Terra Firma
UK private equity’s 2012 highlights
2012 in review: UK
UK mega-buyouts worth more than €10bn this year
In defiance of problems on the continent, the UK has seen a surge in mega-buyouts this year, topped off with the recent acquisition of Annington Homes for £3.2bn.
Terra Firma acquires Annington Homes for £3.2bn
Terra Firma has bought the British real estate business Annington Homes for £3.2bn, including £1bn in equity.
Terra Firma’s Deutsche Annington aims for 2013 IPO
Deutsche Annington, the German real estate group backed by Terra Firma, could pursue an IPO as early as 2013, according to reports.
Doughty Hanson-backed Vue to take over CinemaxX
Doughty Hanson’s portfolio company Vue has announced its intention to launch a voluntary public takeover offer for German multiplex chain CinemaxX.
Terra Firma to refinance Deutsche Annington
Terra Firma has started negotiations with bondholders to recapitalise German real estate fund Deutsche Annington Immobilien GmbH, including a €500m equity injection, according to reports.
Bowmark Capital on healthcare buyout spree
Bowmark Capital is to acquire specialist healthcare provider Hesley North for around £75m, according to reports.
Terra Firma denies plans to float Infinis (update)
Terra Firma has met banks to discuss a potential £1bn IPO for its energy portfolio company Infinis.
Terra Firma head of IR quits
Terra Firma’s head of investor relations Kamal Tabet has left the firm after only 11 months.
Terra Firma in partial exit from Phoenix Group
Phoenix Group, a portfolio company of Terra Firma, has agreed to sell subsidiary Phoenix Supply to Northern Irish gas supplier Airtricity.
Lawyers: your most valuable asset?
Lawyers: a valuable asset?
Hands puts personal cash in Terra Firma fund
Guy Hands has pumped £20m of his own money into Terra Firma’s current fund, according to reports.
Terra Firma's Infinis acquires three UK wind farms
British renewable power generator Infinis, a portfolio company of Terra Firma, has acquired a portfolio of three onshore wind farms from Broadview Energy Limited.
Terra Firma buys Four Seasons for £825m
Terra Firma has acquired British elderly and specialist care provider Four Seasons for £825m.
Terra Firma buys Garden Centre for £276m
Terra Firma Capital Partners has acquired British garden centre operator The Garden Centre Group from Lloyds for a total of £276m in equity and debt.
Terra Firma preparing bid for RBS aviation
Terra Firma is preparing a £4bn bid for Royal Bank of Scotland’s (RBS) aircraft leasing business, according to reports.
Ex-Citi banker to join Terra Firma
Terra Firma is set to appoint Kamal Tabet, a former Citigroup investment banker, as managing director and head of investor relations, according to media reports.
Terra Firma planning £475m Odeon bond issue
Terra Firma is planning to refinance is Odean and UCI Cinema business with a £475m bond sale, according to reports.
Terra Firma looking to sell Odeon & UCI
Terra Firma is set to offload UK cinema chain Odeon & UCI with a £700m-1bn price tag, according to media reports.
Terra Firma circling Chaucer
Terra Firma is among potential bidders for listed UK insurance company Chaucer, according to media reports.
Citigroup takes over EMI from Terra Firma
Terra Firma’s portfolio company EMI has been taken over by Citigroup after failing to keep up with interest payments.
Hands appeals against Citi ruling
Terra Firma CIO Guy Hands has appealed against the US court ruling that cleared Citigroup of all charges in the EMI case, according to reports.
Southern European Private Equity: 2010 in review
The year 2010 saw significant improvement across the private equity market in Southern Europe. Read on for a month-by-month summary of the regional highlights.
Citigroup wins EMI court battle
Citigroup last night won its court battle with Terra Firma’s Guy Hands over the buyout of troubled EMI.