European Venture Capital Journal articles from September 2007

European Venture Capital Journal archives from September 2007

The big bail-out: the ECB, the FED, the Bank of Japan, the Bank of Canada and the Russian Central Bank scrambled to provide succour to the summer markets but none to be found for buyout houses.(EDITOR'S NOTE)
September 1, 2007... Early in the summer I sat in the Treasury Select Committee listening to Carlyle's managing director Robert Easton say that covenant light loans are good for companies and that clearly there was confusion about them. He even offered to give the...

UK's landmark deal boosts record setting numbers.(LONDON)(Brief article)
September 1, 2007... The UK private equity market has seen 25bn [pounds sterling] of deals completed in the first six months of this year, close to the full year figure of 26.5bn [pounds sterling] for 2006, itself a record. The half-yearly figures represents a...

ECB cash injection.(BRUSSELS)
September 1, 2007... The European Central Bank is to pump 40bn [euro] into the financial system to ease the credit crunch. The money is spread across three months to help banks cope with the downturn, but the ECB did warn it was sticking to its monetary policy and...

Top VC investor Scottish Enterprise.(EDINBURGH)
September 1, 2007... The top investor by deal number in the recent Library House survey was the Scottish Enterprise Fund which completed 51 investments over the period. The activity of Scottish Enterprise has presaged a dramatic growth in the number of venture...

New laws to make buyouts easier passed.(MADRID)(Brief article)
September 1, 2007... Spain has introduced a new company takeover code. Of particular relevance to private equity, the new legislation includes a squeeze-out clause, whereby a buyer can force reluctant sellers to divest once its controls 90% of the equity. Break...

Private equity firms forced to open up.(BERLIN)
September 1, 2007... German chancellor Angela cabinet raft of new disclosure rules aimed equity and hedge funds to become more transparent despite indications a few months ago that it was looking to remove barriers to investment. [ILLUSTRATION OMITTED] If...

CVCI debuts in Israel.(TEL AVIV)
September 1, 2007... Growth markets specialist Citi Venture Capital International (CVCI) has made its first investment in Israel by committing US$20m in Aviv Ventures II, a VC fund managed by Israeli firm Aviv Venture Capital. The fund has a target size of US$100m....

Carlyle moves into Eastern Europe.(WARSAW)
September 1, 2007... US private equity firm The Carlyle Group has opened an office in Warsaw as it looks to increase its exposure to Central and Eastern Europe. The team will be headed by managing director Ryszard Wojtkowsk, who joins from Polish firm Enterprise...

UK Venture-backed companies raised 1.4bn [pounds sterling] in 2006.(LONDON)
September 1, 2007... According to research by UBS Wealth Management and Library House in 2006, 1,668 venture-backed companies in the UK raised a total of just under 1.4bn, [pounds sterling] an increase of 27% from 2005. The dramatic rise was driven by significant...

Chinese challenges: as 3i makes its first ever onshore investment in China, Tom Allchorne looks at how Beijing is developing a home-grown private equity market at the expense of overseas investors.(NEWS ANALYSIS)
September 1, 2007... UK private equity giant 3i has made its first onshore investment in China, almost a year after new regulations were enacted to make it more difficult for overseas investors to acquire stakes in Chinese companies. 3i, which already has 10...

Sovereign shock: as government-backed investment funds move from passive to pro-active investors, Tom Allchorne investigates what impact this will have on private equity.(NEWS ANALYSIS)
September 1, 2007... Sovereign wealth funds (SWFs) have shot onto the finance pages over the summer as fears abound that these mega-rich government-backed vehicles are poised for an onslaught on the world's M&A market. Long regarded as a lender of money, SWFs are...

Rich pickings in a bear market: the LBO freeze has seen investors dump assets on to the secondary markets as they try to get some liquidity. Tom Allchorne looks at how the clever buyer can pick up some bargains.(NEWS ANALYSIS)
September 1, 2007... Long predicted, the end of the LBO boom appears to be upon us. Higher than expected defaults in the US sub-prime market have hit hard, and banks are finding it more and more difficult to syndicate as hedge funds and CLOs pull in their oars. On...

