Candover has acquired a majority stake in the trust services business of private bank Insinger de Beaufort, prevailing over rivals Barclays Private Equity and Advent International.
HgCapital has tabled a recommended E169m offer to back a public-to-private for W.E.T. Automotive Systems, a seat-heating systems manufacturer.
Following the appointment of Charles Ayres in April, Lehman Brothers has hired Jon Macintosh to strengthen the investment bank's European mezzanine business.
The two private equity firms have bought paper business Casco from the Dutch group for E114m.
UK institutional investors have told a survey they expected private equity firms to benefit from improved exit opportunities in the near future, despite tough economic conditions.
New research shows that large funds with targets above E1bn accounted for 70 per cent of capital raised for European buyouts in last year’s subdued fundraising environment.
The private equity firm that spun out from HSBC in March this year has acquired Marlow Foods, makers of Quorn, from AstraZeneca.
The US private equity firm is buying the Dutch software business from UK group Invensys for £85m.
London-based Kamal Tabet has been appointed global head of Citigroup’s Financial Entrepreneurs Group, the bank’s private equity advisory and fund placement business.
Mezzanine Management provided debt capital, investing from its dedicated Central and Eastern European fund, Accession Capital Management.