Private Equity
Private equity firms are holding on to their portfolio companies longer and expecting more bolt-on acquisitions, possibly employing some ‘wishful thinking’, according to a recent survey which also found a great divergence in valuations.
3 min read · 05 January 2013
The UK mid-market operator has promoted three of its directors to partner. The growing firm has also hired five new professionals this year.
1 min read · 05 January 2013
The global buyout group is in exclusive talks with credit checking giant Experian to buy its French electronic payments business, in a week in which the firm has already executed two Latin American deals and a Japanese fund close.
2 min read · 05 January 2013
Bob Stefanowski, a 14-year General Electric veteran who most recently headed the firm’s European corporate finance division, will lead 3i’s push into North American growth and infrastructure investments.
2 min read · 05 January 2013
BaltcCap's acquisition of Estonian diagnostic company Quattromed highlights the region’s growing pipeline for private equity deals.
2 min read · 05 January 2013
LVMH Moët Hennessy – Louis Vuitton will purchase Royal van Lent from Dutch investment firm Egeria, which bought the company two years ago. The price is undisclosed, but has been estimated to be at 11 times the company’s net profit.
1 min read · 05 January 2013
Announcing plans to save the investment bank from collapse, Lehman Brothers has confirmed speculation it will sell a majority stake in its investment management unit, which includes Lehman Brothers Merchant Banking, Lehman Brothers Real Estate and groups managing venture capital, infrastructure, credit and funds of funds.
2 min read · 05 January 2013
The Central European private equity firm has also hired former Global Finance director Valeri Petrov to lead its charge into Southeastern Europe.
1 min read · 05 January 2013
The Munich-based private equity firm has sold its majority stake in ZPF therm Maschinenbau after two-and-a-half years to DZ Equity Partners, the Frankfurt-based private equity arm of DZ Bank.
1 min read · 05 January 2013
A Scotland-based company has raised a private equity fund and enlisted heavyweight LPs to finance the purchase of four industrial parts manufacturing business units from US conglomerate Textron.
2 min read · 05 January 2013
