3i mulls sale of Fairlane

3i may be looking to sell boat manufacturer Fairlane, which it failed to offload two years ago, according to reports.

The private equity investor has hired advisers from Deloitte to look at options for Fairlane, which may lead to its sale.

3i acquired the firm in a 2005 management buyout, and hired Cavendish Corporate Finance to sell the business in 2008 for £100m but was unsuccessful.

Sale of UK-based transmission-systems manufacturer marks Buyout Fund IVтs seventh exit

Fund surpassed its USD 400m target; its 2018-vintage predecessor raised USD 600m against a USD 350m target

GPтs investment in NetSuite partners marks fifth investment out of third fund

GP will be reinvesting in UK-headquartered sustainability firm, acquiring a minority stake

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

Czech Republic-headquartered family office is targeting DACH and CEE region deals

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds