Cinven is the latest firm to take advantage of helpful credit conditions by refinancing CPA - which will allow it to take out a dividend recap of about £180m after just 18 months of ownership.
2 min read · 07 November 2013
London-listed 3i has agreed to buy a further 49% of Nordic ferry operator Scandlines, using capital from its €5bn Eurofund V that was reserved for add-on acquisitions.
2 min read · 07 November 2013
The investment in Jenny Craig comes as the US-based firm, which targets consumer businesses in the health and wellness sector, attempts to collect $250 million for its fifth fund.
1 min read · 07 November 2013
The firm has hired two investment professionals and relocated a third to strengthen its Benelux team, which will move from London to Amsterdam in 2014.
2 min read · 07 November 2013
As private equity attracts more critical attention, it must do a better job of highlighting its positive impact on the wider economy to avoid further regulation, an Investec study suggests.
3 min read · 07 November 2013
The UK firm has now realised most of the investments in the £235m Gresham Fund III, after selling specialist oil and gas recruitment provider Swift to US firm Wellspring.
2 min read · 07 November 2013
The UK-based placement agent has recruited a former Actis fund accountant and a former Altius Associates executive, in response to an improved fundraising environment and greater demand for its services in between capital-raises.
3 min read · 07 November 2013
The sale of packaging manufacturer Mivisa will generate a 35% IRR for Blackstone and co-owners N+1 Mercapital and Dinamia.
2 min read · 07 November 2013
The Canadian pension plan’s direct investing arm aims to support the UK nursery group in making childcare services more widely available through developing new locations and buying other facilities.
2 min read · 07 November 2013
The sale of Alexander Mann Solutions to US-based firm New Mountain Capital comes just a month after Graphite raised £500m for its eighth buyout fund.
2 min read · 07 November 2013