Bank of Scotland Integrated Finance sells UK industrial installation business
VC lets German software firm fly the nest
Lion Capital is positioning itself to capitalise from the growing interest in outdoor sports. It is buying AS Adventure, the Belgium-based retailer of outdoor equipment and clothing, for €263m. It sells biking, trekking, climbing, skiing and camping accessories and casual outdoor clothing. The firm retails branded goods and owns a total of 85 stores spread […]
Inflexion is backing the £44m (€61m) MBO of Eurotel, an independentUK provider of telecom services to Small to Medium sized Enterprises (SMEs). The firm founded in 1995, employs 300 people and has more than 15,000 customers. In 2005, Eurotel was acquired by Young Associates for £19m. The firm specialises in acquiring and developing telecoms and […]
ECI Partners has agreed to sell Bounty for £70m (€97.6m) to Kaboose, the largest independent family-focused online media company in North America. Bounty also acts as a marketing and advertising platform in the UK, targeting new and expectant mothers. Through access with most UK-based hospitals and established relationships with brand owners, it says it reaches […]
Firm: RCP Advisors Fund: RCP Fund V Target: $250 million Amount Raised: almost $350 million Small market fund-of-funds investor RCP Advisors as early as this month could hold a $350 million final close on its annual fundraise, its fifth and largest such fund raised to date. The firm had earlier set a hard cap of […]
California Public Employees’ Retirement System is contemplating elevating infrastructure, timber, commodities and related inflation-hedging investments to an asset class, potentially freeing up another $1.9 billion for buyout shops backing such deals. The new allocation is not expected to siphon money from more traditional private equity funds. This month the CalPERS investment committee planned to hold […]
Ornis, a Paris-based provider of IT and telecoms services to business, has been sold by its venture capital backers to Euronext listed company Risc Group, an IT data protection provider.
A report by the former science minister Lord Sainsbury says the Government should set-up a nationwide fund to solve the early stage funding deficit. Tom Allchorne looks at the proposal, and the review in general, and finds that whilst VCs endorse it, there are reservations.
London-headquartered buyout firm Gresham Private Equity has bought UK toothpaste tube maker Betts Global from Permira, Royal Bank of Scotland and the Bank of Scotland for an enterprise value of £110m.