News
UK - Aberdeen exits coach manufacturer Plaxton reaping 2.6x return
Aberdeen Asset Managers Private Equity has realised a 2.6x return on its exit from coach manufacturing portfolio company Plaxton. The business has been acquired by Alexander Dennis Ltd for an undisclosed sum.
UK - Octopus backs Promotion Space with expansion funding
Octopus Private Equity has provided marketing services business Promotion Space with expansion finance. Octopus was introduced to the deal by Ford Campbell, a Manchester and Leeds-based corporate finance firm. The value of the funding was not disclosed,...
SPAIN - Dinamia makes profit of EUR 18.2m from Capital Safety exit
Dinamia Capital Privado has sold the 8.16% stake it had in Capital Safety Group to Candover for around EUR 21m, realising a profit of approximately EUR 18.2m for investors.
UK - Scottish Equity Partners strengthens team
Scottish Equity Partners (SEP) has made new two appointments to its expanding investment team. The two new hires are Sriram Srinivasan and Mark Gracey both of whom will be based in SEPтs London office. The duo, who are from India and Australia respectively,...
UK - JPMorgan launches Private Equity Fund Services in UK and appoints Huw Jones
JPMorgan has launched JPMorgan Private Equity Fund Services business in the UK to expand the business throughout Europe and the Middle East. The service offers fund administration and portfolio administration to European and Middle Eastern private equity...
ITALY - Permira buys stake in Valentino for EUR 783m
Permira has acquired a 29.6% stake in fashion house Valentino for EUR 782.6m.
SWEDEN - EQT sells 10% of Nederman to Investment AB Latour
EQT has signed an agreement to sell 10% of the shares of Nederman to Investment AB Latour, which represents 1 171 535 of the shares. The price is set to SEK 87 per share, which is the same price that Nederman will start to trade on Stockholm Stock Exchange...
FRANCE - Acto makes 50% IRR and 4x its money on Odalys sale
Acto (formerly known as Finama Private Equity) has sold its stake in tourism residences business Odalys.
UK - Beringea backs MBO of Eagle Rock from HgCapital
Beringea has backed the buyout of TV and DVD producer and publisher Eagle Rock Group Ltd from HgCapital. The company's catalogue properties include live concert performances from artists such as The Who and Nirvana. Beringea supported Hamburg-based edel...
UK - Charterhouse acquires TSL from Exponent
Charterhouse Capital Partners has acquired educational publisher TSL Education from Exponent Private Equity for an undisclosed sum.
UK - Beringea backs data marketing company Optima in acquisition
Beringea, manager of the ProVen VCTs has been the lead investor in the acquisition of WDIS Ltd, a specialist business-to-business data management company, by Optima Data Intelligence Ltd. Optima is a data management and business generation company which...
UK - 3i Quoted to list
3i Group will list its new Quoted Private Equity arm on the London Stock Exchange in June. The firm will issue shares at ТЃ8, aiming to raise at least ТЃ400m in the offering. 3i Quoted Private Equity was set up to invest in listed companies and...
FRANCE - Elaia Partners invests EUR 1.5m in Orchestra Networks
IT-oriented venture investor Elaia Partners has made a EUR 1.5m investment in Paris-based Orchestra Networks, a provider of master data management (MDM) solutions.
UK - LDC backs £52m buyout of Emprise
LDC has backed the ТЃ52m management buyout of Emprise, a national provider of outsourced facilities services. Royal Bank of Scotland provided debt to support the deal, which represents a partial exit for RJD Partners, formerly Royal London Private Equity....
SWEDEN- Benchmark capital invests USD 8m in Power Challenge
Benchmark Capital has invested USD 8m in Power Challenge, a online sports game developer based in Sweden. The investment will be used to develop new titles, improve the quality of existing games and expand its global infrastructure.
SWEDEN - EQT lists Nederman with strong interest in the market
EQT has listed Nederman on Stockhom Stock Exchange, receiving noteworthy interest in the market.Through a bidding process, the final price offer was set at SEK 87 (EUR 9.4) per share. The public offering, which compromised a total of 7,381,898 shares,...
SWEDEN- Industrifonden sells shares in XCounter
Industrifonden has sold their shares in XCounter, a medical equipment company listed on AIM. Industrifondens stake, which amounted to 4,74%, was sold for SEK 42m.
EUROPE - Carlyle in Euronext placing
The Carlyle Group is to place shares of its Guernsey-based affiliate Carlyle Capital Corporation on Euronext Amsterdam later this year, the buyout house said in a statement.
UK - Aberdeen Growth Capital appoints Ned Dorbin
Aberdeen Asset Managers Growth Capital has appointed Ned Dorbin as senior investment manager to the South East team. Dorbin will focus on new investment opportunities involving smaller UK companies requiring up to ТЃ4m of equity finance.
EUROPE - Male gender prevails in venture-backed companies
Around 95% of the CEOs in venture-backed companies across Europe are men, according to a study carried out by Library House. However, the data shows that companies run by women appear to perform ahead of their male peers. Out of 600 venture-backed companies...
CEE - unquote'' Central & Eastern Europe Congress & Awards
unquote” is excited to bring you the first annual unquote” Central & Eastern Europe Private Equity Congress & Awards this Wednesday, 16 May 2007, in London. The unquote” Central & Eastern Europe Private Equity Congress brings together industry experts...
UK - Blackstone in £1bn refinancing of Center Parcs
Blackstone has refinanced portfolio holiday village operator company Center Parcs. The ТЃ1bn refinancing has reduced the size of the company's debt and follows the reverse sale-and-leaseback of Center Parcs' property. Blackstone backed Center Parcs to...
UK - Teachers' Private Capital opens London office
The private equity arm of the Ontario Teachers' Pension Plan, Teachers' Private Capital, has announced it is to open a London office.
WORLD - KKR cashes in with 44% of global deal volume
KKR has eclipsed its rivals so far this year, claiming a 44.1% share of global deal volume, over double its 20% share since the beginning of 2004. The value of these deals was more than it recorded in 2005 and 2006 combined. This includes the ТЃ10.1bn...