PAI Partners related stories
All articles and analysis
PAI to exit KP SnacksThe French firm’s partial exit from United Biscuits, which it owned jointly with Blackstone, should help its efforts to raise a €3bn fund
- PAI Partners to buy roofing business in €2.4bn deal
PAI Partners will buy the roofing business of cement group Lafarge, after beating off competition from 10 other investors.
- UK private equity breaks record but loses ground
The UK has seen almost £25bn worth of deals in 2006, but is not riding the private equity wave to the same extent as the US or continental Europe.
- Eight banks help Motion refinance Tokheim debt
The buyout firm formerly known as Cognetas is poised to successfully refinance the petrol pump manufacturer after it was forced to pull an auction process late last year.
- IK and Bridges make partner promotions
IK Investment Partners has promoted two of its younger executives to partner in recognition of their contribution to the firm’s success, while UK firm Bridges Ventures has also raised three of its team to partnership.
- PAI completes its largest-ever exit
The firm’s third divestment from Chr. Hansen generates a 4x overall return in what PAI says is its largest-ever exit.
- Tokheim auction collapses as Cognetas pulls plug
Cognetas has pulled the auction of French fuel pump company Tokheim after three bids failed to meet its pricing expectations. The firm will now consider refinancing the company’s significant debt, according to sources.
- First Reserve in JV with renewable firm
The specialist energy-focused firm has teamed up with Spain’s Renovalia Energy to target wind projects across Europe and North America.
- Stepping down and stepping back
Succession has long been a tricky issue to deal with for private equity firms, but several groups have demonstrated in recent weeks that it need not be a painful process.
- First Reserve joins trio chasing Cognetas asset
The specialist energy-focused firm has joined PAI Partners and Rhone Capital in the auction of French petrol pump company Trokheim, as owner Cognetas seeks to cap a tumultuous year by returning capital to its investors.