Does lobbying work for the PE industry? Rob Stokes shows how hard evidence to counter damaging propaganda is valuable ammunition for the British Private Equity & Venture Capital Association (BVCA), the European Venture Capital Association (EVCA) and the Private Equity Council (PEC).(LEGAL ANALYSIS)
September 1, 2007... Private Equity does not earn its keep at the expense of jobs in the companies it invests in, British academics will report in a new study that was due to be published this month. This analysis by the influential Centre for Management Buyout...

Syntaxis on course for 125m [euro].(MEZZANINE)
September 1, 2007... Syntaxis Capital, an Austrian-headquartered mezzanine debt investor, has reached a first close on its maiden fund, raising around 60m [euro] almost 18 months after the firm was founded. The fund will invest in mid-market businesses in the...

NBGI Private Equity raises 62.5m [pounds sterling].(SMES)
September 1, 2007... NBGI Private Equity, the UK buyouts house aimed at small to medium-sized businesses, has held an initial closing of its second fund, reaching 62.5m [pounds sterling] for its 100m [pounds sterling fund. The firm is now looking to diversify...

12 Capital targets Italian deals.(SPECIAL SITUATIONS)
September 1, 2007... 12 Capital, an Italian investment firm focused on special situations, has closed 12 Capital Partners Fund on 200m [euro], exceeding its original target size of 180m [euro]. The fund distressed businesses, portfolios of minority positions in...

Schroder raising fourth FoF.(Schroder Private Equity)(Fund of Funds)(Brief article)
September 1, 2007... SVG Advisers, the fund management arm of SVG Capital, has held a first close for Schroder Private Equity Fund of Funds IV on 200m [euro]. The fund will investment in private equity funds in Europe and the US, aiming to hold stakes in around...

Parallel invests in Duke Street.(MID-MARKET)
September 1, 2007... Parallel Private Equity, a UK fund-of-funds investor, has committed to investing 200m [euro] over four years in Duke Street Capital's sixth fund. UK mid-market firm Duke Street is close to wrapping up its 1bn [pounds sterling] fund...

AXA raises US$2.9bn for secondries: three investments already made as investors seek short-term liquidity.(LAUNCH)
September 1, 2007... AXA Private Equity, the Paris-headquartered PE arm of investment bank AXA, has closes its fourth secondaries fund on US$2.9bn, taking their total assets under management in secondary funds to over US$5bn. The fund attracted investment from...

CAM strikes up partnership with Fairview: German fund-of-funds manager looks to improve global coverage.(JOINT VENTURE)
September 1, 2007... German fund-of-funds manager CAM Private Equity has established a joint venture with a US fund-of-funds as it looks to increase its global investment capability. It has teamed up with Fairview Capital Partners, of Farmington, Connecticut...

H.I.G. Capital closes 600m [euro] Europe fund: and opens three offices.(LAUNCH)
September 1, 2007... H.I.G. Capital, the 3.5 Billion [euro] American, buyout, venture capital and distressed debt house, closed on its dedicated European investment fund. H.I.G. European Partners reached its hard cap of 600 Million [euro]. H.I.G. will use the fund...

Rutland Partners closes second fund and makes first investment: with 322m [pounds sterling] to spend, Rutland takes on Attends Healthcare.(LAUNCH)
September 1, 2007... Rutland Partners, the London-based, UK-focused private equity house, has closed its second fund at 322 million [pounds sterling]. The fund called Rutland Fund II had a target of 250m [pounds sterling] and held a first close at 312m [pounds...

IK buys Schenck.(SECONDARY)
September 1, 2007... Mid-market firm Industri Kapital is to acquire a majority stake in Schenck Process, a German provider of measuring and process technologies in industrial weighing, feeding, screening and automation. The business is being sold by HgCapital,...

