Bertelsmann related stories
All articles and analysis
KKR enters music industry with €250m BMG dealThe buyout firm has partnered with media conglomerate Bertelsmann to develop a global music rights management business. BMG Rights Management has contracts with artists including 80s pop band A-ha, Welsh DJ Sasha and German hip hop and reggae artist Peter Fox.
- 3i loses German head
3i Germany is losing managing director and group partner Stephen Kruemmer to ‘personal reasons’ as of tomorrow. He will be jointly replaced by current partners Ulf von Haacke and Peter Wirtz.
- Candover and Cinven to offload stake in German publisher
The two buyout firms are moving to ‘optimise the balance sheet’ of Springer Science and Business Media by selling a minority stake. Meanwhile another Candover portfolio company, DX Services, is in danger of breaching its debt covenants.
- Providence recruits Morgan Stanley veteran
Andrew Tisdale has joined media specialist Providence Equity Partners having occupied many of the key positions in the communications sector at the investment bank.
- Bertelsmann executive set to join BC Partners(3)
Ewald Walgenbach, a senior executive at German media group Bertelsmann, is in talks to join European buyout firm BC Partners.
- Bertelsmann executive set to join BC Partners(2)
Ewald Walgenbach, a senior executive at German media group Bertelsmann, is in talks to join European buyout firm BC Partners.
- Bertelsmann executive set to join BC Partners
Ewald Walgenbach, a senior executive at German media group Bertelsmann, is in talks to join European buyout firm BC Partners.
- GMT creates Europe’s biggest business information provider
GMT Communication Partners has bought a construction information business from Candover and Cinven-backed Springer Science & Business Media. The firm will merge this business with portfolio company Docu Group to create Europe’s biggest provider of business information.
- Buyout battle looms for Thomson division(2)
Some of the world’s biggest buyout firms are set to fight it out for the $3.5 billion-valued higher education division of publishing company Thomson, in the latest demonstration of private equity’s appetite for the sector.
- Buyout battle looms for Thomson division
Some of the world’s biggest buyout firms are set to fight it out for the $3.5 billion-valued higher education division of publishing company Thomson, in the latest demonstration of private equity’s appetite for the sector.