Private Equity
Specialised Petroleum Services, a Scottish oil and gas services company, is 3i’s second disposal in the sector this week, fetching $165m in a sale to M-I Swaco, a US-based drilling and waste management business.
1 min read · 03 January 2013
Debates over policy and board constitution have derailed plans for CVC to take Chenming private.
1 min read · 03 January 2013
New York-based Conduit Capital Partners has wrapped up fundraising for its third fund targeting power generation projects in Latin America, with commitments totaling $393 million – making it the largest PE fund to be raised for the region since 1998.
2 min read · 03 January 2013
Barclays Private Equity, the private equity arm of the UK bank, has sold Gaucho Grill to Phoenix Equity Partners, a rival UK mid-market firm, for £55m.
2 min read · 03 January 2013
Hogan & Hartson, an international law firm, has appointed Uwe Steininger, who resigned as head of SJ Berwin’s German funds practice last December, as a partner.
2 min read · 03 January 2013
3i, a London-listed private equity firm, has sold CH4 Energy, a UK oil and gas business it provided seed capital to in 2002, generating a 7.3 times money multiple and an IRR of 105%.
2 min read · 03 January 2013
Providence Equity Partners and Doughty Hanson, two buyout firms, will buy the Caudwell Group, a UK mobile telephony group which owns the Phones 4 U brand, for £1bn.
1 min read · 03 January 2013
The UK’s Legal Services Bill could pave the way for private equity investments in law firms. By Andy Thomson.
2 min read · 03 January 2013
AlpInvest is part of a consortium led by KKR and Silver Lake to acquire a majority stake in the semiconductor business of Royal Philips Electronics for roughly €8.3bn.
1 min read · 03 January 2013
Following the departure of two of its founding partners last November, Compass Partners is looking to sell four remaining portfolio companies.
2 min read · 03 January 2013
