Private Equity
The troubled auction of Claire’s Accessories, a US-based fashion retailer, has reportedly suffered another blow with news that previous favourite Apax Partners has withdrawn on price grounds.
2 min read · 03 January 2013
Swiss asset management firm LGT Capital Partners has reinforced its private equity teams in New York, Hong Kong and Switzerland.
1 min read · 03 January 2013
US buyout firm TA Associates has won the battle to back the £740 million ($1.3 billion) management buyout of Jupiter Asset Management from its German parent Commerzbank.
2 min read · 03 January 2013
The Michael Dell-backed investment vehicle has purchased a Cleveland, Ohio-based dental services firm with more than 70 affiliated practices.
2 min read · 03 January 2013
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower - the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.
2 min read · 03 January 2013
Auto Trader, a car sales business owned by the UK-based Guardian Media Group, is expected to be valued at up to £1.3 billion when final bids are submitted tomorrow. The price has reportedly frightened off one interested party.
2 min read · 03 January 2013
European mezzanine and private equity firm Mezzanine Management has held a first close on its second central and eastern European fund, Accession Mezzanine Capital II, at €100m.
1 min read · 03 January 2013
GE Capital plans to buy financial services company PHH Corporation for $1.8bn and sell one division to Blackstone.
2 min read · 03 January 2013
Esprit Capital Partners and Eden Ventures have contributed to the $15m second financing round of Tribold, a manufacturer of software for communication service providers.
1 min read · 03 January 2013
Buyout firms Cognetas and Sagard have triumphed in the race to buy Desjonquères, the bottle-making division of French group Saint-Gobain.
1 min read · 03 January 2013
