LATEST NEWS

Warburg Pincus buys Safetykleen Europe

Warburg Pincus has acquired Safetykleen Europe from CCMP Capital Advisers in a deal valuing the company at £565m (€712m).

Wednesday, 30th April 2008
Bancroft targets €250m for third fund

Bancroft Private Equity is aiming to raise €250m for its third fund targeting Central and Eastern Europe.

Wednesday, 30th April 2008
Five bidders line up for Cavalli

At least five private equity firms are expected to submit bids for a stake in Italian fashion house Roberto Cavalli next month.

Wednesday, 30th April 2008
Fountain Healthcare holds €75m first close on maiden fund

Fountain Healthcare Partners has announced the first close of its maiden fund, Healthcare Partners I, with €75m of commitments.

Wednesday, 30th April 2008
SCM launches in London and Hong Kong

SCM Strategic Capital Management has opened an office in London to be run by new partner Karin Russell-Wiederkehr, head of global markets.

Wednesday, 30th April 2008
Permira sells Debitel to Freenet for €1.63bn

Permira has sold German mobile service provider Debitel to Freenet in a €1.63bn deal, putting an end of United Internet's ambitions for the business.

Tuesday, 29th April 2008
French turnaround house holds €75m first close

Paris-based turnaround house Vermeer Capital has held a €75m first close on its maiden turnaround fund.

Tuesday, 29th April 2008
Sinia Renewables takes stake in Adelanta

Spanish bank Sabadell’s private equity division Sinia Renewables has taken a 25 per cent stake in Adelanta, the parent body of a number of Galician groups operating in the renewable energy sector.

Tuesday, 29th April 2008
Advent sells Bolix to India’s Berger

Advent International has sold Bolix, a Polish construction materials company, to Berger Paints India. The deal is believed to be worth in the region of $40m (€26m).

Tuesday, 29th April 2008
Industri Kapital offloads CPS Color

Industri Kapital has sold tinting systems supplier CPS Color Group to Nordic Capital.

Tuesday, 29th April 2008

QUOTES OF THE WEEK

I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.

Wilbur Ross

Private equity companies have targeted car parks as a cash cow, taking over £1 billion out of the industry in the last few years

Rob Kelsall, GMB, responsible for car park workers
Queen fails to save Northern Rock 18, 18 Oct 2007 May the Esprit be with you 18, 18 Oct 2007 Flat tax haven 18, 18 Oct 2007 The deer-hunter 18, 18 Oct 2007
Q&A with Simon Walker

The new chief executive of the BVCA has big ambitions for the UK’s venture capital and private equity industry in 2008.


James Caan

As the latest member of the panel on the BBC’s Dragons’ Den, serial entrepreneur James Caan is gaining a new perspective on backing businesses.


Mark Fox

As head of communications at the BVCA, Mark Fox has witnessed a period of huge growth in the coverage of private equity – and a summer of unprecedented media attention. 


Wol Kolade

The BVCA has launched a review of its practices amid deep member discontent over the body’s handling of the widespread criticism of the...


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LATEST ISSUE

Leader

A new name, a fresh approach A new name, a fresh approach

Of all the topics covered in this column over the past six years, the overriding issue that demands a definitive answer is “how private should private equity be?”

Top Story

Q&A with Brian Blakemore Q&A with Brian Blakemore

After 20 years shaping one of the few successful captive buyout operations, the man who said “sod this” to an education is stepping down at Barclays Private Equity.

Feature

The Private Equity Awards The Private Equity Awards

The seventh Real Deals/BVCA Private Equity Awards recognised the best that the industry had to offer during 2007.

Comment

The converging market The converging market

Private equity firms should be applauded for trying to increase their product range – but GPs must not hedge their bets.

News Analysis

Scraping the barrel Scraping the barrel

The Environmental Technology Fund’s recent £110m (€139m) close of its maiden fund has highlighted the ever-growing interest in clean technology investment opportunities, with the sector fast cementing its position as the third pillar of the venture world.


Real Deals 1.5.08

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