Private Equity
Nordic buyout firm EQT Partners is to float Tognum, an engineering company it bought in March last year, on the Frankfurt Stock Exchange. It will be the largest IPO in Germany in seven years.
1 min read · 04 January 2013
The staff of UK-based Saga will receive a £280 million ($560 million, €416 million) payout following the company’s merger with the AA, a UK vehicle breakdown service. The chief executive of the newly formed group, Andrew Goodsell, plans to lead the company into the FTSE 100.
2 min read · 04 January 2013
VCT manager Close Ventures has invested £1.5 million in UK software company Process Systems Enterprise.
1 min read · 04 January 2013
The Carlyle Group is adding a healthcare services provider to its portfolio, in the midst of several weeks of whirlwind activity.
2 min read · 04 January 2013
UK buyout firm Candover is considering whether to step up negotiations with trade buyer Marel in an attempt to salvage its bid for Dutch industrial group Stork, after the Icelandic group built up its stake to 19.6 percent.
2 min read · 04 January 2013
US buyout firm Kohlberg Kravis Roberts was left seeking new equity partners for its £11 billion buyout of Alliance Boots, after UK buyout firm Terra Firma was forced to withdraw its plan to take an opportunistic £250 million stake.
2 min read · 04 January 2013
The New York-based private equity firm predicts that the acquisition of the military recruiting and consulting firm Orion will create synergies with its other portfolio companies.
2 min read · 04 January 2013
The record debt package financing Kohlberg Kravis Roberts’s landmark £11 billion acquisition of Alliance Boots is proving attractive to debt investors. The buyout firm began its roadshow yesterday.
2 min read · 04 January 2013
The French private equity firm has rolled over its investment in Sebia, a diagnostics business, while mezzanine provider Intermediate Capital Group has stepped up its exposure.
1 min read · 04 January 2013
3i’s US arm has bought a stake in a Bermuda-based hedge fund administrator, in the latest move in an active year for the firm.
2 min read · 04 January 2013