UK lower mid-market buyout firm Isis Equity Partners has bought Playforce, as the smaller buyout market keeps on swinging despite the credit crunch.
1 min read · 04 January 2013
An Ethos Private Equity and Goldman Sachs consortium has run into regulatory difficulties in its acquisition of casino group Gold Reef Resorts after securing funding in problematic credit markets in September.
1 min read · 04 January 2013
Lower mid-market firm August Equity has helped a member of BSkyB’s corporate mergers and acquisitions team realise his ambition of joining a buyout firm.
1 min read · 04 January 2013
The African remainder of CDC's energy company Globeleq will form the seed asset for emerging market firm Actis’ next $1.25 billion infrastructure fund. CDC also committed $750 million to the fund.
2 min read · 04 January 2013
The UK investment comes five years after the global bank span out its UK division, now Montagu Private Equity, marking a return for HSBC to its home territory.
1 min read · 04 January 2013
The Nordic buyout firm EQT has upped its offer for Securitas Direct, after its original offer failed to woo sufficient shareholders to approve the take-private attempt.
2 min read · 04 January 2013
After postponing a recapitalisation last year, the consortium which bought UK supermarket Somerfield more than two years ago has decided to auction the business.
1 min read · 04 January 2013
The Virgin consortium has tabled a largely unchanged bid while the struggling UK bank’s management seeks to retain control via a rights issue. Olivant was put off by a three year repayment schedule for the UK government’s more than £20 billion of loans to the bank.
2 min read · 04 January 2013
Terra Firma will tomorrow launch its overhaul of the UK record business after buying it for £3.2 billion at the height of the buyout boom. It is expected to confirm job cuts at the company.
2 min read · 04 January 2013
The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.
2 min read · 04 January 2013