Private Equity
The two European buyout groups have taken a partial exit on their investment in Holmes Place, a European fitness chain, selling the UK business to rival Virgin Active.
2 min read · 03 January 2013
Neil Darke, a director at UK broker Collins Stewart, gave measured support to the Bank of England’s Financial Stability Report, which warned of the danger of increased coporate debt as companies review the amount of leverage in their balance sheets.
1 min read · 03 January 2013
Europe’s private equity market is firing on all cylinders as it records the highest quarter of activity to date, while the UK market has bounced back after a slow start, according to two separate reports.
3 min read · 03 January 2013
Foreign & Colonial Investment Trust is targeting an annual commitment of £75 million to private equity as it steps up its exposure to the asset class from 5% to 10%.
2 min read · 03 January 2013
France Telecom has followed up the sale of its PagesJaunes directory business today, with the disposal of its Mobile Satellite Communications arm to Apax Partners for €60m.
2 min read · 03 January 2013
As the number of available secondary buyouts decrease, Nicholas Lockley talks to Mark Barrow of Close Brothers about alternative sources of transactions.
2 min read · 03 January 2013
US bank has abandoned plans for a European buyout team after failing to raise significant funds or to do a deal in the two years since launch.
1 min read · 03 January 2013
Graphite Capital, a UK mid-market private equity manager, has backed Avery Healthcare, a group of care homes, in its acquisition of Hadrian Healthcare.
1 min read · 03 January 2013
European buyout group Bridgepoint has won the auction for Dorna, a Spanish motorcycle sports business, despite bidding less than rival Advent International.
1 min read · 03 January 2013
Kohlberg Kravis Roberts, a US buyout house, has beaten off competition from a number of other private equity firms, including Texas Pacific Group and Eurazeo, to acquire France Telecom’s 54% stake in French directories business PagesJaunes.
1 min read · 03 January 2013
