The BVCA this morning released its annual economic impact report which confirmed private equity as a significant driver of the UK economy. The report, research for which was undertaken by IE Consulting, revealed that private equity-backed firms generated total sales of £310bn for the financial year 2006-07 and from this contributed almost £35bn in taxes. The report also estimated that private equity-backed companies employ 8% of UK private sector employees and this figure grows to 21% when historic investments are taken into account.
Total proceeds from Rhône Capital's investment in Unieuro amount to approximately €202m
MW&L invested £66m in oil well decommissioning company Well-Safe Solutions in October 2019
GP has been pursuing a buy-and-build strategy for the advertising company since 2014
Nazca also hires Olga San Jacinto as a member of the firm's industrial advisory board