News/Region
FRANCE - 360 Capital Partners invests EUR 2.4m in art posters
360 Capital Partners acquired a minority stake in Yellow Korner, a company which prints and sells photographs for which it owns exclusive rights.
UK - LDC-backed Epi-V completes its first investment
Specialist oil and gas private equity fund Epi-V has completed its first transaction, investing £3m in Aberdeen-based Brinker Technology. The £50m Epi-V fund was launched in August 2007 with the aim of making equity investments of between £2m and £10m...
UK - 3i appoints Ipreo chairman as senior adviser
3i has announced the appointment of Rosalyn Wilton, chairman of Ipreo LLP, as a senior adviser to its media team.
FRANCE - Online shoe shop raises EUR 4.3m
Spartoo, an online shoe retailer, is said to have raised a significant first round of institutional funding from CM-CIC Capital Privé and A Plus Finance.
FRANCE - Astorg backs Trescal's spin-off from Air Liquide
Astorg Partners has supported the management buyout of calibration and measurement services specialist Trescal from its parent company.
FRANCE - Initiative & Finance backs MBI of ham and cheese specialist
Initiative & Finance has backed the management buy-in of Primo, a company which provides a range of food products to large retailers.
SPAIN - Doughty Hanson buys FCC and Veolia's bus unit
Infrastructure players Fomento de Construcciones y Contratas (FCC) and Veolia have sold its bus unit, Corporacion Espanola de Transportes (CTSA) to Doughty Hanson for approximately EUR 80m.
UK - Arcapita in takeover bid for Peacocks
Arcapita has made an approach to buy the discount fashion retailer Peacocks from its current backers Goldman Sachs and hedge funds Och-Ziff and Perry Capital. The three investors took Peacocks private in December 2005 in a £404m deal.
SPAIN - Nazca buys stake in e-learning business
Nazca Capital has purchased a 45% shareholding in eduactional consulting and e-learning business élogos from its founding family Baratech. The founders will retain the majority stake.
UK - Generation Investment Management combine with KPCB to fund green business
Kleiner Perkins Caufield & Byers (KPCB) and Generation Investment Management (Generation) have announced a global collaboration to find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the...
FRANCE - PAI partners to be taken to court by portfolio company
Large-cap buyout house PAI partners has been accused of withdrawing an excessive commission of EUR 12m to pay for due diligence processes, following the buyout of engineering group Spie, according to French press reports.
UK - Oak Hill backs £945m SBO of Firth Rixon from Carlyle and Lehman
Oak Hill Capital Partners is backing the secondary management buyout of Firth Rixson Ltd from The Carlyle Group and Lehman Brothers Co-Investment Partners. The deal values the business at £945m. Firth Rixon is a supplier of highly engineered rings, industrial...
UK - Phoenix to sell handbag maker Radley for £150m
Phoenix Equity Partners has put its up-market hangbag portfolio company Radley on the block. It is understood that the business it acquired in February 2006 for £45m could fetch up to £150m at auction. Exponent Private Equity, MidOcean Partners and...
UK - 3i-backed Chorion acquires The Copyrights Group
Chorion Ltd, the UK-based owner and manager of classic and contemporary literary-based brands owned by 3i, has acquired The Copyrights Group Ltd, an independent licensing business, for an undisclosed sum. 3i delisted Chorion in a £134m transaction in...
UK - Gresham establishes Energy and Environmental team
Gresham has announced the creation of a dedicated energy and environmental team that aims to build on the successful investments the firm has already made in these sectors. The team will be headed up by Andy Marsh and Christian Bruning.
CEE - Mid Europa appoints three new partners
Mid Europa Partners, the largest private equity firm focused on buyouts in Central Europe, announced today the appointment of Robert Knorr, Zbigniew Rekusz and Matthew Strassberg as partners. Knorr joined Mid Europa in 1999 and is based in London. He...
GERMANY - AC Alpha Management partners with AshtonPenney
AC Alpha Management GmbH, a German provider of interim managers for private equity portfolio companies, has formed a partnership with AshtonPenney Interim, UK-based interim management solutions specialists. Both companies have decided to work together...
EUROPE - Family offices back private equity
A new study by the European Venture Capital and Private Equity Association (EVCA) and the IMD Business School of Lausanne shows that family offices have become an integral part of the European private equity investor community and that a trend of increasing...
FRANCE - Crédit Agricole invests over EUR 7m in Emalec
Crédit Agricole Private Equity has invested in excess of EUR 7m in the owner buyout of maintenance company Emalec along with the founding owners, taking a minority stake in the company.
FRANCE - Perfectis announces portfolio acquisition
Perfectis Private Equity portfolio company Philippe Manutention has completed the bolt on acquisition of Hyster Nacco Material Handling Distribution (NMHD), creating the first independant forklift retail and rental group in France.
UK - SEGF achieves 27% IRR from Hockway exit
The South East Growth Fund (SEGF) has wholly exited its stake in Hockway Ltd, a supplier of cathodic protection equipment, in a secondary management buyout for an undisclosed sum, realising an IRR of 27%.
UK - Ernst & Young appoints Gary Davison to lead new debt advisory business
Ernst & Young has hired Gary Davison to head the launch of its new specialist debt advisory business in Manchester.
SWITZERLAND – Argos Soditic to reap 12x return with Maillefer
unquote” has learned that Argos Soditic will announce its exit from Swiss company Maillefer next week.
UK - Dubai investment arm acquires SmartStream from TA Associates for £200m
DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC) has acquired SmartStream Technologies from TA Associates for approximately £200m in a tertiary buyout deal.