News
Advent and Bain in £2bn RBS deal
Advent International and Bain Capital are set to acquire the Global Merchant Services operation of Royal Bank of Scotland (RBS) in a deal worth £2bn, according to reports.
Goldman Sachs considering private equity spin-off
Goldman Sachs officials are reportedly in discussions about the potential spin-off of a portion of their private equity business.
Sentica Partners merges AtBusiness and Trainers' House IT unit
Sentica Partners has merged portfolio company AtBusiness Oy with the IT project unit of Trainers' House.
High-Tech Gründerfonds et al. invest $2m in C2Call
High-Tech Gründerfonds, Draper Investment Company and a private investor have backed German voice-over-IP specialist C2Call with a $2m series-A round of funding.
Nautic and Jordan invest $500m in Milestone Aviation
US private equity investors The Jordan Company and Nautic Partners have invested $500m in newly launched Irish aviation finance company Milestone Aviation Group.
DIC retains control of Almatis
Dubai International Capital (DIC) has secured approval from a US bankruptcy court for its proposal to restructure the debt of German aluminium business Almatis.
HTGF and Bayern Kapital back TM3 Software
High-Tech Gründerfonds (HTGF) and Bayern Kapital have invested more than €500,000 in TM3 Software GmbH.
Wellcome Trust invests £20m in Kymab
UK venture investor Wellcome Trust has injected £20m series-A funding into newly launched biopharmaceutical company Kymab.
JC Flowers invests £50m in Kent Reliance
JC Flowers has reportedly sealed a £50m deal to buy 40% of UK building society Kent Reliance, as the US investor continues to expand its footprint in the European financial sector.
Ratos acquires bolt-on for AH Industries
Ratos-backed AH Industries has acquired all share capital in Danish subcontractor RM Group.
BoA first to bow to Volcker Rule
Bank of America (BoA) has spun out its private equity arm, making it the first to do so since the Volcker Rule was introduced in the US last month.
Primary Capital supports bolt-on for Esteem
Primary Capital-backed Esteem Systems has acquired Woking-based IT service and support provider SiRViS IT.
AC Desarollo backs Grupo NRSur
AC Desarollo, via its fund AC Capital Premier II FCR, yesterday announced its third deal of the year, providing an undisclosed package of expansion capital to back the fast food franchise business Grupo NRSur.
Atlas Capital completes second investment
Madrid-based Atlas Capital has completed the second investment from its inaugural fund, committing €6m of growth capital to back the Spanish audiovisual services firm Uveauve.
AC Desarollo takes majority stake in Vaughan Systems
AC Desarollo, the private equity investment arm of Ahorro Corporación, has acquired a controlling stake in Vaughan Systems, a Spanish provider of commercial English language training services.
iXEN sells Textiles Well to CSP International
iXEN Partners has sold its 90% stake in French clothes manufacturer Textiles Well to CSP International, for an undisclosed amount.
Francisco takes Emailvision private
Francisco Partners has taken French email service provider Emailvision private, in a deal that values the company at €83m.
Dorsey & Whitney adds Roger Gregory to PE team
Dorsey & Whitney has reportedly recruited Roger Gregory to its London-based private equity advisory team.
Baird sells Paddock to ASSA ABLOY
Baird Capital Partners has sold its majority stake in UK door opening solutions specialist Paddock Holdings to ASSA ABLOY.
Oakley Capital appoints new managing director
Oakley Capital Limited, the investment adviser to Oakley Capital Private Equity, has appointed Del Huse as managing director.
HgCapital acquires TeamSystem for €565m
HgCapital has bought Italian software company TeamSystem from Bain Capital, at an enterprise value of €565m.
Endless considers selling The Works
Turnaround investor Endless is reportedly looking to sell discount book retailer The Works.
Jung appointed new head of Allianz Capital
Allianz Capital Partners has appointed Karl Ralf Jung as its head following the departure of Thomas Pütter last week.
AGF Private Equity takes 24% stake in ZEturf
AGF Private Equity has acquired a 24% stake in Maltese online betting company ZEturf, for an undisclosed amount.