GS Capital Partners, the principal investment arm of Goldman Sachs, has bought a 16 percent stake in France based satellite operator Eutelsat.
The UK pub group backed by Texas Pacific, Blackstone, CVC and Merrill Lynch has taken advantage of liquid debt markets to fund the UK’s largest recapitalisation of a private equity-owned business.
Marine leisure gear maker Raymarine has listed on the London Stock Exchange with a £126m capitalisation, giving its equity sponsor a 4x partially realised return.
Kendall Court Capital Partners has announced a first closing on $35m for its debut Asian mezzanine fund. The fund has a final target of $75m.
The European venture capital market slowed down slightly in the third quarter of 2004, according to new figures released by Ernst and Young and VentureOne.
A consortium comprising Clayton Dubilier & Rice, Eurazeo and Merrill Lynch Global Private Equity has signed an exclusive agreement to purchase listed French electrical distributor Rexel for €3.7bn.
Nursing Home Properties, the UK nursing home chain, has agreed to a £563.5m offer from Blackstone Group, the US private equity firm.
Fund of funds Standard Life European Private Equity Trust has seen annual distributions from underlying investments increase by almost 200 percent since September 2003.
Jeffrey Beir has joined early-stage investor North Bridge Venture Partners as general partner.
The Chicago middle-market investor has purchased Roll Coater from publicly held ArvinMeritor for nearly $163m.