Apax Partners and Permira, the private equity owners of UK fashion chain New Look, have reportedly pushed back the deadline of the auction to sell the business after failing to attract suitable offers.
2 min read · 04 January 2013
Several buyout firms including The Blackstone Group and CVC Capital Partners are reportedly battling it out in a £2 billion auction of UK fashion retailer New Look. The deal could make up to £1.3 billion for New Look’s owners Apax Partners and Permira.
1 min read · 04 January 2013
AIG Capital Partners, an emerging markets private equity specialist, has bought a 42 percent stake in a Romanian telecoms business for €45 million. It is the firm’s latest investment in what has become an attractive destination for private equity.
1 min read · 04 January 2013
Swedish private equity firm EQT has bought a majority stake in Danish industrial engineering group Cimbria from the company’s founders. The country has become an attractive destination for private equity capital.
1 min read · 04 January 2013
London-based law firm Travers Smith has promoted Ian Shawyer to private equity partner.
1 min read · 04 January 2013
Tragus, a UK restaurant chain backed by The Blackstone Group, has bounced back from the disappointment of losing out in the battle for La Tasca with the acquisition of UK restaurant chain Strada for £140 million. It is the latest buyout deal in the popular UK restaurant sector.
2 min read · 04 January 2013
GMT Communication Partners has bought a construction information business from Candover and Cinven-backed Springer Science & Business Media. The firm will merge this business with portfolio company Docu Group to create Europe’s biggest provider of business information.
1 min read · 04 January 2013
European fund of funds CAM Private Equity has created a Swiss subsidiary in Zurich, run by former shaPE Capital chief executive Benedickt Brenninkmeijer.
1 min read · 04 January 2013
UK mid-market firm Gresham recently generated a twelve times return on its original investment when it exited Penn Pharmaceuticals – and it invested £30 million in bottle manufacturer Esterform Packaging. PEO caught up with Paul Thomas at Gresham to discuss these investments and wider trends in the mid-market.
2 min read · 04 January 2013
Chinese silicon manufacturer Shunda has raised $82 million in private equity financing – $40 million of which is from emerging markets private equity investor Actis.
1 min read · 04 January 2013
