Private Equity
At least three private equity firms are reportedly preparing bids for Foxtons, a UK estate agency valued at more than £400 million, as founder Jon Hunt prepares to sell his stake in the business.
1 min read · 03 January 2013
The US buyout group has board approval to de-list ServiceMaster in one of the largest single-sponsor public to privates, although the three lending banks on the deal have each taken a small slice of equity.
2 min read · 03 January 2013
3i has beaten heavyweight opposition to land its first deal in central and eastern Europe, and is aiming high after launching a new team dedicated to the region.
2 min read · 03 January 2013
European private equity firm Bridgepoint has made its second German investment of 2007 and has sold one of its portfolio companies.
1 min read · 03 January 2013
Mid market buyout firm Sovereign Capital Partners has sold insurer CMGL for £32 million.
1 min read · 03 January 2013
Deutsche Bank’s infrastructure division has reportedly reached the final stage in the auction of Montagu Private Equity’s UK recycling and waste management firm Cory Environmental.
2 min read · 03 January 2013
3i-backed AviaPartner has bought cargo-handling company Aero Groundservices from Dutch shareholder VCK Holding. The deal is part of 3i’s growth strategy for the company that it bought in 2005.
1 min read · 03 January 2013
UK retailer Marks & Spencer has ruled out an imminent bid for supermarket chain Sainsbury, removing a major obstacle to a potential offer from the CVC-led buyout consortium eyeing the company.
2 min read · 03 January 2013
UK mid-market firm Iceni Capital has closed three deals in one day , buying marketing services company Pell & Bales, and two communications companies that it has merged into one group.
1 min read · 03 January 2013
UK-based mid-market firm Dunedin Capital Partners has exited two of its portfolio companies in as many weeks, creating money multiples of 4.3 times and 3.6 times.
1 min read · 03 January 2013