Seventure sells portfolio.(PORTFOLIO SALE)
September 1, 2007... Seventure Partners, a French VC, has sold a portfolio of minority positions to Headway Capital Partners ahead of the liquidation of Banque Populaires Innovation, the firm's first FCPI in 1997. Seventure Partners will continue to manage some...

AIG ejects JetFinance.(TRADE SALE)
September 1, 2007... AIG New Europe Fund, the Eastern European-targeted fund of AIG Investments, has sold JetFinance International to BNP Paribas. JetFinance was founded in November 2001 and is now the leading specialised consumer fnance company in Bulgaria....

Foresight records Oasis sale.(SECONDARY)(Foresight Venture Partners)(Oasis Healthcare)(Brief article)
September 1, 2007... Foresight Venture Partners has sold its investment in Oasis Healthcare, the AIM listed dental care provider, generates a total return of 5.1x for Foresight 3 VCT plc. Foresight's 10% shareholding in Oasis, which was held by Foresight VCT 3...

Rutland sells Swedish stake.(SECONDARY)
September 1, 2007... Rutland Partners has sold its stake in Svensk Pantbelaning (SP) to Preato Capital, the parent company of Finland's largest pawnbroker, Helsingin Pantti-Osakeyhtio. Rutland acquired SP in September 2004 from Cash America.

Carlyle and Advent make 775m [euro] window exit: HT Troplast is Arcapita's largest investment to date.(SECONDARY)
September 1, 2007... US private equity firms Carlyle Group and Advent International have sold their combined stake in German window and door profile maker HT Troplast. [ILLUSTRATION OMITTED] The Troisdorf-based company, which develops, manufactures and...

PAI cleans up in ELIS sale: Eurazeo buys cleaning services business for 2.28bn [euro].(SECONDARY)
September 1, 2007... French buyouts outfit Eurazeo has acquired ELIS, a French provider of rental and cleaning services, for an enterprise value of 2.28bn [euro], from PAI Partners. Eurazeo and Eurazeo Co-Investment Partners (ECIP) will between them make an...

Apax sells Healthcare at Home: Hutton Collins buys specialist medical treatment business.(SECONDARY)
September 1, 2007... UK buyouts giant Apax Partners has sold its minority stake Healthcare at Home, an in-home healthcare provider, to Hutton Collins, the debt and equity investment firm, in a deal worth more than 200m [pounds sterling]. [ILLUSTRATION OMITTED]...

Exponent buys Cardsave: UK credit card terminal supplier sold.(SECONDARY)(Company overview)
September 1, 2007... Cardsave, a UK provider of credit card terminals and services, has been sold by a private equity consortium to Exponent Private Equity in a 70m [pounds sterling] deal led by Clive Kahn, the former chief executive of Travelex. Kahn will...

VCs sell internet messenger.(TRADE SALE)
September 1, 2007... YAC Limited, a venture-backed provider of internet messaging services, has been acquired by US group j2 Global Communications. Headquartered in Ireland, YAC was founded in 1999 and raised a total of US$15.5m from Pond Ventures, zouk...

450m [pounds sterling] for UK pipe maker.(SECONDARY)
September 1, 2007... US private equity firm Castle Harlan has realized its investment in Polypipe Group, a Doncaster, South Yorkshire-based supplier of plastic pipe systems, in a 450m [pounds sterling] sale to Bank of Scotland Integrated Finance. Castle Harlan...

Carlyle makes electronic sale.(TRADE SALE)
September 1, 2007... US private equity giant Carlyle has sold CAMECA, a maker of ion and electron probes based in France, to AMETEK, a US electronics manufacturer, for 82m [euro]. Carlyle Europe Venture Partners acquired CAMECA in April 2005. Under Carlyle's...

Piper PE sells Iguanas.(SECONDARY)(Piper Private Equity)(Brief article)
September 1, 2007... UK mid-market firm Bowmark Capita has acquired 100% of the share capital of Las Iguanas Brazilian restaurant as part of a 27m [pounds sterling] MBO. Las Iguanas operates a chain of 14 Latin American restaurants across the UK, and...

