PAI Partners
PE-backed Cortefiel refinances €1.3bn debt
Spanish clothing retailer Cortefiel, backed by CVC, Permira and PAI partners, has refinanced €1.3bn worth of debt, according to reports in the Spanish press.
Lion, CapVest and Pamplona circle United Biscuits
Lion Capital, CapVest, Pamplona Capital and Germanyтs Intersnack are in the running to acquire the savoury snacks arm of United Biscuits, according to reports.
PAI partners acquires Marcolin in €207m LBO
PAI partners has agreed to acquire a 78.39% stake in listed Italian eyewear manufacturer Marcolin at a price of €4.25 per share.
French PE players miss out on Gefco
French automotive constructor PSA Peugeot Citroen will sell its subsidiary Gefco, tipped as a potential LBO candidate, to Russian rail company RZD.
Bain Capital buys Bravida in tertiary buyout
Bain Capital has bought Swedish technical installation and services solutions company Bravida from Triton Partners in a tertiary buyout.
PE firms in 2nd round for Triton's Bravida
Four private equity firms have entered a second round of bids for Triton portfolio company Bravida, reports suggest.
Ex-PAI keyman joins CVC
CVC Capital Partners has hired Bertrand Meunier, the former partner committee chairman at PAI Partners, as managing partner and member of the PE board.
Private equity firms prepare to take over USP Hospitales
Spanish hospital chain USP Hospitales has received bids from a number of private equity funds.
PAI offloads 25.66% of Chr. Hansen for €560m
PAI Partners SAS has agreed to sell 25.66% of its Chr. Hansen shares worth тЌ560m to Novo A/S.
Mega-buyouts fail to recover in 2011
This week, KKR announced what is likely to be one of the last large-cap deals of the year with its $1.12bn secondary buyout of Capital Safety Group (CSG). But how has 2011 as a whole stacked up in the mega-buyout arena? John Bakie investigates
Two bolt-ons for PAI-owned Kiloutou
French construction equipment rental company Kiloutou, a portfolio company of PAI Partners, has acquired two competitors.
PAI reaps further €232m in Chr Hansen sale
PAI Partners has sold a further 15 million shares in listed Danish food ingredients company Chr Hansen, raising DKK 1.73bn (cтЌ232.5m).
PAI Partners hires Charles Bouaziz
The former CEO of PepsiCo Western Europe joins PAI as partner.
Secondary buyouts on the rise
unquote” has recorded a significant hike in SBO activity in 2011 – indicating LPs’ fears over their comeback might not have been exaggerated after all. Greg Gille reports
PE firms bid on Oberthur partial sale
Buyout houses including PAI partners, Advent International, Bain Capital and One Equity are believed to have made offers for part of French secure technologies specialist Oberthur.
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 ТЃ637m.
PAI takes bids for Yoplait
PAI partners has received nine bids for its stake in French yoghurt-maker Yoplait, according to media reports.