Western Europe

Barclays Private Equity makes £75.5m energy play(2)

The European buyout manager of UK bank Barclays has joined the throng of firms looking to profit from the boom time in the oil and gas industy.

Darling to pronounce on buyout taxes(2)

The UK Treasury is set to reveal its planned changes to the tax treatment of private equity later today. It is believed Chancellor of the Exchequer Alistair Darling will single out the industry in a bid for popularity.

Mission creep

Duke Street Capital’s decision to report on all its portfolio companies will boost the number of companies covered by the Walker code, but it also underlines worries that Walker’s remit will soon affect smaller deals, writes Nicholas Lockley.

Falfurrias buys Bojangles(3)

Fresh from its first fund close, North Carolina-based Falfurrias Capital has bought chicken-n-biscuits chain Bojangles.

UK government details Rock loan securitisation

Private sector bidders for Northern Rock were boosted by government plans to securitise and guarantee its loans to the struggling UK bank, although the government could still attempt to nationalise the bank.

Doughty Hanson acquires Midlands business park for £161m

The UK firm has partnered with US REIT Liberty Property Trust to acquire the Blythe Valley Park from UK REIT British Land.

Lincoln launches with Redmayne

Darren Redmayne, the mid-market adviser, is opening a London office for the Chicago boutique bank, leaving behind the bid speculation that has engulfed Close Brothers in recent months.

Report: WL Ross offers $435m for bankrupt mortgage division(4)

US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.

Falfurrias buys Bojangles(2)

Fresh from its first fund close, North Carolina-based Falfurrias Capital has bought chicken-n-biscuits chain Bojangles.

GIP joins Montagu in £1.2bn waste services bid

UK mid-market buyout firm HgCapital leaving the bidding for Biffa has created a gap for Global Infrastructure Partners to team up with Montagu Private Equity, which had signed a non-solicitation agreement alongside Hg with the UK waste services company’s board.