European Venture Capital Journal articles from June 2004

European Venture Capital Journal archives from June 2004

New fund targets real estate.(News)(Dolphin Capital Partners)
June 1, 2004... Dolphin Capital Partners (DCP), the South Eastern European private equity firm, has revealed plans to launch a 100m [euro] fund to invest in the leisure integrated real estate sector. Targeting opportunities in Greece, Cyprus, Turkey and...

Pensions Bill causes concern for investors.(News)
June 1, 2004... There are concerns among the UK private equity community that amendments to the UK Pensions Bill could have disastrous consequences for the private equity industry. The concerns relate to amendments to clauses 35 to 38 of the Bill, which could...

Philip Yea new 3i chief exec.(News)(3i Group PLC)(Brief Article)
June 1, 2004... 3i has appointed Philip Yea as chief executive. He will succeed Brian Larcombe, who is stepping down at the AGM on July 7, 2004. Yea is currently a managing director at Investcorp within its private equity business. He will take up the...

AIM to become exchange-regulated market.(News)(Alternative Investment Market)(Brief Article)
June 1, 2004... London Stock Exchange is to change Alternative Investment Market's (AIM) regulatory status establishing AIM as a market that is not subject to European Union directives. From October 12, 2004, AIM will operate as an exchange-regulated market,...

Vintage debut secondaries.(News)(Vintage Venture Partners)
June 1, 2004... Israel-based Vintage Ventures has closed its maiden secondaries fund on $64m, exceeding its original target of $60m. Vintage Ventures was founded by Alan Feld, a former general partner at Israel Seed Ventures and Vertex Israel, and Shlomo and...

DEWB raises 6.2m [euro].(News)(Brief Article)
June 1, 2004... German investment group DEWB has raised 6.2m [euro] by issuing two million new shares at a subscription price of 3.10 [euro] per share. This has increased DEWB's share capital from 13.2m [euro] to 15.2m [euro]. It will use the funds raised for...

Finatem holds first close.(News)(DZ Private Equity)(Brief Article)
June 1, 2004... Finatem, the German mid-market private equity house, has reached a first close on its second fund with 74m [euro]. The Finatem Fund II was launched in January 2004 and hopes to reach a final close before year-end with a target size of between...

Gresham exceeds target.(News)(Brief Article)
June 1, 2004... Gresham, the UK lower mid-market MBO and expansion specialist, has closed its third fund on 235m [pounds sterling], surpassing its 200m [pounds sterling] target. The Gresham III fund was launched in May 2003, and had a first close in December...

Ripplewood to join forces with MidOcean.(News)(Ripplewood Holdings L.L.C., MidOcean Partners)(Brief Article)
June 1, 2004... US private equity firm Ripplewood is to merge with MidOcean Partners. The two groups will collaborate on new private equity investments in the US and Europe and have voiced plans to raise a joint fund in the future. The two firms will...

Business confidence high.(News)(Brief Article)
June 1, 2004... The latest quarterly 3i European Enterprise Barometer Index, measuring private companies' confidence in business, political and economic climates, has posted a further rise from the increase reported in Q1 when it was +30. The index is now +49,...

Ariadne add investors to network.(News)(Ariadne Capital)(Brief Article)
June 1, 2004... Ariadne Capital, the European venture capital group, has attached eight new investors, bringing its global investor network to 24. Six of the new investors include Mark Blandford, founder of Sportingbet; Finn Helmer, founder of Giga; Nick...

S&P launches recovery ratings for Euro secured loans.(Standard & Poors)
June 1, 2004... Standard & Poors, the credit ratings agency, has launched a new recovery rating system for secured bank loans in Europe. The new rating scale will indicate the range of expected loss or recovery that an investor can expect in the event of...

Vandevelde focuses on Change Capital.(News)(Luc Vandevelde, Change Capital Partners)(Brief Article)
June 1, 2004... Luc Vandevelde has resigned as chairman of UK retailer Marks & Spencer. His decision has been prompted by personal commitments made to the Halley family, which owns the retail group Carrefour, and which arise from the untimely death of Paul...

