Private Equity
Vestar Capital Partners, the US-based private equity firm, is to acquire the majority of funeral operator Service Corporation International’s (SCI) French operations for $372m.
1 min read · 30 December 2012
The private equity business set up by former Marks & Spencer chairman Luc Vandevelde is close to finalising its debut deal to acquire the UK retailer in a £60m deal.
2 min read · 30 December 2012
Cyclacel takes venture funding to $123m; Sovereign backs UK care homes buyout; Sanos lands €8m Series A round; 3i, Montagu lead $15m Searchspace round; Transatlantic funding for Pertinence Data; Soffinova backs wireless start-up; Siemens spin-off lands €4.4m second round; Elliptic lands €8.5m backing from Apax, IVC
3 min read · 30 December 2012
Willis Group, the insurance broker, has hired three London-based risk insurance specialists from Aon Mergers & Acquisitions Group to build up its European M&A and private equity franchise.
2 min read · 30 December 2012
Italian private equity firm BS has sold a majority interest in STC, an Italian short sea transportation group, reporting an IRR of over 45 in the three years it has owned the business.
1 min read · 30 December 2012
Neil Richardson, a former partner and senior member of KKR’s London office, has moved to rival Hicks, Muse, Tate & Furst to join the firm’s European team.
1 min read · 30 December 2012
After two years of negotiations and political wrangling, Advent International has reached agreement with the Bulgarian government over the acquisition of the state-owned Bulgarian Telecommunications Company.
2 min read · 30 December 2012
The Boston-based private equity firm has acquired Switzerland-based Dufry Group, which operates duty-free shops around the world.
1 min read · 30 December 2012
ABN Amro Capital has backed a £51m secondary buyout of the UK refuse collection vehicle manufacturer Dennis Eagle from Bridgepoint Capital.
2 min read · 30 December 2012
The US and French private equity firms have announced plans to raise €250m to invest in mid-market leveraged buyouts in both the public and private sectors.
2 min read · 30 December 2012