Private Equity
Amid signs that Internet-based companies are back in favour, Carlyle Group and Credit Lyonnais Private Equity have agreed to sell French online business travel service Egencia for an IRR of ‘over 30 percent’.
2 min read · 30 December 2012
3i and Veronis Suhler Stevenson have announced the consolidation of their three telephone businesses to create a pan-European directories group.
1 min read · 30 December 2012
Subordinated debt grew as a proportion of both buyout and non-buyout funding in 2003, the second strongest year on record, as mezzanine investment in Europe increased by 16%, despite a dip in UK activity.
1 min read · 30 December 2012
Enterprise Inns has completed the purchase of an 83.2 percent stake in Unique Pub Company held by a Cinven-led private equity consortium for ₤609m.
2 min read · 30 December 2012
UK-based technology investors MTI and VCF Partners have realised 6 times their original investments in ACG, an international supplier of high performance advanced composites.
1 min read · 30 December 2012
Accent Equity Partners, the Nordic mid-market private equity firm, has delivered a 30 percent IRR from the sale of Swedish software company Tribon Solutions to the UK’s Aveva Group for £19m.
2 min read · 30 December 2012
Clayton, Dubilier & Rice takes over the laboratory supplies company from pharmaceuticals group Merck, putting $450m of its own equity toward the deal.
2 min read · 30 December 2012
The London-based law firm has announced the appointment of Daljit Singh to its private equity team from Jones Day, the third lateral hire to join its corporate finance group this year.
2 min read · 30 December 2012
CVC Capital Partners, the pan-European private equity firm, has sold a subsidiary of portfolio company Acordis to Lenzing, the Austrian fibre maker CVC tried unsuccessfully to merge with Acordis in 2001.
2 min read · 30 December 2012
Charles Barter has succeeded Chris Hale as head of private equity at London-based law firm Travers Smith Braithwaite, following the latter’s move to head up the corporate group last year.
1 min read · 30 December 2012
