Secondary buyout

Equistone leads Unither MBO

Equistone Partners (formerly Barclays Private Equity) has backed the secondary MBO of French pharmaceutical company Unither from ING Parcom, CM-CIC Investissement and Picardie Investissement.

Primary buyouts resilient in Q3
Primary buyouts resilient in Q3

Although market conditions remain difficult for private equity transactions across the spectrum, primary LBOs seem to have fared better than SBOs in the third quarter. Greg Gille reports

Dearth of mega buyouts in Germany
Dearth of mega buyouts in Germany

While France, the UK, Sweden and Italy have completed multiple deals over the €1bn mark in 2011, Germany is lagging behind. Susannah Birkwood finds out why

  • DACH
Pass the parcel deals get personal
Pass the parcel deals get personal

A spate of private equity investors have acquired portfolio companies from their previous employers in recent months. Is this is a clever way of sourcing deals or a sign of unscrupulous behaviour? Susannah Birkwood finds out

3i buys Etanco off IK

3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.

Astorg leads FCI unit auction

French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.

IK acquires Doedijns in SBO

IK Investment Partners has acquired a majority stake in Dutch engineered solutions provider Doedijns International from Friesland Bank Investments.

OMERS acquires V.Ships from Exponent

OMERS Private Equity has acquired V.Group, better known by its brand V.Ships, a third-party manager of vessels in the cargo and leisure sectors, from Exponent Private Equity for an enterprise value of $520m.

LDC acquires Original Additions

LDC has acquired beauty accessories supplier Original Additions in a secondary buyout from Matrix Private Equity and Barclays Ventures.

Gresham backs buyout of Walker

Gresham has acquired composite repair services company Walker Technical Resources in a secondary buyout from Maven Capital Partners and its founder shareholder.

IK acquires Savena in SBO

IK Investment Partners has acquired French food ingredient manufacturer Savena from Azulis Capital and Céréa Capital.

Secondary buyouts on the rise
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

Carlyle set to acquire SagemCom from Gores

Carlyle is in advanced negotiations with The Gores Group for the acquisition of SagemCom, a French manufacturer of network equipment and television set-top boxes, according to French daily Les Echos.