Private Equity
Lone Star Funds, the Dallas, Texas-based private equity firm, has reached an agreement to sell restaurant chain Shoney’s to Centrum Equities, another Southern private equity firm.
1 min read · 03 January 2013
Auctus Management, a German mid-cap private equity manager, has generated more than €100m and an 18 times money multiple on the €250m sale of Time Partner, a temporary staffing business, to Investcorp.
2 min read · 03 January 2013
Castlebeck, sold to a subsidiary of the Barchester Healthcare Group, is HgCapital’s fifth transaction in the healthcare sector in the past 18 months.
2 min read · 03 January 2013
A German business daily has reported that the country’s finance ministry is considering a potentially damaging tax on earnings generated by local venture capital and private equity firms.
2 min read · 03 January 2013
UK and French mid-market investor Duke Street Capital has bolstered its Paris office in the run-up to launching its sixth buyout fund.
2 min read · 03 January 2013
The US bank has boosted its European restructuring team, ahead of a widely-anticipated deterioration in economic conditions, with the hire of rescue financing expert Lachlan Edwards.
1 min read · 03 January 2013
Doughty Hanson has exited its investment in RHM, makers of Hovis bread and Mr Kipling cakes, with the sale of its remaining 26% stake through a secondary placing.
2 min read · 03 January 2013
The US and UK-based investor has paid £571m for 290 managed pubs from Punch Taverns, its largest deal in Europe to date.
2 min read · 03 January 2013
Following an increased offer of 850 pence per share from Richard Balfour-Lynn’s Alternative Hotel Group, Permira has asked shareholders to take no action as it considers whether to make its own bid.
2 min read · 03 January 2013
The new vehicle will be the world’s largest buyout fund, setting a new record as rival firms prepare close in on similar megafunds. Already, the new fund is 25 percent committed to deals.
2 min read · 03 January 2013