Private Equity
HgCapital’s Ben Hewetson, the head of the mid-market firm’s leisure team, is leaving in the next few weeks. The departure follows Hg’s decision to merge his team with Richard Matthews’ consumer team six months ago.
2 min read · 04 January 2013
A row has broken out between the EVCA head Javier Echarri and union leader John Monks, as Echarri dismissed as prejudiced claims that alternative investors are “casino capitalists” and “the wildest animals in the jungles”.
2 min read · 04 January 2013
EMI’s share price rose further above Terra Firma’s £2.4 billion accepted offer price, as the markets reacted to rumours of two possible counter-bids.
2 min read · 04 January 2013
London-based Advent Venture Partners has expanded its life sciences team with the recruitment of two new partners – both former biotech entrepreneurs.
1 min read · 04 January 2013
French private equity firm Astorg Partners has bought a 35 percent stake in Webhelp, France’s third biggest provider of client communication services, from Barclays Private Equity for about €40 million.
1 min read · 04 January 2013
Denver-based KRG Equity Partners announced the addition of five new managing partners this week, as it prepares to invest its current fund and raise a new one.
2 min read · 04 January 2013
Denver-based KRG Equity Partners announced the addition of five new managing partners this week, as it prepares to invest its current fund and raise a new one.
2 min read · 04 January 2013
French private equity firm Astorg Partners has bought a 35 percent stake in Webhelp, France’s third biggest provider of client communication services, from Barclays Private Equity for about €40 million.
1 min read · 04 January 2013
UK mid-market buyout firm Graphite Capital’s sale of nursing home Avery Healthcare to Southern Cross Healthcare Group achieved a 2.7 times return on its initial investment in 20 months. Graphite will also keep five care homes to begin another company with Avery’s management.
2 min read · 04 January 2013
Private equity-owned Maxeda has disposed of Hema, selling the Dutch department store to retail specialist Lion Capital. Maxeda continues to prove a successful investment for the consortium of KKR, Cinven, AlpInvest and Permira that recapitalised the retail group last year.
2 min read · 04 January 2013