Private Equity
Carlyle may opt to sell its stake in Avio, an Italian aerospace engine manufacturer, despite appointing three investment banks to arrange a flotation on the Milan stock exchange earlier this year.
2 min read · 03 January 2013
US food group Kraft has bought the southern European division of United Biscuits, five months after Goldman Sachs was appointed to carry out a strategic review of the biscuit and snacks manufacturer.
2 min read · 03 January 2013
Permira and Barclays Capital have matched a rival consortium’s 1,030 pence per share offer rejected by UK housebuilder McCarthy & Stone last week.
1 min read · 03 January 2013
Warburg Pincus and Cinven, the US and European private equity firms, have won a €2.6bn auction to buy Essent Kabelcom, a Dutch cable operator, following the withdrawal of Liberty Global, a US cable business.
3 min read · 03 January 2013
The Cleveland, Ohio-based firm’s microcap fund, which is targeting companies with EBITDA of less than $3m, has made four acquisitions in less than a month.
2 min read · 03 January 2013
KKR, Bain Capital and Merrill Lynch will buy HCA, a hospital chain, and take on its $11.7bn of debt, making it the largest leveraged buyout in history.
2 min read · 03 January 2013
Auctus Management, a German mid-cap private equity manager, has generated more than €100m and an 18 times money multiple on the €250m sale of Time Partner, a temporary staffing business, to Investcorp.
2 min read · 03 January 2013
CVC Capital Partners has sold Danish building materials retailer DT Group for €1.5bn, three years after acquiring the business in a €540m public-to-private.
2 min read · 03 January 2013
European buyout firm Permira looks to make it third time lucky with McCarthy & Stone, a UK housebuilder, after losing out on UK public-to-private bids for HMV, a music retailer, and DeVere Group, a hotel chain.
1 min read · 03 January 2013
The two European buyout groups have taken a partial exit on their investment in Holmes Place, a European fitness chain, selling the UK business to rival Virgin Active.
2 min read · 03 January 2013
