Latest News
Aurelius Rho Invest is to acquire the European business activities of the US-based Office Depot.
Once the consultation processes with various employee representative bodies at the Office Depot Group in France have been concluded, the seller will be able to conclude an already negotiated purchase agreement.
The two parties have agreed on exclusivity during this period. The transaction, which is subject to the approval of the relevant anti-trust authorities and further closing conditions, is scheduled for completion in the next few months.
Office Depot Europe, which operates in 14 countries across Europe and has approximately 6,500 employees, has
Tata Power International and ICICI Venture have created a platform company, Resurgent Power Ventures, to facilitate investment in power projects in India in the coming two to three years.
The projects are in advanced stages and near operational readiness or operating.
The platform is co-sponsored by Tata Power and ICICI Bank, which are being advised by Akin Gump. It has commitments from partner investors Caisse de dépôt et placement du Québec of Canada, Kuwait Investment Authority and State General Reserve Fund of the Sultanate of Oman, which are some of the largest investors globally.
The platform has raised
NorthEdge Capital has promoted Jon Pickering to head of Manchester to lead the firm’s investment operations across the North West.
Pickering has worked in the North West private equity market since 2002 and joined NorthEdge in 2013.
During his time at NorthEdge, he has led seven deals plus a number of follow-on portfolio acquisitions. This includes investments into SAAS solutions provider Utiligroup and composite door manufacturer Solidor and subsequent acquisitions to create DW3 Products Group. More recently, he led the investment into the niche logistics provider, Abbey Logistics.
Working alongside Ray Stenton, partner and head of new business
D’Ieteren is to acquire a 41 per cent stake in Milan-listed Moleskine from reference shareholders Appunti (Syntegra Capital) and Pentavest (Index Ventures), at EUR2.40 per share, valuing the company equity at EUR506 million.
After closing of the acquisition, which is subject to German anti-trust clearance, D’Ieteren will launch an unconditional mandatory takeover offer on the remaining shares at the same price (EUR2.40 per share) with no minimum threshold of ownership in the course of Q4 2016.
If the applicable threshold is reached, D’Ieteren intends to delist Moleskine from the Milan stock exchange. This remaining investment will be financed through
Listed private equity (LPE) funds have been trading at wide discounts to net asset value of more than 20 per cent, despite good investment performance over the last five years, according to research by international equity research and investor relations firm, Edison.
The first in Edison's series of in-depth reports on the LPE sector, examining key opportunities and issues for investors, reveals that recent corporate activity underpins a potential value case, with the market starting to understand the mis-match between low LPE valuations and strong investment performance.
The report highlights that LPE funds are easily accessible and open up
Noerr has advised the Dresden-based solar enterprise Heliatek on a Series D funding and the conclusion of a loan agreement with the European Investment Bank (EIB).
The total volume – including public subsidies – comes to around EUR80 million.
The funding consists of equity capital of EUR42 million, a loan for EUR20 million and around EUR18 million in public subsidies.
The investors in this funding round, which is one of the largest in the greentech sector over the past few years and was led by innogy SE, included ENGIE, BNP Paribas and CEE Group as well as the
Rothschild & Co, an independent financial advisory group, has opened an office in Chicago.
Investment banker Eric Hirschfield has joined Rothschild Global Advisory as a managing director and will head the new office.
Hirschfield, who has 28 years' experience as an M&A professional, joins Rothschild & Co from Goldman Sachs where he was a managing director.
Located at 77 West Wacker Drive, the Chicago office will serve Rothschild & Co's global client base, with investment banking expertise in over 50 offices in 40 countries. A core team of bankers has already joined Hirschfield in the Chicago office.
James (Jimmy) Neissa, head of
The Tikehau IM-managed Novi 1 fund has provided EUR15 million of a global EUR30 million financing for the Dietrich Carebus Group.
The fund subscribed to the entire EUR10 million convertible bond issue and underwrote EUR5 million of the total EUR20 million senior bond issue.
Founded in 1920, Dietrich Carebus Group is the third largest market participant in France for coach and bus distribution as well as after-sales services. The group is the exclusive distributor for Chinese coach and bus manufacturer Yutong and the Turkish company Temsa. For the fiscal year ended 30 September 2015, the group generated revenues of
NewAlpha Asset Management, which launched the first French venture capital fund dedicated to Fintechs in November 2015, has made a EUR2.5 million investment in Unilend.
The investment provides Unilend with financial resources as it looks to move into the next phase in its development.
Working alongside the founders of Unilend, NewAlpha joins a shareholder base comprising Ventech, Bpifrance and 360 Capital Partners.
A French pioneer in peer-to-business lending for SMEs, Unilend lets borrowers access a new form of direct and unsecured funding via loans granted by individual and institutional investors. In so doing, these investors can diversify their
Energy-focused private equity funds manager TPH Partners has formed a partnership with Antioch Energy, an Oklahoma City oil and gas exploration and production company.
With roots dating back three generations in oil and gas, Antioch Energy is led by Kevin Dunnington, chief executive officer, and Nathaniel Harding, president.
Antioch Energy changed its name from Harding & Shelton Exploration when the formative transaction closed earlier this month.
“Everyone on our management team has run their own independent oil and gas company and brings a tremendous amount of experience, technical expertise and knowledge to the table,” says Harding. “Add to
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
