News
Sulzer circled by private equity firms
Swiss industrial manufacturer Sulzer has received bids from private equity firms for its subsidiary Metco, according to reports.
Baird Capital backs Medplast bolt-on
Baird Capital’s MedPlast has acquired UK-based Orthoplastics, a manufacturer operating in the orthopaedic implant market.
Merck could turn to private equity to finance clinical trials
German pharmaceutical company Merck has held talks with private equity firms to potentially finance future clinical trials, according to reports.
VC-backed Criteo to raise $176m in IPO
French advertisement targeting company Criteo, backed by several venture capital firms, plans on raising $176m in its upcoming flotation on Nasdaq, valuing the company in the region of $1.5bn.
Piper hires 3i’s Stern
Dan Stern, Piper
Zalando said to mull IPO
Private equity-backed online shopping platform Zalando is considering a flotation, according to local press reports.
Exponent’s Ambassador attracts private equity suitors
Exponent Private Equity-backed Ambassador Theatre Group is reportedly on the block and has attracted high-profile suitors including BC Partners, Blackstone and Carlyle.
Private equity firms circle Unit4
Netherlands-based software company Unit4, which is listed on the NYSE Euronext Amsterdam, has been approached by private equity firms with takeover bids that value the company at up to €1.04bn.
Equistone nears Européenne des Desserts SBO
Equistone Partners is set to acquire French desserts maker Européenne des Desserts from Azulis Capital and Céréa Partenaire, according to reports in the local press.
Madvertise spinout raises $5m in series-A round
Software-as-a-service (SaaS) platform LiquidM, a spinout of German start-up Madvertise, has raised a $5m funding round from Earlybird, Blumberg Capital and Asset Management.
Aquila Capital to launch maiden fund-of-funds
German investment company Aquila Capital has entered the private equity market, aiming to launch a fund-of-funds in early 2014.
SamInvest receives SEK 20m in EU funding
Swedish venture capital firm SamInvest has received SEK 20m from EU structural funds and the county administrative boards of Jämtland and Västernorrland.
Swedish carry tax: IK Investment Partners wins latest case
Björn Savén and 14 other key people at IK Investment Partners have won the latest round in their ongoing dispute with the Swedish tax authority.
Brockhaus to close third fund by year-end
Brockhaus Private Equity is aiming to close its latest fund, Brockhaus Private Equity III, on €170m in Q4.
KKR mulls ATU exit
KKR is planning to divest its struggling portfolio company Auto-Teile Unger (ATU), according to reports.
Clifford Chance's Evans joins Latham & Watkins
Latham & Watkins has raided Clifford Chance's private equity practice for the second time this year with the hire of Tom Evans as partner.
StepStone snaps up Greenpark
San Diego-based StepStone Group has completed its acquisition of London-based secondaries house Greenpark Capital.
Ardian arranges €275m unitranche facility for Flexitallic SBO
Ardian (formerly Axa Private Equity) has arranged a €275m multi-currency unitranche facility to finance the €450m buyout of Flexitallic by Bridgepoint, in what marks the first investment for Ardian's Private Debt Fund III vehicle.
Ex-Prudential CEO joins Octopus board
Octopus Investments has appointed Rob Davey, former CEO of Prudential UK and Europe, as non-executive director.
Jones Day hires BLP's Weir
International law firm Jones Day has hired Michael Weir as a partner in its private equity practice in the London office.
FSN approaches €600m close
Oslo-based FSN Capital is nearing a final close for its Fund IV at its €600m hard-cap, according to reports.
FTI Consulting hires two
FTI Consulting has appointed Christian Axmann and Andreas Rapp as managing directors to their Munich office.
Former LBO France partners launch debt-focused Kartesia Advisor
Kartesia Advisor, a new firm founded by three former LBO France partners and an ex-ICG director, has held a first close on €225m for its maiden debt vehicle.
CVC appoints Wolfgang Colberg as industrial partner
Wolfgang Colberg, CVC