News

UK - LDC to open Scotland office

LDC is planning to establish a dedicated new business team in Scotland as part of its continued expansion. The new office, to be based in either Glasgow or Edinburgh, will be LDC's eleventh regional office bringing its total number of offices to 12 including...

UK - Fearghal Ó Ríordaín joins SEP from Accel

Scottish Equity Partners (SEP) has announced the appointment of Fearghal У RУ­ordaУ­n, formerly of Accel Partners. У RУ­ordaУ­n will operate from SEPтs London office. Prior to SEP, У RУ­ordaУ­n spent five years at Accel Partners. He was a founding principal...

UK - ISIS backs buyout of Williams Medical Supplies

ISIS Equity Partners has backed the management buyout of medical products distributor Williams Medical Supplies. The buyout of the ТЃ47m-turnover company from its retiring founder was supported by debt provided by National Australia Bank.

GERMANY - Transnorm changes hands

EQUITA has acquired the 80% stake of NORD Holding in Harsum-based Transnorm group for an undisclosed amount. The shareholding of the company’s management remains unchanged.

FINLAND - CapMan strengthens its advisor network

The former CEO of Stora Enso, Jukka Härmälä, has been invited to join CapMan’s Advisor Network as a senior advisor from June 2007. Härmälä retired from his position as CEO of Stora Enso at the end of March 2007, having held the post since 1998. He started...

  • GPs
EUROPE - European venture performance takes off

The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...

UK - Warner Music Group to enter fray for EMI

Terra Firma's recommended ТЃ3.2bn bid for music publisher EMI is likely to feel the heat of a rival bid in coming days. Warner Music Group's desire to combine with EMI was strengthened upon yesterday's news that the European Commission had given its approval...

EUROPE - European venture performance takes off

The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...

ITALY - SEAT Pagine Gialle on the lookout for buyers

Following months of speculation about the future of SEAT Pagine Gialle, press reports suggest that the directories business is up for sale. Rumour has it that Lehman Brothers has been hired by the private equity consortium (comprising of Permira, CVC...

NORWAY - Verdane makes 5x with Reslab divestment

Verdane Capital Advisors has agreed to sell its 33% stake in Reslab, Resevoir Laboratories AS to Weatherford International, an NYSE-listed company (WFT ticker). The transaction, which will formally close in June, sees Verdane Capital Advisors realising...

GERMANY - TPG exits Freenet Stake to Vatas

TPG has sold its stake in German telecommunications provider freenet AG to a subsidiary of Berlin-based private investment firm VATAS for an undisclosed amount. TPG exited its 12.45% stake and at the same time TPG-Axon exited its 6.22% holding.

UK - BC Partners snaps up Foxtons

BC Partners has acquired London-focused estate agency chain Foxtons in a deal believed to weigh in at approximately ТЃ400m. The private vendor appointed Credit Suisse to run a process to dispose of the asset. TA Associates and 3i were thought to have...

UK - EMI agrees to Terra Firma's £3.2bn offer

EMI's board has agreed to a 265p per share offer from Terra Firma. The bid represents an enterprise value of ТЃ3.2bn for the music publishing giant. Terra Firma's agreed offer with London-listed EMI follows a year of speculation about the ownership of...