Jenny Bollen

Alchemy Partners makes 3.6x return on classic car insurer

Alchemy Partners has made a return of 3.6 times its original investment in Footman James, a classic car insurer, which has just provided cover for Scooby Doo’s Mystery Machine.

Private equity houses predict a leverage ratio decrease

Private equity houses have bucked the consensus that leverage ratios will rise in 2007 as 40 percent predict a decrease.

Change Capital Partners in second deal in a week(2)

Change Capital Partners has become the controlling shareholder in a company formed from the merger of four Spanish electrical goods retailers in its second deal in a week, and may raise its second fund in 2007.

Esprit takes eight percent in pharma merger(2)

Venture capital firm Esprit Capital Partners has acquired a Canadian drug company to merge with its existing portfolio business Kiadis Pharma.

EMI and Permira talks collapse(3)

Permira’s takeover bid for EMI has been rejected, sending shares in the group up 3.25p to 271p today.

Hermes completes two deals in two days

Hermes Private Equity has completed its second deal in two days with the acquisition of a residential care provider for adults with learning disabilities for an undisclosed amount.

Phoenix makes eleventh investment this year(2)

Phoenix Equity Partners has bought a media monitoring business from 3i for £42 million in its eleventh investment this year.

Inflexion buys software company(2)

Inflexion Private Equity has completed its second transaction in a month with a £12 million buyout of a software company, a week after it sold its £19.1 million venture capital trust.

CVC opens US office(2)

CVC is continuing its appointments spree to staff its US office, which the private equity firm has opened in New York.

Change Capital Partners in second deal in a week

Change Capital Partners has become the controlling shareholder in a company formed from the merger of four Spanish electrical goods retailers in its second deal in a week, and may raise its second fund in 2007.