Lehman's mezz fund exceeds target.(News)(Lehman Brothers' European Mezzanine Fund 2003 )(Brief Article)
June 1, 2004... Lehman Brothers has closed its European Mezzanine Fund 2003 on 750m [euro], eight months after the fund was launched This is the investment bank's first dedicated mezzanine fund in Europe and was oversubscribed by 250m [euro]. It aims to invest...

North Atlantic fund raising.(finance)(North Atlantic Value)(Brief Article)
June 1, 2004... North Atlantic Value has launched its second fund, the Trident Private Equity Fund II (TPE II.) It will look to invest up to 10m [pounds sterling] in smaller UK companies, pursuing buyout, buy in, expansion capital, consolidation, public-to...

EVCA warns of tax and legal inefficiencies.(News)
June 1, 2004... Tax and legal frameworks across Europe are holding back development of the private equity market and limiting the funds available for European companies, according to the European Private Equity and Venture Capital Association (EVCA.) EVCA has...

SCM looks to real estate.(News)(SCM Strategic Capital Management formed International Real Estate Group )(Brief Article)
June 1, 2004... SCM Strategic Capital Management, which specialises in the management of discretionary and non-discretionary private equity programmes for institutional investors, has widened its investment remit to include real estate. The newly founded...

Cognis investors benefit from recap.(News)(finance)(Brief Article)
June 1, 2004... German specialty chemicals company Cognis is preparing for a 300m [euro] floating rate second lien loan or note as part of a recapitalisation of the company. Sponsors Permira and Goldman Sachs Capital are extracting a 320m [euro] dividend and...

CVC exits Trench Electric Holdings.(Exits)(CVC Capital Partners)(Brief Article)
June 1, 2004... CVC Capital Partners has agreed to sell Trench Electric Holdings, a high voltage component manufacture to Siemens for 285m [euro] on a debt-free, cash-free basis. The transaction is expected to complete in the second half of 2004, subject...

Europe's first high yield IPO.(Exits)(Findexa, initial public offering)
June 1, 2004... A new type of IPO has arrived from across the Atlantic designed to attract investors on the back of buying stock for a steady income rather than in the hope that it will soar in value. Norwegian yellow pages group Findexa, which is seeking a...

Doughty Hanson to float Umbro.(Exits)(Umbro Holdings)(Brief Article)
June 1, 2004... Umbro Holdings, the football clothing and equipment producer, intends to float on the London Stock Exchange before the end of June 2004. Reports suggest that the company will be valued at 200m [pounds sterling], which would result in...

AIM: room for improvement?(Exits)
June 1, 2004... Small cap listed companies are at risk of losing out due to their lack of innovation in the field of new product development and a perceived low level of interest from institutional investors. These are among the key findings of the AIM Survey...

Halfords' IPO pending.(Exits)
June 1, 2004... Halfords, the UK car parts and bicycle retailer, has revealed plans to float on the London Stock Exchange in Jane with an expected valuation of 626.8m [pounds sterling]. Including the company's debts of 220m [pounds sterling], the total value...

Close Venture Management realizes care homes.(Exits)(Close Brothers Venture Capital Trust sold to Active Care Partnerships)(Brief Article)
June 1, 2004... Close Brothers Venture Capital Trust has sold its specialist care home investments to Active Care Partnerships. CBVCT is realizing 14m [pounds sterling] which represents a total annualized return of 25% on the fund's investments. Since...

IPO for Telenet?(Telenet Operaties N.V., securities)(Initial public offerings)(Brief Article)
June 1, 2004... Cable Partners' investee company Yelenet Group is considering a summer IPO on the back of strong results for the period ended December 31 2003. Cable Partners, which last year changed its name from Callahan Associates, acquired 54.2% of...

