North Africa

Montagu buys hair styling business from LDC(3)

Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.

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.

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.

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.

Advent scores public relations hit with sale of FD

Financial Dynamics, the public relations group owned by Advent, has set a new record with its sale to a US consultancy, netting its private equity backer a stunning return.

S. African investor backs new US firm

Johnnic Holdings, a Johannesburg investment holding company, has made a commitment of as much as $43.5m to New York-based Blue Wolf, a new, government- and labour-focused middle-market buyout firm, led by two former New York City comptroller investment executives.

CVC to buy Samsonite for $1.7bn(3)

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

Oak abandons $825m Vertrue deal

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.