News
UK - PILOTpartners launches
PILOTpartners, a new advisory business specialising in turnaround situations, has been launched by James Wheeler and Michael Gebauer, who have spun out from exectuvie recruitment specialists Ashton Penney.
SPAIN - RyG, Nauta and Debaeque backed-Southwing halts payments
Riva y Garcia-, Nauta Capital- and Debaeque-owned components manufacturer Southwing has suspended its debt payments while it negotiates its sale, with Swedish company Cellpoint cited as a possible acquirer.
POLAND - Penta acquired Okna Rabien
Czech private equity firm Penta Holding Ltd has acquired Polish windows and glass doors maker Okna Rabien.
ITALY - BS Private Equity acquires TiNet for EUR 47m
BS Private Equity has acquired Tiscali International Network (TiNet) in a deal valued at EUR 47m.
EUROPE - 3i appoints Hogg managing partner, Infrastructure
Following the announcement that Michael Queen will replace Philip Yea as CEO of listed private equity heavyweight 3i, the firm has appointed Cressida Hogg to replace him as managing partner of its infrastructure business.
UK - Lyceum exits SPI Group
Lyceum Capital has exited SPI Group, a building services company.
GERMANY – Bmp backs Motor Entertainment
Bmp AG has acquired an 11% stake in Motor Entertainment GmbH from I-D Media AG.
UK - Waterford Wedgwood receives bid
US investor Clarion Capital has made a bid for glassware and crockery group Waterford Wedgwood.
UK - Foresight invests £3.25m in @Futsal
Foresight Group has invested ТЃ3.25m in @Futsal Ltd, a facilities management company.
SWEDEN - 3i divests DIAB stake to Ratos in SEK 400m deal
3i has sold its 48% stake in core materials manufacturer DIAB Group AB to co-investor Ratos in a deal valued at approximately SEK 400m.
SPAIN - Doughty Hanson drops out of Seur bid
According to reports, Doughty Hanson has withdrawn the preliminary offer it presented last summer for for courier Seur.
UK - LDC acquires Quantum Specials in £32.5m deal
LDC has acquired medicine supplier Quantum Specials in a management buyout valued at ТЃ32.5m.
UK - Vision Capital closes seventh fund on EUR 680m
Direct secondaries specialist Vision Capital has closed Vision Capital Partners VII an EUR 680m.