail chain Office, according to media reports.
PAI moves closer to full exit from Kwik Fit
Less than four months after having offloaded the insurance branch of Kwik Fit to Fortis UK for £215m, reports suggest that PAI Partners may be moving closer to selling the main operating business.
Clessidra and Carlyle circle Coin
Private equity firms Clessidra and Carlyle Group have expressed an interest in purchasing PAI Partners’ 69% stake in Italian retailer Gruppo Coin.
Morgan Stanley and SocGen reportedly hired for Yoplait sale
Morgan Stanley and Société Générale are said to have been hired as advisers to PAI partners and Sodiaal on the sale of Yoplait, according to media reports.
Parvilla appoints new partner
Parvilla, the Paris-based fund-of-funds manager founded four years ago by former PAI senior Partner Jean-Marie Fabre, has appointed Mark Foulds as a partner.
Campbell Soup in bid for United Biscuits
Food firm Campbell Soup Company is looking to acquire part of United Biscuits from Blackstone and PAI Partners for £1.5bn, according to media reports.
Private equity munches on food sector
A recent string of deals and announcements show the food industry to be firmly back on the private equity investment agenda. Furthermore, the high valuations witnessed are in stark contrast with a recovering but still relatively modest buyout market....
Blackstone and PAI mull over United Biscuit sale
Blackstone and PAI Partners are looking to sell British food company United Biscuits, according to reports.