Private Equity
The Dubai Government-backed investment firm’s emerging markets arm has purchased a 45 percent stake in KEF, the Middle East’s first fully automated steel castings foundry.
2 min read · 05 January 2013
The newly-formed private equity firm founded by three ZelnickMedia partners has emerged as the previously unidentified buyer of Greenfield Online’s internet survey business. Microsoft recently bought Greenfield for $486m after it bettered by $2 per share an earlier offer made by Quadrangle Group.
2 min read · 05 January 2013
Sovereign wealth funds have entered British football with The Abu Dhabi United Group, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City. Dubai International Capital previously tried to purchase a stake in the Tom Hicks-owned Liverpool team.
2 min read · 05 January 2013
Fisker Automotive has raised $65m from the Qatar Investment Authority, Kleiner Perkins Caufield & Byers and Palo Alto Investors. The capital will support the development of the company’s four-door, plug-in hybrid sports car.
2 min read · 05 January 2013
Israel's Infinity Equity has teamed again with China Singapore Suzhou Industrial Park Venture Partners, this time to back a spin-out of Hong Kong-listed technology company Digital China Holdings.
1 min read · 05 January 2013
The exit, which was made in light of Romanian regulatory changes on the horizon, came as a ‘disappointment’ to the renewable energy-focused private equity firm, which had looked forward to building the largest wind farm development in Europe.
2 min read · 05 January 2013
Israel-based Gilat has pulled out of a deal with a private equity consortium led by the Los Angeles-based firm, citing an ‘intentional breach of the merger agreement’. The company has called for payment of a $47m break-up fee.
2 min read · 05 January 2013
Abraaj Capital has invested in Turkey's Numarine to help expand the company's production facilities as it looks to take advantage of the growing market for luxury yachts in the Middle East, Asia and Eastern Europe.
1 min read · 05 January 2013
Global Investment House has purchased a controlling stake in Al Sawani and will be injecting another $100m in the company to fund its regional acquisitions.
2 min read · 05 January 2013
The Bahrain-based bank has completed what it says is France’s largest LBO this year, a secondary deal for Compagnie Européenne de Prestations Logistiques. Sagard has exited the company in a transaction valued between €550m and €600m after receiving 21 first-round bids from groups including Doughty Hanson and Goldman Sachs.
2 min read · 04 January 2013
