News
LDC appoints Whitwell as investment director
LDC has appointed Richard Whitwell as investment director in its Birmingham office.
Bridgepoint leads Cote auction
Bridgepoint has emerged as the front-runner in the bidding process for UK-based restaurant chain Cote, which is expected to sell for ТЃ100m, according to reports.
France to cut back on capital gains tax
Following months of complaints by local entrepreneurs, French president François Hollande is due to announce a simplified and more favourable capital gains taxation regime.
KKR provides debt financing to Spain's Uralita
KKR Asset Management, KKR‘s sub-investment grade manager, has provided a €320m seven-year facility to Spanish building materials firm Uralita.
Easton Corporate Finance appoints new MD
French M&A advisory firm Easton Corporate Finance has promoted co-founder Thomas Gaucher to managing director.
LBO France's Médi-Partenaires hopes to raise €385m on high-yield market
Médi-Partenaires, a French chain of clinics backed by LBO France and Equistone, is understood to be aiming to raise €385m on the high-yield bond market.
Investor AB appoints Stern as senior adviser
Investor AB has appointed Stefan Stern as a senior adviser.
UK government considers private equity route for Royal Mail
CVC, Carlyle and KKR are among the firms that have been approached by government advisers regarding a potential buyout of Royal Mail, according to media reports.
Eurazeo cashes in on early Danone exit
French listed private equity player Eurazeo will part ways with dairy products giant Danone as €700m's worth of exchangeable Danone bonds, issued in 2009, are set to be converted to equity.
Apax nears closing on Rhiag deal
Apax Partners is set to close the acquisition of Italian auto parts distributor Rhiag from French GP Alpha Associés Conseil, according to reports.
AIFMD passed into German federal law
Germany has passed legislation for the implementation of the Europe-wide AIFM Directive into federal law, following a year of intense campaigning by representatives of the private equity industry.
CVC's Evonik begins listing process in Frankfurt and Luxembourg
CVC-backed Evonik Industries has begun its much anticipated listing process by issuing its 466 million shares simultaneously in Frankfurt and Luxembourg.
Dentons recruits SJ Berwin partner to lead private equity practice
Dentons has recruited SJ Berwin partner Nicholas Plant to head its private equity practice across the UK, Middle East and Africa region.
Intel Capital et al. back $12m Gengo funding round
Intel Capital, Iris Capital, Infocomm Investments, NTT Docomo Innovation Ventures, ST Ventures and Atomico have invested in a $12m series-B funding round for Tokyo-based translation platform Gengo.
Next Wave promotes Wood to investment director
Growth capital investor Next Wave Partners has promoted Peter Wood to investment director.
Blackstone agrees to buy Strategic Partners from Credit Suisse
Blackstone Group has agreed to acquire Credit Suisse Group AG’s secondary private equity business, Strategic Partners, for an undisclosed price.
Cavendish adds partner to TMT team
M&A advisory firm Cavendish Corporate Finance has appointed Nick Jones as a partner in the technology, media and telecoms (TMT) sector team of its London office.
EU Commission contemplating stricter merger control laws
The EU Commission is thinking of introducing stricter controls on company mergers, threatening to lengthen processes for minority stake acquisitions.
PE-backed Intelsat misses IPO target
Luxembourg-based satellite operator Intelsat SA, which is backed by BC Partners and Silver Lake Partners, fell more than $100m short of its target at yesterday’s close on the NYSE.
Environ makes new addition to London office
Environmental advisory firm Environ has brought principal Michael Scott over from the US to join the companyтs London office.
CVC Credit Partners hires two
CVC Credit Partners has hired Stuart Levett and Julia Agafonova as managing director and director of fund administration respectively.
Sovereign Capital promotes Matthew Owen to partner
Sovereign Capital has promoted Matthew Owen to partner at the firm.
Private equity owners consider IPO of Numéricable
Private equity giants Cinven and Carlyle, alongside cable operator Altice Group, have asked banks to pitch on an initial public offering of French cable company Numéricable, according to reports.
GCP appoints Bauer as mezzanine partner
Austrian mezzanine investor Gamma Capital Partners (GCP) has appointed Clemens Bauer as partner in its office in Vienna.