UK unquote
Turnaround investments: A waiting game
With the UK economy sliding into recession at the beginning of last year, many expected 2010 to be the year of turnarounds. So far though, the flurry of deals has not materialised. Greg Gille investigates
Rutland acquires Brandon Hire for £43m
Turnaround specialist Rutland Partners has acquired UK equipment hire business Brandon Hire from Wolseley, in a £43m deal.
Milestone backs BIMBO of Compre
Milestone Capital Partners has backed the buy-in management buyout of UK insurance group Compre Holdings Limited.
Yorkshire Bank appoints Lumsden and Campbell as managers
Yorkshire Bank Corporate & Structured Finance (CSF) has promoted Ross Lumsden and Stephanie Campbell as managers.
DIC mulls £600m sale of Alliance
Dubai International Capital (DIC) is reportedly exploring the option of selling its UK-based hospital equipment portfolio company Alliance Medical for £600m, if restructuring talks fail.
Private equity firms bid for EBS
JC Flowers, Doughty Hanson and Cardinal Asset Management have placed bids for EBS Building Society, according to reports.
3i to sell Tommee Tippee maker
3i is reportedly mulling plans to sell baby bottle manufacturer Mayborn, with the company estimated to be worth in excess of £200m.
Campbell Soup in bid for United Biscuits
Food firm Campbell Soup Company is looking to acquire part of United Biscuits from Blackstone and PAI Partners for £1.5bn, according to media reports.
TDR Capital acquires pubs portfolio from Mitchells & Butlers
TDR Capital has acquired 333 managed pubs from UK operator Mitchells & Butlers, for an estimated £373m.
Endless invests in Amdega
Endless has provided UK premium timber conservatories manufacturer Amdega Limited with growth capital funding.
Terra Firma and Citi set up mediation talks
Terra Firma is reportedly set to start mediation talks with Citigroup next month to discuss EMI, ahead of court hearings in October.
Key Capital Partners appoints Richard Thomas
Key Capital Partners has appointed Richard Thomas as investment manager for its Birmingham office.
Barclays acquires Allied Glass from CBPE
Barclays Private Equity (BPE) has backed the £75m management buyout of UK glass container manufacturer Allied Glass from CBPE Capital.
ISIS-backed Enotria acquires Great Western Wine Company
Enotria has acquired UK wine distributor Great Western Wine Company, with the support of ISIS Equity Partners.
Dow Venture Capital takes minority stake in Blade Dynamics
Dow Chemical's Venture Capital arm has made a minority equity investment in UK wind turbine blades manufacturer Blade Dynamics.
Ex-secretary to Treasury joins Maven
Maven has hired former economic secretary to the Treasury Ian Pearson as senior adviser, according to The Herald Scotland.
UK & Ireland unquote" 16 August
Advent International and Bain Capital have acquired card payment service provider RBS WorldPay from The Royal Bank of Scotland (RBS), for an enterprise value of £2.025bn.
Morgan Stanley acquires Zenith Vehicle Contracts
Morgan Stanley Private Equity has acquired a 60% stake in fleet management specialist Zenith Vehicle Contracts Group from Barclays Private Equity.
Blackstone mulls Reit in £1.4bn sale of Center Parcs to M&G
Blackstone is reportedly mulling plans to create a listed vehicle to facilitate the £1.4bn sale of UK leisure business Center Parcs to M&G Investments.
Simon Walker to leave BVCA
Simon Walker will step down from his role as chief executive of the BVCA once a replacement is found, according to a spokesperson for the organisation.
Saffron Hill acquires Optasia Medical
Saffron Hill Ventures has bought struggling medical software specialist Optasia Medical from administrators, for an undisclosed sum.
Carlyle looking to sell Britax
The Carlyle Group is looking to sell its majority stake in children car safety seats manufacturer Britax, according to reports.
Nestor rejects Acromas bid
Private equity-backed insurance company Acromas has had its bid for UK social care services company Nestor Healthcare rejected.
Growth capital: Quietly rising
As mega-buyouts slowly return to the scene, most media attention is focused on the high end of the market to see if it will maintain momentum. However, the biggest improvement for 2010 may well be a rather more low-key affair. Greg Gille reports on growth...