Private Equity
Tragus, a UK restaurant chain backed by The Blackstone Group, has bounced back from the disappointment of losing out in the battle for La Tasca with the acquisition of UK restaurant chain Strada for £140 million. It is the latest buyout deal in the popular UK restaurant sector.
2 min read · 04 January 2013
Guy Hands’ buyout firm is creating the world’s third largest airplane leasing company with an enterprise value of around $7.5bn by merging Pegasus and AWAS, an existing portfolio company.
1 min read · 04 January 2013
Alistair Baillie, industry veteran and founder of IPH, a port infrastructure vehicle, has sold to Global Infrastructure Partners for an undisclosed sum.
1 min read · 04 January 2013
Underlining the importance of intellectual property rights, Gilde Buy-Out Partners has purchased Novagraaf, a specialist in the growing market, from rivals Alpinvest and Halder
1 min read · 04 January 2013
TPG has reportedly acquired Indonesian Bank Tabungan Pensiunan Nasional as the US buyout firm increases its investments in the country.
2 min read · 04 January 2013
GMT Communication Partners has bought a construction information business from Candover and Cinven-backed Springer Science & Business Media. The firm will merge this business with portfolio company Docu Group to create Europe’s biggest provider of business information.
1 min read · 04 January 2013
Ontario Teachers’ Pension Plan has continued its recent flurry of deal-making, buying two Chilean water supply and sanitation companies from Southern Cross Group.
2 min read · 04 January 2013
Jupiter Asset Management, a UK fund manager recently bought out by management and TA Associates, has hit back at criticism of the £425 million “covenant-lite” loan it will use to finance the deal. The controversial structure, which was pioneered in the US but is now crossing over into Europe, removes many of the traditional protections for lenders.
2 min read · 04 January 2013
3i’s investment in Advanced Power marks another deal in the busy oil and gas sector as buyout firms attempt to profit from the rising demand for energy.
2 min read · 04 January 2013
Permira is buying Hayley Conference Centres through Principal Hotels for a total £358 million (€528 million; $711 million) as 3i exits from its 48.5% stake.
1 min read · 04 January 2013