Granville IPOs Public Recruitment.(Initial public offerings)(Granville Baird Capital Partners' Public Recruitment Group,)(Brief Article)
June 1, 2004... Granville Baird Capital Partners is celebrating the IPO of its portfolio company Public Recruitment Group, a recruitment group specialising in the provision of professionally qualified staff to the education and healthcare sectors in the UK....

More cash from Alfa for IK.(Exits)(Industri Kapital sold stake in Alfa Laval)(Brief Article)
June 1, 2004... Industri Kapital has sold a further stake in its portfolio company Alfa Laval. The Industri Kapital 2000 Fund has sold 10,500,000 Alfa Laval shares to Swedish and international institutional investors for a total of 125m [euro] at a price of...

Wendel seeks bioMerieux IPO.(initial public offerings, Wendel Investissement, bioMerieux S.A.)(Brief Article)
June 1, 2004... French biotech company bioMerieux is planning an IPO, French regulator Autorite des Marches Financiers (AMF) has registered its document de base, the first official document published in connection with an IPO of a company in France. ...

BBI Holdings floats on AIM.(AIM Acquisition Corp.)(Brief Article)
June 1, 2004... Cardiff-based rapid test diagnostics company, BBI holdings, has raised 5m [pounds sterling] by means of an institutional placing on AIM. Barclays Ventures is a lead investor in BBI and backed its management buyout in November 2000 along with...

3i sells Reeves Oilfield Svcs.(3i Group PLC, Reeves Oilfield Services)(Brief Article)
June 1, 2004... 3i has sold its 36% stake in Reeves Oilfield Services Limited to Precision Holdings in a 92.4m [pounds sterling] transaction. The sale is conditional upon acceptance by 90% of Reeves' shareholders, and if is approved 3i will see a profit of 33m...

Doughty Hanson to list ATU.(acquisition)(Brief Article)
June 1, 2004... Doughty Hanson is to list ATU, a German operator of specialised automotive parts stores, on the Frankfurt Stock Exchange. Doughty Hanson acquired a majority interest in the group in June 2002 for an undisclosed sum. The IPO is planned for...

EAC floats Star Energy.(European Acquisition Capital is the largest shareholder)(Brief Article)
June 1, 2004... Star Energy is to list on AIM after raising 79.1m [pounds sterling] from institutional investors. European Acquisition Capital (EAC) will remain the largest shareholder in the group with a 20% stake. EAC backed the business in October 1999...

Candover & LGV exit Earls Court.(Candover Investments PLC, Legal and General Ventures Ltd., Earl's Court & Olympia)(Brief Article)
June 1, 2004... Candover has sold its 60% stake in Earl's Court & Olympia (ECO), a UK exhibition venue and event organising company, for 245m [pounds sterling] (364m [euro].) ECO was acquired by St James Capital, the property investment fund run by Anthony...

AMJPE exits Conveco.(Aberdeen Murray Johnstone Private Equity, convenience stores)
June 1, 2004... Aberdeen Murray Johnstone Private Equity (AMJPE) has sold its 42.8% stake in the Conveco chain of convenience stores to the Co-operative Group (Co-op) for 29.2m [pounds sterling]. Co-op, which reportedly beat off bids from rival...

3i floats Pinewood.(3i Group PLC; Pinewood Shepperton Studios Ltd. selling its shares)
June 1, 2004... UK film studio Pinewood Shepperton has floated on the London Stock Exchange. The company was valued at 92m [pounds sterling], earning 3i 20m [pounds sterling] on its 60% stake. The studio raised approximately 46m [pounds sterling] from the IPO,...

BC Partners IPOs C&C.(initial public offerings)(Brief Article)
June 1, 2004... C&C is to float on the Irish Stock Exchange enabling shareholder BC Partners to reduce its stake in the business. At 2.26 [euro] per share, the offer would value C&C at 725m [euro]. BC Partners acquired C&C from Allied Domecq in 1999 for a...

