Private Equity
The Swiss venture firm is set to tap the public markets in a rare move, joining the ranks of larger buyout firms that came to market last year.
2 min read · 04 January 2013
The quoted Latin American firm GP Investments has closed its fourth fund on $1.3bn with partners in the firm contributing almost a third of the capital to equal Advent International's record breaking Latin offering.
3 min read · 04 January 2013
Puget Sound Energy, Washington state’s largest utility company, will be taken private in a $7.4 billion transaction by a consortium including Macquarie, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.
2 min read · 04 January 2013
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
2 min read · 04 January 2013
The venture-backed DVD rental business Lovefilm International has increased its number of subscribers to nearly a million after it acquired Amazon’s rival German and UK businesses as part of the deal.
2 min read · 04 January 2013
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 04 January 2013
The UK Chancellor has said troubled UK bank Northern Rock may elude the grasp of private bidders, despite US bank Goldman Sachs reportedly soliciting sovereign wealth funds on behalf of the government.
2 min read · 04 January 2013
A consortium involving Permira, RBS and HBoS has sold toothpaste tube manufacturer Betts Global after a nine year investment.
1 min read · 04 January 2013
The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.
2 min read · 04 January 2013
Central and eastern European buyout firm Enterprise Investors has made a ten times return on its partial exit from financial services company Magellan.
2 min read · 04 January 2013
