Private Equity

Middle East & North Africa

MIG invests €15m in aviation services

The Athens Stock Exchange-listed mega-fund is the latest private equity firm to move into the aviation sector, purchasing just less than half of medical evacuation-focused Flight Ambulance International.

1 min read · 05 January 2013

Investcorp cuts staff by 20%

Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.

1 min read · 05 January 2013

VPB buys Botswana emergency services

A joint partnership between Venture Partners Botswana and the Botswana Medical Aid Society has purchased a 90% stake in Medical Rescue International Botswana.

1 min read · 05 January 2013

ECP invests $30m in West African utility

The pan-African specialist will take board seats on Finagestion, a water and power supplier for Côte d’Ivoire and Senegal.

2 min read · 05 January 2013

Olympus invests in Indian renewable energy

Asia-focused Olympus has teamed with US venture firm Bessemer on a $55m investment in Orient Green Global.

1 min read · 05 January 2013

Investcorp, Barclays buy Italian vending machine maker for €800m

The private equity firms acquired Europe’s largest food and beverage vending machine maker from Merrill Lynch Global Private Equity and Argan Capital using about €600m of debt arranged by eight lenders.

1 min read · 05 January 2013

Venture-backed Better Place launches $1bn electric car effort

Better Place, backed by Morgan Stanley and VantagePoint Venture Partners, will begin building charging ports and battery exchange stations throughout the San Francisco Bay Area in 2010.

2 min read · 05 January 2013

ADIC in $180m Egyptian telecom deal

Abu Dhabi Investment Company is part of a consortium acquiring OrasInvest. This deal follows its acquisition of UAE-based Unitra METS Group, a specialty beverage distributor, last month.

1 min read · 05 January 2013

Absa consortium in ZAR 1.9bn take-private

The acquisition of waste management group EnviroServ is reportedly the largest public-to-private transaction in South Africa this year.

1 min read · 05 January 2013

NBK Capital invests in Kuwaiti IT solutions provider

The Middle Eastern firm’s investment was made via its $125m Kuwait fund dedicated to the country's 'offset programme'.

1 min read · 05 January 2013

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