Cheesy money.(REFINANCING)
September 1, 2007... Inflexion Private Equity has refinanced Ilchester Cheese Company, almost three years after acquiring the company. Inflexion backed an MBO in December 2004, and since then the firm has increased capital expenditure by 70%.

Southern exposure: Italy and Spain, the two main buyout markets in Southern Europe, have experienced continued growth in deal activity in the past six to 12 months. But some major transactions have failed to reach fruition and, for smaller and mid-market deals, there is often a lack of awareness about private equity among potential vendors.(SOUTHERN EUROPE)
September 1, 2007... Private equity activity was buoyant in the first half of the year, particularly in Spain. According to the Spanish venture capital association ACRI, equity investment by buyout and venture capital houses was more than 1.8bn [euro] in the first...

Venture Capital down South: VC investment in Spain and Italy is underdeveloped but new funds have been launched.(SOUTHERN EUROPE)
September 1, 2007... According to the Spanish association ASCRI, the number of venture deals grew by 46% to 353 last year, while investment increased by 77% to 348m [euro]. In Italy the figures, at least for early stage investment, are low. According to the Italian...

Retail in detail: private equity owners of retail businesses may not have to deal with the tit-for-tat of public quarterly earnings reports but the macroeconomic climate hits them just as hard. Anthony O'Connor asks if the current climate will send retailers into therapy.(CONSUMER SECTOR)
September 1, 2007... Private equity backers of retail businesses regularly contend that what makes their ownership model special is that they are not beholden to the public market's approach of continual monthly comparisons of like-for-like sales figures and...

OYAK: the pension fund with PE style: Amanda Williams Palmer talks to OYAK's executive vice president of investment, Caner Oner about this unique US$2.13 billion fund.(PROFILE)(Interview)
September 1, 2007... Ordu Yardimlasma Kurumu or OYAK, the armed forces pension fund was Turkey's first and is still its largest privately-owned pension fund. OYAK is not only a pension fund but also a life and health insurer and a credit union for its 230,000...

How BRIC became TRIC: the incredible rise of Turkey's popularity for foreign direct investment the past two years has seen many private equity houses in search of growth turn to the TRIC countries of Turkey, Russia, India and China. But will this be yet another false start for Turkish private equity?(ANALYSIS)
September 1, 2007... The dawn of private equity in Turkey has been heralded time and time again since the first wave of investors such as Nomura Sparx Group and Merrill Lynch Investments entered the market in 1995. But when the private investment arm of the C$100...

HgCapital names new chair and CEO.(RETIREMENT)(retirement of Leonard Licht )(Brief article)
September 1, 2007... UK mid-market buyouts house HgCapital is undertaking a management upheaval following the retirement of Leonard Licht as chairman in September, bringing to an end his seven year tenure in the position. [ILLUSTRATION OMITTED] The role...

Bar Cap names vice-chairman.(appointment of John Lovering)(Brief article)
September 1, 2007... Barclays Capital, the investment arm of the UK banking group, has hired John Lovering, founder of Echelon Capital, the London-headquartered property investment firm. Lovering will work alongside Roger Jenkins, head of principal investing and...

Carlyle's CEE team.(RETIREMENT)
September 1, 2007... Global private equity firm The Carlyle Group established a team to invest in Central and Eastern Europe. The CEE team will be headed by managing director Ryszard Wojtkowski. Wojtkowski comes to Carlyle from Enterprise Investors where he was...

H.I.G. of USA hires nine for European offices.(RETIREMENT)
September 1, 2007... H.I.G has recruited a number of senior European investment professionals to build its European team, including: Matthias Allgaier, as managing director. He was previously with Apax and General Atlantic Partners; Paul Canning, who was previously...

GIP names London partner.(RETIREMENT)
September 1, 2007... Global Infrastructure Partners (GIP), a US private equity infrastructure investor, has appointed Joseph Blum as a partner and general counsel, based at the firm's London office. Blum has experience in all aspects of cross-border project...

