If it completes, the deal will be the largest-ever LBO of a firm operating in the UK professional services sector.
Texas Pacific Group and Apax Partners have agreed to their second deal in the Greek mobile telecom market in the past seven months, buying Q-Telecom in a €350 million deal. There are no plans as of yet to combine the two.
Buyout firms Cinven and Investcorp appear to have arrived at a novel way of funding a portfolio company’s pension shortfall – selling one of its subsidiaries.
Wind Point Partners agreed to acquire medical air transport provider Omniflight in a deal said by sources to be north of $200 million.
The Nordic-based private equity firm has completed its sixth deal in the Benelux region, acquiring two subsidiaries from the retail multinational.
Minneapolis private equity group Goldner Hawn Johnson & Morrison has clinched a deal to take Transport Corp. of America private, rebounding quickly from its missed ShopKo buyout.
Hellman & Friedman and Texas Pacific Group have agreed to a roughly $1.5 billion deal to acquire a 60 percent stake in Linsco/Private Ledger, an independent broker. The transaction, coming on the heels of the Refco implosion, reaffirms private equity’s commitment to the financial services space.
The European private equity arm of Bank of America has generated a six times return on the sale of the UK lingerie specialist.
The garden centres firm has terminated discussions with Cinven following the withdrawal of a bid believed to have had the support of Wyevale’s largest shareholder.
Trade buyers have beaten off competition from private equity firms to acquire the Australian pub and poker machine operator.