Advent International has acquired Danish furniture retailer ILVA with former B&Q CEO Martin Toogood helping the company expand across Europe.
The private equity unit of the Scottish bank has sold its interest in the UK accountancy training business to US training group Kaplan as part of a £55m deal.
As WestLB closes the purchase of Cinven’s Odeon cinema chain, a group of French private equity firms are lining up bids for Vivendi’s UGC cinema network.
Electra Partners director Judy Marsden has left the European private equity firm to build Private Equity Research, a marketing research business.
The Warsaw-based private equity firm has taken a 36 per cent stake in Polish credit card services business PolCard.
The private equity firm is one of a number of financial buyers looking at the UK water division of French utility Suez.
Michael Klein, who has helped Citigroup’s investment banking division become a key service provider to private equity firms globally, has been appointed head of wholesale banking in Europe, Middle East and Africa.
Hotel chain Marriott International has held talks with the two private equity groups over a possible rival offer for the UK pubs and hotel group.
The UK-based firm has secured commitments from a range of international investors for its first fund targeting the global secondaries market.
Now that prospective investors in private equity funds are approaching the due diligence process with the same rigour as GPs have applied to target portfolio companies, there are some important infrastructure issues a GP has to address. Steven Millner of DML looks at what a GP has to do to make sure an LP is going to be satisfied.