The latest addition to Royal Bank of Scotland's private equity business will invest in enterprise application and communication software, internet infrastructure and hardware infrastructure.
Barclays Private Equity has closed its second deal in a week with the management buy-out of UK-based delivery company Nightfreight.
The investment company has acquired a 60 per cent stake in Croatian shipping company Tankerska, the largest private equity transaction in the region to date.
Close Brothers Corporate Finance has set up a corporate restructuring group to offer ‘US style restructuring advice combined with practical experience of European markets issues'.
Kirch is working on an improved takeover offer for the media group. The consortium including private equity funds Morgan Grenfell Private Equity and Hellman & Friedman also remains in contention.
Earlier this month the Italian subsidiary of Morgan Grenfell Private Equity cancelled a planned buyout because of losses at the company.
Breare’s revised offer is believed to be significantly down on the 550p per share he offered in September.
Background checks and research by private equity companies are more thorough than in the smaller companies quoted market, says Aon investment consultant.
The Japanese bank has a strong appetite for hotels: it is also a contender for three out of four Granada Compass chains.
The retail financial services provider was previously owned by Ventura, a subsidiary of Next. Management takes a 10 per cent stake.