News/Region
Buyout value jumps after mega-deals
The value of buyout deals in the Southern Europe region for Q2 has increased more than ten-fold compared to Q1, according to the unquote” Private Equity Barometer.
Blackstone’s sixth fund on track with $13.5bn
Blackstone Group said it has raised $13.5bn so far for its sixth private equity fund, BCP VI. Last year, Blackstone had lowered its initial $20bn target to between $15bn-20bn.
Invest Equity completes management-buyout
Invest Equity has completed its own management-buyout, a process that started in 2004.
Qualium set to exit Exxelia
Qualium (formerly CDC Capital Investissement) is looking to sell electronics specialist Exxelia to LBO France.
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Lazard said to appoint new co-head of private equity division
Financial adviser Lazard has hired Bank of America's Fotis Hasiotis to co-head its private equity division, according to reports.
Wittur AG on the block again
Cerberus Partners and Goldman Sachs Capital Partners are looking for a buyer for German lift component supplier Wittur AG.
Notion Capital et al. invest $5.5m in Zattikka
Notion Capital and a group of individual investors have injected $5.5m in gaming company Zattikka.
Blackstone and PAI mull over United Biscuit sale
Blackstone and PAI Partners are looking to sell British food company United Biscuits, according to reports.
EPS Value Plus supports acquisition for FotoDesk subsidiary
EPS Value Plus has supported the acquisition of the online photo and business printing division of netservice.cc for the Colorplaza AG subsidiary of portfolio company FotoDesk Group AG.
LDC buys Easynet from BSkyB
LDC has backed the £100m buyout of UK specialist telecommunications business Easynet Global Services from BSkyB.
PAI Partners looking to sell Yoplait stake
PAI Partners has put its 50% stake in French yoghurt maker Yoplait up for sale.
Enterprise Investors provide €7m for Webmedia Group
Enterprise Investors has provided €7m for the Estonian software development company Webmedia Group.
AXA Private Equity acquires 50% stake in Autopista Trados 45
AXA Private Equity has acquired 50% of Spanish toll road operator Autopista Trados 45 from Cintra.
PE groups circle Spanish infrastructure asset
The Spanish utility firm Endesa, controlled by Italian giant Enel SpA, is reportedly examining the sale of 80% of its gas transport and distribution business in an effort to reduce the group's borrowings.
Goldman to retain private equity business
Goldman Sachs plans to retain its private equity business, despite recent congressional regulations restricting bank investments in alternative assets.
MCH Private Equity invests in Conservas Garavilla
MCH Private Equity has invested in canned fish producer Conservas Garavilla.
NBGI Private Equity acquires Praticdose
NBGI Private Equity has backed the management buy-in of French medical equipment provider Praticdose.
Ibersuizas closes in on Multiasistencia
Press reports suggest that the Madrid-based later stage investor Ibersuizas has signed heads of agreement over the buyout of Multiasistencia, Spain's leading provider of business process outsourcing services to the financial and corporate sector.
Finance Wales backs GeoVS
Finance Wales has invested £250,000 in UK early-stage visualisation technology company, GeoVS.
Consortium invests SEK 17m in Barista
Almi Invest, Alveco Invest and six business angels have provided SEK 17m expansionary capital for the coffee chain, Barista Fair Trade Coffee.
Standard & Poor's downgrades Wendel rating
Listed investment company Wendel saw its long-term credit rating downgraded from BB to BB- by Standard & Poor's (S&P) today.
Lloyds appoints Jeremy Perl as deal director
Lloyds TSB Corporate Markets acquisition finance has appointed Jeremy Perl as deal director - to focus on structuring leveraged debt facilities for the mid-market.
Simpson Thacher & Bartlett appoints partner
Private equity specialist Jason Glover will join the law firm as a partner in its London office.