Private Equity
August Equity has sold InterMed Holdings, an anaesthesia equipment maker, to US healthcare specialist Altaris Capital Partners. The UK mid-market firm has been able to revive the fortunes of the company after a difficult start to its period of ownership.
2 min read · 04 January 2013
Royal Bank of Scotland’s private equity arm has put Southern Water up for sale with a price tag of about £4 billion. The UK utility is likely to attract a number of potential suitors.
2 min read · 04 January 2013
The private equity arm of German insurance giant Allianz is the new owner of 150,000 vending machines across Europe.
1 min read · 04 January 2013
The TPG-led consortium has pulled out of the bidding for a minority stake in Alitalia as sources close to the deal blamed government regulation for making it impossible for the consortium to takeover the company.
2 min read · 04 January 2013
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
2 min read · 04 January 2013
US buyout firm Great Hill has taken an undisclosed stake in a US consulting business, amid growing demand for business and financial advisory services.
2 min read · 04 January 2013
The New Jersey, KKR-backed firm has joined with Raymond James to invest in graduation and marathon photographers Chappell Studio and Bob Knight Photomarketing.
2 min read · 04 January 2013
Bridgepoint has won the $343 million auction for GDT, an aerospace component maker, generating a big return for previous owner Stirling Square Capital Partners.
2 min read · 04 January 2013
The dramatic bidding war for logistics company EGL has seemingly come to a close: Apollo’s $2 billion bid – nearly 32 percent higher than the first bid made for the firm – has been board-approved, while the competing, Centerbridge-backed group was paid a $30 million break-up fee.
1 min read · 04 January 2013
Hermes Private Equity has sold Walbrook Group to Barclays Bank with an IRR of around 35 percent and with a multiple of 3 times.
1 min read · 04 January 2013
