UK - LDC reaps 78% IRR from PJH Group exit
LDC has exited kitchen and bathroom distributor PJH Group through a sale of the business to Globe Union, a Taiwanese-listed designer, manufacturer and supplier of kitchen and bathroom products. The deal has returned 2.8x LDC's investment equivalent to an IRR of 78%.
More on Exits
Bregal Milestone to launch Anywhere365 sale in Q1 2023
Lazard to advise on auction for Dutch cloud-based contact centre and dialogue-management platform
CVC acquires Scan Global logistics from AEA Investors
AEA and management have reinvested for a minority stake in the Danish logistics provider
Livingbridge exits Red Box in sale to US-based Uniphore
Deal for voice software group takes the GP’s Fund V close to full realisation, with Direct Ferries as only business left in the 2012 vehicle
Inflexion’s Scott Dunn valued at GBP 121m in trade exit
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
Latest News
Carlyle private equity fundraising slumps behind peers
Sponsor remains on the road for its eighth flagship fund amid turmoil at CEO-level, with fundraising lagging behind peers KKR and EQT
Accession Capital Partners aims for autumn 2023 final close for Fund V
Sponsor has held a EUR 150m first close for its latest fund and will back Central European businesses with flexible capital
Bregal Milestone to launch Anywhere365 sale in Q1 2023
Lazard to advise on auction for Dutch cloud-based contact centre and dialogue-management platform
CVC acquires Scan Global logistics from AEA Investors
AEA and management have reinvested for a minority stake in the Danish logistics provider