Ex Tomkins CEO Greg Hutchings is to become executive chairman of investment company Lupus Capital and invest more than £2.1m in the business.
Nordic private equity firm Altor Equity Partners has appointed Hugo Maurstad, the former head of McKinsey & Company’s Norwegian operations, as its sixth partner.
Granville Baird funds Team BS MBO; Pi backs IRISYS; Benchmark invests €3.2m in NewBay Software; Amadeus leads TeraView second round
The private equity business of George Soros has hired former Powergen chief executive Nick Baldwin to advise on opportunities in the European utilities sector.
US private equity firms raised $44bn in 2003, down 26 percent from $59bn raised by US general partner groups the year before 2002, according to research.
Clayton, Dubilier & Rice portfolio company Sirva has acquired Belgian relocation services provider PRS Europe, two months after raising $400m via a listing on NYSE.
Greenwich, Connecticut buyout firm, Littlejohn & Co., has completed its acquisition of the superabrasives business of General Electric.
Actis, a newly established investment manager spinning out of emerging markets investor CDC Capital Partners, is planning to raise $500m from third party investors.
Former Apax partner David FitzGerald has joined the US firm as managing director and co-head of its European venture team alongside Wolfgang Hanrieder.
UK private equity firm Permira has sold portfolio companies demedis and Euro Dental Holding to American healthcare distributor Henry Schein for €255m.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination