Toby Lewis

After doubling profits and turnover at Kosan Crisplant, Segulah has sold the oil and gas company to the International Bank of Bahrain, taking advantage of the strong client base the company has in the region.

Activity in the European lower mid-market continues with Inflexion Private Equity recruiting two investment professionals on the back of further hires last year.

As Terra Firma’s plans for music group EMI develop a third senior executive departs the business. Guy Hands has pledged to cut costs and develop new revenue streams for the beleaguered music company.

The European mid-market investment firm is banking on its track record in the automotive sector with its purchase of Gebruder Gienanth-Eisenberg, the firm’s third transaction since the beginning of December.

Greenhill’s captive firm has expanded its European team led by Brian Philips to full capacity, as it continues to invest its recently raised first fund.

The French retailer has pulled out of the bidding for Migros, as buyout firms such as Kohlberg Kravis Roberts and BC Partners are set to table bids tomorrow for the Turkish company.

John Bernstein, who previously led Advent International’s London branch of its European technology and telecoms team, is the latest hire by global investment firm General Atlantic.

CCMP Capital Asia is reportedly looking to exit South Korean car parts company Mando for more than $1 billion, as the country´s authorities continue to treat firms in the region with hostility.

Istithmar, a Dubai government-owned investment firm, reportedly plans to diversify into venture capital and debt investing as the unavailability of leverage makes larger deals more difficult.

ECI Partners, the UK mid-market firm, has recruited investor relations manager Jeremy Lytle, who had a similar role at hedge fund FM Capital Management.