Private Equity
US buyout firm TPG may be set to withdraw its interest in Spanish airline Iberia, after British Airways reportedly urged the group to join forces with rival firm Apax Partners.
2 min read · 04 January 2013
The investment arm of SVG Capital has closed its latest structured fund of funds €200 million ahead of target, while introducing innovation in the fund’s gearing.
2 min read · 04 January 2013
Chinese silicon manufacturer Shunda has raised $82 million in private equity financing – $40 million of which is from emerging markets private equity investor Actis.
1 min read · 04 January 2013
The founders of Index Ventures-backed internet site Last.fm have sold the business to US television network CBS for $280 million. The sale has reportedly generated a $56 million profit for Geneva-based Index Ventures.
1 min read · 04 January 2013
German mid-market investor Auctus has made its first move into the chemicals industry, buying German company Abieta for an undisclosed sum.
1 min read · 04 January 2013
Sovereign Capital has purchased Parallel Options, a UK-based provider of supported living care services to adults with mental disabilities, for £11 million (€16 million; $22 million).
1 min read · 04 January 2013
Candover has made a successful exit from its investment in Thule Group, a Swedish company that makes car accessories for equipment transport. The firm has generated an IRR of more than 40 percent from the sale to Nordic Capital, following a two and a half year buy-and-build programme.
2 min read · 04 January 2013
European buyout firm Argos Soditic has sold its majority stake in French fibre maker Kermel to Barclays Private Equity for an undisclosed amount. The deal has generated an internal rate of return of 88 percent for the Geneva-based firm.
1 min read · 04 January 2013
PAI Partners has bought a controlling stake in partially listed house-builder Kaufman et Broad from US housing group KB Home for more than €5-a-share below Kaufman’s market price last week.
2 min read · 04 January 2013
The Carlyle Group and Welsh Carson have agreed to sell USIS, a provider of “pre-employment screening solutions”, to Providence Equity Partners for $1.5 billion.
1 min read · 04 January 2013
