The buyout firm has completed a lucrative exit from UK outdoor equipment retailer Mountain Warehouse, netting a six times return after a £15 million sale.
1 min read · 04 January 2013
The Carlyle Group has finally completed the troubled flotation of a credit vehicle on Amsterdam’s Euronext exchange, raising $300 million.
1 min read · 04 January 2013
US buyout firm HIG Capital is planning to hire as many as 30 local professionals in about six months, as it prepares to start spending a €600 million European fund. James Taylor talks to managing director Paul Canning about the firm’s ambitious plans for Europe.
3 min read · 04 January 2013
Richard Lambert, the head of the Confederation of British Industry, a trade body that has been attracting support from some of Europe’s large buyout firms, has criticised private equity’s public relations efforts.
2 min read · 04 January 2013
The central and eastern Europe specialist has taken the first step in its planned consolidation of the Polish private healthcare market, bolting on Medycyna Rodzinna to its recent acquisition LUX-MED.
2 min read · 04 January 2013
Candover has sold electronic publisher Bureau van Dijk to BC Partners, in a deal that will generate an IRR of 35 percent for the UK-based buyout firm.
2 min read · 04 January 2013
Kitty Ussher, the pro-European UK Labour MP recently appointed as minister for the City of London, has reassured business leaders that the financial services sector – and private equity in particular – will not be subjected to knee-jerk taxation or regulation.
2 min read · 04 January 2013
The communications sector specialist has done yet another deal in the European cable TV and telecoms area with the acquisition of Melita Cable, a Maltese provider valued at about €170 million. It believes broadband migration, internet telephony and pay-TV services will provide the main growth opportunities.
2 min read · 04 January 2013
3i has recruited Andrzej Szostak from Rothschild Group to lead its deal activity in Poland, as it continues to commit more resource to buyouts in central and eastern Europe.
1 min read · 04 January 2013
GlobeOp Financial Services, a hedge fund administration business backed by US private equity group TA Associates, has been forced to cancel flotation plans after being hit by a $500 million lawsuit from a disaffected former hedge fund client.
2 min read · 04 January 2013
