Middle East & North Africa

Sawiris completes largest European LBO

Italian telecoms carrier Wind Telecommunicazioni has been sold to Egyptian businessman Naguib Sawiris’ Weather Investments for €12.1bn.

TDC board recommends Apax and KKR-led bid

If accepted by the Danish telecoms company’s shareholders, the €10 billion deal would be the largest private equity buyout yet seen in the Nordic region.

UK’s Inchcape goes to Dubai investment house

Dubai-based Istithmar reportedly beat off competition from Carlyle, Exponent and 3i to purchase the shipping services firm for $285 million.

Temasek, Istithmar take stake in Thai hospital

The investment arm of the government of Singapore has partnered with Istithmar to take a stake in Bumrungrad Hospital Public Company.

Investcorp pulls in Autodistribution

Investcorp has agreed to take France-based parts distributor Autodistribution off the hands of Goldman Sachs, which gained control of the company after it went into receivership.

Francisco completes FrontRange buy

Menlo Park-based tech buyout firm Francisco Partners has completed its purchase of CRM and voice application services outfit FrontRange Solutions in a roughly $200 million deal.

Francisco acquires CRM provider

Menlo Park-based tech specialist Francisco Partners acquired CRM and voice application services outfit FrontRange Solutions in a roughly $200m deal.

Investcorp buys gift co from BC Partners for €440m

The global investment group has acquired European corporate gift distributor Polyconcept in a secondary buyout.

PPM sells CCTV distributor for £128m

The European mid-market buyout firm sells French CCTV business UDL for a money multiple of almost 4x.

Burlington Coat Factory goes to Bain

More than six months after Burlington Coat Factory announced it was looking at strategic alternatives, Bain Capital has agreed to acquire the apparel retailer for $2.06bn.