Private Equity
The US venture capital firm has sold its 26 per cent stake in Munich-based IXOS Software following the sale of the company to Canadian group Open Text Corporation.
2 min read · 30 December 2012
Doughty Hanson’s real estate unit has realised a second investment in Italy, achieving a 2.5 return on investment by selling L'Oréal Italia's headquarters building in Milan to German open-end fund WestInvest.
2 min read · 30 December 2012
The US firm’s real estate group has agreed to pay $1.2bn to acquire a 51-site real estate portfolio in a sale and lease-back agreement with Deutsche Bank.
2 min read · 30 December 2012
The private equity arm of JP Morgan Chase has agreed to pay £350m for the UK car wash business acquired in 1998 by a consortium including Bridgepoint Capital and Phoenix Equity Partners.
2 min read · 30 December 2012
The use of high yield financing is a staple feature of leveraged buyouts, but participants in deals may not appreciate the need for precisely tailored covenants. Valerie Jacob, co-managing partner of Fried, Frank, Harris, Schriver & Jacobson, highlights the keys to investor protection.
10 min read · 30 December 2012
The European mid-market private equity firm has backed a $40m management buyout at the UK security business of US group ArmorGroup International.
2 min read · 30 December 2012
Hicks Muse Tate & Furst has made a further bolt-on acquisition at its Premier Foods portfolio business, acquiring two food brands from Unilever.
2 min read · 30 December 2012
Advent International’s poultry business, bought from BC Partners in May, has made an add-on acquisition in Belgium as part of Advent’s effort to grow its investment.
2 min read · 30 December 2012
The E30m buyout of the pharmaceutical services business from 3i is ABN Amro’s third Spanish deal and marks the first secondary buyout completed in Spain.
1 min read · 30 December 2012
A group of Swedish retail professionals are planning to raise E80m to invest in mid-sized Nordic retail companies.
2 min read · 30 December 2012
