Following an unsuccessful bid last June, Australia’s Allco Equity Partners has teamed up with the private equity unit of Deutsche Asset Management to acquire debt collection business of Baycorp Advantage Limited.
Lebanon, New Hampshire-based GlycoFi will be acquired by Merck in an exit coup for the biotech company’s venture backers.
The Paris-based private equity firm has carried out a management buyout of electronic and photonic products specialist BFI Optilas, a spin-out from Nasdaq-listed Avnet.
India’s ICICI Venture has made a minority investment in an Indian diagnostic centre chain Metropolis Health Services India, an acquisitive firm looking to expand overseas.
Following the recent sale of power station owner Carron Energy, UK private equity firm Rutland Partners has made 3x its money with the flotation of pawnbroker H&T Group.
The London-based private equity firms have appointed Rothschild and Wyvern Partners to advise on a flotation of Swiss aircraft maintenance company SR Technics.
The US-based private equity firm has had a £182.2m offer for UK ice cream maker Richmond Foods accepted by the company’s board of directors.
New York-based private equity firm Warburg Pincus, JP Morgan and the Royal Bank of Scotland have put an undisclosed amount into a new business focusing on UK annuities.
The private equity consortium bidding for Dutch media and marketing business VNU has increased its offer from €28.75 to €29.50, a move which has already received a positive response from shareholder Templeton Global Advisors.
The private equity arm of Goldman Sachs JBWere is making its second transaction in two weeks, investing NZ$20m in a New Zealand retirement home.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination