Buyer: Advent International Target: Mr. Clean Platform: Atmosfera Headquarters: Brazil Price: $23 million Advent International is trying to clean up in the laundry business. One of its portfolio companies in Brazil, Atmosfera, just vastly expanded its textile cleaning business by acquiring Mr. Clean—not the famous American detergent emblazoned with the bald-headed cleaning genie, but Brazil’s […]
The Teacher Retirement System of Texas last week was scheduled to discuss a gubernatorial request that it allocate up to $600 million for direct venture capital investments into Texas-based companies and related technology endeavors. If approved, it would rank as the largest venture capital fund based in Texas. TRS currently makes all of its venture […]
UK technology development company Cambridge Consultants (CCL) and venture capital firm Esprit Capital Partners have joined forces and launched a €15m VC fund. The money will be used exclusively to fund company creations four years after it abandoned the idea.
Mercapital, the Madrid-based private equity firm, has raised €550m for its third buyout fund, €50m over its original target.
London-based mid-market firms Duke Street Capital and Englefield Capital have sold their combined stake in UK- based auto insurers Equity Insurance Group to Insurance Australia Group (IAG), for €845m. Significant investment in Equity Insurance Brokers saw the business expand its coverage in the UK by opening up an extra 14 stores.
UK food supplier sold to European Capital
Mid-market firm raises €52m
Mid-market firm raises €52m
UK firms sell ASP to mobile phone giant
You can spot them in a New York skyscraper or maybe a West Coast pension fund office, but also in far less well-trod offices in Paris, Texas and Algoma, Wisconsin. Where other discretionary advisors are too big or too slow to go, they are knocking on the door. These are the guerilla investors, roving in […]