A lack of pre-deal preparation and post-deal operational weakness has resulted in the majority of deals in the mid-market failing to live up to expectations says latest research.
2 min read · 03 January 2013
Hogg Robinson, a UK business travel company majority owned by European buyout firm Permira, has set a price range for its planned October flotation, valuing the business at around £380m.
1 min read · 03 January 2013
Peakadilly, a Belgian biotechnology company developing biomolecular diagnostics technologies, has raised €14.5m from venture capital firms including GIMV and Life Science Partners.
1 min read · 03 January 2013
Private equity firms Permira and General Atlantic Partners are still in the running for Misys, but the software and systems group says that it has yet to receive an offer it can recommend to shareholders.
2 min read · 03 January 2013
Apax Partners and Kohlberg Kravis Roberts, two buyout firms, have quashed the possibility of an offer for Signet Group, a jewellery retailer with stores in the UK and US.
2 min read · 03 January 2013
Pantheon Ventures has bought the limited partners interests in two venture capital portfolios from Italy’s Cdb Web Tech, including 90 venture capital funds and eight direct investments.
2 min read · 03 January 2013
Clayton, Dubilier & Rice, a US private equity firm, has appointed Marco Herbst as a senior principal in its London office.
1 min read · 03 January 2013
David Kelting, the joint head of Barclays Capital’s sponsor origination team, has been promoted head of European leveraged finance, replacing Chris Coles, who is going on sabbatical.
1 min read · 03 January 2013
Dubai International Capital has followed up the purchase of Doncasters for £700m in May with the acquisition of another UK asset, budget hotel chain Travelodge.
1 min read · 03 January 2013
Mid Europa Partners, a private equity firm focused on Central and Eastern Europe, has sold its 83% stake in Karneval, a Czech cable business, to Liberty Global of the US for €322.5m, generating a money multiple of just over five times.
2 min read · 03 January 2013