Private Equity
UK leisure group Whitbread has bought Graphite Capital's Golden Tulip hotel franchise for £44 million, tripling the mid-market firm's return. The business has nine hotels under development.
1 min read · 04 January 2013
European buyout firm Advent International has bought domestic goods insurer Domestic & General in one of the first public to private deals since problems in the debt markets began.
1 min read · 04 January 2013
UK private equity contrarian Jon Moulton has personally funded a purpose-built private drug addiction treatment centre in Kent.
2 min read · 04 January 2013
The European mid-market firm found plenty of trade buyers to give the UBS-run auction competitive tension, despite a lack of financial sponsors ready to pay €1.55bn for the asset.
2 min read · 04 January 2013
Structured equity provider Hutton Collins has taken a stake in Everest allowing a partial exit for the company’s owner Brian Kennedy.
1 min read · 04 January 2013
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
1 min read · 04 January 2013
Conduit Capital Partners has sold three hydroelectric power plants in Mexico, the firm’s second successful exit this year from its 1999 vintage fund.
2 min read · 04 January 2013
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
1 min read · 04 January 2013
Virgin Active, the Bridgepoint and Permira-backed UK gymnasium, is considering appointing an adviser to sell the company next year.
1 min read · 04 January 2013
The TPG Capital-BA consortium has secured a team of banks to underwrite its bid for Spanish airline Iberia, after the chief executive of the UK airline Willie Walsh said the bid would be tabled within four to six weeks.
2 min read · 04 January 2013