Linklaters builds banking team.(RETIREMENT)
September 1, 2007... Legal powerhouse Linklaters has added Brian Gray, formerly of Freshfields, to its London banking practice. Gray specialises in leveraged and acquisition financing. He had been a partner at Freshfields Bruckhaus Deringer since 2002, and is...

ACP hires finance head.(RETIREMENT)
September 1, 2007... ACP Capital Limited, the Jersey, UK-based merchant bank focused on small and medium sized enterprises in Europe, has appointed Lyndon Miles as head of finance. He will be responsible for the origination of non-investment grade debt...

DN Capital names managing partner.(RETIREMENT)
September 1, 2007... UK headquartered VC DN Capital has swelled its senior ranks by one with the appointment of Pierre Suhrcke as managing partner. Suhrcke will focus on financial service technology companies and development capital deals as well as provide...

Lovells adds to French team.(appointment of Pascal de Moidrey)(Brief article)
September 1, 2007... UK law firm Lovells has appointed Pascal de Moidrey from Eversheds to its Paris private equity practice. De Moidrey worked at Moquet Borde & Associes and then moved to Gide Loyrette Nouel. He left Gide in 1997 to become one of the founding...

Advent VP adds two to venture team.(RETIREMENT)
September 1, 2007... UK venture firm Advent Venture Partners has appointed Don Drakeman and Rudi Pauwels as venture partners in the life sciences team. They will work closely with portfolio companies and with the investment team to source, assess and manage new...

Close Bros adds an associate.(RETIREMENT)
September 1, 2007... Close Brothers Growth Capital, the equity and debt providers, has hired Ashley Brady as associate director, who joins from 3i. At 3i he worked on such as the buy-out of Conference Centres. He was also responsible for origination, conducting...

Esprit hires investment manager.(Esprit Capital Partners appoints Cedric Latessa)(Brief article)
September 1, 2007... UK venture capital firm Esprit Capital Partners has named Cedric Latessa as investment manager. He was previously an associate at BIP Investment Partners in Luxembourg, a 500m [euro] listed private equity fund investing in European high tech...

Albany takes Hope.(RETIREMENT)
September 1, 2007... Albany Ventures has appointed Richard Hope as associate director. Hope has been involved in making and managing venture capital investments since 2000. He joins from Noble Ventures, where he specialised in small cap quoted and unquoted...

TSB's new head of leveraged syndications.(appointment of David Whiteley)(Brief article)
September 1, 2007... Lloyds TSB Corporate Markets has appointed David Whiteley as managing director and head of its newly formed leveraged loan syndication team. Whiteley has joined from Royal Bank of Scotland where he was a managing director in the capital markets...

Campbell Lutyens promotes.(RETIREMENT)
September 1, 2007... Campbell Lutyens, the UK private equity advisory firm, has promoted Christoffer Davidsson to partner at the firm. Davidsson joined in 2001 after working in New York in the private equity finance groups of ING Barings and WR Hambrecht + Co.

Imperial names new Circassia chair.(RETIREMENT)
September 1, 2007... Circassia, a specialty biopharmaceutical company focused on controlling immune system responses owned by early-stage investor Imperial Innovations, has named Sir Richard Sykes as chairman of the board. Sir Richard succeeds Charles Swingland who...

Maxwell arrives at Allianz.(RETIREMENT)
September 1, 2007... John Maxwell, the former head of the private equity arm at Standard Life Investments, has been installed as global head of Allianz indirect private equity business in London as the German insurance group looks to expand its fund of funds...

3i builds CEE team.(appointment of Andrzej Szostak)(Brief article)
September 1, 2007... 3i has added Andrzej Szostak to its Central and Eastern European buyouts team. Based primarily in Warsaw, he will focus on identifying, introducing and executing buyouts in Poland and the rest of CEE, targeting companies with an enterprise...

Jupiter loses founder to 360 Capital Partners.(RETIREMENT)
September 1, 2007... 360 Capital Partners, the Italian headquartered venture capital firm, has recruited Paolo Gesess, founder and managing partner of Jupiter Venture, as a partner. He joins Fausto Boni, Emanuele Levi, Diana Saraceni and Francois Tison at the firm,...

