Private Equity
British gas and oil services company Expro will buy First Reserve’s oil well testing platform.
2 min read · 03 January 2013
The Boston firm has sold Colorado-based cleaning equipment manufacturer Castle Rock Industries for $88 million.
2 min read · 03 January 2013
Richard Nairn, formerly a manager at corporate advisory business Intelli Corporate Finance, has joined F&C Asset Management’s Edinburgh-based private equity team.
1 min read · 03 January 2013
The private equity industry is once more turning to UK-based consumer businesses to put its money to work with bids rumoured for Morrisons, a besieged national grocer, and Matalan, a troubled discount retailer.
1 min read · 03 January 2013
UK mid market firm Exponent completes fifth deal from its two year old fund with the £163m acquisition of Trainline, a rail ticket information provider and retailer.
2 min read · 03 January 2013
UK cinema group Cineworld, a portfolio company of US private equity firm The Blackstone Group, has announced that its £450m planned flotation later this month has been postponed.
2 min read · 03 January 2013
UK fashion retailer New Look, backed by private equity firms Apax Partner and Permira, has dropped five of its senior directors, while founder Tom Singh is to take on to a non-executive role.
2 min read · 03 January 2013
Abraaj Capital has hired former investment banker Mustafa Abdel Wadood as managing director after also promoting Shirish Saraf to managing director in April.
1 min read · 03 January 2013
The family office investing on behalf of Duty Free Shoppers founder Robert Miller is offering private equity fund management services to third parties in response to rising demand for opportunities in Asia Pacific.
2 min read · 03 January 2013
French mid-market firm Pragma Capital has acquired Barclays Private Equity’s 80 percent stake in La Croissanterie, France’s second-largest sandwich chain.
1 min read · 03 January 2013