Private Equity
The sale of Rovtech, a supplier of remotely operated vehicles to the oil and gas industry, has generated an IRR of 26.5% for 3i, which originally invested in the business in 1996.
1 min read · 03 January 2013
Cinven, a European private equity firm, has capped a busy month that has seen it invest in over €8bn of transactions with the purchase of Avio, an Italian aerospace engine maker, from owners The Carlyle Group and Finmeccanica.
2 min read · 03 January 2013
Swedish healthcare company Capio has rejected a €1.67bn unsolicited offer by private equity firms Apax Partners and Nordic Capital.
2 min read · 03 January 2013
GI Partners, a private equity firm focused on asset-backed investments, is thought to be among those making an approach for the European factory outlet centre developer.
2 min read · 03 January 2013
Shah Capital Partners, a California-based private equity firm, has led an investor group in the $170m purchase of Thales Navigation from the French defence and aerospace group.
2 min read · 03 January 2013
Specialised Petroleum Services, a Scottish oil and gas services company, is 3i’s second disposal in the sector this week, fetching $165m in a sale to M-I Swaco, a US-based drilling and waste management business.
1 min read · 03 January 2013
Debates over policy and board constitution have derailed plans for CVC to take Chenming private.
1 min read · 03 January 2013
Barclays Private Equity, the private equity arm of the UK bank, has sold Gaucho Grill to Phoenix Equity Partners, a rival UK mid-market firm, for £55m.
2 min read · 03 January 2013
3i, a London-listed private equity firm, has sold CH4 Energy, a UK oil and gas business it provided seed capital to in 2002, generating a 7.3 times money multiple and an IRR of 105%.
2 min read · 03 January 2013
Providence Equity Partners and Doughty Hanson, two buyout firms, will buy the Caudwell Group, a UK mobile telephony group which owns the Phones 4 U brand, for £1bn.
1 min read · 03 January 2013