Greenpark builds team by four.(INDUSTRY)(appointment of Daniel Green and Philippe Munch)(Brief article)
September 1, 2007... UK secondaries firm Greenpark Capital has strengthened its team by making two promotions and two new hires. Daniel Green has been promoted to investment director and Philippe Munch to associate investment director. Mark Huber and Tanja Saaty...

GCP appoints a new venture partner.(PEOPLE)
September 1, 2007... Austrian technology VC Gamma Capital Partners (GCP) has added serial entrepreneur and angel investor Christian Lutz to its ranks as a venture partner. Bringing with him 15 years of experience as an operating manager and entrepreneur in the...

Advent names interim Lloyds TSB registrars.(PEOPLE)
September 1, 2007... Advent International has appointed an interim advisory board for Lloyds TSB Registrars, the share registration business it agreed to buy in May 2007. Bob Thian has been named as chairman, and Rod Aldridge and Oliver Niedermaier as non-executive...

Kennet Partners promotes Bleyleben.(PEOPLE)
September 1, 2007... Kennet Partners, the UK technology growth investor, has promoted Maximilian Bleyleben to partner. In his new role, he will continue to originate and manage growth equity investments and buyouts in the software, IT services and digital media...

Private Advisors opens in London.(PEOPLE)
September 1, 2007... Private Advisors, a private equity and hedge fund investment firm specializing in advising institutional investors and wealthy individuals, has opened a London office as it seeks to cash in on the globalisation of the private equity industry....

Barclays Ventures hires three.(PEOPLE)(appointment of Eddy Dempsey)(Brief article)
September 1, 2007... The mid-market buyout arm of Barclays Bank, Barclays Ventures, has named three new additions to the investment team. Eddy Dempsey has been appointed senior associate director whilst Rachel Boomgaardt and James Savage join as investment...

Pension Corp hires.(PEOPLE)
September 1, 2007... Pension Corporation, the pension's insurer set-up by former Duke Street Capital chair Edi Truell, has appointed Charlotte Crosswell as head of business development. She joins from NASDAQ, where she has run the international business since 2004,...

Zeus chooses Beth Houghton.(PEOPLE)(Zeus Private Equity appointment Beth Houghton)(Brief article)
September 1, 2007... Zeus Private Equity (ZPE), a UK regional private equity fund based in Manchester, has appointed Beth Houghton as an investment executive ahead of the final close of its maiden fund. Houghton recently completed an MBA at Manchester Business...

GLSV promotes.(PEOPLE)(appointment of Stephen J. McCormack)(Brief article)
September 1, 2007... Global Life Science Ventures (GLSV), the Zurich headquartered VC, has named Stephen J. McCormack as a managing director. Working from the firm's Zug office, McCormack joined GLSV in May 2006 and became a partner in November. McCormack has so...

New head of 3i France.(PEOPLE)
September 1, 2007... UK buyouts and VC firm 3i has recruited Bruno Deschamps as partner and managing director of 3i France. He succeeds Guy Zarzavatdjian, who became responsible for 3i's Growth Capital business last autumn. He joins from Clayton, Dubilier & Rice...

Phoenix promotes Tim Dunn.(PEOPLE)
September 1, 2007... Phoenix Equity Partners, a UK mid-market private equity firm, has promoted Tim Duma to principal with immediate effect. He joined Phoenix in 2004 having spent four years at Monitor Clipper Partners. He has been involved in several transactions...

Jefferies makes double appointment.(PEOPLE)(appointment of Bruce Huber and Warren Scott)(Brief article)
September 1, 2007... Jefferies, the US investment bank, has appointed Bruce Huber and Warren Scott as co-heads of financial sponsors team in Europe. Both will continue in their existing roles; Huber is head of European technology and cleantech investment banking in...

