Private Equity
The US private equity firm, formerly Sports Capital Partners, has purchased majority ownership of family-owned fashion brand Not Your Daughter’s Jeans. The firm is currently investing its $290m second fund.
1 min read · 05 January 2013
Valued by regulators at £1.8bn, the sale of the UK airport could fetch as much as £3bn for the Spanish airport investor, though much of the proceeds may go toward servicing existing debt. The announcement came less than a month after the UK’s Competition Commission published preliminary plans to force BAA to sell three of its seven airports.
2 min read · 05 January 2013
Choices Holdings, a portfolio company of the UK branch of Baird Private Equity, has acquired Scotland-based Domiciliary Care.
1 min read · 05 January 2013
BVCA head Simon Walker has distanced private equity’s investment strategy and remuneration scheme from investment banks and hedge funds, while speaking at a Conservative Party conference event. He also stressed the UK’s need for private equity’s vast capital reserves given current market conditions.
2 min read · 05 January 2013
Dutch billionaire media mogul ‘Joop’ van den Ende has sold 60 percent of his theatre company’s ticketing business to ING’s captive private equity arm Parcom in a transaction that will create Europe’s largest independent ticket retailer.
2 min read · 05 January 2013
The mid-market buyout firm has agreed to a refinancing package – increasingly rare given credit dislocation – for sportswear brand Odlo on terms ‘very similar’ to the senior debt agreement put in place at the time of its original acquisition in 2006.
2 min read · 05 January 2013
PCG Asset Management has joined the growing number of gatekeepers opening Asian offices. It has hired Jean-Noël Odier from BNP Paribas to help establish its first office outside the US.
2 min read · 05 January 2013
Simon Hitchcock will make the move to fellow UK mid-market firm Lyceum in March 2009. Lyceum has simultaneously made three investment team hires, bringing to 17 its total number of investment professionals, as it invests its £255m fund.
2 min read · 05 January 2013
With deals such as Montagu's acquisition of Biffa earlier this year, private equity buyers have dominated M&A activity among UK business services companies. The sector actually saw an increase in deal flow in the last 12 months, according to recent research.
2 min read · 05 January 2013
The London-based firm is looking to invest mainly in the UK and Western Europe. The firm raised a £100 million fund earlier this year.
1 min read · 05 January 2013
