Private Equity
The sale of minority stakes in Brazilian electric transmission assets represents a cash value of $7 per share for shareholders of the publicly traded infrastructure fund, which launched in January. Analysts estimate the proceeds will give it $550m of asset purchasing power.
2 min read · 05 January 2013
The US private equity firm, formerly Sports Capital Partners, has purchased majority ownership of family-owned fashion brand Not Your Daughter’s Jeans. The firm is currently investing its $290m second fund.
1 min read · 05 January 2013
Valued by regulators at £1.8bn, the sale of the UK airport could fetch as much as £3bn for the Spanish airport investor, though much of the proceeds may go toward servicing existing debt. The announcement came less than a month after the UK’s Competition Commission published preliminary plans to force BAA to sell three of its seven airports.
2 min read · 05 January 2013
Choices Holdings, a portfolio company of the UK branch of Baird Private Equity, has acquired Scotland-based Domiciliary Care.
1 min read · 05 January 2013
Dutch billionaire media mogul ‘Joop’ van den Ende has sold 60 percent of his theatre company’s ticketing business to ING’s captive private equity arm Parcom in a transaction that will create Europe’s largest independent ticket retailer.
2 min read · 05 January 2013
The mid-market buyout firm has agreed to a refinancing package – increasingly rare given credit dislocation – for sportswear brand Odlo on terms ‘very similar’ to the senior debt agreement put in place at the time of its original acquisition in 2006.
2 min read · 05 January 2013
Simon Hitchcock will make the move to fellow UK mid-market firm Lyceum in March 2009. Lyceum has simultaneously made three investment team hires, bringing to 17 its total number of investment professionals, as it invests its £255m fund.
2 min read · 05 January 2013
JC Flowers' founder may use the First National Bank of Cainesville as a platform acquisition for other distressed and failed deposit-taking institutions, according to a regulatory filing.
2 min read · 05 January 2013
The technology-focused affiliate of venture firm Accel Partners and mega-buyout firm Kohlberg Kravis Roberts has taken a stake in Alexander Gallo Holdings. Veronis Suhler Stevenson has exited most of its minority stake as a result.
2 min read · 05 January 2013
Private equity investments in New Zealand fell by more than 90 percent in the first half of 2008, compared to the same period last year.
2 min read · 05 January 2013
