Private Equity
The private equity firm purchased the company, John Maneely, for roughly $500m in 2006 and then merged it later that year with a Canadian steel company in a $1.5bn deal. During Carlyle's ownership, the company increased sales from $2.2bn to $3bn.
1 min read · 04 January 2013
The lower mid-market firm has sold German automotive and aerospace engineering consultant, IndustrieHansa, for an undisclosed sum, just two years after acquiring it. The buyer was Findos Investor, a fund backed exclusively by German family-owned companies.
1 min read · 04 January 2013
The emerging markets specialist has sold its stake in Uganda Microfinance Limited to Kenya-based Equity Bank, as it nears a $200m first close on its $400m Pan-African fund.
2 min read · 04 January 2013
The Bahrain-based bank has completed what it says is France’s largest LBO this year, a secondary deal for Compagnie Européenne de Prestations Logistiques. Sagard has exited the company in a transaction valued between €550m and €600m after receiving 21 first-round bids from groups including Doughty Hanson and Goldman Sachs.
2 min read · 04 January 2013
CHAMP Private Equity will reportedly sell United Malt and International Energy Services, as it plans to hit the fundraising track for its third buyout fund.
1 min read · 04 January 2013
The global private equity firm has purchased a minority stake in Amscan Holdings from private equity firms Berkshire Partners and Weston Presidio as well as management, all of which remain shareholders.
2 min read · 04 January 2013
Madrid-based infrastructure and real estate developer Accion is selling a 75 percent stake in its funeral services company, valuing the business at €330m.
1 min read · 04 January 2013
The US private equity firm will add a second struggling German bank to its portfolio, purchasing a 91 percent stake in business bank IKB, which entered into an 'existential crisis' in July 2007.
2 min read · 04 January 2013
The Canadian pension and the infrastructure platform of investment bank Morgan Stanley have each acquired 50 percent of Chile’s second largest electric energy company.
2 min read · 04 January 2013
The Moscow-based asset management firm has revealed an equity investment in Lion Capital’s buyout of Russian Alcohol Group. Boris Fedorov, the former Russian minister of finance and co-founder of UFG, will join the board of the Russian vodka giant.
1 min read · 04 January 2013