The founders of Index Ventures-backed internet site Last.fm have sold the business to US television network CBS for $280 million. The sale has reportedly generated a $56 million profit for Geneva-based Index Ventures.
1 min read · 04 January 2013
European buyout firm Argos Soditic has sold its majority stake in French fibre maker Kermel to Barclays Private Equity for an undisclosed amount. The deal has generated an internal rate of return of 88 percent for the Geneva-based firm.
1 min read · 04 January 2013
The private equity market is a tricky asset class to invest in – so pension funds have been warned. What are some of the risks that pension funds ought to consider?
2 min read · 04 January 2013
Mid-market firm Baird Capital Partners Europe has invested £13 million in UK recruitment consultancy Aston Carter.
1 min read · 04 January 2013
ABN AMRO Capital, the private equity business of Dutch bank ABN AMRO, has bought a 74.6 percent stake in Dunlop Aircraft Tyres for about £40 million.
1 min read · 04 January 2013
Global buyout firm Advent International has opened an office in Prague to capitalise on lucrative deal opportunities in the region – just two weeks after PEO reported that the firm is planning to open a Ukraine office in September.
1 min read · 04 January 2013
UK mid-market firm Graphite Capital has raised £475 million for its seventh fund and another £80 million for a co-investment fund, taking its total firepower to £555 million.
2 min read · 04 January 2013
Silex Media has bought Palamon Capital Partners’ stake in software solutions provider DAVID.
1 min read · 04 January 2013
British Airways, Europe’s third biggest airline, has teamed up with a consortium of four private equity firms led by TPG about a potential bid for Spanish airline Iberia.
2 min read · 04 January 2013
The quoted private equity investment trust managed by London-based Pantheon Ventures is set to raise up to £100 million through a new share issue. The principal purpose of this fundraising is to give the trust more capacity to do secondary deals.
2 min read · 04 January 2013
