The UK buyout firm’s acquisition at around 14 times EBITA provided an exit for Bridgepoint, which achieved a two and a half times return over two and a half years.
1 min read · 04 January 2013
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 04 January 2013
The former president of Scandinavian exchange OMX is joining the quoted Finnish alternative assets manager to head its planned fund for investing in listed stocks.
1 min read · 04 January 2013
A document published before the accounts released today showed Stefano Pessina, Boots’ executive chairman and the manager at the centre of Kohlberg Kravis Roberts’ take-private, would reap £600 million from the delisting.
2 min read · 04 January 2013
David Verey has stepped back to an advisory role at the US investment and advisory group to free himself up from potential conflicts.
1 min read · 04 January 2013
Gerry Murphy, who resigned as head of the FTSE 100 home improvement retailer last year, has joined the global investment firm.
1 min read · 04 January 2013
The cut-price sale may provide the first signs of changed vendor expectations since credit market problems began in August.
1 min read · 04 January 2013
The Egyptian bank’s private equity arm has scaled up its fund size after making an internal rate of return of more than 70 percent over two years on realised investments from its previous fund.
1 min read · 04 January 2013
The listed alternative asset manager incurred losses on its investments in four Permira portfolio companies last year, but its fund management business grew and Permira made ten profitable realisations.
3 min read · 04 January 2013
BS Private Equity’s 2.5 times return from its exit of Sicurglobal, the Italian security service firm, to Stirling Square Capital Partners may provide a boost to the firm’s fundraising plans.
2 min read · 04 January 2013
