Toby Lewis

Terra Firma’s settlement with the German bank over the disputed Boxclever securitisation allows the UK buyout firm to defend charges of fraud on only one front against French bank Natixis.

The European buyout firm’s exit from Mark IV Industries has finalised losses it wrote down in 2006 for its seventh fund. The firm is separately set to complete its $16 billion Intelsat deal next month.

After reorientating Sanctuary Spa Covent Garden into a product focussed business in two years Hg Capital sold the company for £75 million.

Continuing the growing involvement of buyout firms in the oil and gas sector 3i and ABN Amro’s merchant banking arm have taken a £53 million stake in TSMarine.

The consortium backing Spanish inspection business Applus is adding to the rapid growth in the company’s chemical and energy inspection arm.

Credit Suisse- and General Electric-backed Global Infrastructure Partners has purchased a second add-on for its global ports platform.

The disappearance of mega deals in the European buyout market and a drop of nearly 50 percent in large mid-market volume contrasted to gains for the lower mid-market, growth capital and venture in the fourth quarter.

Banking on changing demographics the regional buyout firm has bought Acibadem Healthcare Services and its sister insurance company alongside the group’s founder Mehmet Ali Aydinlar.

The African remainder of CDC's energy company Globeleq will form the seed asset for emerging market firm Actis’ next $1.25 billion infrastructure fund. CDC also committed $750 million to the fund.

3i, the FTSE 100 investment firm, kept up investing in the last quarter of last year despite the problems in the global credit markets. Chief executive Philip Yea emphasised the group’s mid-market position and international network to explain the steady investment flow.