Western Europe

NBGI makes second big exit this week

UK firm NBGI Private Equity has completed a second lucrative exit in two days, this time via the public markets. The flotation of UK-based Superglass means the firm continues to reward investors in its 2000 vintage debut fund with big returns.

Terra Firma offloads 50% holding in German motorway service operator(2)

The UK firm has retained an interest in Tank and Rast Holding rather than selling it outright, after striking a deal to sell 50 percent to the infrastructure division of Deutsche Bank for a reported €1.2 billion.

Cinven pays €675m for second hospital operator in a month(3)

The European buyout firm has made its second foray in a month into the healthcare sector - this time to buy a Spanish independent healthcare provider - exploiting a rich vein of experience in the firm stretching back a decade.

London VCs invest $8m in Daylife(3)

New York-based news aggregation site Daylife has raised $8 million from two UK venture capital firms, in the latest example of US start-ups taking funding from VCs based in London rather than Silicon Valley.

Duke Street fights tooth and nail for Oasis(3)

London-based Duke Street Capital has amassed a 34 percent stake in Oasis Healthcare and increased its bid to £88.2 million, as the battle for the UK’s biggest dental business heats up.

Esprit provides extra backing for Xanadu

The European venture firm has increased its investment in Xanadu Wireless, a Dutch semiconductor business that is looking to revolutionise the wireless sensor market.

Lyceum exits nurseries business(3)

Mid-market private equity firm Lyceum Capital has completed a successful exit from UK nurseries business Asquith, after boosting earnings by 200 percent and increasing the workforce by more than half.

Carlyle bolsters aerospace and defence portfolio(2)

Transportation communications and systems engineering company ARINC s to be purchased by The Carlyle Group, which this week has been linked with nearly $30 billion in deals and a $300 million Euronext listing.

Sovereign completes latest Kinetics bolt-on(3)

Sovereign Capital has continued its buy-and-build strategy for Kinetics Group, the maintenance business it created earlier this year, with the £7.25 million bolt-on acquisition of gas maintenance company TA Horn.

Carlyle bolsters aerospace and defence portfolio

Transportation communications and systems engineering company ARINC s to be purchased by The Carlyle Group, which this week has been linked with nearly $30 billion in deals and a $300 million Euronext listing.