Expro International, the oilfield services portfolio company of Arle Capital Partners, has sold off its manufacturing business to Siemens for $630m.
2 min read · 14 January 2013
Caiman Energy – which is backed by US fund managers EnCap Flatrock Midstream and Highstar Capital – is selling wholly owned gas gathering and processing subsidiary Caiman Eastern Midstream to Williams Partners, a master limited partnership focused on natural gas transportation.
2 min read · 15 January 2013
The New York-based investment and advisory firm has agreed to take control of €100 million of real estate loans from French bank Société Générale, which last year signalled a retreat from the sector.
2 min read · 14 January 2013
The Bahrain-based private equity group has filed for bankruptcy protection in the US after failing to agree a $1.1bn debt refinancing with creditors.
2 min read · 14 January 2013
The opportunistic and distressed real estate investment firm has acquired an unfinished residential community in Tennessee, with an expected value of about $750 million, from the bankruptcy trustee.
2 min read · 14 January 2013
Silver Lake has added venture debt specialist and Lighthouse Capital Partners co-founder Rick Stubblefield to the oversight committee of its recently launched $75m fund.
1 min read · 14 January 2013
As part of its strategy to reduce its US assets, the troubled commercial real estate finance unit of Germany’s Commerzbank is seeking bidders for a portfolio of 12 US loans. The move follows closely on the heels of a $300 million US loan portfolio sale to The Blackstone Group.
1 min read · 14 January 2013
Providence Equity Partners’ $291m sale of Archipelago Learning to Thoma Bravo represents its second sizeable exit during the past few months and a much needed realisation as the firm tries to attract commitments for its next fund, targeting $6bn.
2 min read · 14 January 2013
The global property investment firm has appointed John Feeney to head up the real estate debt division, a segment of the market that it believes is poised for growth.
2 min read · 14 January 2013
Russia is seeing an upturn in private equity activity, according to new figures from Ernst & Young, with deal value in 2011 double 2010 levels and deal volume also creeping upwards.
2 min read · 14 January 2013
