Private Equity
The Los Angeles-based firm has purchased a 17% stake in the Nasdaq-listed organic foods grocer, which has struggled amid cutbacks in consumer spending. Leonard Green is investing from its fifth private equity fund, which closed last year on $5.3bn.
2 min read · 05 January 2013
The firm has purchased Enara and First Call in a nascent buy-and-build play in the UK home care market. Last spring, August exited residential care company Healthcare Homes after eight add-ons.
1 min read · 05 January 2013
The clinical-stage pharmaceuticals company, now conducting human clinical trials, has added new investor Nomura Phase4 Ventures to its roster of venture backers in the $93m final tranche.
1 min read · 05 January 2013
Archer’s first offer to de-list MYOB in January was rejected as too low at A$1.90 per share; the current offer is for A$1.15 per share.
1 min read · 05 January 2013
The mid-market private equity firm has exited Ilchester Cheese in a sale to Norway’s largest milk co-operative. The fourth exit from Ilchester’s 2003 buyout fund netted an IRR in the mid-20 percent range.
1 min read · 05 January 2013
The UK mid-market private equity firm sold its stake in trucking company Transports Alloin to a Swiss logistics group that is looking to expand in France.
1 min read · 05 January 2013
Completion of the deal with an enterprise value of €4.5bn comes four months after Italy’s Pirelli Real Estate and RREEF said they were among a quartet of investors buying a 49 percent stake in German department store joint venture.
1 min read · 05 January 2013
The German commercial real estate lender is the first private sector group to ask for help from Germany’s €500bn bailout fund as it waits for the arrival of a previously agreed €50bn rescue package.
1 min read · 05 January 2013
Hypo Real Estate has provided a €46.9m loan to RREEF’s DB Real Estate Iberian Value Added fund to refinance the acquisition of the Penha Longa Hotel, Spa & Golf Resort.
1 min read · 05 January 2013
Six modernist housing estates in Berlin, including one owned by Pirelli Real Estate and the private equity real estate arm of Deutsche Bank, have been given the same protection as the Great Wall of China and the Great Barrier Reef after being named a World Heritage site by Unesco.
1 min read · 05 January 2013