Close Bros names leisure and retail MD.(PEOPLE)(appointment of Michael Dubois )(Brief article)
September 1, 2007... Close Brothers Corporate Finance has promoted Michael Dubois to managing director of its leisure and retail sector group. He has been with the team since 1999. He has acted for numerous companies in this space, with a particular focus on the...

China overtakes UK in venture race: VCs invest 1.4bn [pounds sterling] in 2006 as Asian market continues rapid growth.(DATA ROOM)
September 1, 2007... The Chinese venture capital market overtook the UK last year, and India is poised to do the same by 2009. [ILLUSTRATION OMITTED] This is the verdict of a report commissioned by UBS Wealth Management, and published by Library House. It...

UK activity at all time high: private equity investments in opening half of 2007 over 25bn [pounds sterling].(DATA ROOM)
September 1, 2007... The UK private equity market has seen 25bn [pounds sterling] of deals completed in the first six months of this year, close to the full year figure of 26.5bn [pounds sterling] for 2006, itself a record. The latest statistics from British...

Fundraising at record pace: benchmarks smashed as firms raise bigger and bigger vehicles.(DATA ROOM)(Brief article)
September 1, 2007... Private equity funds have raised US$260bn globally in the first half of 2007, a 10% increase in the previous record of US$237bn seen in the second half of 2006. The money was raised by 265 funds and recorded by Private Equity Intelligence...

Tech M&A boom over: activity down in Q2 following record two years.(DATA ROOM)(Regent Associates)(Brief article)
September 1, 2007... Acquisitions in the European technology sector have fallen after two years of record-breaking activity according to the half-yearly review by Regent Associates, the UK advisor to the technology sector. In the opening half of 2007,1642 deals...

LBO syndications arranged July/August.(BUYOUTS)
September 1, 2007... COMPANIES IN THIS SECTION ELIS GAMBRO MAXEDA ONE SCANDLINES STORK TALKLINE THULE V-HOLDING ZODIAC MARINE Applus TARGET NATION: SPAIN DATE ANNOUNCED: 25/07/07 DEAL TYPE: LBO ...

Refinancing.(BUYOUTS)
September 1, 2007... COMPANIES IN THIS SECTION AA/SAGA IDEAL STELRAD LR HEALTH & BEAUTY LUVATA NOCIBE PAROC PICARD SURGELES SPRINGER SCIENCE TERREAL VTG AA/Saga TARGET NATION: UK DATE ANNOUNCED: 25/06/07...

Private equity-backed takeovers subject to EU competition law.(BUYOUTS)(European Union. European Commission)
September 1, 2007... COMPANIES IN THIS SECTION BTC EGL ELTEL EMI GAMBRO KLOCKNER SCANDLINES STORK TAKKO WRIST GROUP ANP PRIVATE EQUITY BACKER(S): GIMV AND NPM CAPITAL BUSINESS DESCRIPTION: NEWS AGENCY...

Seeking buyers.(Statistical table)
September 1, 2007... SEEKING BUYERS Seeking buyers includes listings of all European companies that have announced plans since June 23, 2007 until August 17, 2007 to sell divisions, stakes or their entire company. It also includes purported sales efforts...

Keeping abrest of all of the industry's upcoming events.(Calendar)
September 1, 2007... The EVCJ comprehensive calendar SEPTEMBER 5-7 SEPTEMBER The Capvent Annual China-India Private Equity Summit Le Royal Meridien, Shanghai, PRC The Summit will explore key trends and their impact on the two countries, their...

Announced deals.
September 1, 2007... ANNOUNCED DEALS Announced deals includes listing of private equity and venture capital transactions involving European targets announced between June 23, 2007 to August 17, 2007. The listings are ordered by target nation, and...

Private equity in 2017: this year sees Adveq, the Swiss private equity fund of funds manager, celebrates its 10th anniversary. Andre Jaeggi, managing director at Adveq, comments on the decade ahead for private equity.(COMMENT)
September 1, 2007... The past 10 years has seen private equity undergo a rapid evolution to become a global and wide reaching industry. To get here, the industry has been through a number of cycles, from the early days when it was dominated by venture capital, to...