Investcorp related stories
All articles and analysis
Italian buyouts soar despite 2H 2008 slowdownDespite a tail-off in the second half, the total value of deals in the world’s seventh-largest economy almost doubled to $12bn in 2008 compared with the previous year.
- AXA opens Vienna office
The Paris-headquartered private equity firm has opened two new locations this year on the heels of closing its €1.6bn Fund IV.
- Cognetas cuts 12% of staff
The UK-based private equity firm joins the ranks of 3i, Blackstone, Carlyle, Shuaa and Investcorp, all of which have made job cuts this month.
- Barclays mulls BPE spin-out, secondary sales
As the mid-market firm deploys its €2.4bn Fund III, its parent has considered spinning out the private equity arm as well as potential sales of interests in its existing funds.
- Blackstone to cut 70 jobs
The New York-based mega-buyout shop will cut back on 5% of its roughly 1,400-member workforce. The news comes after the publicly listed firm reported steep losses in the third quarter.
- Investcorp cuts staff by 20%
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.
- Bite-sized pieces
A recent large acquisition that included a large amount of debt shows that LBOs are not dead -- they just need more participants to be successful, writes Christopher Witkowsky.
- Investcorp, Barclays buy Italian vending machine maker for €800m
The private equity firms acquired Europe’s largest food and beverage vending machine maker from Merrill Lynch Global Private Equity and Argan Capital using about €600m of debt arranged by eight lenders.
- Hicks- and Investcorp-backed company files bankruptcy
Greatwide Logistics Services, purchased last year for $730m, has filed for Chapter 11. The company is saddled with $600m in debt and its first lien lenders including Centerbridge and DE Shaw intend to buy the company early next year.
- Investcorp to pay $98m for stake in Indian company
The investment in Redington, a tech products distributor, will be made from the firm's Gulf growth opportunities fund, which was launched in 2007 and has received commitments totalling $1.1bn.