News
Vista Capital looking to sell Indas
Vista Capital de Expansión are looking to divest sanitary pad maker Indas.
Ratos appoints Kristina Linde as accounting head
Ratos has appointed Kristina Linde as its new head of accounting.
Private equity 'at risk of outbidding by trade'
Financial buyers such as private equity funds are leaving themselves exposed to being outbid by strategic trade purchasers, corporate finance lawyer Garrett Hayes said today.
Bain seeking final bids for FCI
Bain Capital is today expecting final bids for portfolio company FCI, which could fetch up to $1bn.
Business Growth Fund adds execs to board
Four chief executives have been appointed as non-executive board members of the Business Growth Fund (BGF).
Cinven in talks for Guardian Life Insurance
Cinven is set to buy Aegonтs Guardian Life Insurance in a ТЃ250m deal.
Fidelity Growth Partners appoints Hebel as partner
Davor Hebel has become a partner at Fidelity Growth Partners Europe in the firmтs London office.
SL Capital Partners hires new investment director
Thomas Chevalier has joined SL Capital Partners’ team in Edinburgh as an investment director.
PE firms linked to sale of Glaxo non-core brands
A number of private equity groups are thought to be interested in acquiring a product portfolio being sold by GlaxoSmithKline (GSK).
Carta Capital reaps 14-18% IRR on three exits
Lower mid-market mezzanine investor Carta Capital has exited three of its investments, each reaping an IRR of 14-18% and a money multiple of 1.6x to 1.8x.
Private equity considering takeover of Bintons Carpets
UK-based Bintons Carpets is reportedly in talks with an unnamed private equity firm over a potential sale.
Campbell Lutyens appoints two advisory board directors
Placing agent Campbell Lutyens has appointed Gordon Bajnai, the former Hungarian prime minister, and Cesar Alamea as directors to its advisory board.
Niklas Eklund joins Wellington Partners
Wellington Partners has appointed serial entrepreneur Niklas Eklund as a venture partner.
Aegon set to sell life assurance arm
Aegon plans to sell its Guardian life assurance arm for more than $400m, according to Reuters, with a number of private equity players thought to be interested in the firm.
Carlyle appoints new director of external affairs
The Carlyle Group has hired Rory Macmillan as principal and director of external affairs for Europe, the Middle East and Africa (EMEA).
Ratos' Canal Digital add-on gets a no-go
Ratos has decided not to pursue the bolt-on of Canal Digitalтs cable-TV operations for portfolio company Stofa.
CDC to sell PE portfolio
France's Caisse des Dépôts et Consignations (CDC) is planning the sale of a €180m private equity fund portfolio, according to media reports.
Riverside adds two new execs
Global private equity firm The Riverside Company has appointed two new executives, Juan Rufilanchas and Jaime Escribano, to its Madrid office.
Magnum's Seda Coffee deal falls through
Magnum Capital Partners’ bid to acquire a 50% stake in Seda Coffee has fallen through, despite its announcement last April that the deal would go ahead.
PE firm lose out on Lafarge gypsum arm
The European and South American gypsum division of cement maker Lafarge has been sold to trade buyer Etex for close to €1bn.
Allen & Overy appoints new counsel
Law office Allen & Overy has announced the appointment of Dr Michael Brellochs as counsel for its Munich office.
N+1 registers EQMC fund in Spain
Private equity firm N+1 has registered a new open-ended fund in Spain, which will allow Spanish LPs to participate in the investments made by its Ireland-based EQMC vehicle.
Proventis appoints Andreas Harting as partner
Proventis Partners has announced the appointment of Andreas Harting as a partner.
Bernie Ecclestone accused of bribery in F1 buyout
Formula One CEO Bernie Ecclestone has been accused by German prosecutors of bribing former BayernLB chief risk officer Gerhard Gribkowsky at the time of the company's 2006 buyout.