Private Equity
The UK- and Italy-focused Merrill Lynch spin-out will pay £17m for a 40% stake in Panmure Gordon, a 133-year-old mid-cap stockbroker and investment bank.
2 min read · 05 January 2013
A £30m management buyout of hardware retailer Robert Dyas has been finalised. It draws a line under a six month restructuring dialogue and sees Change Capital walk away from its £28m investment.
1 min read · 05 January 2013
The growth capital firm has led a €15m funding round into members-only shopping website BuyVIP which sells discount designer goods.
1 min read · 05 January 2013
The US firm has been deploying cash consistently throughout the past month, most recently having invested $160m to acquire the ice-making business of Manitowoc. It is also set to exit electronic payment firm Metavante, which will be merged with Fidelity National Information Services to create a $10bn enterprise.
2 min read · 05 January 2013
The Chicago-based private equity firm’s $200m acquisition of Entertainment Rights’ subsidiaries gives it control over popular children’s characters like Frosty the Snowman, He-Man and Casper the Friendly Ghost.
1 min read · 05 January 2013
A drastic drop in year-on-year deal value is 'less a judgement on private equity as an investment class but instead reflects events beyond our control', according to the New Zealand Private Equity & Venture Capital Association.
2 min read · 05 January 2013
The Australian Stock Exchange-listed infrastructure fund said that the Dalrymple Bay Coal Terminal in Queensland has attracted interest ‘at both the minority and 100 percent level’.
1 min read · 05 January 2013
Leverkusen-based TMD Friction, which for six years was owned by UK buyout firm Montagu Private Equity, has now been bought out of bankruptcy by UK-based asset management firm Pamplona, saving 3,800 jobs.
1 min read · 05 January 2013
Canadian online parenting platform Kaboose has sold its UK operations, Bounty Group, to Barclays Private Equity as well as around $18m worth of US assets to Disney Online. The media firm said it had had 'a difficult year'.
1 min read · 05 January 2013
The government’s auto industry task force rejected a restructuring plan put forth by Cerberus Capital Management-backed Chrysler as part of its government bailout. The task force said a quick restructuring in bankruptcy may be the company's best chance for survival.
3 min read · 05 January 2013
