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 […]
Barclays Private Equity has seen the full repayment of its investment in UK car insurance group, Admiral. The group has negotiated a GBP80 million refinancing deal, jointly underwritten by Bank of Scotland Corporate Banking and Lloyds TSB Corporate Acquisition. The capital will allow Admiral to continue its growth and pay its post-MBO debt. Barclays Private […]
The private equity practice at Pinsent Curtis Biddle has hired Tom Leman as an associate from Travers Smith Braithwaite and experienced assistant Sarkis Zeronian joins from K Legal. The appointments, both in London, give the firm a dedicated national private equity team of 50 lawyers. Private equity houses ISIS Equity Partners and Permira have chosen […]
Duke Street Capital, the pan-European fund management group, has appointed Michael Fabich and Bernd Aundrup as chairman of the new German advisory board and operating partner, respectively. These new appointments complement the establishment of the new Duke Street private equity team, focused on the German Market and headed by Ervin Schellenberg Fabich has over 20 […]
3i has realised its investment in Robinson Healthcare to complete a trio of exits in recent months, all via secondary buyouts in the healthcare sector. In this case Royal Bank Development Capital acquired the business from 3i and the Robinson family for GBP22 million. Since the summer 3i has sold Castlebeck Care to HgCapital and […]
Permira (formerly Schroder Ventures Europe) has appointed Philippe Robert as a partner and as head of Permira’s Paris office where he will be responsible for the development of the firm’s activities in France. The Permira team in Paris comprises seven professionals, including two partners. Robert’s appointment, following that of Robert Van Goethem as a partner […]
21 Invest has sold its remaining interest in Italian healthcare company Techosp and reduced its stake in listed reprographics company Servicepoint Solutions. The returns from the two investments were 56 per cent and 55.5 per cent, respectively. 21 Invest has made a number of disposals recently as it focuses its energies on investing its first […]
Listed Swedish investor Bure has agreed to sell its stake in Danish technology consulting company, Carl Bro to Sweco. Bure acquired a 51 per cent stake in the company a year ago for an undisclosed sum. For Bure, the deal frees up SEK214 million realising a gain of over SEK80 million. Bure’s shareholding in the […]
Candover, a European buyout specialist, has appointed Alejandro von der Pahlen as an advisor with a brief to originate and transact deals in Spain and Portugal. He will work alongside Gerard Conway, who will continue to work out of the London office. Concentrating on Spain and Portugal, von der Pahlen spent more than 20 years […]
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: […]