Private Equity
The UK-based firm has added on Beech Care and Nursing Agency to healthcare portfolio company Enara Group. Last year the firm exited its first buy-and-build investment in the same sector, having made eight add-on acquisitions to UK company Healthcare Homes.
1 min read · 05 January 2013
Buyout firm Candover has released a bleak industry report which refers to the ‘demise’ of the UK buyout market and says banking sector problems caused European deal values to hit their lowest level in more than a decade.
2 min read · 05 January 2013
Germany’s oldest private equity firm, which is listed on the Frankfurt stock exchange, cited ‘unrealised valuation changes’ as the chief reasons for a loss of roughly €51m in 2008.
2 min read · 05 January 2013
The UK private equity firm has reunited with the former management team of Covion, an outsourcing company that earned the group 4.4x its money two years ago, to inject £3.25m into sports facility provider @Futsal.
1 min read · 05 January 2013
The German commercial real estate lender, partially owned by private equity firms JC Flowers and Grove International, has drawn down on €42bn of guarantees from the German government.
1 min read · 05 January 2013
Luxembourg-based Genii Capital has submitted a stalking horse bid to buy the 70-year-old photography brand. Polaroid filed for bankruptcy in December last year, following fraud investigations into its parent company Petters Group Worldwide.
2 min read · 05 January 2013
The findings come from a new survey of 155 private equity institutions and banks which has been conducted by investment bank Jefferies.
2 min read · 05 January 2013
Intellectual property of the bankrupt former Apollo portfolio company has been acquired by private equity firm Hilco Consumer Capital and investment firm Gordon Brothers Group for vastly less than the original $1.3bn buyout value.
2 min read · 05 January 2013
The fund has been raised to promote the regional development of the North East region of the UK. It will be created by One NorthEast with help from a European Union initiative.
1 min read · 05 January 2013
An investment vehicle owned by Johann Rupert will commit $230m to obtain control of two Lehman Brothers Merchant Banking Funds.
1 min read · 05 January 2013
