AMJPE has appointed Francesco Santinon to the Leeds office to lead the team. He will be in charge of AMJPE’s investment activity in Yorkshire and the North East, reporting to Gary Tipper who is head of investment for the English offices. Santinon joins AMJPE from Close Brothers Private Equity (CBPE) in London, another mid-market private […]
GIMV has appointed a select group of industry leaders from leading international technology companies to advise it on investments within the ICT business unit. The aim of the advisory board is also to further reinforcing the firm’s ICT network, leading to greater added value for its portfolio companies. The members of the advisory board are: […]
Chequers Capital, formerly Charterhouse France which gained its independence last year, has reached a final close on its debut fund at EURO300 million. The final close was 50 per cent above the original target of EURO200 million. Commitments were secured from over 30 institutions with around one third coming from America, one third from France […]
Intermediate Capital Group plc, the European provider of mezzanine finance, has appointed Paul Piper to the main ICG board as an executive director. Piper was part of the original team of ICG at the time of its foundation in 1989. He is head of the UK mezzanine group and has been a member of ICG’s […]
Bruno Deschamps has joined the Clayton, Dubilier & Rice team, based in the firm’s European headquarters London office. Deschamps was formerly president and chief operating officer of Ecolab and is well known in Europe and the US as a skilled manager of complex business transformations and for successfully implementing growth strategies in a number of […]
Bank of Scotland is mandated to arrange a GBP61 million refinancing for The Stationery Office. Apax Partners acquired the business via a secondary management buyout from Electra in 1999. This refinancing does not represent a re-leveraging of the business, but will instead allow the company to reduce its debt burden through the re-organisation of its […]
European buyout specialist Candover is building on its presence in the Spanish market with the appointment of Alejandro von der Pahlen as an advisor to originate deals for the firm in Spain and Portugal. He will work alongside Gerard Conway, who will continue to be based in the London office. Von der Pahlen has a […]
CIBC World Markets and Morgan Stanley have launched syndication of the EURO825 million leveraged recap facility for Xerium, the Apax Partners-backed paper-making machine parts company formerly known as BTR Paper. The facility comprises a EURO350 million seven-year term loan A at 225bp over Euribor, a EURO150 million eight-year term loan B paying 275bp over Euribor, […]
Accountancy firms seem to be taking a break from early stage ventures with most putting their incubator models launched at the height of the tech boom on hold. Ernst & Young for example, which like counterparts Deloitte & Touche and KPMG had set up a division operating as an accelerator rather than an incubator, offering […]
A new German buyout fund has made a break from tradition by adopting a stock corporation structure instead of the usual limited partnership arrangement. Frank Hock, managing director of Munich-based Barlage Knoth & Cie (BKCie), said the reasons for using this structure include improved transparency and tax security for investors. The fund expects to hold […]