Private Equity
Restructuring specialists have been called in to help Orchid, a pub and restaurant chain with nearly 300 UK locations. Since GI Partners paid £571m for the company in 2006, trading conditions for the UK pub sector have significantly worsened.
2 min read · 05 January 2013
The global buyout firm will eliminate 100 jobs and close its Menlo Park office to adjust to the contractions in global financial markets. It recently closed its Warsaw office and eliminated its Asian leveraged finance team.
2 min read · 05 January 2013
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
A consortium including KKR, Carlyle and Cardinal Asset Management has reportedly tabled a €3bn bid to be part of Ireland’s first bank bailout. JC Flowers is also reportedly in the running to recapitalise Ireland's oldest bank.
1 min read · 05 January 2013
RJD received four ‘competing offers’ to refinance portfolio fund administrator IPES. It picked Lloyds TSB in what partner Duncan Johnson described as a ‘no brainer’. The firm purchased the company in September for £25m.
1 min read · 05 January 2013
The private equity firm, formed by several angel investors, purchased the Yahoo unit for an undisclosed amount. Yahoo bought Kelkoo, an online shopping engine, for $576m in 2004.
1 min read · 05 January 2013
The virtual mobile network operator, which uses advertising revenue to provide young people with free mobile services, will use the funding to pursue its international expansion.
1 min read · 05 January 2013
Ganymed pharmaceutical has now raised €117m from mostly German private equity firms to develop its cancer drugs pipeline.
1 min read · 05 January 2013
Communications company IPC Systems, exited by GS Capital for $800m in 2006, has sold off its emergency call-focused group to West Corporation.
1 min read · 05 January 2013
The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.
2 min read · 05 January 2013
