The storm moves in
For many, business earnings are holding up and panic has not yet set in. But those that don’t start to prepare for trouble today will find that tomorrow is too late.
Tuesday, 24th June 2008
LATEST NEWS
Trio sell crane investment
GIMV has sold its shareholding in tower crane rental company Arcomet alongside fellow investors Sofinim and NPM Capital.
Thursday, 26th June 2008
Regent Inns bids fail
Regent Inns, which had been in talks with potential bidders over a possible takeover since January, today announced the talks had collapsed.
Thursday, 26th June 2008
Pontis invests in mobile gaming business
Pontis Venture Partners has led a €2.3m first round of funding for mobile games company Xendex, alongside a consortium of business angels.
Thursday, 26th June 2008
AAC and ACP sell Dutch publisher
AAC Capital Partners and ACP have sold Sdu Identification to Safran for an undisclosed sum.
Thursday, 26th June 2008
Ibersuizas takes 50 per cent stake in Veinsur
Ibersuizas has acquired a 50 per cent holding in Veinsur, a distributor of Volvo trucks.
Thursday, 26th June 2008
Quartet backs Swedish clean tech
Industrifonden has led a SKr24m (€2.4m) round of funding for clean tech business TranSiC.
Thursday, 26th June 2008
UK buyout market dips to four-year low
The value of UK private equity buyouts has fallen to it lowest level for four years, with total deal values for the first half of 2008 dipping to £11bn (€13.9bn) from the £24.5bn of deals completed over the same period last year.
Wednesday, 25th June 2008
Phoenix buys Ashtead Technology Rental for £95.6m
Phoenix Equity Partners has acquired Ashtead Technology Rentals, a provider of rental equipment to the offshore oil and gas sector, in a £95.6m (€120.7m) deal.
Wednesday, 25th June 2008
GIMV doubles stake in Belgian food producer
GIMV has doubled its stake from Scana Noliko, a Belgium producer of preserved food.
Wednesday, 25th June 2008
SI Capital appoints new chairman
Spanish clean tech fund manager SI Capital has appointed Guillermo Briones as its chairman.
Wednesday, 25th June 2008QUOTES 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I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.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 RossPrivate 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
Jonathan Russell
The new chairman of EVCA and 3i’s global head of buyouts warns that unless the industry is unified, it faces a continental wave of anti-private equity legislation.
Second chances
As primary private equity investors feel the full force of a credit crisis and global slowdown, a panel of counter-cyclical secondaries experts are preparing for a deluge of deal flow.
Robert Coke: Wellcome Trust
Senior investment officer Robert Coke on sleepy GPs, listed management companies and plans to become a debt provider.
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.
LATEST ISSUE
Leader
The real PR war begins here
Soaring oil prices, plummeting house prices, Northern Rock and knife-wielding teenagers – nowadays, for a private equity investor to make the front pages, he has to be cavorting with rock stars or taking over a provincial building society.
Top Story
The storm moves in
For many, business earnings are holding up and panic has not yet set in. But those that don’t start to prepare for trouble today will find that tomorrow is too late.
Feature
Stefan Hepp: SCM Strategic Capital Management
With more than $6bn in private equity programmes, SCM’s Stefan Hepp is bullish on the mid-market, lukewarm on mezzanine and sees no improvement in European venture.
Comment
Get ready - to wait
Hopes for a deluge of western-style private equity deals in China are misconceived and premature.
News Analysis
Coelho’s clean break
The co-founder of Balderton reveals why he thought the time was right to quit the top-performing VC and join clean tech investor Good Energies.