Alchemy backs ATH listing.(Alchemy Partners, ATH Resources)(Brief Article)
June 1, 2004... ATH Resources, the subject of an Alchemy and Bank of Scotland-backed buyout in 1998, plans to float on AIM. Reports suggest the company is hoping to raise 12.5m [pounds sterling] through an IPO. ATH Resources was set up to extract and...

Gresham exits Sterling.(Sterling Components)(Brief Article)
June 1, 2004... Gresham has sold its 45% stake in Sterling Components, a UK passive and electromechanical components distributor, to the management team for an undisclosed fee. The sale means Gresham, the UK lower mid-market MBO and expansion specialist,...

Apax floats Moneybox on AIM.(Apax Partners Ltd., Alternative Native Market)(Brief Article)
June 1, 2004... ATM operator Moneybox has raised 47.5m [pounds sterling] through an IPO on AIM valuing the company at 93.6m [pounds sterling], Founded in 1999 with funding from Apax Partners and AIM-listed business services group Ambient, Moneybox now operates...

2e2 seeks AIM listing.(Alternative Investment Market)(Brief Article)
June 1, 2004... 2escape2 is to float on the London Stock Exchange's Alternative Investment Market (AIM) and will be renamed 2e2. Gresham hacked the business in July 2003 with 6.6m [pounds sterling] of working capital to expand the business. The company is...

NeSBIC sells Scana Noliko in secondary.(Limburg Investment Company, NeSBIC Groep N.V., Scana Noliko International)(Brief Article)
June 1, 2004... Belgian private equity firms GIMV and LRM have acquired Scana Noliko International (SNI), a producer of bottled and canned vegetables and fruits, pasta and sauces, from Benelux venture capital house NeSBIC. GIMV and LRM, along with Scana...

First biotech IPO monitor launched.(initial public offerings review by Library House)(Brief Article)
June 1, 2004... The first ever Biotechnology IPO Monitor has been published by technology researchers Library House. Aimed at investors, the report, produced in association with Ernst & Young, is an annual review of the current status of advanced stage private...

LDC exits Phones Int'l.(Phones International Group, Lloyds TSB Development Capital Ltd.)(Brief Article)
June 1, 2004... Lloyds TSB Development Capital (LDC) has sold its minority stake in Phones International Group, the UK mobile phones distributor, back to the company's chairman and chief executive Peter Jones. The IRR on LDC's investment was 20%. LDC...

Gresham exits office2office.(Exits)(Brief Article)
June 1, 2004... Office2office, a UK-based independent contract supplier of office consumables and related services, is seeking admission to the main market of the London Stock Exchange. Market analysts have put a price Lag of around 70m [pounds sterling] on...

Warburg Pincus' Czech IPO.(initial public offerings,Warburg Pincus L.L.C., Zentiva Group)(Czech Republic)(Illustration)
June 1, 2004... Zentiva, the Central and Eastern European pharmaceutical company backed by Warburg Pincus, is hoping to raise $100m through a flotation on the Prague Stock Exchange. Reports suggest the IPO could see the company valued at around $900m in what...

Strong liquidity drives structural aggression: as investor demand continues to outstrip deal supply across Europe's leveraged buyout financing markets, sponsors are demanding increasingly aggressive structures. Equity components are plummeting and US features, such as second liens, are pushing up total leverage multiples.(Buyouts)
June 1, 2004... Investor liquidity has never been higher across Europe's senior debt, high yield and mezzanine markets, driven by renewed confidence in the economic outlook and muted M&A volumes, which have left lenders with few other high yielding investment...

LBO syndications for May.(Leveraged Buy Out)
June 1, 2004... Aliplast Target nation: Belgium Date announced: 16/02/03 Deal type: LBO Acquirer: Electra Partners Europe Total value: 205m [euro] Mandated arrangers: Royal Bank of Scotland Financing: 111.1m [euro] senior debt...

