Manifesto destiny
Conservative financial policy – or lack of it – contains little to interest private equity. The outcome of David Cameron’s inevitable clash with the EU over regulatory policy, on the other hand, could be pivotal to the City’s future.
Tuesday, 26th January 2010
LATEST NEWS
Better Capital secures first deal
Better Capital has completed its first deal with the acquisition of Gardner Group, the aerospace components supplier, in a £20m (€22.8m) transaction.
Monday, 8th February 2010Bridgepoint buys LGC for £257m
Bridgepoint has acquired forensic research group LGC from LGV Capital for £257m (€293.9m). LGV bought the company for £70m in 2003.
Monday, 8th February 2010Duke Street takes Payzone private
Duke Street has acquired a 69 per cent stake in AIM-listed consumer-payments network Payzone, in a deal that values the business at €104m. Duke Street has invested €45m of equity.
Monday, 8th February 2010Permira close to deal on Borsodchem debt
Permira has agreed terms with China’s Wanhua Industrial for a debt restructuring of embattled Hungarian chemicals company Borsodchem.
Monday, 8th February 2010Cinven joins bidders for DFS
Cinven has become the latest private equity firm to join the race for UK furniture retailer DFS, teaming up with Debenham's boss Rob Templeman for a bid.
Monday, 8th February 2010Abu Dhabi fund takes Gatwick stake
Global Infrastructure Partners has sold part of its stake in Gatwick airport to the Abu Dhabi Investment Authority.
Monday, 8th February 2010Montagu eyes IPO of BSN Medical
Montagu Private Equity has hired Morgan Stanley to work up a listing of BSN Medical, a German bandages maker, at a proposed valuation of as high as €2bn.
Monday, 8th February 2010Amadeus leads $5.5m investment in AMEE
Amadeus Capital Partners has led a $5.5m (€4m) second round of funding in UK- and US-based AMEE – a developer of an engine for computing greenhouse gas emissions – alongside existing investors O’Reilly AlphaTech Ventures and Union Square Ventures.
Monday, 8th February 2010Matrix hires Price as investment manager
Matrix Private Equity Partners has hired Christopher Price as an investment manager. Price joins the firm from Foresight Group.
Monday, 8th February 2010Longbow launches £10m EIS fund
Longbow Capital has launched its Longbow Approved EIS Fund, which has a target of £10m (€11.4m) and will be focused on investments in the healthcare, life science and well-being sectors.
Monday, 8th February 2010QUOTES OF THE WEEK
Over the medium term, there will be a permanent and malign shift in invigilatory authority from London to Brussels. It is at that stage that the industry will start to desert the city.
Daniel Hannan, Conservative MEPClearly, making money holds people together. Without that glue, tensions come out into the open.
Andrew Sealey, Campbell Lutyens Queen fails to save Northern Rock
Thu, 18
Oct 2007 May the Esprit be with you
Thu, 18
Oct 2007 Flat tax haven
Thu, 18
Oct 2007 The deer-hunter
Thu, 18
Oct 2007
Q&A: Robert Manz Enterprise Investors managing partner Robert Manz talks to Real Deals about the new economic reality, getting deals done in 2010 and the looming spectre of regulation.
LATEST ISSUE
Leader
London falling
It is a great honour to be hosting UK Mid-Market 2010 this week. This conference, conceived and organised by Real Deals, and specifically tailored towards UK private equity’s mid-market, is the first of its kind – and will without question be the most instructional day of the year so far for the industry here.
Top Story
Manifesto destiny
Conservative financial policy – or lack of it – contains little to interest private equity. The outcome of David Cameron’s inevitable clash with the EU over regulatory policy, on the other hand, could be pivotal to the City’s future.
Feature
Health scare
With government spending under pressure across Europe, healthcare has become a less sure-fire investment option than it appeared two years ago. Success will rely on picking a business model that offers cost savings to customers.
Comment
Modifying the model
As banks tentatively begin to reopen their doors, and private equity looks to re-establish itself, now could be the time for a new investment model.
News Analysis
The power of Google
The search engine giant has exercised its market power to expand relentlessly in the past decade, but it can also be a useful partner to start-ups looking for their own slice of the pie.
