Amid signs that Internet-based companies are back in favour, Carlyle Group and Credit Lyonnais Private Equity have agreed to sell French online business travel service Egencia for an IRR of ‘over 30 percent’.
Enterprise Inns has completed the purchase of an 83.2 percent stake in Unique Pub Company held by a Cinven-led private equity consortium for ₤609m.
DLJ Merchant Banking’s James Quella jumps ship to Blackstone to monitor the performance of the private equity firm’s portfolio companies.
Chuck Pieper, former general partner at Clayton Dubilier & Rice Consulting, is joining CSFB’s newly formed Alternative Capital Division as managing director.
Woody Benson joins the Westwood, Massachusetts early stage venture capital firm after heading Lazard Technology Partners’ Boston office.
The San Francisco venture capital leader closes both an early-stage and a late-stage fund, surpassing an aggregate target of $400m.
Bill McGlashan, who successfully turned his communications software company around, joins the venture capital affiliate of Texas Pacific Group.
Clayton Dubilier & Rice is selling its stake in the international cosmetics business to Germany-based household appliance company Vorwerk.
Private equity firms Berkshire Partners and Weston Presidio will purchase the party goods maker from the global investment bank’s buyout arm.
Mid-market transactions rose significantly last year, accounting for almost one-third of all European buyout activity.