Middle East & North Africa

Ethos and Goldman place bets on South African gaming company

Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.

Growth in the Gulf(2)

A detailed report by KPMG and the Gulf Venture Capital Association has revealed the extent of the boom in the MENA region, Toby Lewis examines the figures.

3i adult carer exit has 61% IRR

FTSE 100 listed 3i had a 61 percent IRR and a 3.9 money multiple on the sale to Three Delta of a company it first invested in 10 years ago, Care Principles.

Helping hand

The Walker Report has given the Delta Two bid for J Sainsbury an extra sheen of respectability and is a sign the industry may take compliance seriously, writes Nicholas Lockley, editor of PEO.

Sainsburys opens books to Delta Two

The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.

Growth in the Gulf

A detailed report by KPMG and the Gulf Venture Capital Association has revealed the extent of the boom in the MENA region, Toby Lewis examines the figures.

Investcorp to acquire US packaging company(3)

Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.

Battery buys tech firm for $137m(2)

Battery Ventures has completed a$137 million take-private of Quovadx, a software and software services firm formerly listed on NASDAQ, for $136.7 million.

Brait picks up South African baker for R1.5bn

South African merchant bank Brait has acquired domestic baker Premier Foods from the Foundation for African Business and Consumer Services for R1.5 bilion.

Oak abandons $825m Vertrue deal(2)

Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.