BC Partners related stories
All articles and analysis
Committee critics ignore local buyout successesSome members of the UK Treasury Select Committee who have fiercely criticised private equity may be disregarding the industry’s successes on their own doorsteps. PEO offers a briefing note on some of the cases the MPs may have missed.
- Maxeda sells Hema to Lion Capital for €1.1bn
Private equity-owned Maxeda has disposed of Hema, selling the Dutch department store to retail specialist Lion Capital. Maxeda continues to prove a successful investment for the consortium of KKR, Cinven, AlpInvest and Permira that recapitalised the retail group last year.
- HBOS to enter £300 million Erinaceous contest
A bidding war is expected to break out for property services company Erinaceous, as HBOS is reported to be the fourth group interested in making an offer. It may be joined by property entrepreneur Tom Hunter’s investment vehicle.
- Quadrangle opens in London
US media and communications investment firm Quadrangle has opened its doors in London, passing 3i, CVC Capital Partners and BC Partners, which have all started New York operations recently.
- New Look sale falters
Apax Partners and Permira, the private equity owners of UK fashion chain New Look, have reportedly pushed back the deadline of the auction to sell the business after failing to attract suitable offers.
- BC Partners in talks to buy £400m Foxtons
European buyout firm BC Partners has entered exclusive talks with UK property firm Foxtons. BC Partners is believed to have fended off private equity rivals TA Associates and 3i to reach the talks alone.
- BC Partners buys Foxtons
BC Partners has bought Foxtons for approximately £400 million (€585 million, $790 million) after a six month bidding process.
- London shops go large in New York(2)
CVC, 3i and BC Partners all have recently opened up major new offices in New York City, indicating the growing global influence of UK-based private equity franchises.
- Wolseley shares leap on Cinven report(2)
Shares in building supplies group Wolseley rose as much as 8 percent this morning following reports that buyout firm Cinven is preparing a bid for the company, but Wolseley has denied receiving any approach.
- Macquarie and BC Partners join for Techem(2)
Macquarie Bank has teamed up with rival BC Partners to takeover Techem in Germany’s first ‘hostile’ public-to-private.