Blackstone is believed to be talking to Providence and Carlyle to arrange a joint bid for specialist business-to-business information provider Informa. It has been reported that a syndicate of banks led by JP Morgan has been lined up to provide most of the debt.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses