Private Equity
PAI Partners has bought a controlling stake in partially listed house-builder Kaufman et Broad from US housing group KB Home for more than €5-a-share below Kaufman’s market price last week.
2 min read · 04 January 2013
The Carlyle Group and Welsh Carson have agreed to sell USIS, a provider of “pre-employment screening solutions”, to Providence Equity Partners for $1.5 billion.
1 min read · 04 January 2013
Mid-market firm Baird Capital Partners Europe has invested £13 million in UK recruitment consultancy Aston Carter.
1 min read · 04 January 2013
PAI Partners has abandoned its joint bid with CVC Capital Partners for Spanish cigarette company Altadis. An insider said the split had been amicable in the face of opposition from the French and Spanish governments.
2 min read · 04 January 2013
ABN AMRO Capital, the private equity business of Dutch bank ABN AMRO, has bought a 74.6 percent stake in Dunlop Aircraft Tyres for about £40 million.
1 min read · 04 January 2013
Kohlberg Kravis Roberts & Co has decided to follow CVC Asia Pacific and quit the consortium bidding for Coles Group after two weeks of due diligence on the Australian retail giant. Coles shares have consequently fallen below the A$17.00 mark for the first time since April.
2 min read · 04 January 2013
3i has invested €37 million ($50.2 million) in Luxembourg business outsourcing company, KNEIP, marking a prolific 6 month period with €250 million invested in the region.
1 min read · 04 January 2013
Aberdeen Asset Management Growth Capital is using its local expertise to purchase a North Sea oil industry supplies company for approximately £15 million. Separately it is also backing a funeral services company.
2 min read · 04 January 2013
Emerging private equity market investor Actis has made over $1 billion from the sale of power assets held by Globeleq, a subsidiary of UK investment group CDC, through two transactions.
1 min read · 04 January 2013
UK buyout firm Charterhouse Capital Partners has agreed a secondary buyout of TSL Education, the educational publishing business that was Exponent Private Equity’s first acquisition as an independent entity.
2 min read · 04 January 2013