Epiris related stories
All articles and analysis
Duke Street sells Lil-lets to ElectraElectra Private Equity, the revamped UK-listed trust, marks its return to full-scale investing in an £80m buyout of femine hygiene company Lil-lets.
- Steadfast drives 4x auto industry exit
The Nick Money-Kyrle led private equity firm has agreed to its second big exit of the year, scoring a 4.2x return on its 2006 investment in FEP Fahrzeugelektrik Pirna.
- LDC set to trump last year’s investment total
LDC, the private equity division of Lloyds Banking Group, has continued its prolific deal spree having sealed its eleventh investment this year, and is on track to surpass last year’s total.
- Steadfast Capital collects €104m for Fund III
The Frankfurt-based firm, formerly known as BHF Private Equity, is targeting €250m for its third fund that will invest in mid-sized businesses in Europe.
- Electra poaches partner from UK rival
Private equity fund manager Electra Partners has appointed Chris Hanna from rival Phoenix as an investment partner, as the firm eyes further hires to boost its headcount.
- HIG bags Bezier using debt for equity swap
HIG Europe has won control of struggling marketing company Bezier using a debt for equity swap, an increasingly common tool for sponsors acquiring distressed assets from banks.
- Silverfleet slices up sausage deal
Electra Partners becomes the fourth financial sponsor to own a portion of German sausage casing manufacturer Kalle.
- Duke Street in Simple 2.7x exit
The UK private equity firm has sold popular UK facial skincare brand Simple for £240m. It previously sold a non-core division to Electra for £80m.
- Electra spin-out launches environmental infra fund
London-based smaller companies investor Acuity looks to raise £100m for a vehicle predicated on local authorities having to meet government targets on organic waste recycling.
- Life after leverage
Mega-firms with dry powder are breaking the LBO mould to get deals done, writes Toby Mitchenall.