Toby Mitchenall
Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
The mid-market turnaround specialist has backed the buyout of Crown Paints from Dutch conglomerate Akzo Nobel in a deal fully underwritten by Endless’ second £164m fund. The deal value, though not disclosed, was lower than the reported £70m.
Investors from outside Europe, including private equity firms, could be affected by an amendment to Germany’s Foreign Trade Act approved today.
The UK-listed private equity firm has drawn on talent from the European Bank for Reconstruction and Development to staff its Central and Eastern Europe team.
In a move welcomed by the London Assembly, the ‘Prince of Darkness’ has relinquished his position as head of Transport for London before even taking it up, as he resigns his position as First Deputy Mayor.
After nearly 30 years in the buyout industry, one of Cinven’s founding partners is scaling back his time commitment to the firm as it prepares to raise between €8bn and €10bn for its fifth fund. Cinven is also reportedly among the bidders for Anglo-Dutch media group Reed Elsevier, expected to fetch roughly £1bn.
The EVCA has appointed 11 new mid-market members to its board of directors. Named as its board chairman in June, 3i's Jonathan Russell has said the EVCA must help the public understand that most market participants are not mega-firms involved in headline-grabbing deals, but focus on fuelling SME growth.
The lower mid-market firm has sold German automotive and aerospace engineering consultant, IndustrieHansa, for an undisclosed sum, just two years after acquiring it. The buyer was Findos Investor, a fund backed exclusively by German family-owned companies.
The European investment bank’s corporate finance advisory business, which has advised on recent private equity deals including Hg's £126m exit of Boosey & Hawkes, has pruned its London team by 11 bankers as the slowdown in M&A activity takes its toll.
The management of set-top box technology company NDS has agreed to a take-private deal with media giant News Corp and UK-based buyout firm Permira. The private equity firm will own 51 percent of the company, with Rupert Murdoch’s media group owning the remainder.