Private Equity
The UK technology secondaries specialist will become the new manager of the €36m Lynx Capital Ventures fund, formerly operated by London-based Bear Stearns Asset Management.
1 min read · 05 January 2013
Riverstone, Carlyle and Grazia and GLG are among the private equity investors that have helped bring Nanosolar’s total capital raised to just less than $500m. Separately, Nanosolar competitor AVA Solar has raised $104m.
2 min read · 05 January 2013
The US private equity firm has completed its first exit from its debut fund wit the sale of FirstLight for a reported value of $1.9bn. Energy Capital paid $1.34bn for FirstLight’s predecessor company in November 2006.
2 min read · 05 January 2013
FRS Global, acquired by the private equity firms two years ago, has agreed to purchase Switzerland-based Iris integrated risk management to provide integrated risk and regulatory reporting products. Carlyle made its investment from its €222m European technology fund.
2 min read · 05 January 2013
The US private equity firm will relinquish its remaining 24 percent stake, currently valued at roughly $103 million, in NASDAQ-listed Great Lakes Dredge & Dock. The Illinois-based dredging company was acquired by Madison Dearborn for $340m in 1998.
2 min read · 05 January 2013
The middle market specialist has completed its acquisition of Midlands-based Accura Support Services in a buy-in management buyout from Barclays Ventures.
1 min read · 05 January 2013
The banking giant’s captive private equity firm has made two hires, including Grant O’Neill, formerly at Nikko, who joins as investment manager.
1 min read · 05 January 2013
The Los Angeles-based buyout shop has sold floral delivery business FTD Group to United Online for roughly $754m in cash and stock, four years after purchasing the business in a $422m take-private. The deal value is roughly $46 million below the original announced purchased price.
1 min read · 05 January 2013
Less than a year after launching its China investment practice, Baird has hired Anthony Yan-Hong Siu to launch its investment banking activities in the region.
2 min read · 05 January 2013
The British private equity group has reportedly entered exclusive negotiations to buy a 30.6 percent stake in Slovenia’s biggest bank following Blackstone’s withdrawal from the auction.
2 min read · 05 January 2013
