Private Equity
The Eastern European-focused private equity firm, formerly Deutsche Beteiligung-backed DBG Eastern Europe, has backed luxury pet product retailer Kakadu. The investment was made from its third fund, which is targeting a final close of €125m.
2 min read · 05 January 2013
Octopus Investments has earmarked a £40m pool of capital to provide finance to small- and medium-sized businesses.
2 min read · 05 January 2013
The listed Permira investor, which is now 20%-owned by Coller Capital, saw two-thirds of the book value wiped off its portfolio during 2008. Chief executive Andrew Williams has stepped down.
2 min read · 05 January 2013
The early stage European venture firm has been in the market since late last summer, as LPs adopt a ‘wait and see’ stance to making commitments.
2 min read · 05 January 2013
The private equity firm has agreed a £64m PIPE with Premier Foods, the UK-based owner of household food brands including Hovis, Cadbury and Bisto, which has been struggling under a £1.7bn debt mound. The investment will form part of a 1.5bn share offer intended to raise around £404m.
2 min read · 05 January 2013
The New York-based private equity firm’s hiring of Gerard Errera, following a wave of layoffs in December, is intended to bolster its transactions in France. Errera served as the secretary general of the French Ministry of Foreign Affairs and the French ambassador to the UK.
1 min read · 05 January 2013
UK-based clean technology-focused private equity firm Foresight Group has agreed two deals worth a combined €50m for 10 megawatts of solar projects in Italy using its European Solar Fund and bank debt.
2 min read · 05 January 2013
The €81m merger of Snell & Wilcox and Pro-Bel, two of Europe’s biggest broadcast technology companies, will give both private equity firms a 20% stake in the combined entity and provides a partial exit for Advent.
2 min read · 05 January 2013
Creditors of Autodistribution, the debt-laden French car part distributor, have agreed to write down its debts in exchange for a €110m cash injection by private equity firms Towerbrook and InvestCorp.
2 min read · 05 January 2013
The California-based placement agent, Probitas, also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, less than the $34.3bn raised last year.
2 min read · 05 January 2013