US-based private equity firm TA Associates has acquired a minority stake in Drive Assist, a provider of replacement vehicles across the UK.
The two firms have fully realised their £650m investment in the UK directories business, returning more than £1.4bn in under three years.
Robeco, the asset management arm of Dutch banking group Rabobank, has launched a new fund of funds vehicle to invest in private equity funds focusing on sustainable investment.
The Carlyle Group has raised Y50bn ($470m) for its first Japanese buyout fund, with nearly 60 percent of the fund’s commitments coming from Japanese institutional investors.
Sir David Tweedie, chairman of the International Accounting Standards Board (IASB), has dropped a heavy hint that European private equity firms will not be exempt from consolidated accounting.
An increase in first round investments made in Israel last year looks set to continue into 2004, despite a slight downturn in the overall number of deals completed in 2003.
Onex Partners, the $1bn-plus private equity fund controlled by Canadian conglomerate Onex Corporation, has completed its first investment, taking a 24 percent stake in US healthcare group Magellan in a $100m deal.
Bolstering its global direct marketing platform, New York-based private equity powerhouse Ripplewood Holdings today announced its acquisition of Time Life Inc. from the former AOL Time Warner.
San Francisco-based middle-market buyout firm, Gryphon Investors, today announced the completion of its acquisition of Eight O’Clock Coffee Company, a retail-focused roaster and packager of coffee.
As the funding package for Bain's Brenntag acquisition demonstrates, second lien loans may be the latest US debt instrument to finally become established in Europe. The Deal Mechanic looks at how it fits into the capital structure