Global investment conglomerate Investcorp announced the sale of water meter company Neptune Technology Group to strategic buyer Roper Industries for a total consideration of $475m.
Advent International’s poultry business, bought from BC Partners in May, has made an add-on acquisition in Belgium as part of Advent’s effort to grow its investment.
The CVC-Texas Pacific consortium has increased its recommended offer for Debenhams from 455 pence to 470 pence, forcing Laragrove to accept defeat in its efforts to acquire the UK department store chain.
ABN AMRO Capital has acquired Global Garden Products, Europe’s largest maker and distributor of lawn mowers and powered garden equipment, from UBS Private Equity for E555m.
The US investment bank’s private equity unit has said it will not back a higher offer from Laragrove for the UK department store.
Matthias Moser, a financial managing director focused on Terra Firma’s German activities, has quit the firm to join Eurohypo, the German mortgage bank and real estate investor.
Nineteen of the twenty largest buyouts in Q3 were completed in Continental Europe including multi-billion Euro transactions in Italy and Germany.
The Italian private equity firm has acquired the European fabric manufacturing unit from bankrupt US group Galey & Lord.
Swiss private equity manager Partners Group has held an interim closing for its debut secondary fund, having raised E90m from European institutions.
AMPJE backing for Scottish bakery; Pod leads $10m Swedish fibre optics round; Wellington investment concludes MTM round