Cinven related stories
All articles and analysis
TDR in exclusive talks for Luminar barsThe UK buyout firm is moving from restaurants with the planned sale of its stake in Gondola to late-night bars with possible acqusition of Luminar’s unwanted Jumpin’ Jaks and Chicago Rock chains.
- Private equity dines out
The UK restaurant sector has seen more than £1 billion in private equity transactions in the last month. Private equity’s appetite for eating out assets is, as yet, undiminished. By Robert Venes.
- Gondola mulls swift return to private ownership
Cinven, a European buyout group, has made an unsolicited offer to the owner of pizza chains Pizza Express and ASK to take it private in a £559m deal, less than a year after floating.
- Allianz exits Four Seasons for £1.4bn
Allianz Capital Partners has sold UK care homes provider Four Seasons Healthcare to an investment fund of the Qatar Investment Authority, despite interest from 3i and Terra Firma Capital Partners.
- Lovells makes two hires for London
Lovells is rebuilding its London private equity practice with the hire of two partners following the departure of private equity head Marco Compagnoni earlier this year.
- Endemol lines up bidders for €1.8bn buyout
A press report suggests the hit TV producer is having meetings with six buyout firms ahead of starting a formal auction.
- 3i eyes £300m bid for SMG
SMG, a Scottish media group with radio and television assets, is reportedly interested in pursuing private equity bids despite a merger proposal from smaller rival UTV.
- Charterhouse to reap £500m on Saga refinancing
Charterhouse is set to return £500 million to shareholders with a refinancing carried out by Merrill Lynch less than two years after acquiring the over-50s insurance and leisure group.
- Permira to sell Travelodge for £650m
Permira is reportedly selling its budget hotel chain Travelodge for approximately £650m, with Dubai International Capital likely to win the race after entering into exclusive talks with the European buyout firm.
- Place your bets
Hermes Private Equity has followed buyout firms Permira, Cinven and BC Partners into the European gaming, or gambling, sector. Robert Venes reports.