Terra Firma
Terra Firma reaps £234m in Infinis IPO
Terra Firma portfolio company Infinis Energy has listed on the London Stock Exchange in an IPO valuing the business at £780m.
Terra Firma appoints MD in renewables team
Private equity house Terra Firma has hired Ingmar Wilhelm, the former executive VP at energy company Enel Green Power, as a financial managing director in its renewable energy investment team.
Terra Firma to refinance Tank & Rast's €2.1bn debt
Terra Firma is currently considering a refinancing of motorway service operator Tank & Rast's €2.1bn debt load.
Saga expected to raise £3bn in IPO
Saga, part of Acromas, backed by CVC, Charterhouse and Permira, has hired STJ Advisors in advance of an expected £3bn public offering.
Providence picks up Exponent’s Ambassador
Providence Equity Partners has emerged as the successful bidder for Exponent Private Equity’s Ambassador Theatre Group (ATG).
PE-backed Infinis and Merlin to float
Merlin Entertainments, backed by Blackstone Group and CVC Capital Partners, and Terra Firma’s Infinis Energy have both announced plans to float on the London Stock Exchange.
Manchester: it’s about who you know
Manchester
Terra Firma holds onto Odeon
Terra Firma Capital Partners is understood to have shelved its plans to sell the Odeon cinema chain after a strategic review.
Terra Firma’s Infinis considers IPO
Terra Firma-backed Infinis, a UK-based independent renewable energy generator, is preparing for a potential IPO.
LPs demand Asian presence for portfolio growth
Eastern promises
Terra Firma appoints head of investor relations
Terra Firma has appointed Lachmi-Niwas Sadani, whose resume includes stints at Apax and Axa Private Equity, as head of investor relations.
Ambivalence or adapting to ever-changing climate?
While the Springer Science and Deutsche Annington exits are expected to deliver positive results when completed, the indecisiveness displayed does little to help the asset class’s historically troubled relationship with the public markets.
Terra Firma sells Phoenix to Hastings
Terra Firma has wholly divested Phoenix Natural Gas, a Northern Irish natural gas distribution and energy services company, to infrastructure fund manager Hastings.
Terra Firma's Deutsche Annington reattempts IPO
PE-owned German residental real estate company Deutsche Annington Immobilien has renewed its IPO plans.
Terra Firma’s Deutsche Annington holds off on IPO
German housing company Deutsche Annington Immobilien (DAI), which is backed by Terra Firma Capital Partners, has reportedly postponed its €1.1bn IPO on the Frankfurt Stock Exchange due to low investor demand.
Deutsche Annington to list ahead of Terra Firma fundraise
Deutsche Annington, the German real estate group backed by Terra Firma, has confirmed it will list on the Frankfurt Stock Exchange this year.
Doughty divests Vue to Omers and Alberta for £935m
Doughty Hanson has sold cinema group Vue Entertainment to Omers Private Equity and Alberta Investment Management Corporation (AIMCo) for an enterprise value of £935m.
Terra Firma granted EMI retrial
Terra Firma is to undergo a retrial over EMI as the private equity house continues to claim that Citigroup fraudulently forced it to overpay for the music group.
SMEs want UK to stay in EU – KCP survey
More than three-quarters of SME managers want the UK to remain part of the European Union, according to research conducted by private equity house Key Capital Partners (KCP).
Graphite sells Optimum Care to Terra Firma's Four Seasons
Graphite Capital has sold elderly care provider Optimum Care to Four Seasons Health Care, backed by Terra Firma.
PE-backed IPOs few and far between in 2012
Moleskine might make headlines if and when it finally lists on the stock market later this year, but flotations remained a seldom-explored exit route for GPs in 2012, continuing a trend initiated in 2008.
Cinemas could be the big deal in 2013
While Terra Firma is considering getting out of the movie business, its private equity competitors could see some very attractive investment opportunities this year.
Terra Firma looking to sell Odeon
Terra Firma is again looking to sell cinema chain Odeon & UCI Group in 2013, potentially raising up to £1bn, according to reports.
Private equity firms eye SEK 2bn Swedish cinema deal
Swedish media and publishing group Bonnier has appointed Nordea to advise on the sale of the SF cinema chain, which could reportedly be worth up to SEK 2bn.