Bertelsmann

The firm, which acquired the music rights management company in 2009, has sold its stake to media conglomerate and co-owner Bertelsmann.

The 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.

Ewald Walgenbach, a senior executive at German media group Bertelsmann, is in talks to join European buyout firm BC Partners.

Ewald Walgenbach, a senior executive at German media group Bertelsmann, is in talks to join European buyout firm BC Partners.

German media giant Bertelsmann has launched a new €1 billion buyout fund in conjunction with Citigroup and Morgan Stanley, to target “significant scale” deals. The first of these may already be in the pipeline.

The Blackstone Group sold CD and DVD direct retailer Columbia House to media company Bertelsmann for $400m.

The German publisher has reduced the number of bidders for its science publishing unit to three groups, with Apax, Candover, CVC and Blackstone still in the running.

Following their E600m joint acquisition of Dutch publisher KAP, the two private equity houses look set to bid for Bertelsmann’s E1bn science publishing unit.

Private equity's realisation drought may prove more of a headache for LPs than their GPs. Plus: ADIA appoints a new Americas PE head; and why China's fundraising outlook seems a little brighter. Here's today's brief, for our valued subscribers only.

Achim Berg will join the US growth equity firm in April to support its companies both in Germany and globally.

Bhavanipratap Rana will establish the UK-based venture capital firm’s presence in the country

The US-based firm has sold the photo provider for $800 million to Adobe

This will be the last investment from KKR’s European Fund III

The investment was made from Amadeus’ IV Digital Prosperity Fund, which held a $75m first close last July.

Kohlberg Kravis Roberts has agreed to a $3.9bn deal for manufacturer Gardner Denver, an industrial products manufacturer that announced a ‘restructuring initiative’ to lower costs last year.

Kohlberg Kravis Roberts has agreed to a $3.9bn deal for manufacturer Gardner Denver, an industrial products manufacturer that announced a ‘restructuring initiative’ to lower costs last year.