Leverage multiples for large European buyouts have risen to their highest point since the pre-Lehman market peak.
1 min read · 28 August 2013
The acquisition comes shortly after Carlyle held a final close for its Strategic Partners III fund.
2 min read · 27 August 2013
UK-based private debt firm Prefequity arranged the deal, which has initially been underwritten by Alcentra.
1 min read · 27 August 2013
Private Debt Investor rather likes surfing, and must confess, in the interests of full disclosure, to owning a Billabong wetsuit. So it viewed with interest the latest development in the protracted battle for control of the ailing Australian surfwear company.
2 min read · 23 August 2013
Oaktree and Centerbridge have given Billabong’s board cause for thought two days after regulators approved a rival offer from Altamont Capital Partners.
2 min read · 23 August 2013
TPG, led by David Bonderman, is seeking to raise a successor to its previous credit vehicle, TPG Opportunities Partners II, which raised $2.41bn.
1 min read · 22 August 2013
The approval is the final step in a $480m deal between Carlyle and EQT.
1 min read · 22 August 2013
The firm, which launched in 2011, employs a sale-leaseback strategy in the US and Europe.
2 min read · 22 August 2013
Billabong's takeover agreement from a consortium of investors led by Altamont Capital Partners can proceed, say regulators.
2 min read · 22 August 2013
The company has refinanced its debt in a £527m deal which sees its existing backers inject fresh equity.
2 min read · 21 August 2013