Deal News

Private equity and venture capital deal news from around the globe

More articles

• 3i cooking up Burger King deal 01 Sep 2010. Source: AltAssets. FTSE-listed private equity firm 3i is among the private equity firms eyeing Burger King, the world's second-largest hamburger chain, according to the Wall Street Journal.

• 3i tipped to sell Global Energy Services 01 Sep 2010. Source: AltAssets. UK private equity firm 3i Group is looking to sell its portfolio wind farm developer Global Energy Services (GES), according to reports.

• Tomkins shareholders back Canadian consortium’s £2.89bn bid 01 Sep 2010. Source: AltAssets. Canadian private equity firm Onex and pension fund the Canada Pension Plan Investment Board are to take London-based auto parts and bath tubs manufacturer Tomkins private.

• EnCap Investments targets $3.5bn for energy fund 31 Aug 2010. Source: AltAssets. US oil and gas private equity investor EnCap Investments is targeting $3.5bn for a new fund to invest in and create domestic energy companies, according to the Dallas Business Journal.

• Everstone Capital to raise $350m India logistics fund 31 Aug 2010. Source: AltAssets. Everstone Capital, the India-focused private equity and real estate investor founded by two former Goldman Sachs executives, is seeking to raise up to $350m to invest in warehouses in India, according to Bloomberg.

• US private equity firm Carlyle takes stake in Brazilian lingerie company Scalina 31 Aug 2010. Source: AltAssets. US private equity firm Carlyle has taken a stake in Scalina, Brazil's largest manufacturer and retailer of woman's hosiery and lingerie. Terms were not disclosed, but the firm reportedly paid out BRL215m ($123m) for a 51 per cent stake in the company.

• L Capital Asia tries on Hong Kong's Emperor Watch & Jewellery 31 Aug 2010. Source: AltAssets. A private equity fund backed by French luxury goods conglomerate LVMH has made its third investment in Asia.

• Cleantech Invest partially exits SiC Processing 27 Aug 2010. Swiss-headquartered growth capital fund Cleantech Invest has sold a stake in silicon wafer equipment company SiC Processing in a trade sale to Nordic Capital Fund VII.

• UK fund of funds SVG Capital sees asset values bounce back 27 Aug 2010. Source: AltAssets. UK private equity fund of funds SVG Capital has seen its assets rise as portfolio company valuations continue to improve.

• Bain Capital expected to close $1bn Air Medical deal 27 Aug 2010. Source: AltAssets. US private equity firm Bain Capital is expected to acquire Air Medical Group Holdings for almost $1bn, according to the Wall Street Journal.

• Ratos readies Bisnode for sale 26 Aug 2010. Source: AltAssets. Swedish private equity firm Ratos is reportedly looking to sell portfolio company Bisnode, a business information firm.

• Court Square picks up Fibertech for $500m 26 Aug 2010. Source: AltAssets. US private equity firm Court Square Capital Partners has acquired fiber-optic network leasing company Fibertech Networks from Nautic Partners and Ridgemont Equity Partners for $500m, according to the Wall Street Journal.

• Nautic Partners and Norwest sell medical manufacturer company Gaymar Industries for $150m 25 Aug 2010. Source: AltAssets. US private equity firms Nautic Partners and Norwest have sold Gaymar Industries, a manufacturer of therapeutic mattresses and temperature management products, for $150m.

• Riverside makes 68 per cent IRR on CLC exit 25 Aug 2010. Source: AltAssets. US mid-market investor the Riverside Company has achieved a strong payday on the sale of CLC, a Virginia-based manufacturer of window films.

• Mill Road Capital tucks in to Rubio’s restaurant chain 25 Aug 2010. Source: AltAssets. US private equity firm is to take Mexican food chain Rubio’s Restaurants private. The firm is to pay $8.70 per share, for a reported deal value of $91m.

• Amazon exec-founded cloud computing specialist Nimbula raises $15m funding 25 Aug 2010. Source: AltAssets. A cloud operating system company founded by former executives of online retail giant Amazon has secured $15m in series B funding. Accel Partners led the round with participation from Sequoia Capital, who led the company’s first round.

• EQT, GS Capital spruce up Danish cleaning services company ISS for IPO 25 Aug 2010. Source: AltAssets. Swedish private equity firm EQT and the buy-out arm of US investment bank Goldman Sachs are readying Danish cleaning services company ISS for an IPO.

• Rutland Partners acquires UK tool hire business 24 Aug 2010. Source: AltAssets. UK turnaround specialist Rutland Partners has acquired Wolseley, a tool and equipment hire business, from parent company Brandon Hire for £43m (€52.4m).

• Triton acquires majority Ovako stake 24 Aug 2010. Source: AltAssets. European private equity investor Triton has acquired a majority stake in Ovako, a Nordic steelmaker.

• 3i looking to sell baby bottle maker for over £200m 24 Aug 2010. Source: AltAssets. UK private equity firm 3i is looking to sell Mayborn, maker of the Tommee Tippee baby bottles, for over £200m (€244m), according to the Independent.

• PAI Partners considers splitting Yoplait in two for sale 24 Aug 2010. Source: AltAssets. French private equity firm PAI Partners is considering dividing yogurt maker into two companies as part of a potential sale of its 50 per cent stake in the business, according to Bloomberg.

• Venture-backed social networking company bought by China’s Tencent 24 Aug 2010. Source: AltAssets. A venture-backed Chinese social media company has been acquired by Tencent, China’s largest online game operator and instant messaging provider.

• Thoma Bravo picks up LANDesk Software from Emerson 23 Aug 2010. Source: AltAssets. US private equity firm Thoma Bravo has acquired systems management company LANDesk from industrial conglomerate Emerson Electric.