Legal & General Ventures has sold Tragus, a UK-based casual dining group, to Blackstone for £267m. Tragus is one of the largest mid-market restaurant chains in the UK with over 160 sites across the country. It is also the owner of Café Rouge and Bella Italia chains and recently launched the new Ortega tapas concept.
Computacenter in €42m acquisition
Prefab concrete specialist sold to LBO France
Azelis, CABB, Countrywide, Dockwise, General Healthcare Group, Gerflor, Grandi Navi Veloci, Guaber Household, HC Starck, Johnson Matthey, KION, Lil-Lets, Oxo Group, PagesJaunes, Regency Entertainment, Telepizza, Thames Water, TNT Logistics, Tragus, United Biscuits, Unither, VNU Business MediaRefinancings: Dinosol, La Seda de Barcelona, Pfleiderer
The €4bn Nordic-based, mid-market private equity firm Industri Kapital sold Gardena to Husqvarna for €730m. Husqvarna, the world’s largest producer of chainsaws, lawn mowers and other petrol-powered garden equipment will buy 100% of the shares in Gardena, an Ulm, Germany-based garden tools manufacturer from Industri Kapital.
Platina Finance, a London and Paris headquartered private equity house, has raised €56m for Mistral Wind Farms I (MWF I), and €30m for Mistral Energy II (ME II).
British Smaller Companies VCT, a listed vehicle dedicated to investing in UK small and medium enterprises, is to raise up to £15.375m in a new placing.
August Equity sells Securistyle Holdings
HBOS sells Town Centre Restaurants
The California State Teachers’ Retirement System plans to commit about $6 billion to some 15 funds this year and, while re-ups may be the order of the day, the pension fund also has an interest in infrastructure funds, emerging managers, Asian funds and clean energy funds. The pension fund may also look into the possibility […]