Western Europe

Bain Capital in largest ever South African buyout(2)

US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.

TPG joins CVC-led group for Sainsbury’s bid(2)

The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.

Baird acquires two play set makers(2)

The firm will combine the two companies—Backyard Adventures and Leisure Time Products—into one: Backyard Leisure.

Atlantic Bridge acquires Logica’s telecoms business(2)

European private equity firm Atlantic Bridge Ventures has bought Logica’s telecoms business in a deal that announces the final close of the firm’s first fund on €100m.

Blackstone leads the bidding for Apax healthcare asset(2)

Blackstone and the Wallenbergs take an early lead in the €3 billion race for Mölnlycke, a Swedish medical products manufacturer.

Apax Partners takes 27 percent stake in GFI Informatique(2)

Apax Partners has invested €56 million in a French information technology services company that is hoping to double revenues to €1bn in three to five years.

KKR, CVC consolidate European waste sector(2)

The two buyout firms are creating one of Europe’s largest waste management companies offering everything from collection and treatment of waste to recycling and consultancy.

Carlyle, BAE in nuclear submarine bid(2)

The Carlyle Group is teaming up with UK aerospace group BAE Systems to bid for a UK nuclear submarine base.

3i closes medical technology funding round(2)

3i has added its 25th healthcare business to its portfolio after closing a financing round for Glucon, a US medical technology company.

Truffle Venture makes second telecoms investment(2)

French firm Truffle Venture has added a second telecoms-focused company to its portfolio with the acquisition of MoMac, a mobile phone content business.