Private Equity
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 05 January 2013
After losing Richard Swann to rival mid-market firm Inflexion in October, the private equity arm of British bank Lloyds TSB has hired Hemisphere co-founder Daniel Sasaki as a director in its London office.
1 min read · 05 January 2013
The firm has purchased Enara and First Call in a nascent buy-and-build play in the UK home care market. Last spring, August exited residential care company Healthcare Homes after eight add-ons.
1 min read · 05 January 2013
The clinical-stage pharmaceuticals company, now conducting human clinical trials, has added new investor Nomura Phase4 Ventures to its roster of venture backers in the $93m final tranche.
1 min read · 05 January 2013
IA Partners, founded in March by Italian private equity executives Luigi Capello and Uberto Selvatico Estense, hopes to raise €80m for its lower mid-market fund by this time next year.
1 min read · 05 January 2013
The development-focused fund of funds has received a revised investment remit from its shareholder the UK Government, which will redirect investment from China and Latin America to Sub-Saharan Africa.
2 min read · 05 January 2013
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 05 January 2013
Archer’s first offer to de-list MYOB in January was rejected as too low at A$1.90 per share; the current offer is for A$1.15 per share.
1 min read · 05 January 2013
The mid-market private equity firm has exited Ilchester Cheese in a sale to Norway’s largest milk co-operative. The fourth exit from Ilchester’s 2003 buyout fund netted an IRR in the mid-20 percent range.
1 min read · 05 January 2013
The UK mid-market private equity firm sold its stake in trucking company Transports Alloin to a Swiss logistics group that is looking to expand in France.
1 min read · 05 January 2013
