ABN Amro Capital has beaten rival bidder PAI Management with a £266m offer for UK-listed restaurant chain PizzaExpress.
Phoenix continues Covenant expansion; Three exits for 3i; First deal for Albany’s third fund; Atlas Venture leads Arteris first round; Bridgepoint backs Hydrex buy-and-build.
The US law firm has made a number of appointments to its London-based private equity team.
US venture capital firm Battery Ventures is preparing a bid for UK-listed financial software business Rolfe & Nolan, eclipsing HgCapital’s 100 pence offer.
The UK private equity house is aiming for a £175m final close for its third fund targeting UK mid-market opportunities.
After conducting due diligence on the UK supermarket chain, US buyout firm KKR has decided not to progress with a £3bn offer for Safeway but is rumoured to be now looking closely at leisure and hotels group Six Continents.
French fund of funds manager AGF Private Equity is planning a E200m fund targeting institutional investors.
DB Capital’s Ted Virtue and Graham Clempson have finalised the largest ever purchase of a secondary private equity portfolio.
Goldman Sachs Private Equity Group is backing Vision Capital’s purchase of four portfolio companies from Morgan Grenfell Private Equity, Deutsche Bank’s UK buyout business.
Axa Private Equity has acquired a portfolio of ten French and overseas limited partnership investments from CDC Ixis Private Equity.