Private Equity
Accel Partners’ Joe Schoendorf says the expansion of VC activity throughout the world has created a 24/7 venture environment in which investors are going after revolutionary advances that could change the world. Dave Keating reports.
2 min read · 04 January 2013
Nikko Principal Investments has sold UK firm RoadChef to an Israeli real estate group for £375 million. Nikko had owned the motorway service station chain for nearly ten years.
2 min read · 04 January 2013
Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
2 min read · 04 January 2013
US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.
2 min read · 04 January 2013
Les Bider has left his position as ‘executive-in-residence’ at upstart private equity firm Elevation Partners to become chief strategist at Los Angeles-based venture firm ITU.
2 min read · 04 January 2013
Google has revealed that its acquisition of YouTube last year netted a return of nearly $500 million for Sequoia Capital, the US venture capital firm behind the video sharing website.
2 min read · 04 January 2013
Teachers’ Private Capital and the Canada Pension Plan Investment Board plan to capitalise on a growing market with Actera Partners.
1 min read · 04 January 2013
Benchmark Capital-backed social networking site Bebo has hired information technology veteran and former Google managing director Joanna Shields as president, and will move out of Benchmark’s offices this week.
1 min read · 04 January 2013
Investcorp raises over $500m from investors in six months and is preparing to raise a dedicated private equity fund.
2 min read · 04 January 2013
3i has added its 25th healthcare business to its portfolio after closing a financing round for Glucon, a US medical technology company.
2 min read · 04 January 2013