Refinancings.(Buyouts)
June 1, 2004... cablecom Margins on the B and C tranches of cablecom's Sfr1.35bn refinancing have been flexed up 25bp in general syndication via mandated lead arrangers Deutsche Bank, JP Morgan, Goldman Sachs, CSFB and BNP Paribas. The move comes...

Private equity-backed takeovers subject to EU Competition Law.(Sportfive SA)(acquisition briefs)
June 1, 2004... Autobar Private equity backer: Charterhouse Business description: Catering products company Deal value: Approx 800m [euro] Notified: 17/05/04 Provisional deadline: 23/06/04 Cleared: n/a Charterhouse Capital...

Secondary buyouts announced May.(Earl's Court & Olympia)(Brief Article)(Illustration)
June 1, 2004... Secondary buyouts announced May Date of Company name Company business original deal & country description September 1999 Earl's Court & Olympia UK exhibition venue and ...

Buyouts with European targets April 26 to May 21, 2004.(Buyouts)(Illustration)
June 1, 2004... Buyouts with European targets April 26 to May 21, 2004 Target Date Target industry announced name sector 26/04/04 Europa...

EVCJ award winners 2003.(European Venture Capital Journal)(Brief Article)
June 1, 2004... Rob Lucas, CVC Capital Partners FINANCIAL SPONSOR OF THE YEAR--LARGE FUNDS [ILLUSTRATION OMITTED] Kelly Mayer, Hicks, Muse, Tate & Furst REALISATION OF THE YEAR (joint winner) [ILLUSTRATION OMITTED] Graeme Belaney...

Sagitta new hires.(Sagitta Private Equity appointed Duncan Calam and Toby Wyles)(Brief Article)
June 1, 2004... Sagitta Private Equity has made two new senior executives. Duncan Calam and Toby Wyles have joined the firm as directors. Calam has eight years of private equity investment experience with Bridgepoint, latterly as a director in its London...

CAM PE boosts team.(CAM Private Equity appointed Peter Schwanitz, Nicola von der Schulenburg, Kay Rosener)(Brief Article)
June 1, 2004... CAM Private Equity has recruited three new professionals to its investment and business development teams. Peter Schwanitz joins CAM from Sal Oppenheim where he was responsible for building up the private equity fund-of-funds portfolio, which...

SCM strengthens team.(SCM Strategic Capital Management appointed Ralph Aerni)(Brief Article)
June 1, 2004... Ralph Aerni has taken over the responsibility of the private equity team at SCM Strategic Capital Management. He was previously senior analyst in the private equity department responsible for due diligence and contract negotiations for private...

Pinsents appointments.(Philip Goldsborough, Tom Leman, Darius Lewington, Peter Wood)(Brief Article)
June 1, 2004... Pinsents has named four new corporate partners and a new banking and finance partner. The five new partners come from the firm's London and Leeds offices and have a mix of corporate finance, private equity and banking specialist expertise. The...

ISIS recruits.(Isis Equity Partners appointed James Hail)(Brief Article)
June 1, 2004... ISIS Equity Partners has strengthened its Northern team with the appointment of James Hail. Hail has eight years' experience in originating and leading private equity transactions as an investor and corporate finance adviser. Prior to joining...

SCM looks to real estate.(SCM Strategic Capital Management established new real estate)(Brief Article)
June 1, 2004... SCM Strategic Capital Management, which specialises in the management of private equity programmes for institutional investors, has widened its investment remit to include real estate. The newly founded International Real Estate Group...

BLP boosts business.(Berwin Leighton Paisner appointed Daljit Singh)(Brief Article)
June 1, 2004... Berwin Leighton Paisner (BLP) has appointed Daljit Singh as a partner in its corporate finance group. Singh was previously a private equity partner at Jones Day and specialises in both UK and international corporate finance with a primary focus...

