Private Equity
A consortium led by Edmund Truell has sold the operating businesses of UK retailers Threshers and BrightHouse to secondaries specialist Vision Capital, just two weeks after buying them. The £265 million sale will leave the consortium in control of the companies’ pension fund assets.
2 min read · 04 January 2013
London-based firm HgCapital has sold two software companies to US buyout firm Hellman & Friedman for an enterprise value of £500 million. The price is thought to represent a market multiple of four times.
2 min read · 04 January 2013
European buyout firm 3i has bought Eltel Networks, a Nordic electricity and telecommunications business, from Industri Kapital. The sale, which generated a return of nearly 2.5 times IK’s original investment, is the latest in a series of lucrative exits for the Nordic buyout firm.
1 min read · 04 January 2013
Actis has taken a minority stake in Nigeria-based Diamond Bank, shortly after the country’s scandal-dogged elections. But despite the governance concerns, buyout firms are optimistic about the country’s economic and political future.
2 min read · 04 January 2013
A consortium led by Edmund Truell has sold the operating businesses of UK retailers Threshers and BrightHouse to secondaries specialist Vision Capital, just two weeks after buying them. The £265 million sale will leave the consortium in control of the companies’ pension fund assets.
2 min read · 04 January 2013
US buyout firm Summit Partners has taken a minority stake in private internet sale company Vente-Privee.com, as European internet companies show signs of recovery following European venture capitalist Index Ventures’ successful sale of Last.fm to US television network CBS.
1 min read · 04 January 2013
European buyout firm Apax Partners has bought InfoPro Communications, a French provider of business information, from TowerBrook Capital Partners, generating a return of three times for TowerBrook.
1 min read · 04 January 2013
Actis has taken a minority stake in Nigeria-based Diamond Bank, shortly after the country’s scandal-dogged elections. But despite the governance concerns, buyout firms are optimistic about the country’s economic and political future.
2 min read · 04 January 2013
US buyout firm Summit Partners has taken a minority stake in private internet sale company Vente-Privee.com, as European internet companies show signs of recovery following European venture capitalist Index Ventures’ successful sale of Last.fm to US television network CBS.
1 min read · 04 January 2013
Mid Europa Partners and France Telecom have bought Austrian mobile operator One for €1.4 billion. The deal is the biggest industrial leveraged buyout in Austria to date.
1 min read · 04 January 2013
