Private Equity
A private equity consortium comprising Candover, 3i and JPMorgan Partners has completed the purchase of part of ABB’s oil and gas business for at least €729m.
2 min read · 30 December 2012
Germany’s MG Technologies has set the first week of December as the deadline for first-round bids for its Dinamit Nobel chemicals unit, which has attracted considerable private equity interest.
1 min read · 30 December 2012
The pan-European private equity firm has hired three associates to join the newly-launched Paris office, adding to offices in London, Munich and Milan.
1 min read · 30 December 2012
Iris Capital, the venture capital formerly known as Part’Com, has spun out of French bank CDC Ixis and has announced a first close of its latest fund on E100m.
2 min read · 30 December 2012
A number of high-profile fundraisings saw private equity and venture capital firms raise €4.5bn last year, higher than the €4.2bn raised at the height of the technology boom.
2 min read · 30 December 2012
PPM Ventures has backed the £56m buyout of the UK discount department store chain from JJB Sports.
2 min read · 30 December 2012
The French private equity house has agreed to back a E100m buyout of the French technology components manufacturer, marking the firm’s eighth investment.
2 min read · 30 December 2012
The German bank has hired Morgan Stanley and Tricorn Partners to evaluate strategic options for the UK cinema chain, following a number of bid approaches for the business.
2 min read · 30 December 2012
Fortress Investment Group has acquired an equity stake in Simon Storage as part of a near-£100m debt and equity financing for the private equity-backed UK fuels storage business.
2 min read · 30 December 2012
Beringea, the specialist private equity investor, has hired Trevor Hope as an investment director in its London office to assist new investments and future fundraisings.
1 min read · 30 December 2012
