News
GERMANY - Gilde and Capvis sell Soudronic AG
Gilde Buy Out Partners and Capvis have sold their 75% stake in Swiss metal packaging specialist Soudronic AG. The acquirer is Keystone Group Holding AG.
UK - Scott Tod to be taken over by Rutland Partners
Scott Tod, the struggling cash machine specialist is to be delisted by Rutland Partners in a deal which values the loss making company at ТЃ7.4m.
UK - Dow Schofield Watts appoints seventh partner
Dow Schofield Watts LLP has announced the appointment of Craig Richardson as its seventh partner. Richardson trained as a chartered accountant with KPMG and subsequently spent 10 years with KPMG Corporate Finance. During the last three years Richardson...
UK - Aberdeen Asset Managers backs MBO of Homelux Nenplas
The UK's leading tile accessory and plastic extrusion manufacturer, Homelux Nenplas, has been the subject of a management buyout led by Aberdeen Asset Managers. The business was sold by US-based Newell Rubebrmaid. Yorkshire Bank supported the transaction....
FRANCE - Jean-Hubert Vial to join Astorg Partners as portfolio manager
Astorg Partners has announced the appointment of Jean-Hubert Vial to their team as portfolio manager. He will be joining from Rothschild & Cie, where he worked for six years as director of the mergers and acquisitions department. Mr. Vial has a degree...
GERMANY - AIB appoints new portfolio management leader
Allied Irish Banks has appointed Jens Dienstbach as team leader of portfolio management in Germany. Dienstbach will be responsible for leading the portfolio management team in Frankfurt with the aim of expanding AIB's acquisition finance activities in...
SPAIN - M-Capital invests in Arigas Andalucia and Autosur
M-Capital has taken a 40% shareholding in Arigas Andalucia, an early-stage company that specializes in maintenance services for water and gas networks. The Cordoba –based company Arigas Instalaciones will hold the remaining stake.
NETHERLANDS - AVR to bid for Indaver
Waste disposal company Afvalverwerking Rijnmond (AVR) has indicated its interest to acquire Indaver, a Belgian waste disposal company. AVR was acquired by a consortium led by CVC and backed by KKR and Oranje-Nassau Group earlier this year for EUR 1.4bn....
UK - Busy times for Sovereign Capital
In the space of three days, Sovereign Capital Partners has completed an exit and an acquisition finance deal. The exit deal from SENAD Group, a specialist educational provider in Derbyshire, Staffordshire and Wales, generated an IRR of 110% and represents...
FRANCE - Triago-X appoints new principal
Triago alternative eXchange (Triago-X) has today announced the appointment of Justin Grover as principal. He will strengthen the team and contribute in the international development of the company.
GERMANY - Palamon takes controlling stake in cadooz
Palamon Capital Partners has acquired a controlling stake in cadooz AG. The company is a provider of gift certificates for corporate customers in Germany. The financial investor has committed EUR 15m in capital within the framework of the transaction....
FRANCE - LBO France reinforces its team
LBO France is reinforcing its team by appointing Bruno Cremel as investment manager.
UK - Blackstone to reunite Center Parcs
Blackstone is to purchase Center Parcs property in Belgium, the Netherlands and Germany worth EUR 630m in a bid to revitalise the company according to the Financial Times today. The Dutch-founded company was establised in 1967 with the UK division having...
UK - Permira and DLJ make shortlist for All3Media
Permira and the private equity arm of Credit Suisse, DLJ are on the shortlist to acquire the company behind Hollyoaks and the Richard & Judy show.
GERMANY - 3i and Triton exit CoCreate
3i and Triton have exited their holding in CoCreate to HBK Private Equity Group.
SWITZERLAND - Capvis invests in storage solutions
Capvis Equity Partners has taken a majority stake in Lista B+L Holding, comprised of the Lista Workspace and Storage Systems group. The deal is part of Lista Group's 18-month restructuring plan. The company recorded revenues of SFr 220m in 2005, with...
FRANCE - French investor backs MBO of home hairdressing service
Edmond de Rothschild Capital Partners (EdRCP) has taken a significant majority stake in home hairdresser, Viadom.
UK - Citigroup recruits Laurent de Rosière to its private equity team
Citigroupтs Private Equity Placements Group has strengthened its team with the appointment of Laurent de RosiУЈre from Acanthus Advisers, a London-based private equity advisory firm, where he was a Principal from 2003.
UK - Inflexion enlarges portfolio company Healthcare Knowledge International
Inflexion Private Equity has led the acquisition of Cardiff Research Consortium Ltd, a healthcare consultancy business, on behalf of its portfolio company Healthcare Knowledge International, consisting of CHKS Ltd, its UK division and Iasist in Spain....
UK - Gresham backs MBO of Giles Insurance Brokers
Gresham has announced that it has backed Chris Giles and the management in the management buyout of Giles Insurance Brokers Ltd, one of the UKтs fastest growing commercial insurance brokers, in a deal valued at ТЃ45m.
FINLAND - Movida Group makes a EUR 6m investment in Habbo
Movida Group, which is a joint venture by SoftBank BB corp. and Asian Groove, has agreed to make a EUR 6m investment in 3i-backed Habbo Hotel, a leading online teen community operated by Sulake Corporation. The investment will be executed through Movida...
UK - Further consolidation of the health market?
Holmes Place, controlled by Permira and Bridgepoint Capital, could be acquired by Virgin Active if a new merger plan is to go ahead. According to the Financial Times, the Virgin Group would then float the enlarged company which would be the UK's second...
GERMANY - Dr Neuhaus Techno Nord announces new appointment
Paul Jozefak has joined Dr Neuhaus Techno Nord from his former position as investment director with SAP AG.
UK - Gresham Private Equity backs MBO if Just Trays
Gresham Private Equity has today announced its backing in the MBO of Just Trays, the UKтs leading manufacturer of shower trays. It has an estimated 20% share in the UK shower tray market and plans to increase its market share by introducing further innovative...