Private Equity
Nordic buyout firm Industri Kapital has made its latest investment in the German industrial sector, buying process engineering business Schenck from UK-based HgCapital.
2 min read · 04 January 2013
The industry is taking preventative steps to stave off investigation by UK regulator the Financial Services Authority by attempting to “step inside the mind of the regulator.”
2 min read · 04 January 2013
The UK firm has bolstered the performance of its first fund with the sale of a portfolio of schools to a property investor netting more than five times its investment.
2 min read · 04 January 2013
Gresham, the UK mid-market buyout firm, has bought the West Cornwall Pasty company, banking on the Cornish snack’s durability in an economic downturn.
2 min read · 04 January 2013
ArcLight Capital Partners has joined 3i’s growth capital division in the latest funding round for UK listed Venture Production, as buyout firms continue to target the oil and gas sector.
1 min read · 04 January 2013
Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures have committed $225 million in Series A funding for Zayo Bandwidth, a fiber-based network operator.
2 min read · 04 January 2013
UK insurer Standard Life has granted its fund of funds arm partial independence from the company, a year after former chief executive Jonny Maxwell resigned amid speculation that he wanted to spin out the arm.
2 min read · 04 January 2013
The Flowers consortium is offering to pay back more of the UK Bank of England’s loan than the Virgin/WL Ross consortium’s bid preferred by Northern Rock’s board. UK Chancellor Alistair Darling is reportedly encouraging rival bids.
2 min read · 04 January 2013
Lone Star’s attempts to sell its controversial stake in Korea Exchange Bank are set to be delayed still further, just days after the firm’s office was raided by tax officials investigating its recent deals.
1 min read · 04 January 2013
Just as Lone Star seemed set to sell its controversial stake in Korean bank KEB, chairman John Grayken admitted that his firm’s Korean office had been raided by tax officials - who confiscated documents relating to its recent deals.
2 min read · 04 January 2013
