Private Equity
The US private equity firm will relinquish its remaining 24 percent stake, currently valued at roughly $103 million, in NASDAQ-listed Great Lakes Dredge & Dock. The Illinois-based dredging company was acquired by Madison Dearborn for $340m in 1998.
2 min read · 05 January 2013
The middle market specialist has completed its acquisition of Midlands-based Accura Support Services in a buy-in management buyout from Barclays Ventures.
1 min read · 05 January 2013
The Los Angeles-based buyout shop has sold floral delivery business FTD Group to United Online for roughly $754m in cash and stock, four years after purchasing the business in a $422m take-private. The deal value is roughly $46 million below the original announced purchased price.
1 min read · 05 January 2013
The British private equity group has reportedly entered exclusive negotiations to buy a 30.6 percent stake in Slovenia’s biggest bank following Blackstone’s withdrawal from the auction.
2 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
The mid-market turnaround specialist has backed the buyout of Crown Paints from Dutch conglomerate Akzo Nobel in a deal fully underwritten by Endless’ second £164m fund. The deal value, though not disclosed, was lower than the reported £70m.
2 min read · 05 January 2013
The turnaround investor now holds 75 percent of Wagon following a €47m special rights offering. London Stock Exchange-listed Wagon designs vehicle structures for brands including Peugeot, Renault, Daimler and Volkswagen.
1 min read · 05 January 2013
The global public markets are proving a fruitful hunting ground for private equity buyers. Swedish group Gunnebo is the latest company to move into private hands.
1 min read · 05 January 2013
Paris-based specialty pharmaceutical company SpePharm will use €10m to fund the acquisition of a Proctor & Gamble product.
1 min read · 04 January 2013
The San Francisco private equity firm has purchased a majority interest in the Italian restaurant chain from casual dining operator Brinker International. Brinker will retain a 19.9 percent stake in the chain, which it had been shopping for roughly a year.
1 min read · 04 January 2013
