ICG related stories
All articles and analysis
ICG bolsters management boardThe European mezzanine provider has announced four promotions to its senior management team, effective immediately.
- AXA completes first deal from Fund III
Larivière is the first investment made from the AXA LBO Fund III since its final close last month.
- ICG’s Bartlam to retire in April
Tom Bartlam, the co-founder and managing director of publicly listed UK mezzanine provider ICG, has announced his decision to retire in April.
- Palamon makes 6x cash on Italian sale
Palamon Capital Partners is understood to have made a profit of around six times cash invested from the sale of its stake in Italian software provider TeamSystem to Bain Capital and management.
- Bridgepoint buys 1st Credit in secondary MBO
Bridgepoint has purchased a majority stake in debt collection agency 1st Credit from UK private equity house Gresham.
- European mezz investment slows
While the use of mezzanine funding in non-buyout deals increased by 60 percent, the overall European level of mezzanine investment dropped to €985m in the first half of 2004.
- 3i sells pet stake, floats electronics firm
In the second largest UK retail buyout of the year, Bridgepoint has acquired Pets at Home for £230m, providing over 3.5x return for 3i, which has also realised £60m from the IPO of electronic components group e2v technologies.
- Bartlam becomes new chairman of PIP
Tom Bartlam, founder and managing director of UK-based mezzanine provider Intermediate Capital Group, has been appointed chairman of Pantheon International Participations (PIP).
- Commerzbank chairman joins ICG
Martin Kohlhausen, one of the most senior figures in German banking, has been appointed to Intermediate Capital Group’s board of non-executive directors.
- Lehman Brothers closes €750m mezz fund
The global investment bank has announced the final closing of its debut mezzanine fund dedicated to Europe, ahead of its €500m target.