Private Equity
French IT firm Atos has denied receiving a €4 billion buyout offer from Permira and US hedge fund Centaurus Capital, in what would be an unusual example of a private equity firm and a hedge fund working together to take a company private.
2 min read · 03 January 2013
Icelandic investor FL Group has bought the French soft drinks business Sun Beverages for an undisclosed sum, its third bolt-on acquisition in two months for expanding portfolio company Refresco.
1 min read · 03 January 2013
CCMP Capital Advisors, a US-based buyout firm with a long track record in Asia, has won the €685m auction for BOC Edwards, a vacuum equipment business with a large customer base in the region.
2 min read · 03 January 2013
US and UK-based GI Partners has backed a £440 million secondary buyout of Park Resorts, a UK caravan park operator. The deal has generated a 47 percent internal rate of return for vendor ABN AMRO Capital.
2 min read · 03 January 2013
Alliance Boots has rejected a £10 billion buyout proposal from Kohlberg Kravis Roberts following a board meeting today, after heavy trading saw its shares climb higher than the mooted bid level this morning.
2 min read · 03 January 2013
Industri Kapital, a Nordic buyout firm that is preparing to hit the fundraising trail, has taken advantage of the red-hot market for European housebuilders by selling Swedish-based Prevesta for €204 million. The sale will generate a return of more than ten times IK’s initial investment.
2 min read · 03 January 2013
Nordic private equity firm CapMan has bought market intelligence company Novintel, including a minority stake previously owned by UK-listed private equity firm 3i. It is 3i’s second Nordic exit of 2007.
1 min read · 03 January 2013
The New York-based firm has decided to appoint Ford Motor Company veteran Sir Nick Scheele as the chairman of the board of Key Safety Systems.
1 min read · 03 January 2013
HgCapital has completed its exit from the Hirschmann Group, selling the car communication division to management for an undisclosed sum.
1 min read · 03 January 2013
HgCapital’s renewable energy team, which recently closed a dedicated fund, has made its first investment outside the wind energy sector, backing a German biogas project called Aufwind.
1 min read · 03 January 2013