Taylor to Barclays?(Tim Taylor joined)(Brief Article)
June 1, 2004... Tim Taylor is rumoured to have left his position as a director in Deutsche Bank's leverage finance learn to lake up a similar position at Barclays. In his new role, Taylor will report to Vijay Rajguru and Chris Coles, who head Barclays leverage...

CIBC hires.(Aurelien Loszycer, Eva Kaijsere, Jose Benedicto are appointed)(Brief Article)
June 1, 2004... CIBC has made three hires to its financial sponsor coverage & acquisition finance group. Aurelien Loszycer joins as a senior director from ING's leverage finance group, where he was responsible for French private equity coverage. Eva...

Baker Tilly wins.(winner of Growth Company Awards )(Brief Article)
June 1, 2004... Baker Tilly has been voted AIM Accountant of the Year for the second year running at the Growth Company Awards ceremony. The award was based on research among all AIM companies and a short list of accountants was drawn up based on client...

Two join AMJPE.(Aberdeen Murray Johnstone Private Equity appointed Peter Gibson and Nat Solomon)(Brief Article)
June 1, 2004... Aberdeen Murray Johnstone Private Equity (AMJPE) has appointed Peter Gibson and Nat Solomon to the industrial advisory board of its latest limited partnership fund, AMJPEE Peter Gibson, founder of Corin Medical and currently chairman of...

Avanti Capital recruits.(Jonathan Poole appointed)(Brief Article)
June 1, 2004... Avanti Capital has recruited Jonathan Poole to strengthen its investment team. Poole worked with Avanti on the recent 7m [pounds sterling] purchase of 28 selected sites of the Po Na Na estate by Barvest (40% owned by Avanti.) Most recently...

Duke Street builds team.(Nick Irens, Richard Stephenson and Didier Gros appointed at Duke Street Capital)(Brief Article)
June 1, 2004... Duke Street Capital has appointed Nick Irens, Richard Stephenson and Didier Gros as operating partners. Operating partners provide top-level industry expertise to Duke Street's investment learn on deal origination, investee company management...

Augusta appts.(Augusta & Co. appointed Thomas Warnholtz and Gerard Sander)(Brief Article)
June 1, 2004... Augusta & Co, the independent merchant bank providing corporate finance and capital markets services to European clients, has appointed Thomas Warnholtz and Gerard Sander as partners. Thomas Wamholtz is experienced in structured investments...

Bridges' new director.(Bridges Community Ventures appointed Antony Ross)(Brief Article)
June 1, 2004... Bridges Community Ventures has appointed Antony Ross, a private equity specialist with over 14 years experience, as executive director. Ross has investment experience ranging from early stage development opportunities to later stage management...

Linklaters boosts team.(Michel Frieh appointed)(Brief Article)
June 1, 2004... Linklaters has appointed Michel Frieh, a private equity lawyer, as a partner in its Paris office where he will develop Linklaters' private equity practice alongside Alain Garnier and Fabrice de La Morandiere. Frieh was previously a partner...

New 3i chief exec.(3i Group PLC appointed Philip Yea)(Brian Larcombe resigned)(Brief Article)
June 1, 2004... 3i Group has announced the appointment of Philip Yea as chief executive. He will succeed Brian Larcombe who is stepping down at the Annual General Meeting on July 7, 2004. Yea is currently a managing director at Investcorp within its...

RLPE recruits.(Royal London Private Equity appointed Tim Thomas)(Brief Article)
June 1, 2004... Royal London Private Equity (RLPE) has strengthened its investment team with the appointment of Tim Thomas as investment manager. Thomas joins RLPE having formerly worked for KMPG Corporate Finance as associate director in its financial...

Altium grows team.(Jeremy Grime, Karen Irons, William Preston appointed at Altium Capital AB)(Brief Article)
June 1, 2004... Investment banking group Altium has added Jeremy Grime and Karen Irons (both research analysts) and William Preston (sales trader) to its team. Jeremy Grime, who will be covering the specialist financials sector, joins Altium's equity...

