Robin Marriott, Europe Editor of PEO’s sister site PrivateEquityRealEstate.com, profiles the man looking to buy UK retailer Sainsbury’s – and to succeed where a private equity consortium recently failed.
Dutch wireless audio company STS has had its first ever venture backing from Kennet Partners, as companies in the wireless space continue to attract venture funding.
Piper Private Equity has sold its minority stake in UK Latin American-themed restaurant chain Las Iguanas to Bowmark Capital for £27 million, registering a 6 times return with a 40 percent IRR over five years.
South African casino group Gold Reef Resorts has entered into exclusive talks with an Ethos Private Equity-led consortium, and the bid already has 76 percent shareholder acceptance.
JER Partners has convened a high-profile advisory board to direct its investment interests throughout Latin America.
India’s Power Finance Corp, a non-banking public sector lender, is reportedly turning to private equity to arrest the country’s infamous power shortfalls. Goldman Sachs and The Blackstone Group have been identified as possible partners.
Canadian firm CAI has sold dental and vision insurer SafeGuard Health to MetLife, generating a 20 percent IRR on the investment.
Chicago-based Harrison Street Real Estate Capital has reportedly partnered with self-storage operator Morningstar Properties to purchase a marina on St. Simons Island in Georgia.
The Asian private equity market continues to grow at a rapid rate, but a new report questions whether there are enough quality managers to invest the vast sums pouring into the asset class. James Taylor reports.
Despite the ongoing problems in the debt markets, Inflexion Private Equity has successfully refinanced the senior debt of the UK-based Ilchester Cheese Company at 2.5 times EBITDA.