Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 12 January 2013
VSS has agreed to pay $185 million for direct marketing company TRANZACT, generating for its owner, Halyard Capital, a return of 12 times its investment and an 85 percent IRR.
2 min read · 12 January 2013
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
2 min read · 12 January 2013
European Capital, the listed debt and equity provider, has acquired a stake in French double glazing company Devglass, ensuring a consistent investment pace this quarter.
2 min read · 12 January 2013
European buyout firm Cinven’s £2 billion bid for two divisions of media group Emap is the second largest new offer since debt market turmoil decimated the market for leveraged loans.
2 min read · 12 January 2013
The Carlyle Group has successfully wooed Coates Hire, an Australian equipment rental company with the third offer it has tabled together with National Hire Group. The transaction, which values Coates Hire at A$1.7 billion, is the largest buyout in Australia this year.
2 min read · 12 January 2013
US buyout firm Saratoga Partners has added Auer Lighting to its portfolio business Advanced Lighting Technologies, which it bought out of bankruptcy in 2003.
1 min read · 12 January 2013
Kabir Misra is in charge of a new Softbank affiliate that is making its mark across Asia.
2 min read · 12 January 2013
Asian private equity will not escape unscathed from the global credit crunch.
3 min read · 12 January 2013
The quiet before another storm
2 min read · 12 January 2013