UK 2003 performance & investment activity.(Data Room)(Illustration)
June 1, 2004... UK private equity firms increased investment activity throughout 2003 and outperformed UK pension fund assets and all FTSE Indices over three, five and ten year periods, according to British Venture Capital Association figures. UK private...

Israel: investments up.(Data Room)
June 1, 2004... In Q1 of 2004,111 Israeli high tech companies raised $323m from venture investors, both local and foreign, according to the quarterly survey conducted by the IVC Research Center. The amount was up 31% from the $246 raised by 96 companies in the...

Working out where the value lies.(LP Corner)
June 1, 2004... Analysing the performance of private equity investments remains an imprecise science, with most institutional investors opting to use the long established return multiple (cash in versus cash out) and internal rate of return (IRR) calculations....

Turnarounds: an acquired taste.(Turnarounds)
June 1, 2004... The restructuring landscape in Europe is going through great changes brought on by a combination of market conditions and legal and regulatory issues. While there is some pressure to adopt the US Chapter 11 method of restructuring, there is a...

IT corporate venturing: reasons to be cheerful: most corporate venturers have been out of the market for the last three years. But with the pick up in the wider economy and a renewed business interest in technology expenditure, Vicky Meek asks 'are we finally seeing increased investment activity among some of Europe's largest companies?'.(IT investing)
June 1, 2004... Corporate venturing in the IT sector has not been a popular activity of late. Perhaps it was inevitable that, after a mad rush to take advantage of hot public markets and the general conviction that the world had changed forever with the...

Assessing CEE private equity post Accession.(Central & Eastern Europe)
June 1, 2004... Accession day has passed and the European Union finds itself with ten new members. As the largest single expansion of the EU in its history, things will undoubtedly never be the same again, be that socially, politically or economically. Since...

Due diligence gets commercial: market, or commercial due diligence as it tends now to be known, is increasingly biting into the pot of advisory fees put aside for a private equity transaction.(Commercial due diligence)
June 1, 2004... Given the growing plethora of due diligence services being pushed at the private equity market, it's probably quite useful to examine commercial, or market, due diligence in the context of what it is trying to achieve. James Stewart, director...

Seeking buyers May.(Illustration)
June 1, 2004... Seeking buyers May Seeking buyers includes listings of all European companies that have announced plans since April 26, 2004 until May 21, 2004 to sell divisions, stakes or their entire company. It also includes purported sales efforts...

Calendar.(Seeking buyers)
June 1, 2004... Calendar 7-8 June International Private Equity Symposium. New York tel +1 800 437 9997 www.iievents.com 7-8 June BVCA Training Course ...

Announced deals May.(venture capital companies contracts)(Illustration)
June 1, 2004... Announced deals includes listings of private equity and venture capital transactions involving European targets that were announced from April 26, 2004 until May 21, 2004. The listings are ordered by target nation, and alphabetically within...

CAT Alliance Ltd: a European-based provider of environmental transaction advice.(Sponsored profile: CAT Alliance Ltd)
June 1, 2004... With a team of more than 1,000 dedicated environmental professionals in offices across 25 countries and well-proven partnerships in a further 30 countries CAT Alliance Ltd provides environmental cross-border transaction advice to corporate...

Buyout performance: stage fright?(Overview)
June 1, 2004... Does size matter? According to figures from Venture Economics, both in the US and Europe, mid-market buyout funds (under 1bn [euro] in assets) have outperformed larger buyout funds (over 1bn [euro] in assets) in both absolute performance and in...

European MBO overview: Andrew Burrows, Rod Ball and Mike Wright from the Centre for Management Buy-out Research (CMBOR) take a look at developments and trends in the European buyout market.(Overview)
June 1, 2004... The total value of buyouts in continental Europe fell last year but was nevertheless the second highest value ever recorded. The final year total of 39.7bn [euro] was 10% lower than the record 43.9bn [euro] in 2002. Despite that fall the total...