Latest News
Global alternative asset manager The Carlyle Group has entered into exclusive negotiations for the acquisition of Sagemcom, a global high-technology group specialising in broadband communications and energy activities, from the Gores Group.
Carlyle would invest through Carlyle Europe Partners III (CEP III), a EUR5.4 billion buyout fund focused on investment opportunities in Europe, and would own 70% of Sagemcom whilst management and employees would hold the remaining 30%. Further financial terms of the transaction were not disclosed.
Sagemcom is a European manufacturer of high-end digital TV set-top boxes, very high speed broadband residential terminals and advanced electricity meters,
Religare Global Asset Management (RGAM), a wholly owned subsidiary and the multi-boutique asset management arm of integrated financial services group, Religare Enterprises Limited, has appointed Alan Berkshire as President – North America.
RGAM’s strategy is to acquire equity stakes in top-tier asset management firms around the world with proven performance and capabilities in traditional as well as alternative asset classes. RGAM aims to facilitate the growth of its affiliates by providing wider sales and distribution support and facilitating access to capital and deal flow in countries where Religare’s broader financial services platform has a presence, while leaving the existing management
Some 81% of venture capitalists believe an active IPO market is essential to the success of the venture capital industry, according to a new report on the global venture capital industry, issued by Deloitte and the British Private Equity and Venture Capital Association (BVCA). The majority of respondents (84%) surveyed felt that current levels of IPO activity were too low to support a healthy venture capital industry.
The survey indicates that the majority of venture capitalists think that without the higher returns generated by IPOs, the exit opportunities offered by M&A alone are not compelling enough to draw limited partner
Maven has led the off-market acquisition of certain trade and assets from the Ely Property Group, most notably a number of long term student accommodation management contracts in the UK and Ireland.
The new business, which will be branded as Space Student Living and operate from a commercial hub in London, will focus its resources and expertise on providing contracted management services in the student housing sector where there is considerable scope for further growth. The business has developed a solid recurring revenue base generated from seven established sites which are operating at near 100% occupancy and have identifiable levels of
JZ Capital Partners Limited (JZCP), the London listed closed ended investment company which principally invests in US and European micro cap buyouts, has seen its NAV per share increase 6 per cent during Q1 2011 and now stands at USD9.03 (on an annualised basis) up from USD8.93.
The company’s interim management statement for the quarter also reveals that there has been a further narrowing of the firm’s NAV discount to 23%.
European investments also increased by USD31.5 million over the first quarter, following the investments in two Spanish companies, Docout and Ombuds.
JZCP has also made its first USD7.7 million
International law firm Eversheds has advised private equity house Endless and the Board of Crown Paints on the sale of Crown Paints to Danish company Hempel.
Endless acquired Crown Paints in September 2008 from Akzo Nobel. Endless and the management team at Crown Paints then turned around a loss-making business achieving profits of GBP20m on sales of GBP180m in 2010.
Hempel, which was established in Denmark nearly a century ago, supplies products to the decorative, protective, marine, container and yacht markets in more than 80 countries.
The Eversheds team was led by partners Jonathan Robinson and Daniel Hall assisted by
DN Capital, the international early stage and growth equity investor and backer of leading global digital media companies such as Shazam, Digital Chocolate, OLX and Endeca, has completed the sale of portfolio company Datanomic to Oracle Corporation.
DN Capital was a significant shareholder in Datanomic and the only institutional investor. Following this transaction, DN Capital’s second fund (DN Capital GVC II), which made its first investments in 2008, has already paid back the vast majority of invested capital and is showing clear top quartile returns to investors.
DN Capital Managing Partner and Datanomic Board Member, Nenad Marovac, says: "We are
UBM plc has acquired a 70% equity stake in the Catersource catering conference and exhibition and its sister show Event Solutions, which serves the event planning industry. UBM has acquired the majority stake from Catersource’s private owners for a total cash consideration of USD5 million, on behalf of UBM Live.
Founded in 1982 and based in Minneapolis, Catersource hosts an annual conference and exhibition for the USA catering and event planning industry, as well as awards events and supporting print and digital marketing platforms. The events take place annually during February and March in Las Vegas. This year’s Catersource and
Actis, the pan-emerging markets private equity investor, has appointed Joe Sinyor (pictured) as a partner and head of the firm’s Value Creation Group. Based in London, Sinyor will be working closely with Actis’s portfolio companies to add value by driving operational and strategic improvements.
Sinyor joined Actis in May 2011, and brings a broad range of experience as well as a wealth of contacts, both in and beyond private equity, to Actis. He moved into private equity with a role at Terra Firma in 2003, before becoming Operational Managing Director at Strategic Value Partners, a US alternative investment fund primarily
Cover FX, a producer of dermatology-inspired cosmetics, has received a capital investment by consumer-focused private equity firm Catterton Partners. The proceeds of the investment will be used to accelerate growth in domestic and global markets. Terms of the transaction have not been disclosed.
Known as The Foundation Authority, Cover FX was created by Lee Graff and Jenny Frankel in collaboration with Dr.Neil H Shear to provide flawless cosmeceutical solutions. From its beginnings in 2000 with the iconic Cover FX cream foundation, Cover FX has developed a complete line of foundations, primers, concealers, moisturizers and cleansers formulated for any skin type,
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
